TP Nchocho

Chief Executive Officer The Industrial Development Corporation

Mr Tshokolo Petrus Nchocho (TP) is the Chief Executive Officer (CEO) for the Industrial Development Corporation (IDC). He assumed this role on the 1st January 2019. He has over 20 years’ experience in the economic development finance and banking arena.

Prior to joining the IDC, he was CEO of the Land and Agricultural Development Bank (“Land Bank”) – a position he held since February 2015. Mr Nchocho’s career in economic development finance and banking spans over 20 years having previously served as a Group Executive at the Development Bank of South Africa (DBSA) – a portfolio which saw him manage the DBSA’s infrastructure project finance debt and equity investments.

He holds a BCom degree from the University of the North, a Master of Business Leadership (MBL) from UNISA School of Business, an MSc Finance (University of London-UK), as well as an Advanced Management Program (AMP) obtained from Harvard University.

His passion for socio-economic development has seen him serve on boards of some community-based organisations including the Youth Enterprise Society (“YES”), which is a non-governmental organisation based in Harrismith, Free State. At YES, he volunteered Business Advisory services to young entrepreneurs. He also served on the board of Yeast Housing Company, an inner-city housing section 21 company operating in central Pretoria/Tshwane