Babalo Godfrey Kulata
Boksburg
Summary
A Certified Risk Management Practitioner with over 13 years of experience risk management, compliance management, and business continuity management A well experienced, focused, proactive, self-driven, results-driven, and strategic thinker individual offering demonstrable capability in all aspects of Governance, Risk, Compliance & Ethics (GRCE). I have the following achievement: Improved risk maturity and culture and insurance profile. Implemented compliance programme to improve compliance with applicable laws and regulations. Introduced Business Continuity Management Processes and Procedures. Appointed Acting Chief Risk Officer during my time at City of Johannesburg & Department of Economic Development.
Overview
15
15
years of professional experience
1
1
Certification
Work History
Manager: Enterprise Risk Management
Coega Development Corporation (CDC)
09.2022 - Current
- Develop and implement the enterprise risk framework, strategy, policy including risk appetite and tolerance levels in line with relevant standards such ISO31000
- Develop and implement combined assurance framework and plan for CDC as prescribed by King IV
- Ensure all significant risks are covered by the Combined Assurance providers
- Collate all assurance activities on a quarterly basis for presentation to the Combined Assurance Committee, ARC & Board
- Facilitate the process of strategic risk identification and ensure monitoring of the strategic risk register as well as providing report to relevant structures on management of key risks
- Facilitate project risk identification for all organisational projects to ensure that projects are implemented on time and within the budget
- Review and present the CDC Risk Universe and Strategic Risk Register at the Board Strategic Workshop
- Assist the Accounting Officer (CEO) in promoting and improving CDC’s risk, ethics & compliance management culture through communication and training programs for all levels in the organisation
- Develop risk management protocols (risk management processes, procedures, tools and models, techniques, reporting)
- Develop and implement compliance management programme for CDC to ensure compliance to relevant legislations and regulations
- Provide the Audit Committee with assurance that Business Units throughout Legal Aid SA have appropriate risk management processes in place to enable management to discharge their accountability for risk management and compliance
- Ensure consistency in the evaluation and reporting of risks and compliance throughout CDC
- Facilitate the implementation of programmes that ensure deliberate organisational attention is given to identify potential opportunities that could be exploited to improve organisational performance
- Provide inputs in the development of CDC project risk management governance documents in with ISO 21500 standards and PMBOK principles
- Lead, direct and maintain the business continuity management programme using strategy and protocol
- Ensure development, maintenance and testing of the organization’s business continuity programme
- Provide support and guidance in the development of BCP planning and goals
- Ensure development, maintenance and testing programs for all BCP’s
- Develop and implement compliance program for CDC which include development of compliance framework, policy, plan, strategy, compliance universe and compliance risk assessments) to ensure compliance to all regulatory requirements
- Develop monthly and quarterly compliance reviews to monitor compliance to legislations and laws and repot to relevant structure on the status of compliance
- Development and implementation of the CDC ethics management strategy and plan, to enhance integrity, and the ethical conduct of the organization’s business both internally and externally
- Development and implementation of ethics related policies (code of conduct and ethics policy)
- Participate in the Quality Management System audit for ISO 27001 and ISO 9001 and ensure implementation of findings are implemented and reported by combined assurance forum
Deputy Director: Business Continuity Management & Risk Control
City of Johannesburg (COJ)
07.2019 - 08.2022
- Developed, implemented and maintained Business Continuity Management (BCM) Framework, Policy, and Procedures for the City according to ISO 22301
- Provided inputs on business continuity and crisis management standards, processes, and practices, making recommendations derived from analytics on internal data and best practices
- Promote awareness of the BCM function through facilitation of awareness workshops and managed the lifecycle of the Business Continuity Management plan
- Coordination and Implementation of Business Continuity Management (BCM) processes and procedures
- Used analytical and modelling techniques to produce reports and forecasts for management on the effectiveness of the business continuity and crisis management plans
- Ensured working relationship with ICT and all other Business Continuity Management Teams such as Joint Operations Centres, Disaster Recovery, Communications, Security and Occupational Health & Safety to enable proper response to incidents
- Ensured regular reporting to the relevant governance committees and structures on the status of BCM
- Ensuring that the City’s Assets and Liabilities are adequately insured
- Ensure that the City’s insured events are timeously reported to the insurers and within the acceptable timeframes in line with the policy documents
- Implement both claim and underwriting management processes
- Conducted physical risk assessments to all City Properties to improve insurance profile of the city
- Facilitated the process of post loss assessment to identify root causes to insurance claims and identify strategies to prevent future insurance claims
- Analysed insurance claims submitted to identify risk exposures and advise management of new strategies to mitigate the exposures
Manager: ERM, Insurance & Compliance
National Youth Development Agency
06.2018 - 06.2019
- Responsible for effective Implementation of risk management based on Nyda’s approved Enterprise Risk Management Framework
- Development and implementation of risk management policy and strategy
- Conduct strategic risk assessments for the organisation
- Quarterly Monitoring of the strategic and operational risk registers
- Development of annual compliance universe for the entity to ensure compliance with the applicable statutory regulatory requirements and coordinate the overall monitoring of the regulatory universe
- Development and implementation of compliance framework, policy and strategy
- Ensure adequate insurance requirements for the Agency are in place
- Ensure Business Continuity Management plans and procedures that guide the Agency to respond, recover, resume, and restore to a predefined level of operation following a disruption
- Ensuring that the ERP system is updated with current risks
- Responsible for compiling monthly and quarterly risk reporting for submission to the Operational Exco
- Risk Management Representative at the Bid Adjudication Committee
- NYDA Risk Representative at the Parliamentary Portfolio Committee
- Risk Management Representative at Board Committee, Human Resources and Remunerations Committee, Social and Ethics Committee, Investment Committee and Executive Management Committee
- Facilitation of the declarations of gifts donations
- Sponsorships received by employees from NYDA clients/Stakeholders
- Facilitation of the declaration of interest by all NYDA employees, the Board, and Audit and Risk Committee Members
Deputy Director: Enterprise Risk Management
Gauteng Department of Economic Development
02.2017 - 05.2018
- Development and implementation of the risk management framework, incorporate inter alia risk management policy, risk management strategy, risk management implementation plan
- Develop and implement Business Continuity Framework, policy and strategy for the department
- Ensure the implementation Ethics Management Strategy which included anti-corruption, and fraud policy, plans and strategy
- Develop and implement ethics strategy and policy for the department
- Facilitate strategic, operational, fraud and ethics risk identification sessions
- Promote and institutionalise risk awareness culture and compliance in the department
- Provide administrative support to the risk management structural committees
- Update and consolidate departmental risk management information and reports to the relevant management structures
- Coordination and Implementation of Business Continuity Management (BCM) – development and testing of Business Continuity Plans
- Conduct training and awareness sessions across the organisation on risk management, business continuity management, ethics management, fraud and corruption campaigns
- Ensure preparation of business unit budget and monitoring of expenditure Reports
- Provision of administrative support to Risk Management Committee
- Facilitate and liaison with Internal Audit & External Audit (AG) to ensure approval of audit strategy, engagement letter, provision of requested information as per the RFI, coordination of management comments, resolution of audit findings, review of AG inputs into the final annual report and finalisation of Management Report & Audit Report
- Conduct investigations process on reported cases of UIFW expenditures for the department and advise on corrective measures to be implemented
Regional Manager: Enterprise Risk Manager
Transnet National Port Authority
07.2014 - 01.2017
- Implementation of Group Risk Management Framework and Policy across TNPA
- Facilitate and co-ordinate risk identification workshops for Strategic level, Functional level and for Projects
- Monitor operational risk management activities
- Monitor and analyse risks within the company's business units and reports on these risks to the Business Unit Heads
- Coordinate the implementation of a risk management plan and establish Enterprise Risk Management architecture
- Compile risk management reports for RISKCO, EXCO and other committees
- Provide administrative support to Risk Management Committee (RISKCO)
- Provide risk management training and awareness across the organisation
- Coordinate activities of Risk Management Committee
- Facilitate and co-ordinate Insurance risk analysis workshops to assist management with procuring accurate and relevant insurance cover for the risks identified in projects
- Advise management and make recommendations on mitigations actions to reduce risk exposure through insurance methodology of transferring the cost of risk to Insurance underwriters in exchange for monthly insurance premiums
- Review and evaluate current insurance policies and existing controls to ensure adequacy and relevance for the risks identified
Assistant Director: Enterprise Risk Management
Gauteng Provincial Treasury
09.2013 - 06.2014
- Conduct risk maturity assessments for departments and municipalities
- Develop strategic support plan to improve risk maturity
- Conducted training and awareness on risk management for municipalities and government departments
- Conducted risk assessments for municipalities and departments
- Capture risk registers on BarnOwl
- Provide training for municipalities and departments
- Provide reports and presentation to relevant structures in the municipalities and departments
Internal Control & Compliance Officer
Transnet Freight Rail
11.2011 - 08.2013
Intern: Enterprise Risk Management
Gauteng Provincial Treasury
05.2010 - 04.2011
Education
Postgraduate Diploma Risk Management - Accounting
University of South Africa
Pretoria02-2025
Advanced Programme Risk Management -
University of South Africa
B-Tech: Internal Auditing -
Vaal University of Technology (VUT)
Skills
- Leadership & management
- Communication & Computer literacy
- Good Interpersonal
- Report preparation & writing
- Flexible (Work independently & team player)
- Attention to details
- Ability to multitask
- Meet deadlines
- Decision making
- Problem solving & Conflict management
- Relationship management
- Negotiation, planning and organizing
Accomplishments
Improved risk management culture
Improved City of Johannesburg Insurance Profile and Business Continuity Processes
Awarded Risk Specialist of the year Runner-Up 2021
Member of the Eastern Cape Risk Committee for Institute of Risk Management South
Risk Committee Member for Gauteng Department of Labour
Certification
- Certified Risk Management Professional, Institute of Risk Management South Africa, In Progress
- Compliance Practitioner SA, Compliance Institute of Southern Africa, In Progress
- Certified Risk Management Practitioner, Institute of Risk Management South Africa, Obtained, 12/01/21
- Certified Ethics Officer, Ethics Institute South Africa, Obtained, 06/01/22
- Certified BCM Implementer ISO 22301, PECB, Obtained, 06/01/22
First Names
Babalo Godfrey
Drivers Licences
Code Light Motor Vehicle
Personal Information
- ID Number: 8409275950082
- Gender: Male
Languages
English
Advanced (C1)
Xhosa
Advanced (C1)
Timeline
Manager: Enterprise Risk Management
Coega Development Corporation (CDC)
09.2022 - Current
Deputy Director: Business Continuity Management & Risk Control
City of Johannesburg (COJ)
07.2019 - 08.2022
Manager: ERM, Insurance & Compliance
National Youth Development Agency
06.2018 - 06.2019
Deputy Director: Enterprise Risk Management
Gauteng Department of Economic Development
02.2017 - 05.2018
Regional Manager: Enterprise Risk Manager
Transnet National Port Authority
07.2014 - 01.2017
Assistant Director: Enterprise Risk Management
Gauteng Provincial Treasury
09.2013 - 06.2014
Internal Control & Compliance Officer
Transnet Freight Rail
11.2011 - 08.2013
Intern: Enterprise Risk Management
Gauteng Provincial Treasury
05.2010 - 04.2011
Advanced Programme Risk Management -
University of South Africa
B-Tech: Internal Auditing -
Vaal University of Technology (VUT)
Postgraduate Diploma Risk Management - Accounting
University of South Africa
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