Committee of Insurance, Securities and
Non-Banking Financial Authorities
EN
FR
Insurance Retirement Funds Medical Aid Schemes and Intermediary Subcommittee (IRMIS)
The IRMIS has been setup pursuant to Article 13 (4) of the Protocol on Finance and Investment and Paragraph 11.1(a) of the CISNA Rules.
The purpose of the IRMIS is to address sector specific issues to ensure achievement of the objects of CISNA.
The mandate of the IRMIS is to execute the objects of CISNA as defined in paragraph 2 of the CISNA Rules and in particular to promote harmonisation of legislation and supervisory frameworks in insurance, retirement fund, medical schemes and intermediary sectors.
The IRMIS shall consist of a minimum of five and a maximum of nine members, elected by the General Council in accordance with Paragraph 12 of the CISNA Rules.
The current composition of the IRMIS is as follows:
Chairperson
Mr Mandla Magubane
Prudential Authority
South Africa
ACTING VICE CHAIRPERSON
Ms Duduzile VilaneFinancial Services Regulatory Authority Eswatini |
MEMBERS
Ms Veronica Namate
Non-Bank Financial Institutions Regulatory Authority
Botswana
Ms Avril JacobsCouncil for Medical Schemes South Africa |
Mr Andile Mjadu
Financial Sector Conduct Authority
South Africa
Mr Cuthbert Munjoma
Insurance and Pensions Commission
Zimbabwe
Mr Aakash Mishra
Financial Services Commission
Republic of Mauritius
Ms Namakau Ntini
Pensions and Insurance Authority
Zambia
The Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) was established in 1998, pursuant to Annexure 10 of the SADC Protocol on Finance and Investment as a committee of authorities responsible for the supervision of insurance, securities, and non-banking financial institutions (NBFI) in SADC Member States. CISNA is part of the Directorate of Finance, Investment and Customs of the SADC Secretariat and reports to the SADC Committee of Ministers of Finance and Investment through the Committee of Senior Treasury Officials.