Ramaphosa appoints former Absa CEO as climate task team boss

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President Cyril Ramaphosa has appointed former Reserve Bank deputy and Absa CEO Daniel Mminele as head of the newly established Presidential Climate Finance Task Team.

In this role, Mminele will lead South Africa’s efforts to mobilise finance for a ‘just transition’, the presidency said in a statement on Tuesday .

The Presidential Climate Finance Task Team, led by Mminele together with the asset and liability division from National Treasury, will be responsible for: Overseeing the development of relevant financing mechanisms and facilities to enable the flow of international climate finance to support South Africa’s just transition in the electricity, electric vehicles and green hydrogen sectors.

 

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