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Elias Masilela

Executive Chairman

DNA Economics, South Africa


He has 17 years’ experience as an investment professional, most of which was spent as the Chief Executive Officer of the biggest Fund Manager on the African continent (the Public Investment Corporation of South Africa, with total assets of about $150 billion under management) and Sanlam financial services group (AAA-rated with market cap of $13.4 billion). He is presently Executive Chairman, DNA Economics, Johannesburg; Commissioner, 1st & 2nd National Planning Commission (NPC) of South Africa; Chairman, Economic Research Southern Africa (ERSA); Member, Board of Multichoice SA; Consultant, Africoil Zimbabwe; Director, Alternative Prosperity Holdings Member, Steering Committee, DST-NRF Centre of Excellence in Human Development; and Chairman V&A Waterfront;. His previous positions include: Member, UN Global Compact Board & Chairman, South Africa Local Network; Independent Advisor, DaMina Advisors, NY; Head of Policy Analysis, Sanlam; Member, Board of the South African Reserve Bank (SARB); Member, Board of the Government Employee Pension Fund(GEPF); Chairman, V&A Waterfront; Member, Board of Airports Company SA (ACSA); Acting Deputy Director, General Economic Policy, National Treasury, SA, February 1998 – June 2005; Visiting Senior Fellow, Wits University; Independent Advisor, Gerson Lehman Group, New York, NY; Chairman, Board of Kalafong Hospital and Director of Research, Central Bank of Swaziland. Mr. Masilela has a Bachelor of Arts degree in Social Sciences (Economics and Statistics) from the University of Swaziland (UNISWA) (1986), Master of Sciences in Economic Policy and Analysis, Addis Ababa University (A.A.U.) (1995) and is the recipient of three post-graduate certificates for various courses at Harvard University from 2001-2002.

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