• Editor

Kone Gugushe's meteoric rise continues with new Land Bank responsibility

Kone Gugushe, Chief Risk Officer of the Land Bank, has been appointed acting Chief Financial Officer of the organisation, with immediate effect.

Born and raised in the Eastern Cape - she matriculated at only 15 - Kone attended Fort Hare University and Rhodes University, graduating from the latter with a B.Com in Accounting. She has also completed various post-graduate training programmes through, among others, the Gordon Institute of Business Science.

Kone qualified as a Chartered Accountant in 2001 and joined Standard Bank as a Credit Manager that year, where she was responsible for assessing, managing and monitoring credit risk for some of the bank's top listed and unlisted clients.

In 2003, she moved to JP Morgan, serving as an Associate Equity Analyst in the financial services team.

Having gained valuable experience in the analysis of banks and micro lenders, she joined Nedbank in 2007, where she held various senior positions, including Senior Portfolio Manager: Group Credit Risk Monitoring and Divisional Executive: Corporate Social Responsibility. She was twice awarded the Nedbank Achiever's Award - in 2009 and 2011 respectively - and was nominated for the CEO Achiever Award in 2013.

She served on the Board of the African Women Chartered Accountants Forum (AWCA) for six years, an organisation that focuses on the development and mentoring of both aspirant and qualified black female chartered accountants. The organisation subsequently honoured her with a special award for her dedication to community upliftment and development.

Kone joined the Land Bank in September 2015 as its Banking Risk Management Executive.

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