Futhi Mtoba is Chairperson of the Board, Deloitte South Africa.
She is a CA (SA), holding a Higher Diploma in Banking Law (Rand Afrikaans University); B Compt (Hons) (University of South Africa); BA (Econ) (Hons) (University of South Africa); BA (Econ) (University of Botswana and Swaziland).
Futhi joined Deloitte South Africa in 1988 and rose up the ranks to become the first African black woman to be appointed as a Partner by one of the top four accounting firms in South Africa.
Futhi Mtoba is Chairperson of the Board, Deloitte South Africa.
She is a CA (SA), holding a Higher Diploma in Banking Law (Rand Afrikaans University); B Compt (Hons) (University of South Africa); BA (Econ) (Hons) (University of South Africa); BA (Econ) (University of Botswana and Swaziland).
Futhi joined Deloitte South Africa in 1988 and rose up the ranks to become the first African black woman to be appointed as a Partner by one of the top four accounting firms in South Africa.
Her experience includes managing the audits of large corporate treasuries, local and international financial institutions, including the treasury of a large parastatal organisation.
Futhi is the first woman National President of the Association for the Advancement of Accountants in Southern Africa (ABASA) and the past Chairman of the Johannesburg Branch of ABASA.
She is a past board member of the South African Institute of Chartered Accountants (SAICA) and is further involved in the transformation of SAICA as a Board member of Thuthuka.
She is also one of the four Vice Presidents of Business Unity South Africa (BUSA). She previously led the Black Business Council Economic Research Unit and was also a member of the Black Business Council Presidential Working Group, which provided policy input to government’s macro-economic framework.
Futhi serves as Director and Chairman of the Investment Committee of the Public Investment Corporation (PIC) with assets under management of R400 billion (US$60 billion). The Public Investment Corporation (PIC) is a non-banking financial intermediary responsible for the investment of social security and trust funds, but more particularly, for the investment of public sector pension and provident funds.
She is an adjudicator to the Financial Services Charter and was a member of the financial sector working group that was responsible for the formulation of the Financial Sector Transformation Charter which provides a framework and establishes the principles upon which Black Economic Empowerment will be implemented in the financial services sector - a milestone in South African history.
She is a member of the NEPAD Business Group, which works with the NEPAD Secretariat to develop effective public-private partnerships to support the New Partnership and is also a past Convenor of the East Central Southern African Federation of Accountants (ECSAFA) NEPAD Committee.
She is a Trustee of the WDB Trust which is a woman-centred socio-economic development programme targeting poor women by building their capacities through access to reliable financial services, appropriate business skills and technical support as well as information and communication technology training.
She was honoured as “2004 Business Women of the Year” by the Businesswomen’s Association and Nedbank and she was honoured as the 2005 OWIT (Organisation of Women in International Trade) International Woman of the Year.
Despite holding these important positions in the South African professional and regulatory environments, she can count her life’s passions on one hand: her two children aged 15 and 10, her husband Mbulelo who is a medical doctor at Chris Hani Baragwanath Hospital in Johannesburg, the advancement of black people in the accounting profession, and the importance of corporate governance and ethics in South African and global business.
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