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27 November 2018 | Story Lacea Loader | Photo Sonia Small
Prof Francis Petersen
Prof Francis Petersen, Rector and Vice-Chancellor of the UFS.

On 24 October 2018, the Board of Universities South Africa (USAf) elected Prof Francis Petersen, Rector and Vice-Chancellor of the University of the Free State (UFS), as Chairperson of its Finance and Investment Committee. As Chairperson of this committee, Prof Petersen will also serve as member of USAf’s Executive Committee and as ordinary member on the Audit and Risk Committee.

“On behalf of the UFS Council, I wish to congratulate Prof Petersen on his election as Chairperson. USAf plays an important role in higher education and I am confident that Prof Petersen’s contribution as Chairperson of the Finance and Investment Committee will be of great value to not only USAf, but to the sector in general,” said Mr Willem Louw, Chairperson of the UFS Council.

According to Prof Petersen, his election as Chairperson and his membership of the Executive Committee and the Audit and Risk Committee will enable him to gain further insight into matters of national interest relating to finance and investment and it will give him the opportunity to represent USAf in its deliberations with government on the broader issue of fees and other related matters. “I am honoured by the election and look forward to support USAf’s initiatives relating to the portfolio,” he said.

Prof Petersen’s appointment as Chairperson of the Finance and Investment Committee is for a three-year term of office.

News Archive

Kovsies in top four in Global Business Challenge
2015-05-06

Photo: Mark Steenbok (Bloemfontein Courant) 

 

Christiaan Paulsen (team leader), Sias Conradie, Jannie de Wet and Frikkie Jacobs.

Four Kovsies in the Department of Mathematical Statistics and Actuarial Sciences are one of the top four teams in the Chartered Institute of Management Accountants’ (CIMA) Global Business Challenge. 178 teams registered to participate in the competition.

 

Team Bernoulli from the UFS will compete against two teams: one from the University of Pretoria and one from the Chartered Accountant Training Institute in Sandton. The winning team will win a trip to Poland, Europe to represent their university and country at the 2015 global final.

 

This international business competition is for undergraduates around the world, designed to bring out the best in the young business leaders of tomorrow.

 

Team leader, Christiaan Paulsen, said: “We are overjoyed to be in the final. However, our true success is in what we learned along the way”.

 

The team has to present a business case study, showcasing their talent in business management. During this competition, the team has

  • learned to analyse and solve a real-life business case study;
  • -obtained first-hand experience of the skills required to be a business leader;
  • enhanced their team building skills; and 
  • developed their presentation skills.  

Students from Australia, Bangladesh, China, Ghana, Hong Kong SAR, India, Indonesia, Ireland, GCC, Malaysia, Myanmar, Nepal, New Zealand, Nigeria, Pakistan, Phillipines, Poland, Russia, Singapore, South Africa, Sri Lanka, Thailand, Ukraine, United Kingdom, Vietnam, and Zambia are taking part in the competition.

 

This competition is organised by CIMA in conjunction with Barclays.

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