Introducing our new Chief Financial Officer:
I am pleased to announce the appointment of Mr. Kamlesh Riga to the positon of Chief Financial Officer (CFO) at Rhodes University with effect from 01 January 2020.
With the retirement of the Executive Director: Infrastructure, Operations and Finance, Dr L‘Ange the executive management structure was reviewed and a decision was made to reinstate the Registrar: Finance and Operations post and rename it Chief Financial Officer.
Mr Riga is a qualified Chartered Accountant and also holds a Masters’ Degree in Domestic and International Tax. He has held various senior management and executive roles in both the Public and Private Sectors and has served on the Executive Council, the Council and the Audit and Risk Committee for 10 years at the Nelson Mandela University.
Mr. Riga has worked at a strategic financial management level at the Office of the Auditor-General, SARS and the BKB group where he worked for over 10 years. The BKB group includes several subsidiary companies in the agriculture and agro-processing sectors. He was responsible for advising the Managing Director and Board on financial and ICT matters as well as investments, mergers and acquisitions. Mr. Riga successfully managed a diverse team at BKB and was integrally involved in the diversification and transformation strategies at BKB. In addition, Mr Riga is very conversant in both the Public Finance Management Act (PFMA) and Companies Act, Procurement, Higher Education Governance, Audit and Risk management, Treasury Management, as well as business related to lending activities, for instance Compliance, Credit, Credit Risk, and Business Development and Support.
We are delighted that our University has been able to attract a person of Mr. Riga’s ability and wealth of experience. He will add value to Rhodes University and we look forward to his contribution. We welcome him to the Rhodes University community and wish him well in his time with us.
Issued by Dr. Mabizela and the Human Resources Division
Manager of Alumni Relations at Rhodes University.
How is Rhodes handling and prioritizing the growing
number of financial aid requests from students?
- Sound academic performance
- Proven financial need
- Willingness to make a minimal financial commitment to the University to pay fees
- Mostly South African citizens
- Signing of the acknowledgement of debt in instances where the family is unable
to settle fees in full by the end of the academic year. This is done to ensure that
academically sound students are permitted to progress to the next academic
level so that the University is able to collect the funds once they have graduated
and secured permanent employment.
In addition to the above the University’s Isivivane Fund makes it possible for the
University to tap into new money predominantly from the government SETAs which was
not the case in the past. In the previous academic year R7.3 million was raised via
Isivivane from the various SETAs to assist 64 students with funding ranging from
R80,000 to full funding.
The Vice-Chancellor also provides a guarantee for students with strong academic
performance for them to be able to register. The guarantee is not in monetary terms but
rather a waiver for them to be able to register on the strength of their academic
performance. During the course of the academic year some of those students are able to
secure full funding through our fundraising efforts.
Download full interview PDF