Feb 17, 2020 - Explore C F O School's board "Chief Financial Officer" on Pinterest. But then it turned out that her husband couldn’t leave his job. The culture is one of the best out of any of the places that I have worked at. Raisibe Morathi has been the group Chief Financial Officer at Nedbank Group Limited since Sep 2009. But you can compromise your internal growth by doing this, you lose experience in the vertical.”, She then moved out of the private sector and in to the Investment Development Corporation (IDC) where she finally did settle down for seven and a half years. Raisibe Ntozakhe (born 29 November 1996) is a South African cricketer. So they thought I was ready to do Grade 10 without doing Grade 9, and I coped very well.”, However, when her teachers wanted her to focus on science subjects, Raisibe stopped listening. It was a great learning experience.”. It added to my determination. In December, with the race looming large, four months away, Raisibe’s husband pulled out, saying he wasn’t fit enough, and there wasn’t enough time to train. Over 350 top CFOs, VIPs and business partners attend the event annually to enjoy networking, entertainment and a scrumptious dinner. You want to assume responsibilities and to look after people; however, you can become too involved in people's problems and tend to worry. And as we interviewed her towards the end of 2018, she was in the final stages of winding up the last leg of the separation from Old Mutual, which involved the buying out of small shareholders with less than 100 shares, offering them market prices plus a 5 percent premium. In this role, Morathi is responsible for overseeing strategic financial initiatives. Growing up focused I liked the accounting teachers. I didn’t make it. Depth at Nedbank “Raising a family isn’t an excuse for not being busy. “We have 6,000 people in this campus, and 32,000 across the business. Born November 29, 1996, Johannesburg, Transvaal . After completing articles, she joined Nedbank Investment Bank as a trainee, and then spent a while moving around in the banking industry – gaining exposure to structured finance, corporate finance and private equity. Raisibe Morathi Title/designation – Chief Financial Officer, Nedbank Group Limited Contact details – 011 295 9693 1.1. In the past Ms. Morathi was Chief Financial Officer & Executive Director at Nedbank Group Ltd. and Chief Financial Officer & Executive Director at Nedbank Ltd. (a subsidiary of Nedbank Group Ltd.) and Chief Operating Officer for Industrial Development Corp. of South Africa Ltd. “My advice to people who change employers frequently is not to underestimate the investment you require to get to know people and how things work in a particular environment. She is a Fellow of the fourth class of the Africa Leadership Initiative-South Africa and a member of the Aspen Global Leadership Network. Bio; Real Name: Aditya Rai : Profession: Engineer in Merchant Navy: Physical Stats & More: Height (approx.) How Investec uses technology to improve business processes and improve user experience. Amrita Rai’s first husband Anand Pradhan a journalism educator and an Associate Professor at IIMC, New Delhi. Raisibe Morathi reveals what quality got her in the group CFO seat at Nedbank. She also acquired experience in the public sector on several assignments with the SA Government assigned by the IDC, including a role as an economic advisor to the then serving Deputy President in 2006-2007. 13 October 2020. “All companies will tell you the same, but the amount of effort that Nedbank has put in over the many years, investing in things like team cohesion, measuring happiness, unhappiness and entropy, and going the extra mile in addressing all those things, really makes a difference. Your name of Raisibe makes you very idealistic and generous, with the strong desire to uplift humanity leading you into situations where you can express your desire to serve others. We look back at the value that finance professionals found in gathering online to share and discuss challenges. I was somewhat fortunate in that I came into a business unit that was very stable. She made her Women's One Day International cricket (WODI) debut against India in the 2017 South Africa Quadrangular Series on 9 May 2017. She says that her portfolio includes finance and shared services. “After 18 months, I got into executive management. She arrived at Nedbank in a period of great upheaval. AgriPlus insurance also provides cover for death or impotence of registered livestock specified in the policy. So I started training. Mike Davis has been appointed as CFO designate with … “The banking sector was changing globally, and I had to arrive and lead from the top, which is not as easy as it would have been for someone coming from internal. She then shared a story to highlight what she meant: “I work hard, but believe that you’re not complete if you don’t focus on fitness as well. And if you ask people a question, it’s actually quite overwhelming how keen and open they are to sharing. Click here to download our rate card. Playing role Bowler. All rights reserved. (Reuters) - South Africa’s Nedbank Group said on Tuesday Raisibe Morathi has resigned as the chief financial officer (CFO) and executive director of Nedbank Group and Nedbank boards with effect from Sept. 30. Read the story behind how Abhishek Bachchan got to be the beauty queen's lucky husband! Currently, Raisibe Kgomaraga Morathi is Chief Financial Officer & Executive Director at Vodacom Group Ltd. CFOs share how they spend time away from the office, indulging some of their other passions. I knew I could do both because she had.”, Growing up in Polokwane, Raisibe completed high school in four years instead of five. Speaking at the same investor showcase, Nedbank Group Chief Financial Officer, Raisibe Morathi echoed Brown’s positive sentiments, pointing to Nedbank’s competitive market position as a solid foundation on which Nedbank would continue to grow before and after the Managed Separation. When you are young, you are impatient and you want to grow. My mother had a strong personality and she was a teacher, so she inspired us with education. Please don’t hesitate to contact me. Her attitude helped me when I was raising children and focusing on my career. Aishwarya Rai shares a strong bond with sister-in-law Shrima. Whether she's running Nedbank Group finance or a marathon, Raisibe Morathi gets the job done. Raisibe is a Chartered Accountant and holds additional qualifications in H Dip Tax and AMP (INSEAD). And Barry Curtin talks about how he got through his tough first year as Dimension Data CFO. Raisibe Ntozakhe’s teammates call her ‘Slice’ on account of her size – which is, well, small. Whether she's running Nedbank Group finance or a marathon, Raisibe Morathi gets the job done. Finance and HR community members share their takeaways from 2020 at the last Community Conversation. View the profiles of professionals named "Raisibe" on LinkedIn. “Losing your father when you are five years old is not a nice experience, but I didn’t grow up feeling that something was missing from my life.   She is a chartered accountant and has a certificate in advanced management from INSEAD of France and a higher diploma in taxation from Wits University. See the complete profile on LinkedIn and discover Raisibe Kgomaraga’s connections and jobs at similar companies. My sister persuaded me to get into running, and I was working my way up from five kilometres to 10 kilometres, when my daughter, who is a very good runner, decided she wanted to run the Two Oceans Marathon half-marathon with her father.”. “It wasn’t without complications, but we did it on budget and on time. The five South African "dragons" who will appear in Dragons' Den South Africa have finally been revealed. Copyright 2021 Africa Leadership Initiative. This was in November. She copes with all this change and turmoil with the same approach she did the Two Oceans half-marathon. She also worked on many projects on an ad hoc basis with government, and ended up becoming an economic advisor to Deputy President Phumzile Mlambo-Ngcuka between 2006 and 2007, as a secondment by the IDC while still retaining some of the responsibilities at the IDC. The annual CFO Awards recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership. info)), is an Iranian politician, Muslim cleric and the current Chief Justice of Iran, having been appointed on 7 March 2019. There are 300+ professionals named "Raisibe", who use LinkedIn to exchange information, ideas, and opportunities. After completing matric, she went on to the University of Venda – a choice driven by financial constraints. The Calgro M3 CFO encourages leadership to support those on their journey back to ‘normality’. Chief Financial Officer at Vodacom. CFO Day 2018 - The annual CFO Awards recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership. “In that initial period of my career, I moved around quite a bit, which I am not proud of. So I took a sabbatical for four months.”, She was then approached by Sanlam in 2008, where she was already a non-executive director, to join them. Last year, she’s had to deal with a massive project to unwind Nedbank’s post-retirement medical aid liability, involving actuaries, lawyers, accountants and the HR department, and overseen by two board sub-committees in the bank. With her parents, children and husband she cut her yellow and pink two-tier cake. And if in that conversation, you identify that you have a similar hobby, or attend the same church, or that you both like chocolate in the afternoon, that’s how you get to be part of an establishment.”, She adds that the people-centric Nedbank culture also helped to ease the transition. It is very consciously people orientated.” Raisibe Morathi was appointed to the role of Group Chief Financial Officer, effective November 1st, 2020. So she ended up with the children in Cape Town while he flew up and down to be with them. While her time at the IDC provided many opportunities for growth, the political complexities of dealing with government left Raisibe “seriously tired of anything to do with work. Don't miss out on an exceptional evening, book your table … The first issue of CFO Magazine in 2019 starts the year off with a bang. © 2011 - 2020 CFO Enterprises. If someone phoned with a job opportunity, I took it. Another big change that’s happened on her watch has been the evolution of 43 different IT systems running across finance, procurement and HR into one SAP system, in a project aptly titled “43 to 1”. She wakes up at 5am to go to the gym or run on the road. This article was originally published in the Q1 edition of CFO magazine, available this week in airport lounges countrywide. She describes her mother as “lovely”. And the CEO Mike Brown, who was just taking over in his role, was very supportive.”, She says that she approaches this integration by being humble and asking lots of questions. The Young Africa Leadership Initiative (YALI). Raisibe Morathi and other panellists shared their learnings from working through Covid-19. Andre has gone completely paperless, replacing documents and books with his iPad. Technical knowledge aside, fitting into an ecosystem requires a very deliberate effort. He was so clever, and I wanted to be just as clever. All Rights Reserved. Reach 45,000+ finance professionals today. To create world-class accounting firm recognized for the highest standards of integrity, professionalism and service excellence. in centimeters- 183 cm in meters- 1.83 m in feet inches- 6’ Weight (approx.) Raisibe - Detailed Meaning. She comes from a family of five girls, raised by a single mother after their father passed away. Now I have 1,100.”. Ever since then, we have built more and more of those – so many that I’ve actually lost count now. Aishwarya Rai's Wedding - A much talked about global affair. “It wasn’t working,” Raisibe says. “I just love it. 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