In order to ensure suitable composition of the Board of Directors at all times, its structure, size and composition are periodically reviewed. In a meeting held in November 2018, the Board of Directors of the South African Actuaries Development Programme reached a consensus to elect Mrs S'onqoba Vuba as the new Chairperson. Having served on the SAADP Board since 2013, Vuba is taking over the reigns from Mr Cedric Masondo - Managing Director of Sasria SOC Ltd. Masondo has served as the Chairman of the SAADP Board since 2012.
Mrs Vuba is a proud graduate of the University of the Witwatersrand, Johannesburg (Wits); holding a BSc. in Mathematical Sciences and an Honours degree in Actuarial Science – having completed a research paper titled “Funding options for a South African National Health Insurance System.”
While at Wits University, Vuba was invited to become a lifetime member of the Golden Key International Honours Society that recognises the top 15% of academic achievers in universities in South Africa and the rest of the world.
Vuba worked as the Chief Operations Officer of a black-owned start-up Investment Holdings company called Lante Investment Holdings; co-ordinating the operations and strategic direction of the company, while also being the editor of the company’s inaugural magazine. S’onqoba was an independent member of the South African Market Research Association until October 2015.
In her career in Corporate South Africa, she progressed from an Actuarial Analyst role on the First National Bank (FNB) Graduate Programme to Brand Insights Manager for FNB Brand Management, while being actively involved in the company’s Graduate Recruitment and Girl Child Empowerment Initiatives. S’onqoba then worked as the Executive Assistant to the FirstRand Limited Group CEO, Mr. Sizwe Nxasana between 2013 and 2015.
In addition to being the Chairperson of SAADP Board, Vuba plays multiple roles in the Corporate South Africa including but not limited to being:
1. Chairman of the Board - FutureProofSA
2. Commissioner - Presidential Commission on the Fourth Industrial Revolution
3. Chief Operations Officer - 10X Entrepreneur
4. Co-Founder & Managing Director - Perpetu8
The Board, management and staff of SAADP is proud to have Mrs Vuba at a strategic position to influence the strategic direction of the Company.