Appointed: August 2016

Qualifications: BCom.

Expertise in retail and investment banking and other financial services, macroeconomic and public policy, business strategy and strategic planning, stakeholder management, human resources and marketing.

Experience in regulatory affairs, doing business in emerging economies, corporate governance and stakeholder management, and banking and financial services.

Nationality: South African

Errol joined the board as an independent non-executive director on 1 August 2016. From September 2003 to July 2011, he was the Registrar of Banks (now known as the chief executive officer of the Prudential Authority) at SARB, having been with SARB since July 1978. As the Registrar of Banks, Errol represented SA as a full member of the Basel Committee on Banking Supervision from 2009 to 2011, and he successfully project-managed early adoption and full implementation of both the revised 25 Basel Core Principles for Effective Banking Supervision and Basel II. Errol was appointed as the managing director of supervision and authorisation at the Qatar Financial Centre Regulatory Authority on 1 August 2011, whereafter he was also appointed by the board of the Qatar Central Bank to serve on Qatar’s Financial Stability and Risk Control Committee. He relinquished his role at the Qatar Financial Centre Regulatory Authority on 31 July 2016. Errol also serves as a non-executive director of Capital Appreciation Limited, Bank Islam Brunei Darussalam Berhad (BIBD) and is the chairperson of the board of directors of Nedbank Private Wealth Limited (Isle of Man).

Board committees:

Chairperson: Group Credit Committee, Large-exposures Approval Committee and Group Risk and Capital Management Committee.

Member: Group Audit Committee and Group Directors’ Affairs Committee.