Team

Mohale

Mohale Rakgate

Chief Investment Officer: Infrastructure Fund

Born: 1973
Executive Director: 1 September 2017
Joined DBSA: March 2014
Academic qualifications:
• MSc in Global Finance, HKUST-NYU Stern
• Project and Infrastructure Finance Programme, London Business School
• Advanced Management Programme, Harvard Business School
• Post-Graduate Certificate in International Management, University of London
• BComm (Accounting), University of Limpopo 

Chuene

Chuene Ramphele

Group Executive: Infrastructure Delivery

Born: 1974
Appointed: 1 November 2018
DBSA Staff member from 1 June 2010
Academic qualifications:
• MBL, UNISA Graduate School of Business Leadership
• Baccalaureus Technologiae: Public Management, UNISA
• Advanced Management Development Programme, University of Pretoria
• National Diploma:  Public Management and Administration, Technikon Northern Transvaal

Boitumelo Mosako

Boitumelo Mosako

Executive Director (Chief Executive Officer)

Born: 1978
Appointed: 1 April 2023
Executive Director from 1 June 2018

Her career is entrenched in the operations of the DBSA, Boitumelo brings value to the Bank with her experience in both the private and public sectors, including financial services, venture capital, healthcare, and professional services. Boitumelo has slotted seamlessly into her role of driving the strategy and operations of the institution, known as a trailblazer who ensured, insisted, and drove governance within the DBSA while in the role of CFO.

Boitumelo Mosako, made history by becoming the DBSA’s first woman CEO. Boitumelo assumed office in April 2023, ten years after first joining the DBSA’s finance division.

Boitumelo values inclusion, not talking only about including women and other marginalised groups but evolving the Bank into spaces where everyone feels included and therefore can participate comfortably to their fullest abilities. Fostering a culture of trust, transparency, continuous learning, and empowering teams to thrive in a rapidly changing world.

Boitumelo’s expertise spans auditing, financial management, and strategy, acquired through roles at reputable organisations. Prior to joining the DBSA, she served as the Chief Financial Officer (CFO) at the South African Bureau of Standards (SABS), where she played a crucial role in financial governance and strategy development. Previously, she held the position of General Manager of Finance at the DBSA, demonstrating her familiarity with the organisation's operations and financial landscape. Her career also includes stints at Triumph Venture Capital, Citigroup, and EY, where she honed her skills in financial analysis, risk management, and regulatory compliance.

A Chartered Accountant (SA) with over 12 years of experience in financial services, Boitumelo holds an Advanced Management Programme Certificate from Harvard Business School, a BBBEE Management Development Programme Certificate from UNISA, a Higher Diploma in Auditing, a Post Graduate Diploma in Accounting and a BCom Accounting Degree from the University of Cape Town.

Zodwa Mbele

Zodwa Mbele

Executive Director (Chief Financial Officer)

Born: 1971
Executive Director from 2 October 2023

Zodwa’s extensive experience in financial leadership roles, coupled with her qualifications and executive education, positions her as a highly competent professional capable of driving financial strategies and operational excellence within the DBSA.

With a solid foundation in finance and executive education, Zodwa Mbele has previously held key positions at the Development Bank of Southern Africa, including General Manager of Finance, Acting CFO, and Group Executive: Transacting.

Zodwa Mbele is a Chartered Accountant (CA(SA)) with additional certification in International Treasury Management (UK), showcasing her expertise in financial management and treasury operations. Her commitment to continuous learning is evident through her attendance at prestigious programmes such as the Harvard Business School's Advanced Management Programme, the Stellenbosch Business School's Executive Development Programme, and the Wits Business School's Management Advanced Programme.