In a move to ensure leadership continuity at a key state entity, Finance Minister Enoch Godongwana has appointed a seasoned National Treasury executive as the acting CEO of the Government Pensions Administration Agency (GPAA). This follows the precautionary suspension of the agency’s chief executive over allegations of serious misconduct in high-value procurement transactions.
To ensure stability and the uninterrupted delivery of services, Job Stadi Mngomezulu, the Deputy Director-General for Corporate Services at the National Treasury, has been seconded to the GPAA and appointed as its Acting Chief Executive Officer, effective 25 August 2025.
Minister Godongwana expressed full confidence in the new acting CEO, stating: “Under Mr Mngomezulu’s leadership, GPAA will continue to deliver on its mandate while we work to resolve these matters expeditiously.”
The minister moved to assure the public that all pension services would continue without any interruption and that the highest standards of governance would be maintained during this transitional period.
Mr. Mngomezulu is a veteran of the National Treasury, having joined over two decades ago. He has held several key positions, including Director: Financial Management, Chief Financial Officer, and Chief Risk Officer, before his most recent role as Deputy Director-General. His extensive qualifications include a Bachelor of Commerce in Accounting, a Masters in Business Leadership (MBL) from UNISA, and a certification in board effectiveness for Pension Funds from the University of Toronto’s Rotman School of Management.
His appointment is designed to steady the ship at the GPAA as the National Treasury’s Office of the Accountant General (OAG) unit commences a detailed forensic investigation into the procurement allegations. The probe will focus on specific contracts, including the GPAA Head Office Lease, the African Mobility Bus Lease, and deals with Jicho Consulting and LCS Biometric Systems.
