Company Structure

CEO: Bassie Maisela
Executive Directors: Tony Mercer and Balan Chetty
Head of Regional Consulting and Africa: David Foo
Head of Client Accounts and Internal Support: Stella Oakes
Head of Administration: Jayna Pancham
Head of Professional Products: Andre Prinsloo
Head of Consulting and New Business: Godfrey Vatsha
Head of ICT: Seren Thomas
Head of Human Resources: Sydney Motsepe

Company Facts

Year founded: 1998
Founding member: TM Maisela
Employees: 450
Head Office: Braamfontein
South African Branches: Cape Town, Durban, Polokwane, Port Elizabeth, Richards Bay and Rosslyn
African Offices: Lesotho, Malawi, Namibia, Swaziland and Ghana
Memberships: Financial Intermediaries Association of SA, Approved S13B Administrator
Licensed Financial Services Provider (License no. 991), Registered Credit Provider, African Insurance Organisation

Business & Finance

Financial year-end: 31 March
Holding company: NBC Holdings (Pty) Ltd
Bank: Standard Bank of SA Ltd
Auditors: Pricewaterhouse Coopers Inc.
Key clients: Large industry-based retirement funds and retirement funds of many of South Africa’s blue-chip companies

Nature of Business

Employee Benefits
NBC is an independent black-owned and managed company which concentrates its business in the area of employee benefits and various employee benefits related products and services.