Governance & team members

The ASISA Foundation is established as a trust guided by a Board of Trustees. The trust is a broad-based ownership scheme (B-BOS) as defined by the codes of Good Practice on Broad-Based Black Economic Empowerment (B-BBEE) gazetted under the B-BBEE Act, where at least 85% of its activities benefits black South Africans, and 40% benefits black women.

Governance structure

The Foundation is optimally structured and operates strategically to comply with relevant legislation. This enables the Foundation to achieve its objectives of fostering the future of South African society through financial education.

The Foundation’s programmes are recognised as both consumer financial education (CFE) and socio-economic development (SED) in terms of the Amended Financial Sector Code (FSC) FS500 and GN 500 . The ASISA Foundation is a registered NPO (non-profit organisation) and PBO (public benefit organisation).

ASISA Foundation – Trust Deed

The ASISA Foundation's Trust Deed can be made available in any official language. Send your request to


ASISA Foundation Privacy Policy 

The ASISA Foundation's Privacy Policy can be accessed here


Board of Trustees 

The members of the Board of Trustees represent various constituency groups, including ASISA members, and independent trustees. Independent trustees include individuals from the financial sector, Government, organised labour and communities.

The Board will always consist of at least 50% black trustees; at least 25% black females and at least 50% independent trustees having no employment with, or direct or indirect beneficial interest in the Trust. The chairperson is an independent trustee.



Board of Trustees

Isaac Ramputa

Chairperson (Financial Sector Business)

Ingrid Goodspeed

Deputy chairperson (Independent)

Tebello Radebe

Organised Community Financial Sector Coalition Commission (Independent)

Vuyela Killy Bacela


Seipati Nekhondela

National Consumer Education Committee (Independent)

Rodger Walters

Chief Financial Officer


Ruth Benjamin-Swales


John Maniyeka

Consumer Financial Education Standing Committee



Transformation, Skills Development and Education Board Committee


Foundation Team

Ruth Benjamin-Swales


Koovi Moodley


Janete Nel

Senior policy advisor

Ivor Msimang

Project manager

Francois Adriaan

Senior policy advisor

Trevor Chandler

Senior policy advisor

Lee Coller

Chief accountant

Siza Mngadi

Office Assistant

Nasleen Williams


ASISA Foundation