Thabo Manaka is the new TFSSA CEO

Thabo Manaka is the new Chief Executive Officer of Toyota Financial Services South Africa (TFSSA).

OAE 3926

Thabo is a long-serving member of the TFSSA team and is currently the Director and Senior Vice President of Corporate Administration at TFSSA. He joined the financial services company in 2007 and rose through the ranks to his new position.

Prior to joining TFSSA, Thabo held positions in which he was responsible for compliance, IT, legal and risk management.

Thabo is succeeding Marius Burger who is retiring at the end of the year, after seven years at the helm. He will start in his position on 1 January.

Thabo Manaka is the new CEO of Toyota Financial Services SA.

Says Thabo: "The COVID-19 pandemic has an impact on all people, not only locally, but the entire globe. At TFSSA, we recognise the importance of adapting to these changing times. As the world evolves, so will the financial and mobility solutions, and we can assure you that we are ready to put the smiles back on our customers’ faces.”

Andrew Kirby, President and CEO of Toyota South Africa Motors and Chairman of TFSSA, says: “TSA can rely on Thabo and his continued support at TFSSA. He demonstrated his range of management skills, along with experience and curiosity that could not be more relevant to transform TFS into a mobility-savvy organisation in the years ahead.”

“I thank the Board and the Shareholders for the confidence they have in me to lead Toyota Financial Services,” Thabo concluded.

More Industry News stories

Barloworld dealership sale completed

Barloworld dealership sale completed

JSE-listed Barloworld has finalised the sale of its motor retail business, comprising 38 motor franchise dealerships in South Africa and Botswana.

  • 11 June 2021
Better training for young drivers

Better training for young drivers

MasterDrive and Castell Projects and Services will be launching a driver training programme during June, which is also youth month, aimed at young drivers.

  • 11 June 2021
R2RSA welcomes NADA commitment to Guidelines

R2RSA welcomes NADA commitment to Guidelines

Right to Repair South Africa (R2RSA) has welcomed the pledge by the National Automobile Dealers’ Association (NADA) to support the Competition Commission Guidelines for Competition in the South African Automotive Aftermarket.

  • 11 June 2021