It’s not final yet - Moola on SAA board post

Cape Town - It’s a positive sign that people such as Nazmeera Moola, economist at Investec Asset Management, was nominated to serve on the SAA board, said Ralph Mupita, CEO of Old Mutual Emerging markets.

“The potential new board members are wonderful. It’s a sign that things are moving in the right direction – that the board is attracting talent from the private sector.”

Mupita was part of a roundtable discussion hosted by the Association for Savings and Investment South Africa (Asisa) to discuss the importance of key institutions such as Treasury. Moola was part of the discussion group in her capacity as member of the Asisa’s Funding Growth Standing Committee.

Moola said in response to questions about her SAA board nomination that she had agreed to serve as a member, but that one or two issues needed to be cleared up.

“It’s not final yet,” she said to Fin24 on the sidelines of the discussion session, “but I think it’s good to get involved as these state institutions need to be strengthened.”

Leon Campher, Asisa CEO said jokingly that the Association would be willing to give Moola a regular supply of Valiums for the task that would await her as an SAA board member.

“But it’s a very good sign that people such as Nazmeera are nominated,” he added. 

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