The interim board chairperson is Kenneth Brown.
Minister of Transport Barbara Creecy has announced the appointment of an interim board at the Road Accident Fund (RAF).
This is after the previous board was dissolved in July.
Creecy announced the changes in a media briefing on Friday, where she updated the country regarding the boards of directors of some SOEs under her department.
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“Yesterday, parliament approved the appointment of an interim board of the RAF for six months, or until a new permanent board is appointed, whichever comes first,” announced Creecy.
The board will be chaired by Kenneth Brown, who currently serves on the board of the Development Bank of Southern Africa (DBSA) and has worked for National Treasury for 20 years. Nonhlanhla Mabusela is the deputy.
“As we all remember, the previous board was dissolved in July due to its failure to act in the best interest of the entity and to fulfil its fiduciary duty,” said Creecy.
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“It therefore became urgent and necessary to close the governance vacuum in the RAF leadership, and it is for this reason that we ask Cabinet to approve the appointment of the interim board.”
