#Finance #Johannesburg #South Africa #CIMA #Alfred Ramosedi

CIMA's New Leadership: A Step into the Future

On June 24, 2026, Alfred Ramosedi, FCMA, CGMA, was elected as the 93rd President of the Chartered Institute of Management Accountants (CIMA) during the institution's Annual General Meeting. This significant appointment positions Ramosedi at the forefront of a vital evolution in the finance and accounting sectors.

Ramosedi also takes on the role of Co-Chair of the Association of International Certified Professional Accountants, an alliance that merges the strengths of CIMA and the American Institute of CPAs (AICPA). With a clear vision for the future, he is set to steer CIMA towards new horizons.

Emphasizing Trust and Innovation

In his inaugural address, Ramosedi highlighted the essence of trust in the profession. He believes that establishing trust, embracing technology, and nurturing talent are paramount in defining the future of finance and accounting. "The decisions we make today—how we gain trust and lead our teams amidst uncertainty—will shape the accounting landscape for years to come," he stated.

Ramosedi's vision encompasses the integration of artificial intelligence within the profession and expanding access to opportunities for the upcoming generations. He is committed to fostering a culture where the profession can positively influence business and society, especially during these transformative times.

Extensive Experience in Financial Services

Ramosedi boasts over 30 years of experience in the financial services sector in South Africa. His career began at Nedbank Limited in 1995, where he held various leadership roles over 15 years. Subsequently, he became the head of Nedbank Private Bank, and further transited to notable positions at ABSA Bank and African Bank before assuming the CEO role at Bayport Financial Services in 2017.

Ramosedi's relationship with CIMA spans decades, starting as the secretary of CIMA’s Gauteng branch in 1998. His leadership journey progressed as he was appointed the president of CIMA’s regional committee in South Africa in 1999. His substantial contributions were acknowledged with the CIMA Silver Medal in 2013, reflecting his deep commitment to the organization.

After a brief break from council activities, Ramosedi returned to the CIMA council in 2023. His experience and insights were pivotal while serving as Vice President of CIMA and being an active committee member, which adds to the excitement around his presidency.

A Personal Commitment

Ramosedi expressed his dedication to serving CIMA's members and students. His priorities include building a foundation of trust, innovation, and opportunities. By partnering with Jan Lewis, the President of the Association, he aims to guide the profession through rapid changes in the global market and redefine its role in business and society.

Living in Johannesburg, South Africa, with his wife and three adult children, Ramosedi balances his professional commitments with family time. His personal interests include reading, cycling, and running, showcasing a well-rounded approach to life.

As CIMA embarks on this new chapter under the leadership of Alfred Ramosedi, members and professionals will look to him for guidance and vision. His leadership promises to pave the way for a future rooted in trust, innovation, and a commitment to harnessing opportunities within the finance and accounting landscape.