Linda Mateza, the former Chief Investment Officer of the Eskom Pension and Provident Fund, has been appointed the Head of Investments and Actuarial Services at Africa’s largest pension fund, the Government Employees Pension Fund, which manages over R1 trillion in assets for South Africa’s government employees.
While at Eskom, Ms. Mateza managed a mix of portfolio of listed investments and had oversight of the South African utility’s alternative investments. The portfolio, which was valued at R59 billion in 2009 consistently delivered above-inflation returns and had expanded to R90 billion by 2013.
Commenting on the appointment, GEPF’s Principal Executive Officer said “Ms Mateza brings a wealth of experience and knowledge to the post, from her early days as a financial analyst with the Reserve Bank of South Africa to her role as Chief Investment Officer (CIO) of the Eskom Pension and Provident Fund.”
According to last week’s press release, she assumed her new responsibilities on October 5th, 2105.