CUT had the privilege of honouring the Governor of the South African Reserve Bank, Gill Marcus on 11 March 2014. The Doctorate, Doctor Technologiae: Business Administration (Honoris Causa) was awarded in recognition of an exceptional record of her business related achievements, as well as her contribution to a demanding and challenging business sector. 

Marcus who grew up in Johannesburg where she attended Barnato Park High School for Girls, went on to study for a Bachelor of Commerce degree at the University of Witwatersrand and then decided to study Industrial Psychology, a degree which she completed while living in London. After the 1994 election she was elected to the National Assembly and quickly established a reputation for her efficiency in her position as chairperson of the Standing Committee on Finance. On 1 July 1999 she was appointed Deputy Governor of the South African Reserve Bank - the first woman to hold this position. Since 2009 she occupies the position of Governor of the South African Reserve Bank - also the first woman to hold this position. She also held a Professorship in Policy, Leadership and Gender Studies at the Gordon Institute of Business Studies (GIBS) in 2005 before going into business - initially as Chairperson of Western Areas mining company and later as Non-Executive Director of Gold Fields. 

In 2007 she also became Chairperson of the ABSA group. She has also served as the Chairperson of the Financial Services Board, as well as Chairperson of the Standing Committee for Revision of Banks Act. Her inspiration lies in the fact that she succeeded in the very demanding and challenging business sector through an attitude to serve rather than being served. She represents a living symbol of CUT’s Vision 2020. 

Governor Marcus capped by Dr Boet Troskie, CUT Chancellor. Professor Thandwa Mthembu formally handed over the doctoral certificate to Dr Gill Marcus. Professor Thandwa Mthembu, Vice-Chancellor and Principal; Dr Sylvan Seane, Chairperson of CUT Council; Dr Gill Marcus, and Dr Boet Troskie, CUT Chancellor. Graduation speech text | view video of Graduation Ceremony speech | view video of Graduation Dinner speech