Ithala SOC Limited, a licensed financial services and registered credit provider, is a 100% owned subsidiary of Ithala Development Finance Corporation Limited, an agency of the KwaZulu-Natal Department of Economic Development, Tourism and Environmental Affairs under the KwaZulu-Natal Provincial Government.
Ithala SOC Limited is listed as a public entity in terms of Schedule 3 of the PFMA.
The purpose of Ithala SOC Limited is to provide financial services to the people of the KwaZulu-Natal province of South Africa, thereby contributing to the province’s socio-economic development.
The physical footprint of Ithala SOC Limited spans the entire province of KwaZulu-Natal and, in some rural areas, we still remain the only financial institution with a physical presence.
Overseeing Department/Entity
Office Bearers/Management
Chairperson
- Mr Mpumzi Pupuma
Board Members
- Ms Mbali Yedwa Mjiako
- Inkosi Sbonelo Mkhize (Deputy Chairperson)
- Dr Sandile Mnguni
- Mr Mpumzi Pupuma
- Ms Given Refilwe Sibiya
- Mr Ngoni Simelane
CEO
- Dr Thulani Vilakazi
Senior Management
- Nirshan Harryparshad (Acting Head: IT)
- Mr Xolani Khumalo (Head: Credit and Collections)
- Mr Shane Moodley (Head: Retail and Business Banking)
- Mrs Nomusa Mzimela (Company Secretary )
- Mr Theo Nell (Head of Human Resources)
- Adv Kabelo Nkhambule (Compliance Officer)
- Mr Sethu Nsele (Chief Auditor Executive)
- Mr Aaron Pather (Head: Insurance)
- Mrs Brenda Van Der Lingen (Chief Risk Officer)
Communications Officers
- Thembekile Mdletshe (Public Relations and Media Officer)
- Mr Sibongiseni Phakathi (Chief Information Officer)
- Mr Sandile Xolo (Head: Marketing and Communications)
Contact Details
The contact details of Ithala SOC Limited are listed in the table below.
| Physical Address: | 303 Dr Pixley KaSeme (West) Street, 15th Floor, Delta Towers, Durban, 4001 |
| Postal Address: | P.O. Box 2588, Durban, 4000 |
| Telephone: | 031 366 2500 / 080 133 1130 |
| Email: | customerservice@ithala.co.za |
| Website: | www.myithala.co.za |
