Edward Kieswetter Wiki, Bio, Age, Wife, Children, Qualifications, SARS, Net worth
Edward Kieswetter Biography/ Edward Kieswetter Profile
Edward Kieswetter is a South African leadership scholar and practitioner and President of Da Vinci Institute. He was appointed as the Head of tax agency SARS by President Cyril Ramaphosa on 28th March 2019.
Edward is also a devoted Christian, in the 1980s he was a church official and presided over many marriages. He also conducted the church choir. He is also a former wine collector.
Edward is also an educator and after leaving Alexander Forbes he took a stake in a private university called the Da Vinci Institute of Technology.
Edward Kieswetter Age/ How Old Is Edward Kieswetter
Edward is 60 years old as of March 2019.
Edward Kieswetter Wife
He is married to Singaporean asset manager Frances Dydasco. At the time he worked as the CEO of Alex Forbes and used to commute between South Africa and Asia. He took early retirement from his role as CEO as it took a toll on him between working and travelling between continents to see his wife.
Edward Kieswetter Children
Edward has two children, sons who have a passion for music and together they have composed music over the years. His son Matheu Kieswetter is a well-known orchestra conductor. He married Glenda Han, a politician who represents the Workers’ Party in Singapore, in 2013.
Edward Kieswetter Education/ Edward Kieswetter Qualifications
Edward completed his industrial instrumentation apprenticeship at Athlone Technikon in 1981. He has a diploma in electrical engineering from the Cape Peninsula University of Technology. He later joined the University of Cape Town graduating with a postgraduate diploma in education majoring in engineering and mathematics education.
He has a bachelors degree in education from the University of the Western Cape as well as three master’s degrees; Master’s in education from University of Western Cape, an Executive MBA from Henley Business School and an M.Com degree in tax from North West University in Potchefstroom (2005).
Edward Kieswetter Career Highlights
- January 2010 – April 2016: Group Chief Executive, Alexander Forbes Group Holdings
- August 2004 – December 2009: Deputy Commissioner and Chief Operating Officer, South African Revenue Service (SARS).
- April 2000 – July 2004: Senior Executive & Director in the Banking Group, Firstrand Banking Group.
- January 1992 – March 2000: Senior General Manager, ESKOM.
- 1984 – 1991: Athlone Technikon: Lecturer & Divisional Head- Faculty of Electrical Engineering.
- 1981 – 1983: Caltex Refinery: Electronics $ Instrumentation Engineer.
- 1977 – 1982: Cape Town Municipality: Apprentice & Electronics Engineering Technician.
Edward Kieswetter Career
Edward Kieswetter Engineering
In 1977 Edward began his career as an engineer working as an electronics engineering technician for the Cape Town municipality until 1981.
Edward revealed that during his years as an engineer he acquired building skills on construction sites.
“I can work with my hands. I will never be unemployed because I can take a piece of timber and convert it to furniture. I can take a piece of metal and create a tool. I can take some bricks and mortar and build a house. I can work with my hands. Where did I learn that? I learnt that at school and through my apprenticeship.”
Edward Kieswetter Eskom
In 1992 Edward joined Eskom as a general manager becoming the senior general manager for generation and power station manager for eight years until 2000 to join FirstRand as a senior executive. In 1999 he was crowned the best boss in the country.
Edward Kieswetter Alexander Forbes
Edward was appointed as the CEO of Alexander Forbes, South Africa’s largest pension administration, in 2010. At the time of his appointment, the company was in crisis after it was accused of stripping the surpluses of retirement funds.
As the CEO of the company, he resolved he R950 million claim against the company. He also sold non-core assets and eventually oversaw the company’s successful listing in 2014.
Edward Kieswetter SARS
On 27th March 2019, President Cyril Ramaphosa appointed Edward Kieswetter as the Commissioner for South African Revenue Service (SARS) with effect from 1 May 2019 for a term of five years. Edward was recommended by Pravin Gordhan, the minister of finance.
After the appointment, President Ramaphosa said: “We have every confidence that Mr Kieswetter has the experience, integrity and skills required to turn SARS around by restoring revenue collection, redirecting operations toward innovation, developing future leaders for the organisation, and restoring SARS’ credibility and integrity.”
The appointment of @EdKieswetter as SARS Commissioner is smart and astute. Acting Commissioner Mark Kingon is a strong technocrat, but the job requires someone who can navigate the politics. Kieswetter used to run the SARs large business unit under Pravin Gordhan
— Bruce Whitfield (@brucebusiness) March 27, 2019
Edward previously served as Sars deputy commissioner from 2004 to 2009. He established units that specifically focused on high-net-worth individuals and large businesses. These units were dismantled by former SARS boss Tom Moyane in 2015. The units were responsible for the collection of more than 30% of the total tax income.
Edward Kieswetter Shoprite
In 2010 Edward joined the Shoprite board and has chaired the company’s remuneration committee since 2018.
Edward Kieswetter Transnet
Edward was appointed to the Transnet board in May 2018 and within six months the company’s CEO Siyabonga Gama was fired.
Edward Kieswetter Net worth
Edward’s net worth has not been made public yet.