RECOGNITION OF FINANCIAL LEADERSHIP: UFS CFO HONORED BY UNIVERSITIES SOUTH AFRICA

Marisna Nel

By: Neo Ntsele

The University of the Free State (UFS) is pleased to announce the appointment of Marisna Nel, Chief Financial Officer, to the Finance and Investment Committee (FIC) of Universities South Africa (USAf), the representative body for South Africa’s public universities.

Nel was appointed by the Executive Committee of the USAf Board of Directors after a nomination and selection process.

Her three-year term began immediately and will continue until 31 May 2029.

Dr Phethiwe Matutu, Chief Executive Officer of USAf, stated that Nel’s appointment adhered to the organisation’s governance protocols, emphasizing her "knowledge, expertise, and experience in the higher education finance environment are highly valued".

"It is a privilege to contribute to a structure that supports the financial sustainability and long-term success of South Africa's public universities,” Nel remarked.

She continued, “Higher education institutions operate in a complex environment, and sound financial stewardship is essential to ensuring that universities can continue to fulfil their teaching, research, and societal responsibilities."

The Finance and Investment Committee aids the USAf Board by managing financial issues related to the organisation.

Its duties include overseeing financial strategy, budgeting, investment policies, financial performance, and internal financial controls.

As a committee member, Nel will engage in discussions and decisions that guide the financial sustainability and strategic direction of South Africa’s public university sector.

Her appointment also offers UFS the chance to share expertise and collaborate with peers on national higher education finance issues.

"I look forward to engaging with colleagues from across the sector and contributing to discussions that support effective governance, responsible financial management, and sustainable growth within higher education,” Nel stated.

“This appointment also provides an opportunity to share insights and learn from peers who are equally committed to strengthening our universities."

In her appointment letter, Dr Matutu expressed confidence that Nel would "make a meaningful contribution to the fulfilment of the Committee’s responsibilities and mandate". She also noted that USAF anticipates Nel’s support and valuable input in the committee's work.

The appointment showcases the leadership quality within the university and underscores the role UFS professionals play in shaping and strengthening the higher education landscape.

Through participation in sector-wide governance structures, the university contributes its expertise to initiatives that support sustainable institutions and enable universities to fulfil their academic and societal mandates.

Aligned with UFS’s commitment to accountability, excellence, and long-term sustainability, this appointment reinforces the university’s contribution to building responsible societal futures through active participation in structures that support the success and resilience of South Africa’s higher education system.