Mr. Sizwe Errol Nxasana holds a BCom, BCompt (Hons), CA (SA) qualifications.
He started his career at Unilever. In 1989 he established Sizwe & Co, the first black-owned audit practice in Kwazulu Natal. In 1996 he became the founding partner of Nkonki Sizwe Ntsaluba now called SizweNtsaluba Gobodo which is the fifth largest audit firm in South Africa. In 1998 he joined Telkom SA as Chief Executive Officer and was responsible for its listing on the JSE and New York Stock exchanges. Sizwe was the CEO of FirstRand Banking Group since 2005 until he retired in September 2015. Sizwe serves as Chairman on various Foundations and Trusts. He is the founder and Chairman of the National Education Collaboration Trust. He was appointed Chairman of the NSFAS in August 2015.
Sizwe is now a social entrepreneur who recently founded Sifiso Learning Group which is establishing private schools in South Africa and is also involved in edtech, academic publishing and real estate.
Sizwe Nxasana has been conferred with honorary doctorates by the Universities of Fort Hare, the Durban University of Technology, the University of Johannesburg and the Walter Sisulu University.