Capitec appoints Bulbulia as new director

Capitec Bank and Capitec have appointed Zunaid Bulbulia to their boards. “The appointment of Mr Bulbulia as an independent non-executive director will strengthen independent oversight on the board and further deepen the boards’ collective information technology, digital and data experience and expertise,” the companies said.

Bulbulia is a chartered accountant with experience in business operations management and information technology systems implementation.

He started his career at Arthur Andersen & Co. He joined MTN in 1995, fulfilling various roles, including chief financial officer and chief executive officer of MTN South Africa and chief operations executive of the MTN Group. Huge Group appointed him as their chief financial officer in 2017.


Retail group Woolworths has appointed Lwazi Bam as a non-executive director effective 1 May.

Woolworths appoints a new non-executive director

Retail group Woolworths has appointed Lwazi Bam as a non-executive director effective May 1.

“Lwazi’s appointment supplements the business leadership and corporate finance skills on the board and committees. He will also serve as a member on the risk, information and technology and audit committees of the group,” Woolworths said.

Bam has extensive expertise across various industries gained from his 29-year tenure at Deloitte. He served as CEO of Deloitte Africa and Deloitte Southern Africa for 10 years until May 2022 and remained a partner until September 30, 2022,” the company added.

He also served as a Deloitte Global executive committee member and Deloitte Global board. Bam is an experienced director, having served as the chairman of Zeda, a member of the Standard Bank board, and as a trustee of the Nelson Mandela Foundation.

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