Associate Principal: Private Equity Rest of Africa - PUBLIC INVESTMENT CORPORATION (SOC) LTD
(2016-11)
- Source and evaluate cross-border investment opportunities across Africa in structured debt finance and private equity.
- Manage private equity transactions with deal sizes exceeding US$50 million per deal.
- Conduct industry and sectoral research analysis to inform investment strategy.
- Perform deal screening, preliminary appraisal, due diligence, negotiation, and structuring of equity and debt funding.
- Prepare and present investment submissions to Approval Committees.
- Coordinate implementation and legal processes for approved transactions.
- Manage investments over their full life cycle, including risk management, compliance, reporting, and facilitating exits from matured transactions.
- Liaise with promoters and sellers during transaction assessment and deal execution.
Interim CEO - AFGRI Poultry (Pty) Ltd
(2016-05 - 2016-12)
- Led a R2 billion turnover poultry processing company with a staff complement of 3,000 employees.
- Advised the Board on organisational operations, strategic direction, and policy formulation.
- Formulated policy and planning recommendations for the Board to guide long-term growth.
- Oversaw all operations, human resources, and financial and physical resources of the organisation.
- Supported Board orientation, self-evaluation, and the selection and evaluation of Board members.
- Acted as an interface between the Board, employees, and the community, championing organisational mission and stakeholder engagement.
- Advocated and promoted organisational change aligned to strategic objectives.
Associate Principal, Developmental Investments - PUBLIC INVESTMENT CORPORATION (SOC) LTD
(2014-05 - 2016-05)
- Sourced investment opportunities in Healthcare, Education, and Affordable Housing sectors.
- Performed deal screening, preliminary appraisal, due diligence, negotiation, and structuring of equity and debt funding.
- Prepared and presented submissions to Approval Committees.
- Managed investments over their life cycle, including risk management, compliance, reporting, and exit facilitation from matured transactions.
- Conducted industry and sectoral research analysis to support investment assessment and decision-making.
- Liaised with promoters and sellers during transaction assessment and execution.
- Coordinated implementation and legal processes for approved transactions.
Senior Manager: Quality Assurance and Due Diligence - PUBLIC INVESTMENT CORPORATION (SOC) LTD
(2008-01 - 2013-12)
- Established the Due Diligence Unit for the Structured Finance / Private Equity Unit.
- Developed processes and procedures for assessing new funding applications.
- Executed due diligence assignments on transactions ranging from R50 million to R6 billion.
- Conducted ESG assessment and measurement and assessed corporate governance and control environments.
- Advised Fund Principals on credit risk assessment and return measurements (IRR, Time money).
- Consulted with CEOs, CFOs, and COOs of client companies on funding requirements and conditions.
- Prepared submissions to Investment Committees and oversaw the work of external service providers.
Fraud Investigations - Financial Institutions
(2000-08 - 2008-11)
- Managed day-to-day forensic unit operations at Land Bank.
- Assisted in credit evaluations of agricultural development projects.
- Conducted rural development and regeneration studies on behalf of the Government.
- Developed Fraud Prevention Plans and managed credit risk for financial institutions.
- Implemented PFMA at Public Entities.
- Acted as project manager for fraud departments of client companies.
Lecturer - University of South Africa (UNISA)
(2001-02 - 2008-10)
- Lectured Financial Accounting to Honours and CTA students.
- Prepared study material, tutored students, and conducted study schools.
Practice as an Accountant & Auditor - Self-Employed
(1993-01 - 2008-01)
- Provided audit, financial management, internal control, tax, and general accounting services.
- Delivered planning, forecasting, and cost control services for property development clients.
Manager: Finance and IT Services - CORIS CAPITAL (PTY) LTD (Previously Iscor Pension Fund)
(1999-07 - 2000-07)
- Oversaw general administration, IT, and investment administration departments.
- Managed overall financial operations and supervised 30 personnel.
- Developed custodian agreements and managed assigned mandates from clients.
- Managed assigned client mandates and liaised with the FSB regarding requirements.
Regional Credit Risk Manager – Northern Region - BOE BANK
(1996-01 - 1999-12)
- Supervised personnel and risk management across fourteen branches.
- Managed and controlled the region's active finance book.
- Evaluated client risks and formulated risk profiles for each client.
- Analysed client financial statements, management style, and internal control systems.
- Advised branch managers on client management.
- Trained regional staff on risk and financial matters.
- Formulated credit risk policy and reported monthly to the strategic committee on risk matters.
Divisional Manager – Group Risk - SAGE GROUP LTD
(1995-01 - 1996-12)
- Conducted group-wide risk assessments and identified potential threats.
- Recommended and followed up on the implementation of controls.
- Managed fraud investigations and liaised with external auditors.
- Reported to the Assistant General Manager: Group Audit Services.
Accountant – Finance / Property Administration / Chief Accountant – Finance - CORIS CAPITAL (PTY) LTD (Previously Iscor Pension Fund)
(1990-01 - 1995-12)
- Supervised personnel across finance and property administration functions.
- Managed treasury services, budget control, cash budgets, general ledger, and investment administration.
- Prepared monthly management reports, monthly development reports, annual financial statements, taxation, and VAT returns.
- Managed systems control and development.
- Controlled capital expenses, credit control, and rent collection within property administration.
- Evaluated possible tenants and supported property portfolio administration.
- Managed foreign currency transactions and Reserve Bank approval applications.
Lieutenant - South African Military
(1989-01 - 1990-12)
- Managed unit army accounts
- Controlled the suspense account
- Corresponded with military units on account-related matters
Trainee Accountant / Audit Senior - THERON DU TOIT (PWC)
(1985-01 - 1988-12)
- Performed audits, provided taxation and accounting services, and managed audit assignments.
