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Daniel Mminele
Independent Non-Executive Director
Appointed: May 2023
Qualifications: Associate Certificates of the Chartered Institute of Bankers (London) in association with City Polytechnic of London/Guildhall University, German Banking Diploma (Bankkaufmann) from Sparkasse Paderborn, the Chamber of Industry and Commerce in Bielefeld (Germany).
Expertise: Banking and financial services.
Experience: Climate finance, and banking and financial services.
Nationality: South African
Career history: Daniel was appointed to the boards of Nedbank Group Limited and Nedbank Limited as an Independent Non-executive Director on 1 May 2023, and as Independent Chairperson on 2 June 2023. He was Chair of Alexander Forbes Group Holdings Limited and Alexander Forbes Investments Limited, a former Chief Executive of Absa Group and Absa Bank Limited and served two 5-year terms as Deputy Governor of the South African Reserve Bank (SARB) where his responsibilities, during his 2nd term, included financial markets, international economic relations and policy, as well as the Human and Operations Cluster. His committee memberships included the Governors’ Executive Committee, the Monetary Policy Committee, Financial Stability Committee, Risk Management Committee and the Prudential Committee. Before joining SARB in September 1999, Daniel worked for African Merchant Bank and Commerzbank in South Africa, and WestLB in the United Kingdom and Germany for 12 years.
Daniel also served for most of 2022 as Head of the Presidential Climate Finance Task Team, where he led and coordinated the work to give effect to the Just Energy Transition Partnership, as well as the development of the Just Energy Transition Investment Plan, which was launched in November 2022.
Board committees: Member: Group Directors’ Affairs Committee and Group Climate Resilience Committee.