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

Stellantis takes driverless vehicles to the next level

Stellantis takes driverless vehicles to the next level

Stellantis has announced a new collaboration with NVIDIA, Uber Technologies Inc and Foxconn to explore the joint development and future deployment of *Level 4 (driverless) autonomous vehicles for robotaxi services worldwide.

  • 30 October 2025
BAIC to assemble B30 at Gqeberha plant in Eastern Cape

BAIC to assemble B30 at Gqeberha plant in Eastern Cape

BAIC South Africa has confirmed that the all-new BAIC B30 SUV will be assembled locally at the company’s Coega facility in Gqeberha. This step, says BAIC, marks another significant step in the brand’s long-term commitment to the South African market.

  • 29 October 2025
From Kyalami to the World

From Kyalami to the World

Messe Frankfurt expands its roster of shows with a Festival of Motoring in Australia and industry shows in Jakarta and Azerbaijan.

  • 28 October 2025