MBABANE: David Myeni, the Chief Executive Officer(CEO) of the Sincemphetelo Motor Vehicle Accident Fund(SMVAF) has been appointed as Chairperson of the Center for Financial Inclusion Coordination Council, Government online platforms reported on Thursday.
Myeni was appointed by Finance Minister Neal Rijikernberg together with other corporate figures that include, Dumsani Msibi, Nomfanelo Kunene, Bukhosi Dlamini, Kate Mamba, Sydney Simelane, Sonia Paiva, Nomcebo Hadebe and Sithembile Mabuza.
It has been reported that among other things, the Council is expected to provide oversight and support on the implementation of the National Financial Inclusion Strategy and further ensure that the Centre complies with all relevant laws, regulations and codes of business practice to ensure that effective audit, risk management and compliance systems are in place.
The Council is also expected to review policies, processes and procedures regularly to ensure effectiveness of internal system controls as well as make recommendations on how Government can have more influence and deliver better on the financial inclusion mandate.
MVA Chief Executive Officer(CEO) David Myeni appointed Chairperson of the Centre for Financial Inclusion Coordinating Council.