Farzana Badat

• Farzana Badat - Speakers
• Deputy Commissioner
• Financial Sector Conduct Authority (FSCA)

Farzana Badat is currently Deputy Commissioner at the FSCA. She was appointed to this role by the Minister of Finance on 1 December 2021 and is part of the Executive Committee responsible for overseeing the overall strategic and operational management of the FSCA.

Farzana’s financial sector experience spans multiple institutions, locally and internationally. She was previously Senior Policy Advisor responsible for conduct risk, financial technology and digital transformation at the International Association of Insurance Supervisors (IAIS) in Basel, Switzerland.

Prior to that, she was Divisional Executive for Conduct of Business Supervision and headed the Regulatory Frameworks and Insurance Conduct Supervision departments at the FSCA and its predecessor, the Financial Services Board. At a global audit and advisory firm, she led and participated in several financial sector, consumer protection and technology risk regulatory assessment and implementation projects across several financial institutions, including banks, insurers, and investment firms.

Farzana has an LLM specialising in constitutional, bioethics, and technology law (summa cum laude) from the University of KwaZulu-Natal as well as an LLM (International Law) from the University of Michigan Law School, USA. She recently completed the Harvard Business School’s Senior Executive Program Africa.