Jongisa Magagula

Bachelor of Business Science (Finance Honours) from the University of Cape Town

Appointed to the board in May 2018

Jongisa Magagula began her career in the group financial reporting department of fast-moving consumer goods company, Unilever South Africa Home and Personal Care (Unilever). During her time at Unilever, she was seconded to auditing firm Ernst & Young as part of the internal audit team. In 2007, Jongisa joined Absa Capital and was seconded to Barclays Capital in London where she worked in the real estate group services team, originating commercial debt and structuring commercial debt securitisation products. She returned to Absa Capital and joined the mining and metals team responsible for mergers and acquisitions advisory, as well as financing and risk management solutions for mining clients. Jongisa joined ARM in 2009 as head of investor relations and was appointed as the ARM Executive Director of Investor Relations and New Business Development in 2019.

She is also a director of Ubuntu-Botho Investments (Eastern Cape) Pty Ltd and a trustee of Ubuntu-Botho Women’s Upliftment Trust.

Resigned – 31 July 2023