Team

Ebrahim Rasool

Ebrahim Rasool

Independent Non-executive Director

Born: 1962
Independent Non-executive Director from 30 November 2022

Ebrahim Rasool, the founder of the World for All Foundation, brings substantial value to the Development Bank of Southern Africa through his extensive government experience. He has led different departments such as Health, Welfare, Finance, and Economic Development as a Provincial Minister and as a former Premier of the Western Cape, along with his tenure as the South African Ambassador to the United States. His socio-economic development and strategic leadership and management skills, prepared through these roles, equip him with the ability to navigate complex regulatory environments and strategically guide the Bank towards meeting its mandate by meeting objectives. Rasool's background in social services leadership underscores his commitment to addressing societal challenges, complementing the Bank's mission to promote development and alleviate poverty.

Ebrahim Rasool holds a Bachelor of Arts and a Higher Diploma in Education from the University of Cape Town, an Honorary Doctorate of Humane Letters, Honoris Causa, by the Roosevelt University in Chicago, USA, and a Doctor of Public Service, Honoris Causa from Chatham University in Pittsburgh, PA.

Boitumelo Mosako

Boitumelo Mosako

Chief Executive Officer

Born: 1978
Appointed: 1 April 2023
Executive Director from 1 June 2018
Academic qualifications:
• Advanced Management Programme, Harvard Business School 
• Chartered Accountant (SA) 
• Higher Diploma in Auditing, Accounting Professional Training 
• Postgraduate Diploma in Accounting, University of Cape Town 
• BCom Accounting, University of Cape Town 

Michael

Michael Hillary

Group Executive: Financing Operations

Born: 1970
Appointed: 1 October 2012
Academic qualifications:
• MBA, University of Witwatersrand
• BCom Hons, University of Witwatersrand
• CAIB (SA), Institute of Bankers

Catherine koffman

Catherine Koffman

Group Executive: Project Preparation

Born: 1971
Appointed: 1 February 2021
Academic Qualifications: 
• Admitted Attorney 
• Master of Laws, University of the Witwatersrand 
• Bachelor of Laws, University of the Witwatersrand 
• BA (Law), University of the Witwatersrand 
• MBA: London School Economics; New York Business School Stern; HEC Paris 
• Advanced Management Programme Harvard Business School 

Mpho

Mpho Kubelo

Chief Risk Officer

Born: 1977
Appointed: 1 September 2017
DBSA staff member from 1 November 2007
Academic qualifications:
• Executive Development Programme, GIBS 
• MBA, University of Witwatersrand: Business School 
• CFA Charter 
• Postgraduate Diploma in Business Administration, University of KwaZulu-Natal 
• BSc Electrical Engineering, University of Witwatersrand 
• MS Risk Management, Stern Business School (New York University) 

Zodwa

Zodwa Mbele

Group Executive: Chief Financial Officer

Born: 1971
Appointed: 1 July 2023
Executive Director from 2 October 2023
Academic qualifications:
• Advanced Management Programme, Harvard Business School 
• Executive Development Programme, University of Stellenbosch Business School 
• Management Advanced Programme, WITS Business School 
• Certificate in International Treasury Management ACT (UK) 
• Chartered Accountant (SA) 
• Bachelor of Accounting Science Honours, Unisa 
• Baccalaureus Paedonomia University of Zululand