About FinMark Trust

Evidence that opens markets. Partnerships that expand opportunity.

We are an independent non-profit trust working to make financial markets work for people living in poverty.

Our purpose

Financial inclusion connected to the real economy.

FinMark Trust promotes financial inclusion and regional financial integration so that financial markets serve people who are currently excluded or underserved.

Our mission extends beyond access to financial services. We focus on economic inclusion and on building financial sectors that create meaningful value for individuals, micro, small and medium enterprises, and small-scale farmers.

Making financial markets work for people in poverty.

How we work

Two connected areas.
One shared purpose.

Rigorous demand-side evidence and financial sector development reinforce one another—turning insight into practical market change.

01

Data and analytics

We create and analyse financial services demand-side data to deepen understanding of served and unserved consumers across developing markets.

Explore our data
02

Programmes and research

We address regulatory, supplier and market-level barriers that limit the effective provision and use of financial services.

Explore our programmes

Strategic direction

A focused framework for meaningful impact.

Every FinMark Trust project contributes to at least one strategic priority and may advance several priorities at once.

5Key priority areas
4Cross-cutting priorities
  1. Women and youth empowerment

    e.g. Gender Diagnostics, Gender Data for SADC Regulators/FSPs

  2. Growth and resilience of smallholder farmers and MSMEs

    e.g. Supplier Development, Informal MSMEs, MSME Investment Platform, Green Finance/Climate Change

  3. Regional financial integration, trade and financial inclusion

    e.g. Remittances/capital flows, SIBE, SADC Data Portals, FI Coordination, SADC FI Strategy/M&E

  4. Local community empowerment through digitisation

    e.g. Community Digitalisation, Informal/Low-income Workers Income, Informal Cross-border Traders, Remittances

  5. Better livelihoods for social protection grant recipients

    e.g. Generating Better Livelihoods, MSME Investment Platform

  • Data and Analytics
  • Responsible Finance (Consumer Protection and Financial Literacy)
  • Informal Sector
  • Learning, knowledge codification and sharing

Our footprint

Anchored in SADC.
Connected globally.

Our programme work is centred in the Southern African Development Community, whilst our data and evidence contribute to a wider global agenda.

Southern African Development CommunitySADC Banking AssociationCommittee of Central Bank Governors in SADCCentral banks and ministries of financeMinistries responsible for small enterpriseTreasuries and national statistics offices
World map showing FinMark Trust’s footprint across Africa, South Asia, Southeast Asia and Haiti
Countries highlighted in teal show where FinMark Trust’s data, research and programme work has contributed to financial inclusion.

Our people

The team behind
the work.

Meet the people who drive our work and promote the values of FinMark Trust.

Brendan Pearce

Brendan Pearce

Chief Executive Officer

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Brendan oversees FinMark Trust’s strategic direction and operations. His leadership experience spans development services, sector education and training, agricultural finance, and international legal and regulatory affairs.

Grant Robertson

Grant Robertson

Chief Operations Officer

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Grant is an executive member of FinMark Trust with more than 25 years’ experience across research, data, finance and operations. He holds a master’s degree in research psychology.

Lesego Mashigo

Lesego Mashigo

Head: South Africa FI Programme

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Lesego leads FinMark Trust’s South African financial inclusion programme, directing initiatives that deepen inclusion, strengthen economic participation and support sustainable livelihoods.

Damola Owolade

Damola Owolade

Head: SADC FI

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Damola leads regional work on cross-border trade, remittances, financial integrity and financial inclusion monitoring. He brings more than a decade of sector experience and holds a master’s degree in econometrics.

Dr Kingstone Mutsonziwa

Dr Kingstone Mutsonziwa

Executive: Data and Analytics

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Kingstone leads the organisation’s research activities, including FinScope surveys and other data offerings across Africa and beyond. His research career spans large-scale analytics, research design and statistical modelling.

Shirley Jeoffreys-Leach

Shirley Jeoffreys-Leach

Head: Knowledge Management

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Shirley oversees knowledge sharing, communications, interactive platforms, and monitoring and results measurement. She is committed to evidence-based development and effective collaboration.

Jabulani Khumalo

Jabulani Khumalo

Senior Data and Analytics Specialist

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Jabulani has more than 20 years’ research experience and supports the design and implementation of FinScope surveys, providing technical assistance across the SADC region.

Abel Motsomi

Abel Motsomi

Senior Data and Analytics Specialist

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Abel is a Chartered Statistician who uses data and statistical evidence to inform policy and advance financial inclusion, with a focus on outcomes, resilience and financial wellbeing.

Dr Lungisani Dladla

Dr Lungisani Dladla

National Programme Manager Consultant

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Lungisani manages the Generating Better Livelihoods for Grant Recipients project. His experience includes public employment programmes, sustainable livelihoods, poverty alleviation and community development.

Bobby Berkowitz

Bobby Berkowitz

Senior Analytics Specialist

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Bobby has extensive experience in survey management and data analytics. He develops analytical tools that financial inclusion practitioners can adapt and apply in their own markets.

Tabitha Chamboko

Tabitha Chamboko

Data and Analytics Specialist

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Tabitha supports FinScope studies through stakeholder engagement, survey design, data cleaning, analysis and report writing. Her research interests include development finance and economic growth.

Matsiedi Malebatso

Matsiedi Malebatso

National Business Development Manager Consultant

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Matsiedi identifies business and partnership opportunities for the Generating Better Livelihoods programme, drawing on experience in enterprise, skills and community development.

Obert Maposa

Obert Maposa

Senior SADC Financial Inclusion Specialist

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Obert has more than 12 years’ experience in financial inclusion and MSME research. His work includes the development of MSME360, a diagnostic tool applied in Eswatini and Malawi.

Michael Dos Santos

Michael Dos Santos

Interactive Manager

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Michael develops user-friendly digital products and visual experiences that make large datasets useful to decision-makers. He has more than 20 years’ experience with web-based products.

Phumelele Ngcobo

Phumelele Ngcobo

Specialist in Programme Development and Implementation

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Phumelele leads a pilot that supports child support grant recipients through training, skills development, job creation, entrepreneurship and social empowerment.

Nicola Schoeman

Nicola Schoeman

SADC FI Specialist: Innovation Programmes

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Nicola manages innovation and technical assistance projects across the SADC region, with expertise in project management, data analytics, econometric modelling and applied research.

Vuyeya Segooa

Vuyeya (Vuyi) Segooa

Implementation Coordinator Consultant

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Vuyi oversees implementation of the GBL project across seven pilot sites in Gauteng, Free State and KwaZulu-Natal, bringing senior leadership and stakeholder management experience.

Dionne Solomons

Dionne Solomons

Writer and Digital Communications Specialist

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Dionne develops written reports and digital content for FinMark Trust. Her communications experience spans strategy, reputation management, public relations and content marketing.

Phathutshedzo Mukwevho

Phathutshedzo Mukwevho

Project Administrator: SADC FI

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Phathutshedzo coordinates schedules, budgets, resources and stakeholder relationships for the SADC financial inclusion programme. She holds an honours degree in economics.

Robert Jones

Robert Jones

Programmes Project Manager

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Robert coordinates projects across the programmes portfolio, covering project design, implementation, monitoring and reporting across regional and thematic initiatives.

Karabo Mothokoa

Karabo Mothokoa

Financial Inclusion Specialist

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Karabo leads the community digitalisation project, supporting inclusive digital payment ecosystems in low-income South African communities.

Akhona Mabasa

Akhona Mabasa

Junior FI Specialist: South Africa FI Programme

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Akhona conceptualises and implements financial inclusion programmes in South Africa. Her background includes research and programme implementation in rural communities.

Tessa Klaas

Tessa Klaas

Junior MEL Specialist

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Tessa works in monitoring, evaluation and learning, with a focus on marginalised communities, youth empowerment and meaningful social transformation.

Nqobile Blose

Nqobile Blose

Financial Inclusion Intern

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Nqobile is a community development practitioner with experience advocating for diversity, equity and inclusion across a range of underserved groups.

Lesego Modubu

Lesego Modubu

Project Admin Intern

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Lesego supports programme administration and coordination, including implementation tracking, financial compliance and stakeholder engagement.

Marlene Ehmke

Marlene Ehmke

Contracts and Account Manager

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Marlene provides project management, financial and human resources support, managing contracts, funder relationships and project delivery across the organisation.

Helen Mosito

Helen Mosito

Accounting Manager

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Helen delivers financial management, budgeting, analysis and reporting to support transparent decision-making and maintain FinMark Trust’s financial integrity.

Kholiswa Thobakgale

Kholiswa Thobakgale

Finance Officer

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Kholiswa supports the finance team in delivering integrated financial services, applying value-for-money principles and established organisational policies.

Pearl Motete

Pearl Motete

Data Analyst

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Pearl supports FinScope survey design, data management, analysis and reporting, using economic research and data to help drive informed decisions.

Tumelo Ramapela

Tumelo Ramapela

Junior FI Specialist

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Tumelo is an agricultural economist focused on economic research, food security, industry transformation and inclusion for women-, youth- and black-owned agricultural MSMEs.

Charity Ndlovu

Charity Ndlovu

Office Assistant

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Charity provides essential support that keeps the organisation running smoothly. Her community work includes initiatives supporting women, girls and older people.

Sabelo Mabuza

Sabelo Mabuza

Eswatini Country Coordinator

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Sabelo brings more than 25 years’ finance-sector experience to financial inclusion work in Eswatini, including banking supervision, investment facilitation and project appraisal.

Florence Mohasoa

Florence Mohasoa

Lesotho Country Coordinator

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Florence brings more than 24 years’ public-sector development experience, including 15 years advancing financial inclusion and financial-sector development in Lesotho.

McEwen Champiti

McEwen Champiti

Malawi Country Coordinator

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McEwen leads FinMark Trust’s Malawi country programme. His experience spans central banking, financial-sector development and digital finance across Africa and the Pacific.

Blessing Mautsa

Blessing Mautsa

Zimbabwe Country Coordinator

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Blessing coordinates financial inclusion initiatives in Zimbabwe, combining project implementation, stakeholder engagement and quantitative and qualitative analysis.

Mamalala Palesa Sematlane

Mamalala Palesa Sematlane

Lesotho Country Coordinator

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Palesa has coordinated financial inclusion programmes in Lesotho since 2012, building strong relationships with government, the central bank and development partners.

Governance

Our trustees

Independent oversight and stewardship support FinMark Trust’s mission and long-term impact.

Cas Coovadia

Cas Coovadia

Chair

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Cas Coovadia is the Chairman of FinMark Trust. He was the Managing Director of the Banking Association South Africa and is currently the CEO at Business Unity South Africa (BUSA), He is a board member at National Business Initiative, African Union for Housing Finance and the University of Witwatersrand.

Ishmael Mkhabela

Ishmael Mkhabela

Trustee

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Ishmael Mkhabela has vast experience in community organising, corporate governance, housing policy formulation and implementation, community and city regeneration, fields that require stakeholder engagement, awareness raising, advocacy, disputes resolution, mediation and facilitation processes. He is the Chairperson of Steve Biko Foundation and Johannesburg Inner City Partnership as well as Deputy President of the South African Institute of Race Relations. He also serves as a board member of the Nelson Mandela Children’s Hospital Trust, Centre for Development Enterprise, Mbhetsa Academy, and Donaldson Trust.

Ethel Matenge-Sebesho

Ethel Matenge-Sebesho

Trustee

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Ethel Matenge-Sebesho is an experienced banker and financial services expert and has served on the board of FirstRand Limited. She continues to serve on the board of some subsidiaries of FirstRand Limited and Distell Group Limited. Until the end of 2017, Ethel was involved with establishing new markets for Home Finance Guarantors Africa Reinsurance in a number of African countries.

Vimbai Tsopotsa

Vimbai Tsopotsa

Trustee

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Vimbai Tsopotsa has considerable experience in the financial industry in South Africa and Zimbabwe, mainly in banking and ICT. She is a Trustee of FinMark Trust. She is also an executive director of Amaciko Film Investments (Pty) Ltd. She also serves as director of Aigle Finance and was formerly managing director of Venture Communications SA.

Lumkile Mondi

Lumkile Mondi

Trustee

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Lumkile Mondi is a senior lecturer at the School of Economic and Business Sciences of the University of the Witwatersrand in Johannesburg. He is a Trustee of FinMark Trust. He worked extensively in the African continent during his tenure at the Industrial Development Corporation (IDC) as an executive for eleven years and is a director of Gemfields Group Limited and Thelo Rolling Stock Leasing.

Capability Statement

From access to impact

Our purpose is to make financial markets work for people living in poverty by promoting financial inclusion and inclusive growth.

  • 43% → 22%Financial exclusion in SADC nearly halved between 2011 and 2025
  • 4.7%Average cost of sending USD55 across borders
  • 15.6mFormal remittances processed in the South Africa–SADC corridors in 2024
  • 23consecutive unqualified audits

Work with us

Exchange ideas. Build better markets.

Get in touch to explore how we can work together to advance financial and economic inclusion.

Contact us