Elias Masilela

Economist, Former PIC CEO & Policy Architect

Meet Elias Masilela

Elias Masilela is an MD of Family Investment business, BuMa Investment Holdings. Chairman of DNA Economics, Sanlam, Capital Harvest, Economic Research Southern Africa (ERSA) as well as National Task Force on Impact Investing in South Africa. Convenor of Family Foundation, Number 43 Trelawney Park; kwaMagogo. Member of the boards of Multichoice Group, Multichoice SA, Alternative Prosperity Holdings, Future Planet Capital in London, Strate, CA Sales as well as Global Steering Group (GSG) on Impact Investing.

Previously, Commissioner of the 1st & 2nd National Planning Commission, CEO of the PIC, Head of Policy Analysis at Sanlam, Act. Dep. Director General Economic Policy in the National Treasury, Director of Research, Central Bank of Swaziland. He was also a member of the Boards of the South African Reserve Bank, Government Employee Pension Fund, Airports Company SA as well as the UN Global Compact Board & Chairman of the (UNGC) SA Local Network. Until recently, Chairman of Absa Asset Management and member of the Avior Capital Markets, Absa Financial Services, Eskom Pension and Provident Fund as well as the V&A Waterfront. Elias holds a BA Degree Social Science with the University of Swaziland, MSc in Economic Policy and Analysis with Addis Ababa University as well as several professional certificates with Harvard University.

MultiChoice names former PIC head as chair from 2024

Big shake-up at MultiChoice

Elias Masilela will become the new MultiChoice board of directors chair from 1 April 2024.