Elias
Masilela

Chairman of MultiChoice Group & DNA Economics, Former PIC CEO

Managing Director of BuMa Investment Holdings & Chairman of DNA Economics.

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Elias Masilela Portrait
Elias Masilela · Chairman of MultiChoice Group & DNA Economics, Former PIC CEO

Biography

ProfessionalBiography

“Sustainable economic structures are constructed when the private sector actively transitions from complaining to co-creating solutions.”

Elias Masilela is an MD of Family Investment business, BuMa Investment Holdings. Chairman of DNA Economics, Sanlam, Capital Harvest, Economic Research Southern Africa (ERSA) as well as National Task Force on Impact Investing in South Africa. Convenor of Family Foundation, Number 43 Trelawney Park; kwaMagogo. Member of the boards of Multichoice Group, Multichoice SA, Alternative Prosperity Holdings, Future Planet Capital in London, Strate, CA Sales as well as Global Steering Group (GSG) on Impact Investing.

Previously, Commissioner of the 1st & 2nd National Planning Commission, CEO of the PIC, Head of Policy Analysis at Sanlam, Act. Dep. Director General Economic Policy in the National Treasury, Director of Research, Central Bank of Swaziland. He was also a member of the Boards of the South African Reserve Bank, Government Employee Pension Fund, Airports Company SA as well as the UN Global Compact Board & Chairman of the (UNGC) SA Local Network. Until recently, Chairman of Absa Asset Management and member of the Avior Capital Markets, Absa Financial Services, Eskom Pension and Provident Fund as well as the V&A Waterfront. Elias holds a BA Degree Social Science with the University of Swaziland, MSc in Economic Policy and Analysis with Addis Ababa University as well as several professional certificates with Harvard University.

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Media Coverage

MediaCoverage

MultiChoice names former PIC head as chair from 2024

MultiChoice names former PIC head as chair from 2024

News24 · 2023-09-11

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Big shake-up at MultiChoice

Big shake-up at MultiChoice

BusinessTech · 2023-10-11

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Elias Masilela: private sector should ‘stop bickering’ and become part of the solution

Elias Masilela: private sector should ‘stop bickering’ and become part of the solution

Daily Maverick · 2019-08-21

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