Johannesburg – Anushka Bogdanov responds to JSE’s R500 000 high quality over pretend PhD allegations, citing inaccuracies and a scarcity of due course of, whereas reaffirming her dedication to governance and ESG management in Africa.
On Friday, the Johannesburg Stock Exchange (JSE) introduced it has imposed a R500,000 fine and a 10-year directorship ban on Anushka Bogdanov, a former non-executive director of EOH Holdings (now iOCO), for falsely claiming to carry a PhD in International Finance from the London Business School.
RELATED: JSE Fines Ex-EOH Director Anushka Bogdanov R500K For Fake PhD – The Bulrushes
Bogdanov served as an impartial non-executive director at EOH from June 2019 till her resignation in July 2020.
During her tenure, her curriculum vitae and a proper declaration to the JSE acknowledged she held a PhD in International Financial Management and Mathematics from the London Business School.
EOH subsequently found that Bogdanov by no means obtained the claimed diploma, main to an intensive JSE investigation.
Despite a number of alternatives to supply proof, Bogdanov did not substantiate her {qualifications} and ultimately admitted in late 2024 that her PhD was fabricated.
In a LinkedIn publish and forwarded to TechFinancials, Bogdanov wrote: “ I’m conscious of the SENS announcement printed by the Johannesburg Stock Exchange (JSE) on 25 July 2025 referencing my tutorial {qualifications}.
“The announcement incorporates a number of factual inaccuracies and misrepresentations.
“Anushka is a extremely certified governance and danger administration specialist with over three a long time {of professional} expertise in senior management positions in numerous monetary and growth establishments.
“She has submitted all supporting documentation from accredited establishments, together with her doctoral analysis, to the JSE in good religion and in full transparency.
“She is deeply involved by each the content material and the governance processes led to the announcement, together with the dearth of affordable alternative to reply previous to its publication.
“She has sought authorized recommendation and stays dedicated to participating constructively with all related events to make clear and resolve this matter.
“As a well-recognised danger administration and governance knowledgeable recognised far past South Africa’s borders and the pioneer of Africa’s first ESG AI-powered ranking and analytics platform, Anushka Bogdanov led the event of ESG on the African continent since 2017 at a time when the worldwide ESG panorama largely excluded African markets.
“Various ESG instruments have been conceptualised, constructed, and launched for Africa by Africans, and are actually utilized by a number of African establishments, enhancing market transparency, drive governance and accountable funding, and fight greenwashing.
“She stays centered on supporting sustainable growth, local weather resilience, and inclusive progress for the continent, particularly in a time when world reversals on local weather and variety demand daring management.”
Bogdanov additionally launched the podcast beneath titled: ‘Responding to the JSE SENS: Truth, Transparency & Africa’s ESG Future’
*This article first appeared in our sister publication Techfinancials.co.za
