Minister Mboweni holds an introductory meeting with new board of directors of the Independent Regulatory Board for Auditors
The Minister of Finance, Mr Tito Mboweni, is pleased to announce Mr Fulvio Tonelli as Chairperson and Ms Naidene Ford-Hoon as Deputy Chairperson of the Independent Regulatory Board for Auditors (IRBA).
Minister Mboweni met with the newly appointed members of the Board of Directors (BoD) of the IRBA on 11th June 2021 and thanked them for agreeing to serve on the Board. The new BoD were tasked with electing the new Chairperson and Deputy Chairperson at the meeting.
The Minister congratulated the Board Chairperson and Deputy Chairperson on their election and conveyed his and Cabinet’s full support to the new BoD. He wished them well in their roles as they strive to restore credibility of the institution and auditing profession. He reiterated the need for continued interaction between the BoD, Ministry of Finance and National Treasury.
The BoD immediate task is to initiate a process to elect and appoint the new CEO and to work with management to restore staff morale. The last 18 months were challenging, however, the staff remained focused and committed to achieving the objectives of the organisation.
The new BoD is expected to host induction and introduction meetings to familiarise themselves with the task at hand.
Minister Mboweni also expressed his sincere gratitude to the Caretaker Board comprising of Mrs Nonkululeko Gobodo and General Roy Andersen. “We are indebted to Mrs Gobodo and General Andersen for their hard work and patriotism over the past few months and overseeing the process to establish a stable and credible BoD for the auditing profession,” Minister Mboweni said.
Enquiries:
Ms Mashudu Masutha-Rammutle
Email: Mashudu.Masutha@treasury.gov.za
