Women of Influence: Nopasika Lila on running one of SA’s biggest pension funds

Nopasika Lila, the CEO and Principal Officer at Eskom Pension and Provident Fund, is breaking barriers and making history as the first black woman to head up one of the largest pension funds in South Africa. In a recent interview with CNBC Africa, Lila shared insights into her leadership approach and the strategic directions she is taking to navigate the challenges facing the fund. With assets under management reaching approximately 140 billion and a membership base of 85,000 members, including pensioners, active members, and beneficiaries, Lila's role is crucial in ensuring the fund's success. Despite the pressure that comes with being the first black woman in this position, Lila remains focused on delivering results and empowering both members and staff. She emphasizes the importance of education, empowerment, and evolution within the organization to cater to the changing needs of its members. Lila's vision for an empowered and member-centric fund is driving transformation and innovation in the industry, setting a new standard for pension funds in South Africa.