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Themba Rikhotso | 4FactSake

Persons
Themba Rikhotso

Person of Interest

Themba Rikhotso

Resigned

CEOLand and Agricultural Development Bank of South Africa

Overview Impact Career Cases

R7.0 billion

Total financial exposure

Led Land Bank recovery and debt restructuring, reducing outstanding debt from R45B to R16B. Resigned February 2026 after three years.

Land Bank CEO (April 2023 to February 2026). Led the institution's recovery from its four-year bond default, concluding debt restructuring in September 2024. Reduced outstanding debt from R45B to approximately R16B (60%+ settled). Resigned February 2026.