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April 8th, 2014
Nkosemntu Nika

Nkosemntu Nika

Nkosemntu Nika, South African Gas and Oil Corporation Chief Financial Officer

Nkosemntu Nika, has been the Chief Financial Officer of Petroleum, Oil And Gas Corporation of South Africa since September 2003.

Nika also serves as the Finance Director of The South African Gas and Oil Corporation.

Nika was Chief Financial Officer and Finance Director of PetroSA (SOC) Limited and Executive Manager of Finance at the Development Bank of Southern Africa. He was Chief Financial Officer of DBSA.

Nika was the Chief Financial Officer and Executive Manager of Finance at the Development Bank of Southern Africa and a Corporate Audit Manager and Senior General Manager at Eskom.

In 1989, Nika joined Shell as a chemicals divisional financial manager and after three years, he was assigned to Shell’s headquarters in London where he initially served as a technical finance accountant, responsible for advising operating companies worldwide on accounting technical developments and later joined Group consolidation and reporting.

Nika also held various internal auditing positions at Anglo American Limited. He has held various internal auditing positions and Anglo American Corporation Limited.

Nika is a Member of the Board of Directors of Findevco (Pty) Limited and Brass Exploration Unlimited.

Nika has been an Independent Non-Executive Director of Sibanye Gold Limited since February 2013. He has been an Executive Director of Petroleum, Oil and Gas Corporation of South Africa (pty) Ltd since September 2003.

Nika serves as Director of Scaw South Africa (Proprietary) Limited.

Nika has been Independent Non-Executive Director of ConvergeNet Holdings Limited since November 2012.

Nika served as Non-Executive Director of The Industrial Development Corporation of South Africa Limited until November 25, 2011. Nika is a Chartered Accountant in South Africa.

Nika completed his articles with Hoek & Wiehahn in Umtata under Wynand du Plessis.

Nika qualified as a Chartered Accountant in 1987 with accountants WL Nkuhlu and Company. He holds a Certificate in Theory of Accounting (CTA) and Hons B Comp,(Unisa), BComm (University of Fort Hare) and an Advanced Management Programme (INSEAD).

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