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Ep 133: Inside Africa’s Largest Pension Fund Custody Mandate - Hazel Khumalo

Absa’s appointment as master custodian for South Africa’s Government Employees Pension Fund (GEPF) marks a significant development in the country’s pension landscape.

Michael Avery was joined by Hazel Khumalo, Managing Executive, Pan Africa Sales, Investor Services at Absa CIB, to unpack what the mandate means and how the role of custody had evolved beyond simply safeguarding assets. They explored the growing importance of independent oversight as pension funds expanded into private and cross-border investments, as well as the role of local expertise, pension reform and emerging technology in…

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