CHIEF EXECUTIVE OFFICER
Vuyisa has more than 15 years experience in investment banking and private equity. He is a chartered accountant by training having served his training contract with Price Waterhouse. Subsequent to his training which he completed in 1996, he joined Deutsche Bank in 1997 where he gained investment banking experience primarily in corporate and project finance advisory work over a four year period. He has in the past also served as the Financial Director of Worldwide African Investment Holdings (Pty) Ltd and Director at Actis LLP, where he was part of a team of three investment professionals responsible for Actis’ Black Economic Empowerment funding unit, the Actis Africa Indigenous Fund.
Jacob Hinson - Chief Investment Officer
CHIEF INVESTMENT OFFICER
Jacob joins KTH as CIO from September 2011. Prior to joining KTH he was a senior director at Actis LLP based in Johannesburg where he spent the last seven years. In addition to have concluded several transactions in South Africa, Jacob has been involved in transactions across emerging markets, most notably in West Africa where he led one of the first LBO’s in that market, East Africa, Brazil and China. While at Actis LLP he was also responsible for managing and co-ordinating the industrial sector focus across the various offices in Africa.
Jacob started his career in Corporate Finance initially within PwC’s corporate finance team and subsequently as a senior associate at Deutsche Bank’s corporate finance division in Johannesburg.
Jacob currently serves as a non-executive director of Actom South Africa (Pty) Limited. Jacob obtained his BCom degree from the University of Cape Town and completed his training as a chartered accountant with PwC. Jacob is a CFA charter holder and is registered with the CFA institute in the USA.
Frencel has more than 15 years experience in investment management. A chartered accountant by training, he headed the corporate finance department at the Development Bank of South Africa from May 2003 to November 2005. He has worked for African Merchant Bank Ltd and the Industrial Development Corporation and was then appointed as Investment Principal at Actis Africa Empowerment Fund. He joined the National Empowerment Fund (NEF) in January 2007 as the Chief Investment Officer, growing the NEF investment portfolio in excess of R1 billion. He was appointed as Group Financial Director of Kagiso Trust Investments in January 2011.
NON EXECUTIVE DIRECTORS:
Nkululeko was the Executive Chairman and co-founder of the Tiso Group. He is currently also a director of JSE Listed Aveng, Exxaro Resources Limited, Emira Property Fund as well as Litha Healthcare Holdings. Nkululeko is also Chairman of Idwala Industrial Holdings (Pty) Limited, Eris Property Group (formerly RMB Properties), The Home Loan Guarantee Company and The Financial Markets Trust. He also serves on the board of African Explosives Limited, and Alstom SA (Pty) Limited. Nkululeko was previously Executive Deputy Chairman of African Bank Investments Limited and prior to that Managing Director of the Mortgage Indemnity Fund (Pty) Limited. He holds a Masters degree from University of California, Los Angeles.
David was the Group Managing Director and co-founder of Tiso Group. He is a former Director, Chase Manhattan Limited, London; Head of the Chase Manhattan Bank, Southern Africa; Executive Director of Robert Fleming South Africa; and Head of Africa Corporate Finance at JP Morgan. He is currently Managing Director and a co-founder of Tiso Group. He also serves as a Non Executive Director of Idwala Industrial Holdings, African Explosives Limited, Aveng (Africa) Limited and Trident Steel. Outside South Africa, he is a Non Executive Director of Travant Capital Partners, a Nigerian-based private equity fund. He holds a BSc(Econs) Honours degree from the London School of Economics, University of London, and a Diplome de Langue et de Civilisation from the Sorbonne, Universite de Paris.
BA LLB (WITS UNIVERSITY)
Vhonani is the founder and Chief Executive Officer of Ideco Group Limited - a biometrics business listed on the AltX board of the JSE. An attorney of the High Court of South Africa, he worked for Edward Nathan & Friedland Inc. as an attorney in commercial law practice until 1997. Thereafter he started out in business where he has stayed until now. He serves on the boards of a few companies including, Businessmap Advisors (Pty) Ltd and ECD Projects (Pty) Ltd.
B.Com.(Law) degree, an L.Lb. degree, Higher Diploma in Tax and Higher Diploma in Company Law
Jan Dreyer completed articles at Edward Nathan Friedland Mansell & Lewis where he was admitted as an attorney in 1975. He then joined Hofmeyr van der Merwe & Botha as a corporate lawyer, became a partner in 1978 and the chairman of the firm in 1993. He retired at the end of 1999 by which time the firm had grown to the largest practice in South Africa at that time. It was also the first Black Empowered large firm in South Africa.In 2000 he joined Rembrandt Group Ltd as an executive director. Upon the split of that company into Remgro Ltd and Venfin Ltd, became a non-executive director of each of those companies. On 25 November 2008 he again became an executive director of Remgro. Jan was a non-executive director of Rand Merchant Bank Ltd and RMB Holdings Ltd, of that company. He was a non-executive director of Avis Southern Africa Ltd in 1997 and held that position until it was delisted pursuant to the Barlowrand takeover in May 2004. He assisted in privatising the air traffic and navigation services of the Department of Transport in August 1997 and served as a director of ATNS Ltd until July 2001
Dean Zwo Nevhutalu
Dean Zwo Nevhutalu is currently the Chairperson of Kagiso Trust (KT/the Trust) and has been involved with the since 1986. He is a pastor by profession and has spent a number of years working as the superintendent general of the Limpopo Provincial Department of Education. He has an in depth knowledge of the political landscape of education in South Africa – and has a passion for developing leadership in teachers in rural schools.
"Zwo" as he is affectionately known has acted as chairperson of the Independent Electoral Commission in Limpopo Province, as chairperson of the Institute of Contextual Theology and Educational Aid Programme, Transvaal branch. His involvement in community programmes includes being chairperson of Ecumenical Confessing Fellowship and also Educational Aid Programme Zwo was also involved in the monitoring of the DRC presidential elections. He is a member of the National Project Consolidate Advisory Working Group; chairperson of Kagiso Trust Consultancy and served on the boards of Transitional National Development Trust; CODESA; and Mulweli Counselling Centre.
His qualifications include a Diploma in theology, bachelor of theology; Honours in theology, LLB, LLB masters and certificates in Project Management, Effective Director Management and Public Finance Management Act.
Nthobakae (Nthobi) Angel
Ms Angel chairs a women's investment Group, TsaRona Investments, she is a director of Batho Bonke Capital, a trustee of ABSA Foundation and Kagiso Trust, a board member of Deloitte Chartered Accountants (SA). She has extensive knowledge of the African continent and is a director of the Southern African Research and Documentation Centre (SARDC). She is active in nature conservation and is a director of the Open Africa Initiative and the Peace Parks Foundation.
From 1994 to 1995, Ms Angel was the public affairs manager at Rhone-Poulenc Rorer SA (Proprietary) Limited. Thereafter she was appointed as general manager: Corporate Affairs at Engen Petroleum Limited, a position she held until early 2000, when she was appointed as executive director: Strategic Affairs at Engen.
From 2001 to 2003 Ms Angel was seconded to the Presidency by Engen, as Chief Operations Officer: Strategic Planning and Communications. She is one of the founding directors of Batho Bonke Capital, which holds 10% equity in ABSA bank. From 2004 to 2005 she was appointed as CEO of Mvelaphanda Resources. Her last full time employment was with Eskom, as Managing Director External Relations, she resigned June 2006 to focus on her role as Chair of TsaRona Investments. Ms Angel is fluent in seven languages including and Kiswahili.
Kgotso is the Chief Executive of Kagiso Trust. He is a well-known community development activist and continues to play an active role in his hometown, Alexandra Township, in Johannesburg, South Africa. He was part of the team that planned and implemented a successful fund-raising campaign which resulted in partnerships between national, international donor agencies and the local private sector. The funds raised were used to develop and build a multi-purpose community facility, which is today an integral part of the overall development of Alexandra. Mr. Schoeman has worked as a trainer in the NGO and CBO sector for over five years in areas such as proposal wiring, managing community-based organizations, and addressing conflict in communities.
Paballo Makosholo (Alternate)
Paballo is a qualified Chartered Accountant (SA). He completed his Articles at KPMG and is currently the Chief Investment Executive of Kagiso Trust (“KT”). He has been involved with KT for over five years. During this time, Paballo has led the KT team in the refinancing of its investment in FirstRand. Paballo’s other qualifications include
Paballo’s primary role is to oversee the investments of KT and its finance operations.
He was previously employed at Rothschild SA and KPMG.
He serves on the boards of a few companies including, FirstRand Empowerment Trust and Johannesburg Housing Company
Babalwa Ngonyama is a business woman and the former Chief Financial Officer of Safika Holdings (Pty) Ltd. She sits on the boards and audit committees of Implats Ltd and Barloworld Ltd, she also sits on the board and chairs the audit committee of Evraz Highveld Steel Ltd. She was the Group Chief Internal Auditor of Nedbank Ltd., a Chartered Accountant and astute leader with highly regarded business acumen. In 2008 Babalwa completed the Women in Leadership Programme at Harvard University in Boston.
Having been an audit partner at Nkonki and thereafter in Deloitte’s Financial Institutions Services Team (FIST) division, her clients included banks, treasury, private equity, and stockbrokers as well as divisions of two of the Big Four banks in South Africa. She was also lead partner on the audit of one of the leading women’s financial services groups in the country.
In August 2008 she received an award as a BBQ business woman visionary in 2008. This award recognises her ability to surmount the impossible by achieving success while maintaining humility and willingness to serve people of South Africa as a mentor, guide and leader
Babalwa is a well-networked member of many associations and has made considerable contribution to driving awareness of women in the profession. Named in The Star – 2005 Twenty Top Women to Watch and selected as one of Enterprise Magazine’s 2004 Top Businesswomen of the Year.
Babalwa was the chairman of the Transformation Advisory Board of the firm which advises the executive committee on transformation issues, she was also the transformation champion for FIST, where she was responsible for setting transformation strategies and monitoring their effective implementation. Her dynamic leadership in this role included the successful organization of a national conference on transformation that dealt with changing perceptions and attitudes toward transformation, and developing a transformation strategy that had a buy-in from the business unit’s management. As a result, the strategy was successfully implemented with very tangible results.
In 2004 Babalwa formed part of a succession-planning work stream that advised partners, the board, and management on opportunities and core challenges facing the firm’s succession planning as well as recommending the ways in which to overcome these challenges and take advantage of the opportunities. In October that year she led new South African partners to the Global New Partner Seminar in Los Angeles, where she was also a facilitator.
Babalwa was the founding chairman of the African Women Chartered Accountants (AWCA) an organization focusing on accelerating the development and advancement of women Chartered Accountants; she currently is a member of its Advisory Board.
Babalwa was a member of the Education and Academic Review Committees of the South African Institute of Chartered Accountants (SAICA) and the former chairman of the Technical Committee of Transnet auditors (APF) in the 2002/2003 financial year.
Babalwa is a graduate of the University of Transkei. She qualified as a Chartered Accountant in 1999 after serving her article of clerkship at PDB Pretorius Dondashe in Umtata from 1995 to 1998. Her academic qualifications also include an MBA from Bond University in 2002 and a Higher Diploma in Banking law at Rau University (2003).
Babalwa’s career has included working for PDB Pretorius Dondashe in Umtata, Nkonki Sizwe Ntsaluba, and a major chemical and fuel company. She became the manager at PDB Pretorius Dondashe from 1999 to 2000. While with the company, Babalwa started a Business Services division, which rendered advisory services to clients on business and finance-related matters. She was also responsible for the overall management of the audit division of the firm.
While working in Umtata, Babalwa lectured in undergraduate accounting at the University of Transkei and was a board member and a chairman of the audit and finance committee of the Eastern Cape Development Corporation from 1999 to 2000.
At the chemical and fuel company in Randburg, Babalwa was responsible for the company’s property finance division. Her main responsibilities were to give financial advice to the Executive Committee and the Board on the investments to be made and continuous review and monitoring of the investments.
Babalwa participates actively in numerous national forums on economic growth and development.
She is married and blessed with three boys.
Shams completed his B Bus Sci degree in 1973, MBA in 1977 and B Com (Hons) in Business Data Processing at UCT in 1982. He has attended various portfolio/asset management courses and programs locally, in London and Geneva. Semi-retired in 2003 for health reasons, his career included being an Investment analyst for Norwich Union Life Assurance (1973-1975) and AGM (Investments), Colonial Mutual Life (1975-1987). He was an Executive Director (Investments) of Southern Life Assoc. (1987-1996), and Executive Director of Real Africa Holdings and CEO of Real Africa Asset Management (1996-2003).
Shams currently serves as the non-executive chairman of Coronation Fund Managers Limited and the Centre for Proteomics and Genomics Research, and as a non-executive director of Oceana Group Limited and Lungisa Holdings (Pty) Ltd. He is a Trustee for the UCT Foundation, Ukukhula Trust (UCT), Imvula Trust (Coronation) and a member of the Joint Investment Council - UCT.
Chartered Accountant (S.A.). Bachelor degree of Accounting, Honours degree in Accountancy and CTA.
Margo joined Remgro Limited in 2008 as part of Investments: Corporate Finance. Some of the companies she has previously worked for include Coronation Fund Managers Limited and Kagiso Asset Management.