South Africa: Minister Appoints Deputy Pension Funds Adjudicator

28 July 2023
SAnews.gov.za (Tshwane)

Finance Minister Enoch Godongwana has, in terms of Section 30C(1)(b), read with section 30C(3) of the Pension Funds Act 24 of 1956 (Act), appointed Naheem Ebrahim Essop as a Deputy Pension Funds Adjudicator.

The appointment is for a term of three years and is effective from the date of assumption of duty, which is expected to be 1 August 2023.

The Office of the Pension Funds Adjudicator (OPFA) was established in terms of the Pension Funds Act. The OPFA is required to dispose of complaints lodged in terms of Section 30A(3) of the Act in a procedurally fair, economical, and expeditious manner.

Essop holds a Bachelor of Laws (LLB) degree and is an admitted attorney. He started his career as a candidate attorney in 2004.

Thereafter, he practiced as an attorney from 2006 to 2015. He then joined the Financial Services Board (now the Financial Sector Conduct Authority) as a Specialist Analyst in the Pension Funds Department in 2015, where he worked until 2020.

He is currently a Senior Legal Advisor at the OPFA. Essop is an alternate member-elected trustee of the Financial Sector Conduct Authority Pension Fund in which the OPFA participates.

He also serves as the OPFA Deputy Information Officer, registered in terms of the Protection of Personal Information Act.

The Minister would like to congratulate Essop on his appointment to this important position which is crucial in contributing towards the integrity of financial markets and institutions, and the fair treatment of customers by retirement funds and all other stakeholders in the industry.

Read the original article on SAnews.gov.za.

Tagged:
Copyright © 2023 SAnews.gov.za. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.