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EY/GIBS Breakfast: The Role of Financial Services in moving South Africa to NetZero

​EY South Africa and GIBS are proud to bring thought-leaders and industry experts together to discuss the impact of the role of the Financial Services in moving South Africa to NetZero.

Join this event to understand:

  • Strategy: The key strategic decisions your business and leaders must be considering with regard to strategy, technology and people on the road to NetZero.
  • Technology: Considerations to innovate around and support data management for both financial and non-financial reporting.
  • People: The multi-disciplinary delivery model, challenged by new ways of working and retention around organisational purpose.
This is a huge undertaking requiring a systematic approach to sustainability and decarbonisation, guided by a strong understanding of the risks and opportunities and deliberate consideration to require, organsisation specific, internal data points and comprehensive data collection mechanisms which are needed to enable organisations to harness data driven insights to better inform executive decisions that will drive a more sustainable tomorrow. Importantly, this is underpinned by the necessity for technologies to ingest, transform, summarise and present the underlying data in real time and in a manner that is understandable and useful for key stakeholders.

As accountants, we need to completely change the way that we look at our clients’ businesses; and how the data is being processed and reported. As such, we play a pivotal role in ensuring the integrity of the data; working with CFOs and Digital Innovation and Technology Leaders on appropriate data integration, interpretation and implementation for sound financial and non-financial reporting; whilst challenging them on the legitimacy of their green and blue programmes.

Join this insightful panel discussion where EY, GIBS and FS sector experts will discuss:

  • The role of the financial sector in delivering on the Net Zero goals. 
  • The challenges that the financial sector needs to address in data management and technology to support trusted reporting. 
  • The ways in which accountants should and will be working alongside the financial sector to facilitate these changes while challenging businesses in how they are meeting ESG requirements. 
  • The current digital and innovation tools for data input, management, dashboarding, interpretation and reporting currently available, and being developed with a future outlook on what is coming. 
  • The shift in the role of the accountant and auditor: The mindset, behaviour and competency shift required to support this.

Who should attend this event:

  • CA (SA)s,
  • Assurance Specialists
  • Financial Services Auditors and Audit Partners
  • Financial Directors
  • Chief Financial Officers
  • Sustainability Officers

Panelists confirmed to date:

Facilitator: Andile Khumalo CA (SA), Entrepreneur
Andile Khumalo is a seasoned entrepreneur and Chartered Accountant (SA) with over 20 years of finance & business experience. He is the Founder & CEO of KhumaloCo, an investment firm with interests in Technology, Media, Marketing, Hospitality & Property. He serves as Chairman of portfolio companies Ince, Brave Group, Immersion Group, and Quizzical Pictures, as well as Co-Founder of the Sanlam Gauge, an annual research study of sectoral performance of the South African economy on Broad-Based Black Economic Empowerment. Andile is the Founder & Chairman of I AM AN ENTREPRENEUR, a skills development firm that manages Enterprise & Supplier Development (ESD) programmes on behalf of South African corporates and helps entrepreneurs build & grow their businesses. Andile also serves as Non-Executive Director of JSE-listed Metrofile Holdings,  Non-Executive Director of Airports Company South Africa SOC Limited; and a board member of NPO Mentor-A-Boy-Child. He regularly writes and speaks on entrepreneurship, leadership and doing business in South Africa.

Clémence McNulty: EY Africa Climate Change & Sustainability Leader
Connect with Clémence: Clémence McNulty (
Clémence is the EY Sustainability and Climate Change Africa Leader supporting clients to navigate the dynamic sustainability, ESG (environmental/ social/ governance) and climate change landscape.

She is experienced across a wide range of sectors, and adept at planning for regulatory, stakeholder and technical driven changes to business models to improve shared value creation and optimise ESG performance. Clémence leverages a multi-disciplinary approach to problem solving, especially to address interlinked ESG challenges, and to drive change. From France originally, she has lived in South Africa for over a decade and love the energy of its people. She previously coordinated Sustainability and Climate Change services in Africa for a dedicated sustainability consultancy, and started her career as a Strategy consultant. Together with her team,Clémence helps companies to seize the sustainability opportunity and innovate to create financial, consumer, human and societal long-term value for all stakeholders which is essential to deliver a more sustainable future, and a better working world for all. She holds an Msc Environmental Change Management from Oxford University and a Bsc(Hon) Business Administration from the University of Bath.

Amé Thwaits: EY Africa Assurance Innovation & Digital Leader
Amé is the EY Africa Innovation and Digital Leader in Assurance heading a division of 50+ people. She is a registered auditor (IRBA), signing audit opinions of various significant subsidiaries of listed entities. She has over 14 years of mining and financial services industry experience and SEC (PCAOB) and JSE experience. Over the years, Amé has worked in collaboration with several global digital and innovation leaders, regulators and professional bodies to create new opportunities to use data analytics to improve audit quality and effectiveness, demonstrating the power of data to clients to enhance decision making. In 2019, she launched the analytics training program that was designed specifically for audit trainees in collaboration with SAICA. This program enhanced the analytic skills set for a selected group of trainees to accelerate the #betteraudits journey. Amé holds a BCom Accounting from North-West University and CTA (UNISA) and is a CA (SA) (SAICA) and a Registered Auditor (IRBA).

Monica Rubombora: EY  Africa People Advisory Services Partner
Monica Rubombora is a Partner in EY-People Advisory Business. She has almost two decades of extensive work experience in the banking, insurance, government, management consulting and technology industries. She has been on both sides of the aisle; she was a Deputy Director General in the government civil service, leading a team of almost 200 government officials to manage and operate the largest Government Procurement Shared Service Agency in South Africa.
She was a Managing Director in the Public Sector business of Accenture, South Africa, one of the world’s largest global technology and management consulting firms. During this period, she worked with clients in South Africa, Botswana, Nigeria, Kenya, and the Asia-Pacific region. Previously, she ran her own business and technology consulting company with the government as one of the anchor clients. She has partnered with big and small companies to bid for, win and deliver large-scale technology-led transformation projects.
Monica is also a best-selling author that writes because she loves to share her knowledge with the world, inspiring hope and a way forward, one person at a time. She is an influential voice on leadership, mentorship, entrepreneurship, government, and mindset change.

Thomas Kgokolo: CA (SA) MBA, GIBS Faculty
Thomas Kgokolo CA (SA), assumed the position of Interim Chief Executive Officer of the South African Airways SoC from April 2021 and was responsible for transitioning the airline out of business rescue. Currently, he is the CEO of Finequity Pty Ltd, a company responsible for business turnarounds and finance strategies of business.  

Mr. Kgokolo has extensive senior management experience, having been CEO at both Air Traffic Navigation Services and South African Airways.  He has more than 10 years’ experience at a Non-Executive Director level. He is a qualified Chartered Accountant and holds a Master of Business Administration (MBA) degree from the Gordon Institute of Business Science (GIBS), where he is also an award-winning lecturer in finance and strategy. He is currently studying towards his P.hD in business turnarounds strategies.  

Mr. Kgokolo, is the recipient of several prestigious awards, including, attaining the Top MBA student in Leadership and Accountability Award in 2017 and more noteworthy he was honoured with the Emerging Leader Award by the University of South Africa’s School of Business Leadership in 2018. In 2021, he was awarded top public sector CEO by ABASA.  

He was previously Chief Financial Officer at the Competition Commission of South Africa.  Some of his current roles is that of Board Chair at Mineworkers Provident Fund and Non-Executive Director at Sizwe-Hosmed Medical Fund. 

**More speakers/panellists will be confirmed shortly.
Date: Thursday, 20 July 2023
Time: 08:30 – 10h30
Venue: GIBS Campus, 26 Melville Road, Illovo
Cost: Free

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