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DBSA board announces new CEO

1 Aug 2012

The Board of the Development Bank of Southern Africa (DBSA) on Tuesday announced the appointment of Patrick Dlamini‚ as the CEO of the Bank.

Dlamini will take over the reigns from the acting-CEO‚ TP Nchocho in September 2012‚ following the resignation of Paul Baloyi in April 2012.

Prior to joining the DBSA‚ Dlamini held several senior management positions‚ including the Chief Executive Officer position at the Air Traffic and Navigation Service (ATNS)‚ an Executive Vice President position at SAA Cargo‚ and a Business Unit Executive position at Transnet Limited.

During his tenure at ATNS‚ he spearheaded a turned around strategy that transformed it (ATNS) from a state which was technically insolvent to a sound profitable position. Under his leadership‚ the ATNS became an efficient and a world-class service provider in the Aviation industry.

Dlamini holds a Bachelor of Commerce degree from the University of Westville and an Advanced Specialist Financial Management Programme from the Natal Technicon. He has also completed an Executive Development Programme and an Advanced Executive Programme through the Wits Business School and the Kellogg's School of Management‚ respectively.

He is about to complete his Masters of Business Administration (MBA) degree through the University of Wales.

Source: I-Net Bridge

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