Head of the Pensions (Prudential Supervision) Department at the Financial Sector Conduct Authority
Ms Wilma Mokupo is currently the Head of the Pensions (Prudential Supervision) Department at the Financial Sector Conduct Authority (FSCA) responsible for the supervision of the financial soundness and prudential supervision of retirement funds registered under the Pension Funds Act and the investment spreading requirements (regulation 28). She is responsible for the preparation of the Pensions Annual Reports to the Minister of Finance for tabling in Parliament. She currently reports to the Deputy Executive Officer: Pensions at the FSCA.
She is a seasoned regulator with twenty-two years’ experience in regulation and supervision of retirement funds mostly at senior management level (sixteen years as Head of department previously also responsible for friendly societies, licensing and office visits). Before joining the FSB (now known as FSCA) in 1996 as financial analyst she worked at Munich Reinsurance South Africa on a part-time basis before she returned to full time study.
Wilma holds a Bachelor of Commerce Degree and an Honours degree in Economics with a distinction in Macroeconomics. She is an alumni of Wits Business School and London Business School having completed the executive development and senior executive development programs, respectively.
Wilma is responsible for the development of the first Free E-learning tool for trustees on www.trusteetoolkit.co.za The FSCA’s trustee toolkit was successfully launched in 2011 with SAQA accreditation planned for 2018. She is also the FSCA’s subject matter expert for the development of the first national trustee qualification curriculum after FSB was appointed as the quality development partner (QDP) in collaboration with the QCTO (Quality Council for Trades and Occupations) and industry. Trustees can now obtain a SAQA approved NQF level 5 in line with the principles in the National Development Plan.