Professor Wiseman Nkuhlu is the chancellor of the University of Pretoria, trustee of the IFRS Foundation and chairman of Rothschild (SA). He has been a trustee of The African Centre for the Constructive Resolution of Disputes (ACCORD), since its establishment, and chairman of the Executive Committee, which is responsible for overseeing the financial management and reporting to partners.
He is also director of AngloGold Ashanti Ltd, Datatec Ltd, Rothschild SA and Ethics Institute of South Africa. He is Chairman of the Audit and Corporate Governance Committee of AngloGold Ashanti and member of the Audit and Risk Committee of Datatec Ltd.
He served as president of the International Organisation of Employers in Geneva from May 2008 to June 2011.
In his capacity as president of the International Organisation of Employers, he participated annually in United Nations high-level discussions on global issues, including climate change, sustainability and the global compact.
He served as a member of the Global Financial Crisis Advisory Panel established jointly by the International Accounting Standards Board and the Financial Accounting Standards Board in January 2009 to advise on the accounting standards setting implications of the global financial crisis.
He participates regularly as a speaker in international conferences on African development issues and corporate governance.
He served as economic advisor of the President of the Republic of South Africa, Thabo Mbeki, and as chief executive of the secretariat of New Partnership for Africa’s Development (NEPAD) from October 2000 to July 2005. He played a major role in the elaboration of the NEPAD policy framework and in promoting the programme both in Africa and internationally.
From 1989 to 2000, Nkuhlu served as a director of a number of major companies, including Standard Bank, South African Breweries, Old Mutual, Tongaat Hulett and BMW. He also played a leading role in development as chief executive of the Independent Development Trust for three years and as chairman of the Development Bank of Southern Africa from 1993 to 2000. He served as chairman of MEEG Bank in the Eastern Cape, from 1998 to 2009, and as chairman of Metropolitan Ltd, from June 2007 to March 2009.
Nkuhlu was appointed the first chairman of the Council on Higher Education. He served in this position for four years, from 1998 to 2002. The Council on Higher Education played a major role in the restructuring of universities and technikons.
From 1976 to 1990, Nkuhlu combined his role in the auditing profession with lecturing at the University of Fort Hare initially and later at the University of Transkei. He served as principal and vice-chancellor of the University of Transkei, from 1987 to 1991.
He was elected president of the South African Institute of Chartered Accountants and served two terms, from 1998 to 2000. He is passionately involved with the development of black accountants, and is the patron of the Nkuhlu School of Accounting of the University of Fort Hare. Currently he is a member of the advisory board of the South African Institute of Chartered Accountants (SAICA)
He studied at the University of Fort Hare, University of Cape Town (UCT) and New York University and completed a BCom, CTA and MBA. He served articles with Hoek Wiehahn and Cross, and qualified as a chartered accountant (CA) in 1976. He became a partner in charge of the Umtata office. Subsequently, Hoek and Wiehahn merged with Price Waterhouse, now PricewaterhouseCoopers. Two years after the merger, he resigned from the partnership to join the Independent Development Trust in 1990.
He served as economic advisor to the National African Federated Chamber of Commerce, from 1989 to 1993, and as president of the Black Management Forum, from 1992 to1995.
In recognition of his contribution to education, business and development, Nkuhlu received a number of awards, including Honorary Doctorates from the University of the Free State, University of Stellenbosch, UCT, University of Pretoria, Nelson Mandela Metropolitan University, Witwatersrand and University of Fort Hare. He also received merit awards from the National African Federated Chamber of Commerce, Association for Advancement of Black Accountants of Southern Africa and the Black Management Forum. He was also awarded the President of Convocation Medal by the UCT Town in June 2004. The medal is awarded to graduates of UCT for outstanding community service.
In May 20115, he received the Ordre National de la Légion D’Honneur, Republique Française for his work with NEPAD.
He was inaugurated as the chancellor of the University of Pretoria in March 2007, and elected for an additional five-year term in July 2012.
He received the Grand Counsellor of the Baobab National Award from the President of the Republic of South Africa for his excellent contributions to the African Renaissance through his role in NEPAD, in April 2008.
He keeps up to date with new developments in governance and accounting standards through regular attendance of the Institute of Directors as well as continuing professional development seminars and international conferences on Accounting Standards. He is also a subscriber to the International Accounting Standards Board publications and receives all updates to accounting standards.
Wiseman was born on 5 February 1944 in Cala, Eastern Cape, South Africa. He is married to Nondima (nèe Mahlulo) and they have four children.