Nomzabalazo Makubalo appointed as RMB CPO

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Nomza, who has been acting in the position since October 2023, has been appointed to drive employee engagement and innovation.

Nomzabalazo Nomza Makubalo has been appointed as Rand Merchant Bank’s (RMB) chief people officer (CPO).

She has been tasked with the responsibility of developing a world-class people function that promotes diversity, equity and inclusion within the workplace to attract and retain top talent, recognise and reward employee contributions and innovation, and execute RMB’s strategic goals, objectives and growth ambitions.

Nomza, who has over 15 years of experience in human capital, six of which have been at RMB, has been caretaking the CPO role for the past nine months.

She joined RMB in 2018 as the head of human capital for the investment banking division. In 2020, she transitioned to the role of head of human capital for the banking division, where she was responsible for the investment banking division, corporate and sponsor client groups, corporate transactional banking, and the banking division enablement areas.

In a statement, RMB explained that Nomza has been an important part of the RMB team since 2018. “Nomza has already made her indelible mark on both our human capital function and the RMB exco. She stepped in to lead strategic initiatives for our people capability, delivering immediate impact,” said Emrie Brown, CEO of RMB.

Commenting on her appointment, Nomza said she is honoured and excited to step into the role: “I look forward to continuing our journey of fostering a high-performance culture that empowers everyone to achieve their best.”

Nomza holds a BSc (Hons) in industrial psychology from Wits University, a postgraduate diploma in general management, and an MBA from GIBS.

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