ABSIP elects new National Executive Committee

ABSIP elects new National Executive Committee

The Association of Black Securities and Investment Professionals (ABSIP) held its annual general meeting on Wednesday 27 May 2020. The AGM serves as an opportunity for the executive team to provide feedback to members on the activities and financial standing of the organisation. Coming at the end of the executive team’s term of office, the 2020 AGM also saw a transition from the leadership of President Sibongiseni Mbatha; to the newly elected National Executive Committee, with Polo Leteka Radebe at the helm.

In his final address as President, Mr Mbatha articulated the major milestones that ABSIP has reached in recent years. The growth in student chapters from 9 to 16, is an important illustration of ABSIP’s commitment to reaching out to its members especially at the grassroots level. The growth in the Young Professionals network and the ABSIP Women in Focus, is testament to the commitment of ABSIP to address the various transformational issues across all its constituencies.

ABSIP also contributed immensely to financial sector policy, legislation and regulation over the last four years. The participation in the Financial Sector Transformation Council was elevated, and partnerships and solidarity with key stakeholders were enhanced.

The newly elected Exco are all loyal ABSIP supporters who have served the organisation in numerous capacities in the past, either at national or provincial level, or through the Young Professional and Student Chapters. Their full profiles are available at www.absip.co.za


Polo Leteka Radebe is the Chairman and Founder of IDF Capital and is a highly accomplished and experienced entrepreneur and private equity investor. She previously served ABSIP as Deputy President.


Langa Madonko is a Co-Founder of Summit Africa, a Niche Alternative Investment Manager.
He is a past participant of the ABSIP Blackrock Private Equity Education Program and former member of the ABSIP YP Exco.


Kelly de Kock is the Chief Operating Officer of Old Mutual Wealth Trust Company. She was a member of the ABSIP Western Cape Provincial Exco for 5 years, most recently holding the position of Provincial Chairperson.


Thabiso Ratshefola is the Head of Derivative Sales & Strategy at Constellation Capital.He is one of the pioneering members of the ABSIP Young Professional Chapter and has served in the ABSIP Young Professionals Executive Subcommittee since 2016.


Khaya Sithole is a graduate of UKZN and Oxford University. He is a writer, accountant, academic and activist. He previously served as the interim CFO of Tshikululu Social Investments and has been assisting the previous ABSIP NEC with the finances of the organisation.


Prudence Makololo is an Investment Manager at Liberty Corporate. She has been a member of ABSIP for 10 years, beginning her early years of university as Chairperson of Wits ABSIP Student Chapter and helping to grow the student chapter to where it is now.