Communication Minister Dina Pule has appointed non-executive members to the board of Postbank.
“The board has the immediate task of completing the corporatisation of the Postbank and appointing a managing director for the bank,” she said in a statement on Monday.
“The board will have to expedite a process of ensuring that the bank is able to secure a banking licence.”
All seven board members, who were approved by Cabinet, were given three-year contracts, effective from August 1.
“We are moving with speed to ensure that we bring all citizens into the mainstream of the economy,” said Pule.
She also appointed a new board at the Universal Service and Access Agency of SA (Usaasa).
This board was tasked with appointing a new chief executive for Usaasa and focusing the agency on its goal of ensuring that every citizen has access to information and communication technology.
The department said Pule was satisfied that the skills, experience and track record of all the board members would help the two state-owned companies deliver on their mandates.
On the board of Postbank are: Mapula Modipa, Gillian Nonhlanhla Jiyane, Venete Klein, Mandla Mdluli, Boitumelo Matthews, Thabo Mosala, and Neo Lesela.
On the board of Usaasa are: Phumla Radebe (chair), Angie Maseko (deputy chair), Charlotte Mampane, Sam Ledwaba, Raj Lalbahadur, Seadimo Chaba, Maxwell Nonge, Kenosi Moroka and Lerato Ndoro.