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Important decisions ahead for new Land Bank CEO Themba Rikhotso

Themba Rikhotso has been appointed as the new CEO of Land Bank, effective from 1 April. Rikhotso  will take over from acting CEO Khensani Mukhari. Rikhotso reportedly has 20 years’ experience in the financial services sector, and extensive executive management experience offering solid retail and corporate banking skills, alongside experience in funding agricultural projects across the continent.

He has held various leadership roles including Executive Head of Sales, Transaction Banking and Investment Banking at the Standard Bank Group and Head of Transactional Banking at CFC Stanbic Bank, Kenya.

Christo van der Rheede, CEO of Agri SA said the appointment was a step in the right direction for the bank, which has been defaulting on its debt since 2020: “We wish Rikhotso all the best in this new task. It sounds as if he is well qualified and positioned to steer the bank onto a more positive course.”


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