Musa Mabesa

Principal Executive Officer, GEPF

Musa Mabesa is Principal Executive Officer of GEPF, in the role since October 2020.

The Government Employees Pension Fund is Africa's largest retirement fund, managing pensions for more than 1.267 million active members and over 565 000 pensioners and beneficiaries. Its assets grew from R127 billion in 1996 to R2.69 trillion by March 2025.

In the job

  1. Announced that the fund had finished consulting National Treasury on asset-liability modelling, the first step towards aligning its strategic asset allocation with its liabilities. Source

  2. The fund granted a 3.5% pension increase from 1 April 2026, equal to inflation for the 12 months to 30 November 2025. Source

  3. Told the NCOP Select Committee on Finance that the fund had tightened oversight of the Public Investment Corporation through revised investment management arrangements and closer monitoring. Source

Career before

  1. South African Weather Service and South African Institute of Chartered Accountants, early work experience
  2. Articles with the Auditor-General
  3. from 2011Fund accountant, GEPF
  4. Head: Corporate Services, GEPF
  5. 2020Acting Principal Executive Officer, GEPF

Education

BCompt (Accounting); Master's degree in professional accounting, University of London; chartered certified accountant

Sources

  1. gepf.co.za
  2. businessday.co.za
  3. moonstone.co.za
  4. businessday.co.za

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

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