Appointment of Executive Director: Finance

03 August 2021 | VC Prof Mamokgethi Phakeng

Dear colleagues and students

I am thrilled to announce that Mr Vincent Mohau Motholo has been appointed as the new Executive Director: Finance for the University of Cape Town (UCT). He will take up the position on 1 October 2021.

Mr Motholo, a qualified chartered accountant and registered auditor, joins the university from the largest South African black-owned accounting and advisory firm, SizweNtsalubaGobodo Grant Thornton (SNG Grant Thornton) where he was partner and director in the assurance division.

Before joining SNG Grant Thornton, he worked as a senior lecturer in applied auditing at the University of South Africa (UNISA), where he also served on the Executive Committee for the College of Accounting Sciences. During his time at UNISA he received multiple awards, including the College of Accounting Sciences Award of Excellence for Teaching and Learning and the College of Economic and Management Sciences Dean’s Award for Quality Assurance in 2014, and the College of Economic and Management Sciences Dean’s Award for Outstanding Contribution to Teaching and Learning Objectives in 2013.

Not new to the South African higher education environment, Mr Motholo also has extensive experience as an audit partner in this field with clients including the University of Johannesburg, University of Limpopo and Central University of Technology. He has also worked with the University of the Witwatersrand.

He is currently the chairperson of the South African Institute of Chartered Accountants (SAICA) and has served on its Audit and Risk Committee as an independent non-board member. He has also served on various other committees, including the Banking Sector Training Authority’s Independent Finance and Remuneration Committee, the South African State Theatre’s Audit and Risk Committee and the Independent Police and Investigative Directorate’s Risk Committee where he was chairperson.

Mr Motholo holds a Bachelor of Commerce in Accounting Sciences from the University of Pretoria as well as a Bachelor of Commerce Honours in Accounting and a Certificate in the Theory of Accounting from the University of KwaZulu-Natal. He completed the Business and Management Development programme at the University of Pretoria’s Gordon Institute of Business Science.

He has co-authored a textbook and two question books: Auditing Fundamentals in South African Context (1st and 2nd Edition), Applied Questions on Auditing (7th Edition) and Auditing Fundamentals in South African Context: Graded Questions.

With the aim of becoming a renowned expert in the fields of governance, leadership and finance and willingness to be a mentor to others by supporting their development and providing opportunities for professional growth and learning, we believe that Mr Motholo is the perfect person to lead our capable and growing finance team.

We congratulate him and look forward to welcoming him to UCT. He will take over from Mr Hardy Maritz, who has held the fort since the resignation of Mr Ashley Francis in August 2020. We thank Mr Maritz for his contribution during this time.

Sincerely

Professor Mamokgethi Phakeng
Vice-Chancellor


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