The Institute of Directors (IoD) Lesotho has announced the appointment of former state Accountant General ‘Malehlohonolo Mahase as its new Chief Executive Officer, effective January 2026.
IoD Lesotho said in a statement this week that Mahase’s appointment marks an important step in advancing its mandate and supporting the implementation of Lesotho’s corporate governance reforms.
Established in 2003, IoD Lesotho is a membership body mandated to promote and strengthen good governance across the public and private sectors.
“IoD Lesotho is confident Mrs.Mahase is well suited to lead the institution, given her demonstrated commitment to integrity, transparency and accountability—principles central to good governance and to the IoD’s mission,” IoD Lesotho said in a statement.
It further indicated that Mahase brings extensive national, regional and international leadership experience to the role as she most recently served as Accountant General of the Kingdom of Lesotho, where she received plaudits for her stellar leadership upon her exit in late 2025.
Mahase has also previously held the position of Chief Executive Officer of the Lesotho Institute of Accountants (LIA). She is also the founding partner of Tirong Chartered Accountants, with a strong professional background in audit and assurance.
Her governance experience includes service on several boards and board committees, including the Public Officers Defined Contribution Pension Fund, the National Housing and Land Development Corporation (NHTC), and Queen ‘Mamohato Memorial Hospital, among others, the IoD said.
Mahase has represented Lesotho in key platforms that advance public financial management and professional standards, regionally and internationally.
She served on the Board of the Eastern and Southern Association of Accountants General, where she later rose to Chairperson.
She also served as a founding Chairperson of the African Association of Accountants General, a continental body of Accountants General. During her tenure at LIA, she represented Lesotho in regional and international engagements, including meetings of the Pan African Federation of Accountants (PAFA) and the International Federation of Accountants (IFAC).
IoD Lesotho noted that as Lesotho positions itself to compete in an increasingly fast-changing global environment shaped by technology, innovation and sustainability, the need for strong governance and ethical leadership remains critical.
“The country has taken a significant step forward through the development of its corporate governance code, the Mohlomi Code, which provides an important framework for responsible leadership, effective oversight, stakeholder inclusion and sustainable value creation.”
“IoD Lesotho invites corporate leaders, boards, professionals and government institutions to join the national drive to build a stronger governance culture. The Institute’s work includes membership registration, director and board development training, and providing a platform to help identify and deploy suitable board members.
“Its training is aligned to core Mohlomi Code principles, including: Effective leadership and oversight; Clear accountability and responsibility; Identifying and managing risk effectively; Stakeholder engagement and consideration of stakeholder interests; Intergenerational value creation through sustainable decision-making and resilience-building.”
Summary
- Mahase is well suited to lead the institution, given her demonstrated commitment to integrity, transparency and accountability—principles central to good governance and to the IoD’s mission,” IoD Lesotho said in a statement.
- It further indicated that Mahase brings extensive national, regional and international leadership experience to the role as she most recently served as Accountant General of the Kingdom of Lesotho, where she received plaudits for her stellar leadership upon her exit in late 2025.
- During her tenure at LIA, she represented Lesotho in regional and international engagements, including meetings of the Pan African Federation of Accountants (PAFA) and the International Federation of Accountants (IFAC).
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