The Financial Planning Institute of Southern Africa (FPI) announced at their Annual General Meeting (AGM) the appointment of Olwethu Masanabo, CFP®, as the new Chairperson of its Board, marking a smooth and strategic leadership transition within the organisation. Outgoing Chair, Kirsty Scully, CFP®, who has led the Board with distinction for the past three and a half years and served nine years as a board member, has officially stepped down. In a heartfelt message, Kirsty expressed her gratitude:
“Serving as Chairperson of the FPI has been one of the most rewarding chapters of my professional journey… I’ll miss our debates, our laughs, and our shared passion… While my time on the Board has come to an end, my support for the FPI certainly hasn’t”.
Kirsty’s tenure was marked by unwavering leadership, strategic foresight, and a deep commitment to upholding high standards of professional financial planning in Southern Africa. Under her guidance, the FPI strengthened its position as the voice of FPI professional members, actively enhancing public trust, especially in the CFP® designation.
About Olwethu Masanabo, CFP®
Olwethu brings a wealth of experience to the role. She is a CERTIFIED FINANCIAL PLANNER® and an Executive Director of a highly regarded financial services provider and is also a Behavioural Coach. She brings with her rich experience in governance, consumer education and behavioural coaching. She has served on the FPI Board in a non-executive capacity since 2021. She chaired the FPI’s Diversity & Inclusion, Human Capital Management as well as the Nomination and Compliance Review committees. Her contributions to the FPI also include educating consumers on retirement and savings strategies— most recently explaining the Two Pot system in isiXhosa, demonstrating her commitment to financial literacy and inclusion.
Board Chair Handover
Outgoing Chair: Kirsty Scully, CFP®
- Led the Board for 3½ years and served on it for nine years.
- Served concurrently as Chair of the Financial Planning Standards Board (FPSB) Council.
- Actively promoted mentorship, media engagement, and women’s empowerment initiatives.
Incoming Chair: Olwethu Masanabo, CFP®
- Rich experience in governance, consumer education, and behavioural coaching.
- Served on the FPI Board in a nonexecutive capacity since 2021.
- Recognised for her dedication to financial literacy and public education.
Statements
“Kirsty’s leadership has been transformative,” said Lelané Bezuidenhout, CEO of the FPI. “Her strategic vision and generous mentorship have elevated our profession. We are excited to welcome Olwethu as she brings fresh perspectives and a steadfast commitment to both governance and client empowerment.” Olwethu Masanabo commented, “I feel very honoured to have the opportunity to lead such a strong board of directors in supporting the executive team with the implementation of the FPI’s strategy. Following the success of reaching new records of membership numbers, we look forward to continuing to grow the FPI.” Kirsty Scully added, “I remain a proud and committed member of the FPI. It’s been a real privilege for me to Chair the FPI. I now hand over the reins to Olwethu Masanabo, and I do so with complete confidence in her leadership. I have no doubt that she will guide the Board with the professionalism, integrity, and vision that this role demands—and deserves.”
| About the Financial Planning Institute of Southern Africa The FPI is a SAQA Recognised professional body representing financial advisors and financial planners in Southern Africa. Its mission is to promote the value of professional financial planning, uphold high standards, support its members with ongoing development, and advocate for responsible industry policies. Click here to read FPI’s company profile. |
