MBDA appoints experienced Daya as acting head whilst search for permanent CEO begins

APRIL 1, 2016

The Mandela Bay Development Agency (MBDA) a company wholly owned by the Nelson Mandela Bay Municipality announced today that its current Chief Financial Officer (CFO), Mr Ashwin Daya has been appointed acting Chief Executive Officer (CEO) until a new candidate is appointed. The appointment of Daya comes as past CEO, Dr Pierre Voges’s contract came to an end on 31st of March 2016.

MBDA Board Chairperson Mr Motse Mfuleni thanked Dr Voges for his visionary leadership of the agency since its inception in 2004.

“Throughout his tenure Pierre steered the agency admirably and can be credited with leading a team that has delivered many catalytic projects and socio economic infrastructure that has changed the face of the Metro” said Mfuleni.

Daya joined the agency literally three months after Voges in October 2004. In his capacity as CFO, Daya has been instrumental in managing the agency’s growing budget as head of the Finance and Administration portfolio which includes financial management, supply chain management, and human resources.

Daya and his finance team are largely credited for the string of unqualified audits the agency has racked up since 2004.

 “I am under no illusions as to the magnitude of the task ahead and feel humbled by this opportunity to serve the City albeit in a temporary capacity. I was fortunate be around from the inception of the MBDA with Pierre, and having acted in this position previously has also prepared me for this task.”

“Daya is a team player but also an assertive leader that gets things done with the last three consecutive clean audit outcomes a testament to this. We as the board have confidence in him and his experienced management team to continue the good work of the agency. We wish him and his team well as the board embarks on a search for a permanent CEO,” concluded Mfuleni. 

About Mr Ashwin Daya

Born in 1960, grew up in Port Elizabeth, schooled at Woolhope High School and graduated with a Bachelor of Commerce degree from the University of South Africa. Daya has held various positions in the automotive industry including Comau Body Systems, Volkswagen SA, and Ford SA.

Before his appointment as acting CEO, Daya has been the CFO of the MBDA for the past 10 years.