Chief Risk Officer, Special Investigating Unit (SIU)
Thulani Mkhungo worked at Transnet Freight Rail (TFR) as the Senior Manager Risk driving Infrastructure Capital Projects risks for more than 6 years. He then joined the Special Investigating Unit (SIU) in February 2016 as the Head of Internal, Risk and Governance where he successfully established the Enterprise Risk Management and Internal Audit Unit. In November 2018, he was appointed as the Chief Risk Officer at the SIU.
One of his greatest achievement in the current position includes the Sector Vulnerability Risk Assessment, where the Health Sector was identified as one of the key vulnerable sectors through Corruption Risk Assessment. This has led to the establishment of the Health Sector Anti-Corruption Forum (HSACF), which was officially launched by the President of the Republic on 01 October 2019.
The HSACF has been established to foster collaboration and cooperation amongst the key stakeholders in the Sector. The main objectives for HSACF is to collaborate in the fight against corruption, identify areas of co-operation to enhance prevention, detection and prosecution of corruption in the Health Sector.
In 2005, he was appointed the Head of Compliance at South African Airways (SAA). After completing the implementation of SAA Enterprise and Compliance Risk Management Framework, he was appointed at Nedbank as Senior Manager Enterprise Risk Management in 2007. Within six months at Nedbank, he was appointed as General Manager Group Operational Risk Management. After successfully completing the implementation of Basel II Operational Risk Management Framework (Basel II ORMF), in 2012 he was appointed at Standard Bank as Head of Operational Risk for Standard Bank of South Africa. After successful implementation of Basel II ORMF, he was appointed to Head Standard Bank Group Operational Risk Management. Basel II ORMF implementation entailed assessing operational risks which included development of Anti-Fraud and Anti-Money Laundering Scenarios.
Adv. Mothibi started his career as a Public Prosecutor in the Magistrates and Regional Courts in the Johannesburg and Soweto Magistrates Courts. He also served on the bench as a Magistrate in the Johannesburg and Soweto Magistrates Courts. He was appointed to Head Employee Relations at the then Department of Finance in 1995. He was part of a Project that worked on the establishment of the South African Revenue Service (SARS). At SARS, he also served in the roles of the Head of Corporate Legal Services and the Head of Governance.
He strives for a corruption free South Africa, making a meaningful impact in the public sector and ensuring accountability for wrongdoings in all tiers of government inclusive of those private sector parties involved in the wrongdoing.
