Sibongiseni MbathaPresident


Sibongiseni is Senior Business Support Manager at the Industrial Development Corporation (IDC). He joined the IDC in 2007 and leads a management consulting team that is responsible for providing nonfinancial support to small, medium and large enterprises being funded by IDC. He has served in the Employment Equity (EE) Forum of the IDC, which advocates for transformation and equity, influences the Corporation’s EE plan and monitors its implementation in line with the Employment Equity Act.

Before joining the IDC, Sibongiseni worked as a management consultant when he ran his own management consultancy (Africa Strategy and Empowerment Consulting), where he was primarily responsible for providing management and strategy consulting services to small, medium and micro enterprises. This was after full-time employment at Business Banking divisions of Standard Bank and ABSA.

He serves as Chairperson of the Advisory Board of Isivande Women’s Fund, a Niche Fund capitalised by the Department of Trade & Industry (dti) and managed through the IDC. The Fund’s mandate is to provide funding to businesses owned by historically disadvantaged persons, particularly women. Sibongiseni also sits on the National Council of the Black Business Council and serves on the Financial Sector Charter Council. He is a Judge of Imbasa Yegolide Awards, accolades for professional excellence in the Retirement Fund Industry.


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+27 10 203 9015
First Floor 54 Bath Avenue Rosebank 2196

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