Nonkululeko Nyembezi-Heita facts for kids
Quick facts for kids
Nonkululeko Nyembezi
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Speaking at the 2023 World Economic Forum
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| Born | 22 March 1960 Pietermaritzburg, South Africa
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| Alma mater | University of Manchester Institute of Science and Technology (Bachelor of Science in Electrical Engineering) California Institute of Technology (Master of Science in Electrical Engineering) Open University Business School (Master of Business Administration) |
| Occupation | Engineer, Businesswoman & Corporate Executive |
| Years active | 1980 — present |
| Title | Chairperson of Standard Bank Group and Standard Bank of South Africa. |
Nonkululeko Nyembezi, also known as Nku, is a very successful South African engineer and businesswoman. She was born on March 22, 1960.
She is known for her important roles in big companies. On June 1, 2022, she became the Chairperson of the Standard Bank Group and Standard Bank of South Africa. This means she leads the board of directors for one of Africa's largest banks.
Before this, she worked in different industries like steel, telecommunications, and finance. She was also the Chief Executive Officer (CEO) of IchorCoal N.V., a mining company in the Netherlands, starting in March 2014.
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Early Life and Education
Nonkululeko Nyembezi was born in Pietermaritzburg, South Africa. Her father, Aubrey, was a lawyer, and her mother, Debiya, was a nurse. She has an older brother named Manqoba and a younger sister named Nontando.
She grew up in a Methodist family. She went to primary school in Clermont, KwaZulu-Natal. Later, she attended Inanda Seminary School near Durban for her high school education.
Academic Achievements
Nonkululeko was an excellent student, especially in science and math. She was the top student in South Africa during her Junior Certificate year. After finishing high school, she received a special scholarship from the Anglo American Corporation.
She went on to study electrical engineering at the University of Manchester Institute of Science and Technology. She earned a Bachelor of Science degree there. She then continued her studies at the California Institute of Technology, where she received a Master of Science degree in electrical engineering. Later, she also earned a Master of Business Administration (MBA) from the Open University Business School.
Currently, she is the Chancellor of the Durban University of Technology. This is an important leadership role at a university.
Career Journey
Nonkululeko Nyembezi has had a long and impressive career. She started working at IBM in the United States and South Africa from 1986 to 1998. After that, she joined Alliance Capital Management, where she led their financial services.
Leadership Roles
In 2008, she became an executive director at ArcelorMittal South Africa, a large steel company. She worked there for six years. In March 2014, she became the CEO of IchorCoal, a Dutch mining group.
She has also served on the boards of directors for many other companies. This means she helped guide and make decisions for these businesses.
Recognitions
In 2012, Nonkululeko Nyembezi was recognized by Forbes magazine. She was listed as 97th on their list of "The World's 100 Most Powerful Women." This shows how influential and successful she has become in the business world.
