Home Accounting and Auditing Tsakani Maluleke appointed as new auditor-general

Tsakani Maluleke appointed as new auditor-general

156
0

Deputy Auditor-General (AG) Tsakani Maluleke has been confirmed as the new AG by President Cyril Ramaphosa. This follows the passing away of former AG Kimi Makwetu on 11 November from lung cancer. .

The appointment of Maluleke to the AG position was fully endorsed by Parliament, including opposition parties such as the DA and EFF. She has been deputy AG since 2014. This makes her appointment as the top auditor in the public sector the first time that a woman has held this position.

Ramaphosa appoints Tsakani Maluleke as Auditor-General
The new Auditor-General, Tsakani Maluleke

Herm term commences on 1 December 2020 and will continue for seven years. The appointment is not renewable after the seven year term, as required by the Constitution.

In a statement this week, President Ramaphosa wished her well in her task to advance “public sector accountability and contributing to the building of an ethical and capable state.”

Maluleke is a CA and auditor with a Bachelor of Commerce (Accounting) degree from the University of Cape Town, a post-graduate diploma in accountancy, and a post-graduate diploma in development and public management from Wits University.

“She is a seasoned business leader with a wealth of corporate governance experience gained through participation on numerous corporate boards and strategic committees,” says the President’s statement.

“Ms Maluleke has more than 20 years of experience in the private and public sectors, spanning diverse areas including auditing, consulting, corporate advisory, development finance, investment management and skills development agencies.”

She also served on the Presidential BEE Advisory Council, where she headed a sub-committee responsible for developing recommendations for amendments to legislation and regulations around broad-based black economic empowerment.

According to EWN, Maluleke has worked with various business and accountancy organisations, including Business Unity South Africa, African Women Chartered Accountants, and was the president of the Association for the Advancement of Black Accountants of Southern Africa. She is currently the non-executive chair of the Board of the South African Institute of Chartered Accountants.