Nilza Mngomezulu is the CFO of Global Alliance Seguros Mozambique, a wholly subsidiary of the Absa Group Limited. Global Alliance is one of the largest insurance providers in Mozambique specialising in life, short-term insurance and pension fund administration.
She is one of the key players in driving the Absa’s strategy, which is growing within the African continent and increasing their market share. She also assisted in driving the company’s strategic initiatives to turn around the business from loss-making in previous years to profitability in 2018.
Nilza plays an active and collaborative role in the closure and remediation of open risk and compliance issues, which contributed to the improvement of the overall control environment and implementation of tighter controls and streamlined processes.
She is passionate about education and youth development which resulted in her founding the Phenomenal Women Foundation (PWF) a non-profit organisation. The organisation’s main objective is to address a range of social issues facing women from disadvantaged backgrounds, irrespective of race. There are currently 20 high school girls in the mentorship programme. As a mentor within PWF, Nilza utilises her life and working skills to instil the leadership skills to the younger generation.