Peter Mageza: Executive Director (FCCA)

A chartered accountant by training and a Fellow of the Association of Certified Chartered Accountants, Peter’s career commenced in 1988 when he joined Coopers & Lybrand Chartered Accountants (SA).

After working as audit manager within Transnet Limited’s Group Internal Audit Services, in 1993, he moved into general management at Autonet, the road passenger and freight logistics division of Transnet Limited. He held various positions at Autonet, ranging from executive manager of, Tours Express, General Manager of Passenger Businesses and became Chief Executive Officer of Autonet in 1995. In 1998, he entered the financial services sector and joined Nedcor’s Technology and Operations Process Management division.

Peter moved to the Absa Group in 2000 where he filled a number of executive roles. He became Managing Executive of Bankfin (now known as Absa Vehicle and Asset Finance) in 2001. Two years later he was appointed Executive Director responsible for Wealth Management. From 2004, he was responsible for the Absa African portfolio, which included banks in Tanzania, Mozambique, Namibia, Zimbabwe and Angola. During this period, he also headed Absa Vehicle and Asset Finance (AVAF).

During his tenure at Absa, Peter served as an Executive Director on the boards of the Absa Group and Absa Bank respectively and became the Group’s Chief Operations Officer (COO) in September 2007.

Peter left Absa in June 2009 and currently heads up Ntamele Investment Company and is a full time executive of Songhai Capital. He also serves on the boards of Eqstra, Sappi, Remgro, MTN, ,Ethos Capital and RCL Group, Anglo American Platinum.