IDT Cements Nsibande as CEO

Sifiso Nsibande appointed permanently following competitive selection process. Image supplied.

The Independent Development Trust Board of Trustees has officially appointed Sifiso Nsibande as Chief Executive Officer, effective 1 October 2026.

Nsibande previously guided the entity as Acting Chief Executive Officer for nearly a year, bringing over two decades of public and private sector leadership experience in finance, governance, and infrastructure delivery.

Before joining the trust, Nsibande served as Chief Financial Officer of the Construction Industry Development Board, where his fiscal discipline secured clean audits for successive financial years.

Board chairperson, Zimbini Hill, expressed full confidence in his capacity to drive institutional performance and sound financial management.

“Mr Nsibande’s leadership as Acting CEO has already resulted in tangible improvements in the organisation and his successful track record at CIDB, particularly in delivering a clean audit, gives us every confidence that the IDT is on the path to achieving similar results,” Hill remarked.

The leadership appointment signals a strengthened institutional commitment to operational excellence, enhanced stakeholder trust, and the consistent delivery of sustainable social infrastructure nationwide.