The Financial Sector Conduct Authority (FSCA) issued a press release announcing that a new Acting Ombud for Financial Services Providers (FAIS Ombud) has been appointed, namely Ms. Thobile Prudence Masina.
Ms. Masina served as assistant Ombud since October 2017. She replaces Adv Nonku Tshombe, who acted in the position since 1 December 2019. Her appointment is for a period of three (3) months from 13 September 2022, or until a new Ombud is appointed and assumes duty, whichever occurs earlier. Subject to the appointment processes currently under way, it is anticipated that the new FAIS Ombud will assume office no later than 1 November 2022.
We are excited to share that Ms. Masina will be joining us at the Masthead MasterClass event on 4 November 2022 in Johannesburg. Details for the event will be communicated during October 2022.