Mr Mcebisi Jonas was appointed as a non-executive director to the board of Sygnia with effect from 1 September 2018, the company says in a SENS announcement today.
Jonas (58) holds a Bachelor of Arts degree in History & Sociology from Vista University and a Higher Diploma in Education from Rhodes University. He is a former Deputy Finance Minister of the Government of South Africa, a position he held between 2014 and 2017. Prior to his appointment to national government, Jonas played key leadership roles in managing of the Eastern Cape where he served as a provincial MEC of Finance, as well as MEC of Economic Development, Environmental Affairs and Tourism.
He has also served as Chief Executive Officer of the Eastern Cape Development Corporation and Chief Executive Officer of the Centre for Investment and Marketing in the Eastern Cape, developing the investment promotion agenda for the province.
He is also the former chairperson and non-executive director of the Public Investment Corporation. Since June 2018 Jonas has served as an independent, non-executive director of the MTN Group Limited. He is currently one of four independent Presidential Investment Envoys, appointed by President Cyril Ramaphosa to promote foreign investment in South Africa.