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Wendy Ackerman

Wendy Ackerman

Wendy Ackerman is one of the Founder and an Executive director of Pick n Pay Stores[7]. She is recognised by the South African Nature Foundation for outstanding achievement and contribution to environmental conservation and acknowledged by World Wildlife Fund, South Africa as a Diamond Custodian of Table Mountain. She is married to Raymond Ackerman and the union is blessed with four children and twelve grandchildren.[1][2]

Career Background

Wendy Ackerman was born in Cape Town, South Africa, and started out on her career path as a student at the famous University of Cape Town, followed by the University of the Witwatersrand and University of South Africa. In the early 1960s, she became a teacher at the English Academy in Soweto, and got involved in teaching English to black students at night school during her student years. Her introduction to business came when she joined her husband, Raymond Ackerman, in the retail company Pick n Pay Stores, which he acquired, and was appointed a Director in 1981, with a responsibility for employee liaison, employee benefits and their welfare. Wendy’s philanthropic journey began to take seed during this time[3]. Together with husband Raymond Ackerman, Wendy has been an outstanding entrepreneurial leader who has helped to drive change, growth, vision and innovation in the retail sector in Africa and she has helped build up one of South Africa’s pre-eminent FMCG retailers, consisting of over 450 stores including 121 supermarkets and 14 hypermarkets. Operations are in food, clothing, and general merchandise sectors as well as financial services. The company operates throughout South Africa, southern Africa and Australia and employs around 49,000 people.[2]

Personal Life

She has always been deeply involved in the promotion of education in South Africa, particularly in terms of providing access to education for the most needy and underprivileged in society. She became a trustee of the Ackerman Family Educational Trust which today assists students from all over South Africa with much needed bursaries to cover their tertiary education, providing them with greater access to opportunities. She is also a trustee of the Pick n Pay Bursary Fund which provides education assistance to the children of employees in the company. [3]

“We have several foundations in the family, but my particular interest has always been education and giving bursaries to those in need, and this has been going on for over 30 years.

If I was asked what South Africans can do in philanthropy,I would say that everybody can help, everybody can be a philanthropist.

It’s a very fancy word for helping your neighbour.”

-- Wendy Ackerman, Awardee, Inyathelo Award for Family Philanthropy 2007[4]

Wendy’s work amongst the underprivileged in South African society has also seen her becoming deeply involved in initiatives to provide proper housing for the company’s employees.

She has been instrumental in developing company-assisted housing schemes for staff in traditionally black and coloured areas across the country, one of the first being a housing development in Soweto which is now known as Wendyville.

Her legacy as both a leading and inspirational woman entrepreneur, and a highly committed philanthropist in South Africa and beyond, is a constant source of inspiration and motivation for generations of women entrepreneurs to come.

Wendy Ackerman's Networth

Wendy Ackerma is said to have a Net worth of $190.2 million according to Forbes in 2019 and that is why she featured in Forbe's Top 25 richest woman in Africa.[5]

Membership and Awards

  • Board Member of the Aids Foundation

  • Life Governor of the University of Cape Town Foundation

  • Trustee of the Cape Town Opera Trust

  • Member of the IPM (Institute of Personnel Management)

  • Woman of the Year: Union of Jewish Women in 1982

  • Paul Harris Fellowship Award: Rotary International in July 2000

  • Humanitarian Award: B’nai B’rith

  • Fellow of the Royal Society of Art

  • South African's Most Influential Women in Business and Government.[1][6]

References

[1]
Citation Linkwww.inspiringwomen.co.za
Feb 16, 2020, 6:53 AM
[2]
Citation Linkwww.lionessesofafrica.com
Feb 16, 2020, 6:53 AM
[3]
Citation Linkwww.lionessesofafrica.com
Feb 16, 2020, 6:54 AM
[4]
Citation Linkwww.inyathelo.org.za
Feb 16, 2020, 6:54 AM
[5]
Citation Linkwww.investing.com
Feb 16, 2020, 6:55 AM
[6]
Citation Linkwww.wynghs.co.za
Feb 16, 2020, 6:56 AM
[7]
Citation Linkwww.pnp.co.za
Feb 16, 2020, 6:57 AM
[8]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.com
Feb 16, 2020, 7:08 AM
[9]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.com
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[10]
Citation Linkywqaugeunhowzrcj.public.blob.vercel-storage.com
Mar 2, 2020, 4:14 PM