EX-MINISTER NDLANGAMANDLA IN PSPF BOARD

MBABANE – Former Minister of Information, Communication and Technology (ICT), Dumisani Ndlangamandla, has been entrusted with a significant responsibility.

Ndlangamandla, who has since bounced back to his teaching career at Ngwane Teachers College, has been appointed to the Public Service Pension Fund Board.

The former Ngudzeni Member of Parliament will be working along eight new members of the Board who were unveiled by the Minister of Public Service, Christian Ntshangase, yesterday.

The Board members include former Standard Bank Marketing Manager Sammy Dlamini, who has been appointed a Chairman. 
Other members are; President of the Swaziland Democratic Nurse Union Bheki Mamba, Celumusa Tembe, Hezekiel Mabuza, Rose Maseko, Celucolo Dino Dlamini, Bathandwa Hlatshwayo and Dumsile Ngwenya.

In his remarks, Minister Ntshangase paid tribute to the good work done by former Board of Trustees during their tenure.
The minister observed that the former Board of Trustees executed their duties with due diligence, dedication and in line with the highest corporate governance ethics.

He quoted corporate governance specialists, Dr Mervyn King, where he said “Good corporate governance is about ‘intellectual’ honesty and not just sticking to rules and regulations Capital flows towards companies that practise this type of good governance.”

Ntshangase said with the quote, he emphasised that the former Board of Trustees had a passion to build a strong and stable institution.
He reminded the newly appointed Board that the fund was a livelihood for many emaSwati. He reminded them of the need to handle the fund with great care, honesty, professionalism and integrity.

The minister encouraged harmony, synergy and desire to work towards a common goal of improving the quality of life of various stakeholders.
He registered his hope that the new Board would work towards elevating the fund to an even better position than the good one it was at now.
The minister said the Board would hold office for a period not exceeding three years as of yesterday.

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