Terence Mncedisi Nombembe (born 30 September 1961 in

Qumbu Qumbu is a town in O.R.Tambo District Municipality in the Eastern Cape province of South Africa. The town is 61 km north of Mthatha and was founded in 1876. The name is of isiXhosa origin, derived from ''amazimba aqumbu'', ‘the corn has ...

Eastern Cape The Eastern Cape is one of the provinces of South Africa. Its capital is Bhisho, but its two largest cities are East London and Gqeberha. The second largest province in the country (at 168,966 km2) after Northern Cape, it was formed in ...

) is a qualified Chartered accountant who served as

Auditor General of South Africa The Auditor-General of South Africa (AGSA) is an office established by the 1996 Constitution of South Africa and is one of the Chapter nine institutions intended to support democracy, although its history dates back at least 100 years. Tsakani M ...

from 2006 to 2013. During his tenure as Auditor General, Nombembe gained a reputation for integrity. An outspoken critic of corruption, he has been called the commercial equivalent of former Public Protector Advocate

Thuli Madonsela Thulisile Nomkhosi "Thuli" Madonsela (born 28 September 1962) is a South African advocate and professor of law, holding a chair in social justice at Stellenbosch University since January 2018. She served as the Public Protector of South Africa ...

. In August 2017, Nombembe was re-appointed as Non-Executive Director of the

South African Reserve Bank The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial condit ...

. He is currently the chief executive officer of the

South African Institute of Chartered Accountants The South African Institute of Chartered Accountants (SAICA), South Africa’s pre-eminent accountancy body, is widely recognised as one of the world’s leading accounting institutes. The institute provides a wide range of support services to m ...

. Nombembe matriculated at the Umtata Technical College in 1979. In 1982, Nombembe obtained his Bachelor of Commerce degree from the

University of Transkei The University of Transkei was a university in Umtata in the former bantustan of Transkei in South Africa. It was founded in 1976 as a branch of the University of Fort Hare and after the Transkei gained nominal independence in 1977, it became the ...

. In 1986, Nombembe completed his Bachelor of Accounting Science (Honours) degree at the

University of South Africa The University of South Africa (UNISA), known colloquially as Unisa, is the largest university system in South Africa by enrollment. It attracts a third of all higher education students in South Africa. Through various colleges and affiliates, U ...

. Nombembe was conferred with an Honorary Doctorate in Accounting Science from the

Walter Sisulu University Walter Sisulu University (WSU) is a university of technology and science located in Mthatha, East London (Buffalo City), Butterworth and Komani (Queenstown) in the Eastern Cape, South Africa, which came into existence on 1 July 2005 as a result o ...

in 2014. Nombembe is married to Nokwanda and has three children, Mphiwa, Fezekile and Kamvalethu.

References

{{DEFAULTSORT:Nombembe, Terence 1961 births South African businesspeople Living people Walter Sisulu University alumni