Phillip Jabulani Moleketi
Chairman: Board of Directors
Postgraduate Diploma in Economic Principles, MSc in Financial Economics, Advanced Management Programme
Between 1994 and 2004 Mr Moleketi served as a member of the Executive Council for Finance and Economic Affairs in the Gauteng province of South Africa, following which he served as Deputy Minister of Finance and also Chairperson of the PIC. He currently serves on various boards in South Africa.
Chief Executive Officer
BProc (Rhodes University), Harvard AMP programme (Harvard)
Tshepo Mahloele is the Chief Executive Officer at Harith General Partners, and one of the originators of the $630m Pan African Infrastructure Development Fund. He holds a BProc obtained from Rhodes University and also completed a Harvard AMP programme. Mr Mahloele previously headed the Corporate Finance and Isibaya Fund Division of the Public Investment Corporation (PIC) - the largest investment manager in South Africa with over USD90 billion under management. He is a recipient of three recognition awards from the Association of Black Securities and Investment Professionals (ABSIP) for his work, including the CEO of the Decade award (2014).
At the Public Investment Corporation, Mr Mahloele actively implemented the organisations’ Black Economic Empowerment (BEE) strategy which resulted in a number of new industrial entrants coming into the South African economy. In this regard, he concluded R13bn worth of transactions over three years. He developed a new strategy for the Isibaya Fund of the PIC and achieved a 45% return for the 2003/2004 financial year and 40% return for 2004/2005 financial year.
Under his leadership, Harith General Partners has actively acted as a catalyst for Africa’s development in the construction of various infrastructure assets including Main One undersea cable in Nigeria, Dark Fibre Africa cable company in South Africa, the Henrie Konare Bedie Bridge in Abidjan, Lanseria International Airport in South Africa, the Lake Turkana Wind Farm in Kenya, the Enfidha and Monastir Airports in Tunisia and Kelvin Power Station in South Africa, among others.
Mr Mahloele previously worked for Rand Merchant Bank as Manager of Corporate Finance and Credit Department, where he was among others, responsible for focussing on privatisation and developing the bank’s strategy for Black Economic Empowerment (BEE). He then joined the Commonwealth Development Corporation (CDC) as an investment executive where he oversaw an investment budget in excess of R700m per annum in South Africa. This role included examining and overseeing the bank’s developmental impact strategy. Mr Mahloele headed the Private Sector Investment arm of the Development Bank of Southern Africa (DBSA) managing a portfolio of R4bn with 12 high ranking project managers reporting to him. He improved the unit’s approvals from R320m to R2,1bn within one financial year. He increased disbursements from R300m to R870m during the 2002/2003 financial year. He also contributed to the DBSA’s strategy role in the New Partnership for Africa’s Development (Nepad) while cultivating relations with the various funders and project sponsors within the infrastructure financing environment.
Mr Mahloele holds directorships in various organisations which include the following:
Chief Investment Officer
B COMM (HONS) (Accountancy), Certificate in the Theory of Accountancy (CTA), Higher Certificate – Financial Markets
Mr Wessels joined the company from Absa/Barclays in 2007. He has a BCom Honours, Certificate in the Theory of Accountancy (CTA ), Higher Certificate Financial Markets. Before joining Harith, Mr Wessels had over 10 years of experience as Senior Consultant for Absa Capital and he was responsible for Project and Infrastructure Finance. Prior to this he occupied different positions (Business Consultant, Financial Manager/Director, Managing Director) in companies operating in the manufacturing and construction industries.
Lungile Constance “Zee” Cele
Independent Non-Executive Director
Zee practises as a Tax Consultant and Professional Accountant and has been running her Durban based company, TAX SOLUTIONS CC, since 1989. In February 2011, Zee’s company merged with an Accounting firm Garach & Garach, which has offices in Durban and Rosebank.
Zee holds a Master of Accountancy (Taxation) degree from Natal University. In 1995 she obtained the Executive Leadership Development Programme certificate from Arthur D. Little Management Education Institute in Cambridge, Massachusetts, U.S.A.
After graduating from Fort Hare University with a B.Com degree, Zee joined Unilever in Durban as a management trainee. She later obtained a Post Graduate Diploma in Taxation and an M.Acc degree from the University of Natal. She held a senior position at the office of the Receiver of Revenue before leaving to set up her own company. Problems in the workplace with understanding the tax system prompted Zee to co-produce two videos on the subject in 1991. She has also contributed a chapter on "Women and Tax" in the book “ SOUTH AFRICAN WOMEN TODAY”, published by Maskew Miller, Longman. In August 1999 Zee received the S.A Woman of the Year Award - Business Category (awarded by Shoprite/Checkers and SABC3). She was recognised for her achievements by the Durban City Council in 1999 when she became one of the recipients of the Mayor's Awards for Excellence.
Zee co-founded Sport For All Franchising (Pty) Ltd, a social franchising organisation that provides access to various sport codes in townships and rural communities.
She was a council member of the South African Institute of Professional Accountants (Formerly Institute of Commercial and Financial Accountants) from 1998 to 2003. She served on the board and Audit Committee of Eskom Holdings Ltd from 2005 to 2011. Zee currently serves on the boards and Audit Committees of the following listed companies: Hulamin Ltd, Efficient Financial Holdings Ltd and Combined Motor Holdings Limited. She also serves on the boards of Trade and Investment KZN (also Audit Committee Chair), Avbob, and of High Footprint Management (Pty) Ltd, a company that manages uShaka Marine World.
Zee is a commercial member of the Tax Court and has been a member of the Standing Advisory Committee on Company Law until March 2011.
She is married to Bongani and they have 3 grown up children.
Independent Non-Executive Director
MBA (Stanford University Graduate School of Business), MSc in Nuclear Physics, BSc Honours
Mr Olivier has over 22 years’ experience in the computer industry, and more than 16 years’ experience in remuneration, human resources and strategy consulting. He is currently Managing Director of Synchrona Leadership Strategies (Proprietary) Limited and serves on the remuneration committees of various institutions in South Africa.
Independent Non-Executive Director
Dolika Banda is a Zambian national and has over 25 years’ experience in capital markets development, served with Citibank, Barclays Bank, International Finance Corporation (“IFC”) and the UK’s Commonwealth Development Corporation (“CDC”). With a focus on banking and finance, her international banking and financial management experience combines operational investments as well as policy advice. She has worked across the globe, including Africa, Latin America and the Caribbean, Europe, Central Asia and the United States of America.
Today, Dolika is an independent providing consultancy services to companies interested in investing long-term capital in sub-Saharan Africa, largely leveraging her experience in financial institutions. Amongst her current list of clients is the UK’s Commonwealth Development Company (“CDC”) where she serves a Regional Director for Africa, FOCUS Financial Services Zambia, Group Chair and Pan Africa Capital Growth (an emerging market investor based in the USA), Advisor and Board member of the PACG’s commercial bank in Liberia.
Dolika is based between London, Johannesburg and Lusaka. CDC is aware that Dolika may from time time undertake other responsibilities in her personal capacity.
Prior to joining CDC in 2013, Dolika was Director of Financial Markets for the World Bank subsidiary, International Finance Corporation ("IFC") where she had responsibility for all financial markets activities across sub-Saharan Africa, Latin America and the Caribbean, including a portfolio of over US$5bn, and some 250 projects. With the IFC for 16 years from 1996 to 2012, mainly based in Washington DC, she built a career working across different disciplines including risk management, treasury and financial markets.
Dolika began her career with Citibank and then Barclays in Zambia. She spent five years with Citibank where she held senior positions in credit risk management, treasury and financial control. At Barclays, she was heavily involved in the transition of the economy from government-held to private sector driven. She led Barclays' participation and contribution to Zambia's privatization process and is a signatory to the founding documents of Zambia's first stock exchange, LUSE.
Dolika is a conscientious, dedicated and motivated individual with over 25 years of seasoning in international banking and finance. Having invested so many years working on financial institutions around the world, she is committed to exploring other opportunities in sub-Saharan Africa. She is particularly driven by a multi-country mandate targeted at optimising intra-regional integration within Africa.
Dolika holds a Higher National Diploma in Banking from Anglia University, Cambridge and a Masters in Business Administration from Schiller University, Paris.
BTECH Business Administration, Bachelors degree in Human Resources Management, National Diploma in Police Administration
Patrick serves on the Public Investment Corporation (PIC) board as a Non-Executive Director and also serves on various other board committees within the PIC. His background includes serving in the Board of Trustees of the government Employees Pension Fund (GEPF), where he also served in the Benefits and Administration Committee as well as the Investment Committee as a Chairperson.
Patrick is currently holds office at the South African Police Service as a Deputy Director.
Independent Non-Executive Director
Msc Finance and Financial Law, Postgraduate Diploma in Economic Principles, BA Hons Development Studies, BA Education, Short Course in Private Equity, Member of the IoDSA
Arthur has a rich background which infuses both private and public sectors. He has held offices as a Progamme Manager, Deputy Director in the Office of the Premier, where he was directly responsible for the implementation of government strategy and programmes, among other positions. He has served as a Member of Parliament of South Africa (MP) and also chaired the Standing Committee on the Auditor General. Arthur has been a special advisor to the Minister of Public enterprises whip of portfolio committees on both energy and finance.
He currently serves as a Non-Executive Board Director for Kansai Plascon, SA Corporate Real Estate Fund, CEEF. Africa and Harith General Partners.
CA(SA), Certified Fraud Examiner
Roshan is the managing and founding partner of the Roshan Morar & Associates Audit and Accounting Practice. His experience includes all aspects of the corporate environment, with a special focus in Property Investments and Finance, Risk Management and Private Equity Transactions. Roshan has been involved in an advisory role on various successful start-up businesses and Black Economic Empowerment Management Buyouts among others.
Mr Morar has sat on the following boards and committees:KZN Provincial Government
KZN Gambling Board
Ithala Development Finance Corporation
He is currently a Non-Executive Director at Airports Company South Africa (Deputy Chairman), Public Investment Corporation (PIC) and South African National Roads Agency Limited (SANRAL)