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He is currently Executive Chair of DNA Economics, Commissioner of the 1st & 2nd National Planning Commission, and serves as the Chair of Capital Harvest and the National Task Force on Impact Investing in South Africa.

Mr Masilela is a member of the Boards of the MultiChoice Group, MultiChoice SA, Alternative Prosperity Holdings, Future Planet Capital in London, Strate and CA Sales.

He has published and lectured widely and he is a public speaker and commentator.


Previously, Mr Masilela was CEO of the PIC, Head of Policy Analysis at Sanlam, Acting Deputy Director-General of Economic Policy in the National Treasury, and Director of Research for the Central Bank of Swaziland. He was also a member of the Boards of the South African Reserve Bank, the Government Employee Pension Fund, the Airports Company SA, as well as the United Nations Global Compact (UNGC). He was also Chair of the SA Local Network. Until recently, he was Chair of Economic Research Southern Africa, the Chair of Absa Asset Management and a Board member of the Avior Capital Markets Absa Financial Services, Eskom Pension and Provident Fund as well as the V&A Waterfront boards.

Mr Masilela is the founder of many initiatives such as the Financial Sector Charter Council, Social Security and Retirement Reform, UNGC Africa Implementation Agenda for the SDGs, and the Ratepayers Association network in Swaziland, amongst others.

Mr Masilela has won the Top 40 of Alan Paton Award in 2007 and ranked as the 14th influential player for the Sovereign Wealth Funds Institute, 2013. His most recent book, entitled “Larry, Simply Larry”, published in September 2018, is changing lives.


Mr Masilela holds a BA Degree in Social Sciences from the University of Swaziland, an MSc in Economic Policy and Analysis from Addis Ababa University as well as several professional certificates from Harvard University.