MS JOSEPHINE TSELE

MS JOSEPHINE TSELE

Chief Risk Officer: Industrial Development Corporation (IDC)

Josephine Tsele has extensive risk management experience across multiple sectors and regions. She has worked for the Corporate and Investment Banking divisions of Standard Bank, Absa and Nedbank in senior roles that include Head: Country-Risk; GM: Global- Financial-Institutions; and has worked for the DBSA (International Division) as Divisional Executive-Risk Management, with responsibility for the Equity Partnership unit. At Standard Bank risk department Josephine had the primary responsibility for CIB’s South Africa portfolio, including the Durban and Cape Town regional offices; and lately as the Executive: Risk-Assurance, she had the mandate to carve out the operating structure and implementing a fit-for-purpose global assurance model for CIB. Josephine chaired CIB credit committees and was a voting member of all the Risk Committees and of CIB-SA Exco Standard.



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