The Independent Regulatory Board for Auditors (Irba) has named Ntlambi Gulwa its director of inspections, an important function that is key to the regulator’s statutory mandate to monitor the audit quality at professional services firms.
Gulwa, whose appointment is effective as of November 1, is a chartered accountant who holds the CA (SA) designation and is a registered auditor with 16 years of experience in both the private and public sectors. She joined Irba in 2016 as an inspector and was soon promoted to team leader of inspections, a role she has fulfilled since 2018.
In March 2021, Gulwa took up her current role in an acting capacity to replace Imre Nagy, the current Irba CEO who was in an acting CEO role at the time. After Nagy’s appointment as permanent CEO in September, the industry regulator immediately began recruiting to fill the director of inspections role.
“I have no doubt that she’s the best person to head the inspections team and her appointment couldn’t have come at a better time,” Nagy said of Gulwa’s appointment. “The team is ready and motivated … and I wish her well in her new role.”
Gulwa is a member of the Association for the Advancement of Black Accountants of Southern Africa (Abasa) and is one of the Irba representatives on Abasa’s national council. She is also involved in various projects that work towards improving audit quality in the auditing profession, with an overall aim of restoring confidence in the credibility of financial reporting and auditing.
In the media release announcing Gulwa’s appointment, Irba stressed that its management team was “diverse in both gender and race”, demonstrating its commitment to transformation. Irba said that its seven-member management team comprised two black women, one coloured woman, one white woman, one Indian man and two white men.
“This makes the Irba’s senior team 57% female and 57% BCI [black, coloured, Indian], thus demonstrating the Irba’s commitment to women and BCI empowerment,” the group said.
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