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03 August 2021 | Story Dr Nitha Ramnath | Photo Sonia Small (Kaleidoscope Studios)
Prof Hendri Kroukamp.

Prof Hendri Kroukamp, Dean of the Faculty of Economic and Management Sciences at the University of the Free State (UFS), has been selected as the 2021 recipient of the Donald C Stone Award from the International Association of Schools and Institutes of Administration (IASIA). The award pays tribute to individuals who have made outstanding contributions to IASIA through excellence in leadership and enhancing the image of the profession, as well as other distinguished service to the success of the organisation. The award followed a call for nominations and a recommendation process managed by the Stone Award Selection Committee, after which the Management Board endorsed the award to Prof Kroukamp for his contributions to the organisation and to the advancement of public administration in the world.

“I am humbled by the gesture; it is a real honour to receive the award. For me, this is a validation of the work that members of the organisation do to find solutions to the problems faced across all levels in the public sector,” says Prof Kroukamp. 

A dedicated public servant, Donald C Stone was the founder of the American Public Works Association. He is popularly recognised for his contribution to the implementation of the Marshall Plan, organising the executive office of the President of the United States, and the formation of action-oriented professional associations that serve global society. In 1961, Prof Stone was the founding member of the International Association of Schools and Institutes of Administration, an association of organisations and individuals whose activities and interests focus on education and the training of public administrators and managers.  IASIA is an entity of the International Institute of Administrative Sciences (IIAS). 

More about Prof Kroukamp
Prof Kroukamp is currently Dean of the Faculty of Economic and Management Sciences at the UFS (in 2018, he acted as Vice-Rector: Academic at the UFS, responsible for, inter alia, providing strategic leadership to the university and for the overall operational management of the academic portfolio of the university). He is a National Research Foundation (NRF)-rated researcher in the field of public administration and management, and a member of various national and international associations, editorial boards, and management boards. Prof Kroukamp is married to Tertia, a clinical psychologist, and they have two children, Dinki (29 years) and Hendri (27 years).

News Archive

Alumni in the financial sector: money talks!
2016-12-26

Description: Marina Marinkov Tags: Marina Marinkov 

Marina Marinkov, Economist at the
International Monetary

Description: Evangelina Nailenge Tags: Evangelina Nailenge

Evangelina Nailenge, General
Manager: Investment Institutions at
Namibia Financial Supervisory Authority.

Description: Vuyelwa Vumendlini Tags: Vuyelwa Vumendlini

Vuyelwa Vumendlini, Chief Director:
Global and Emerging Markets, National
Treasury.

Description: Meshach Aziakpono Tags: Meshach Aziakpono

Prof Meshach Azaikpono, Professor of
Development Finance, University of
Stellenbosch.

Description: Anton Nicolaisen Tags: Anton Nicolaisen

Anton Nicolaisen, Provincial Head for
the Free State Province, Standard Bank.

Where are they now?

On good days, most of us battle to set our personal finances straight,  let alone be responsible for a large enterprise. So we are extremely proud of the well-trained and talented Kovsie alumni who fill prominent shoes. Operating mostly away from the public eye, they make decisions to improve the economy on various levels. It is heartening to know that the UFS contributes to financial matters and training all across the globe.  

Marina Marinkov


Courses: BCom (Economics), BCom Hons (Money and Banking), and MCom (Economics) (2000-2004)
Current position:
Economist at the International Monetary Fund
Biggest career obstacle: I once worked for an organisation with poor leadership which negatively affected employee morale and job performance. It still proved to be a great learning experience, though. Bad bosses can teach us powerful lessons.
Best career advice:
Stop doubting yourself, work hard and be humble.
Fondest memory of UFS: Time spent on campus with my classmates, whether studying for finals at the library or just catching up between classes. The UFS was also my first employer and I have plenty of wonderful memories with colleagues at the Department of Economics.


Evangelina Nailenge

Courses: BCom Hons (Money and Banking) MCom (Money and Banking) (2005-2006)
Current position: General Manager: Investment Institutions at Namibia Financial Supervisory Authority
Biggest career obstacle: At times, being one of the youngest requires you to work twice as hard to earn your voice and cue at the decision-making table.
Best career advice: “Whatever your hand finds to do, do it with all your might, for in the realm of the dead, where you are going, there is neither working nor planning nor knowledge nor wisdom.” Eccl. 9:10
Fondest memory of UFS: Walking around the campus. Its well-manicured lawns and gardens had a calming effect in the midst of academic pressures. I will forever treasure the moment I first saw my name engraved in the walls of FGG, as the best postgraduate student for both 2005 and 2006.

Vuyelwa Vumendlini

Course: BCom Hons (Economics) (1996-1999)
Current position: Chief Director: Global and Emerging Markets, National Treasury
Biggest career obstacle: Doubting your own capabilities.
Best career advice: The sky is the limit, go for it all out, but most importantly, do something that you are passionate about it. It makes your work much more meaningful.
Fondest memory of UFS: Working as a tutor in my honours year and being able to help other students. I also enjoyed hanging out at Mooimeisiesfontein on Saturday afternoons.


Prof Meshach Azaikpono

Course: PhD in Economics (2004-2008) “The Depth of Financial Integration and its Effects on Financial Development and Economic Performance of the Southern African Customs Union Countries”. He received the Founders’ Medal for the best PhD dissertation in Economics in South Africa.
Current position: Professor of Development Finance, University of Stellenbosch.
Biggest career obstacle: I was fortunate to never have experienced a major career obstacle.
Best career advice: Pursue and focus on your passion.
Fondest memory of UFS: Being a part-time student, I had very limited interaction with the broader university environment. But I really enjoyed the support provided by the library staff and the staff from the Department of Economics. It was always like coming to see friends.


Anton Nicolaisen

Course: BEcon (1986-1989), MBA (1999-2003)
Current position: Provincial Head for the Free State Province, Standard Bank
Biggest career obstacle: Earlier in my career, I fell into a comfort zone and had to acquire the willingness to change.
Best career advice: Continuously challenge yourself to be the best possible person you can be, and run your own race. Learn through difficult times, and be open to change.
Fondest memory of UFS: Although I was not the biggest academic, I enjoyed interacting with lecturers … their stories and unique characteristics. Back then, I interpreted some as funny or awkward, only later did I realise how much I had learned from them. And of course, I’ll always remember the team spirit at athletics meetings and intervarsity.




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