Umsobomvu Youth Fund Annual Report 2006 - Nyda

National Youth Service ProgrammeCommittees led by the CEOThe following non-Board Committees led by the Chief Executive Officer have beendelegated with the day-to-day operations and decisions of the Fund:• Executive Management Committee• Management Committee• Risk Management Committee• Procurement and Tender CommitteeExecutive Management CommitteeThe Executive Management Committee (EXCOM) of the Umsobomvu Youth Fund isconstituted to assist the Chief Executive to manage the Fund. The Chief Executive’sauthority in managing the Fund is unrestricted. The Board of Directors (Board) takesregular cognisance of authorities delegated to the Chief Executive by means ofresolutions. The EXCOM assists the Chief Executive in acting for the Board in managingthe business of the Fund when the Board is not in session, subject to the statutorylimits and the Board’s limitations on delegation of authority to the Chief Executive.The EXCOM assists the Chief Executive to guide and control the overall direction ofthe business of the Fund and acts as a medium of communication and co-ordinationbetween business units, Fund companies and the Board.Mr Mzwabantu Ntlangeni – DivisionalDirector – Process Cycle ManagementMr Roy Rajdhar – Divisional Director– Enterprise FinanceMr Derek Smith – Divisional Director– Contact Information and Counselling(promoted 1 July 2005).The following managers have a standinginvitation to attend Executive Committeemeetings:Mr Sanjay Hargovan – Risk ManagerMr Edgar Mahura – Manager – ProjectOffice: Office of the CEOMs Lebo Modiba – Manager – BusinessStrategy: Office of the CEO(appointed 3 March 2006)Mr Vincent Zwane – Manager– Information Communication andTechnologyAs at 31 March 2006, the Executive Committee consisted of:Mr Malose Kekana (Chairman) – Chief Executive OfficerMs Jennifer Law – Chief Financial OfficerMs Lucy Hlubi – Acting Divisional Director – Skills Development and Transfer(promoted 1 August 2005)Mrs Ncedi Hluyo – Divisional Director – Capacity Building and ResearchMs Nombini Mehlomakulu – Divisional Director – Corporate Communications(appointed 1 October 2005)Mr Godfrey Montshioagae – Divisional Director – Human Resources(appointed 30 May 2005)Mr Mbongeni Mtshali – Divisional Director – Business Development ServicesMr Busani Ngcaweni – Divisional Director – Skills Development and Transfer(promoted 1 July 2005 and subsequently seconded to the Office of the StatePresidency)The Executive Committee meets at leastonce a month and holds strategic planningworkshops at least twice annually.Umsobomvu Youth Fund 2006 Annual Report35