Top woman banker to give Ithala a fresh start
ITHALA Development Finance Corporation has appointed a leading woman banker, Yvonne Zwane, as its group chief executive.
Zwane becomes the first woman CEO in the corporationâ€™s 51-year history.
Zwane has worked as CEO of national government business at FNB. Before this, she was FNBâ€™s provincial director, managing the public sector banking portfolio, operating with a R20 billion budget and driving FNBâ€™s banking strategy in KwaZulu-Natal. She holds a Masterâ€™s in business leadership (MBL), a BComm accounting and a university educational diploma.
Ithala Group chairman Mandla Gantsho said the corporation was poised to rise again under her leadership. Economic Development MEC Mike Mabuyakhulu said her appointment put Ithala in a good position.
â€œI am looking forward to exploring the opportunities which will bring financial sustainability and development for the province