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

Legal setback for Phelan as MB patent case collapses

Legal setback for Phelan as MB patent case collapses

Mercedes-Benz has successfully fended off a high-profile patent infringement claim, after a US court dismissed allegations brought by The Phelan Group with prejudice, ending a dispute that had lingered for months.

  • 8 December 2025
Volkswagen commits R3.4 trillion to future investments

Volkswagen commits R3.4 trillion to future investments

Volkswagen Group has unveiled plans to allocate R3.4 trillion to investments by 2030, signalling a more cautious approach as Europe’s largest carmaker contends with mounting challenges in China and the United States.

  • 9 December 2025