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Meet the Team

Our Group of Professionals
All/Board/Executive/Management/Team

Phuthuma Nhleko

Chairman / Co-founder

Phuthuma was appointed as a non-executive director at BP PLC and Anglo American PLC in 2011, with other past directorships including the Nedbank...

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Phuthuma Nhleko

Chairman / Co-founder

Phuthuma’s energy and perseverance drives the group and management team. During his nine year tenure as CEO of MTN (the sixth largest company on the JSE), MTN’s market capitalisation grew from R20 Billion to well over R250 Billion. He holds a BSc Civil Engineering (Ohio State) and a Master of Business Administration (Atlanta). Phuthuma was appointed as a non-executive director at BP PLC and Anglo American PLC in 2011, with other past directorships including the Nedbank Group, Old Mutual SA, Johnnic Holdings, Bidvest Group and Alexander Forbes.

Kennedy G. Bungane

Chief Executive Officer

Kennedy has a BCom in Corporate Finance & Investment Finance, an MBA in Advanced Corporate Finance from the University of Pretoria and he...

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Kennedy G. Bungane

Chief Executive Officer

Kennedy is CEO of Phembani Group, which recently merged with Shanduka Group. Prior to Phembani, Kennedy was CEO and Chairman & CEO of Barclays Africa Limited (a member of ABSA Group) and held a number of executive and senior management positions at Standard Bank. He had 25 years experience in banking and was Chief Executive of Standard Bank of South Africa (SBSA) Corporate and Investment Bank. Kennedy has a BCom in Corporate Finance & Investment Finance, an MBA in Advanced Corporate Finance from the University of Pretoria and he completed an Advanced Management Program at the Harvard Business School. In addition to his position at Phembani, Kennedy is also a non-executive director of Kangra Coal (Pty) Limited and Lonmin PLC Board. Kennedy served as the founding Chairman of Credit Suisse Standard Securities, and Chairman of the Standard Bank Community Banking Unit. He served as National President of the Association of Black Securities & Investment Professionals and was one of ten negotiators in the formulation of the Financial Services Charter in 2003.

Sizwe Nkosi

Chief Financial Officer

Sizwe is the Executive Director: Finance at Phembani. His 15 years’ experience post completion of articles is predominantly in Mining experience...

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Sizwe Nkosi

Chief Financial Officer

Sizwe is the Executive Director: Finance at Phembani. His 15 years’ experience post completion of articles is predominantly in Mining experience includes coal, diamonds, phosphates and commodities trading. His most recent endeavour was driving the successful take-over of Memtar Limited, a JSE listed company where he held the Group CFO position, by Traxys Group, a USA headquartered company controlled by the Carlyle Group. He secured his CTA in the University of Natal (Durban), completed his articles with Ernst and Young and qualified as a chartered accountant in 2001. Sizwe also holds an MBA from the University of Cape Town Graduate School of Business.

Alex Otto

Chief Investment Officer

Alex is an Executive Director and Chief Investment Officer of Phembani, with responsibility for M&A and Infrastructure. Alex joined...

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Alex Otto

Chief Investment Officer

Alex is an Executive Director and Chief Investment Officer of Phembani, with responsibility for M&A and Infrastructure. Alex joined Phembani in May 2016 after 18 years’ experience in Investment Banking. He is a former Head of Principal and Structured Finance at Standard Bank’s Investment Banking Division, which role he held from 2012 to middle 2015. His vast experience over the past 12 years in Standard Bank’s Investment Banking Division also includes being Head of Mezzanine Finance, member of the Private Equity and Acquisition Finance teams as well as Head of Top Tier Coverage. Prior to Standard Bank, he was 4 years at Brait and before that at Citi Bank. As deal maker in Investment Banking he played a significant role in the merger of Phembani Group and Shanduka Group and was previously involved in Phembani’s 30% acquisition of AfriSam as well as other transactions and thus has a good knowledge and understanding of the Group and its investments.

Alan Schlesinger

Independent Non Executive Director

Alan has 40 years’ experience and achievement at senior level, in a broad range of business activities, including both corporate...

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Alan Schlesinger

Independent Non Executive Director

Alan has 40 years’ experience and achievement at senior level, in a broad range of business activities, including both corporate and operational responsibilities. He has had overall direct responsibility for businesses whose activities include manufacturing, wholesale distribution of industrial and consumer products, various aspects of the motor industry, large-scale furniture retailing, property and construction. Alan holds a B.Com degree and a Diploma in Advanced Financial Management. He has held various non-executive directorships, including over 10 years on the board of Shanduka Group (“Shanduka”). He has been chairman of the Shanduka remuneration committees member in investment committees and audit and risk committees of public and large private companies.

Benjamin Bao

Non Executive Director

Benjamin has been overseeing investment projects in infrastructure, energy, oil and gas, minerals and related investment funds...

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Benjamin Bao

Non Executive Director

Benjamin has been overseeing investment projects in infrastructure, energy, oil and gas, minerals and related investment funds at China Investment Corporation (“CIC”) Capital Corporation since 2015. He has taken the leadership in managing North American fund investments and private credit market investments at the Private Equity Department at CIC Benjamin graduated from Shanghai Jiaotong University in 1990. He started his career with China Construction Bank focusing on feasibility assessment of infrastructure projects. He was Head of the Export Credit department at Export-Import Bank of China, during his tenure there, Benjamin led and engaged in almost 100 financing projects on export credit. He was also a Director of China Transportation team, Manager of HSBC Northern China Area, and Vice President of HSBC Beijing branch

Chumani Kula

Non-Executive Director

Chumani joined Old Mutual Private Equity as Investment Principal in February 2008. Prior to joining Old Mutual Private Equity...

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Chumani Kula

Non-Executive Director

Chumani joined Old Mutual Private Equity as Investment Principal in February 2008. Prior to joining Old Mutual Private Equity, Chumani was a trainee accountant in the Old Mutual TOPP programme for three years. He holds B BusSC (Hons: Finance),BCom (Hons: Accounting) , CA(SA) and CFA Charter qualifications. Chumani currently serves on the boards of MoreCorp, Idwala (Alt), Actom (Alt), and Advisory Board of Ethos (Alt).

Jacko Maree

Independent Non Executive Director

Jacko stepped down as Group Chief Executive of Standard Bank in March 2013 after more than 13 years at the helm of Africa’s...

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Jacko Maree

Independent Non Executive Director

Jacko stepped down as Group Chief Executive of Standard Bank in March 2013 after more than 13 years at the helm of Africa’s largest bank which operates in 18 countries on the continent. Having retired as CEO, he remains employed by Standard Bank as a senior banker focusing on key client relationships. He holds a Bachelor of Commerce (cum laude) degree from Oxford University as a Rhodes Scholar where he graduated in 1980 with a first class M.A. degree in Politics, Philosophy and Economics. In January 2015, Jacko was appointed Chairman of Liberty Group. Jacko is Deputy Chairman of Business Leadership South Africa (BLSA) which represents big businesses and multinational investors. He is also Vice President of Business Unity South Africa (BUSA) which represents business on macro- economic and high level issues. Jacko is a member of the International Advisory Council of China Investment Corporation (CIC) and a former member of board of the Institute of International Finance and the International Monetary Conference. He is a non-executive board member of Shanduka Group (Pty) Limited.

Litha Nyonyha

Independent Non Executive Director

Litha played a leading role in restructuring and developing Financial Services Strategy for Worldwide African investments...

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Litha Nyonyha

Independent Non Executive Director

Litha played a leading role in restructuring and developing Financial Services Strategy for Worldwide African investments and NBC From 2001- 2004. On leaving Worldwide, Litha together with his current partners established Regiments Capital a black managed and controlled investment banking boutique house. He qualified as a CA in 1989 and holds a BCom and Honours in Accounting degrees from the University of Cape Town. Litha is also a Non-Executive Director serving on the boards of companies listed on the Johannesburg Stock Exchange namely; Kumba Iron Ore and explosives and Chemicals company AECI.

Moses Kgosana

Independent Non Executive Director

Moses is the founding member of KMMT Chartered Accountants, which merged with KPMG in 2002. Previously he was the Chairman...

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Moses Kgosana

Independent Non Executive Director

Moses is the founding member of KMMT Chartered Accountants, which merged with KPMG in 2002. Previously he was the Chairman of the Policy Board and Executive Director of Consumer Markets for KPMG South Africa. He was also the Chairman of KPMG Africa and a member of KPMG’s Europe Middle East Africa. He holds an Executive Development Programme from GIBS, is a qualified Chartered Accountant and has a Hons Bachelor of Accounting Science from UNISA. He sits on a number of boards, including Alexander Forbes Limited, Famous Brands Limited and Massmart Holdings Limited.

Paul Boynton

Non Executive Director

Paul is currently the CEO of Old Mutual Alternative Investments. He joined Old Mutual as the portfolio manager of the Old Mutual...

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Paul Boynton

Non Executive Director

Paul is currently the CEO of Old Mutual Alternative Investments. He joined Old Mutual as the portfolio manager of the Old Mutual Life Funds and then as Head of Investment Views. Paul served his articles with Deloitte and was an investment banker at Investec for 7 years. He holds a BCom, BSc (Hons), CA (SA), MBA, FCMA and CGMA qualification.

Roddy Sparks

Non Executive Director

Roddy is a former Managing Director of Old Mutual South Africa, having previously been General Manager Investments at Old Mutual.

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Roddy Sparks

Non Executive Director

Roddy is a former Managing Director of Old Mutual South Africa, having previously been General Manager Investments at Old Mutual.

He holds a B.Com , CA(SA) and MBA qualification.

He serves on the boards of Imperial Group, Truworths and Trencor, which are all listed on JSE. He is also a director of a number of unlisted companies. He chairs the advisory board of the College of Accounting at UCT and is a member of Foodbank SA, an NGO focussing on hunger relief.

Sindi Koyana

Independent Non Executive Director

Sindi is currently the Executive Chairperson of Advanced Capital and Chairperson of the Advanced Group of Companies...

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Sindi Koyana

Independent Non Executive Director

Sindi is currently the Executive Chairperson of Advanced Capital and Chairperson of the Advanced Group of Companies a group actively invested in mining services for growth. Her illustrious career included being Managing Director of Viamax Logistics (a subsidiary of the Transnet Group) Group CFO of Transnet, Executive Partner at Ernst & Young responsible for Quality &Risk Management. She is a qualified Chartered Accountant. She has served on a number of boards including Transnet, SAA, South African Institute of Chartered Accountants, MTN, SANRAL and Armscor which she also had to chair temporarily. Her current board positions include Adcorp, Altron Group, MTN Zakhele and Toyota SA.

Dr. Siphokhazi Koyana

Independent Non-Executive Director

Dr. Koyana is a Director of Siyazithanda Projects, a research consultancy she established more than a decade ago. She is also the Director...

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Dr. Siphokhazi Koyana

Independent Non-Executive Director

Dr. Koyana is a Director of Siyazithanda Projects, a research consultancy she established more than a decade ago. She is also the Director of Aspigon Training Solutions, a Skills Development and Training consultancy that facilitates the provision of the GED programme by various parties. She holds a BA from Smith College, Massachusetts, an MA from Yale University, and a PhD from Temple University, Philadelphia. Dr. Koyana has previously served as a non-executive director on the Boards of Shanduka Investment Holdings and the Transnet Foundation. She currently serves on the Board of Sasol Inzalo Public Limited and of Wings Travel Management.

Wayne Yao

Non Executive Director

Zhai is the senior Vice President at China Investment Corporation. Prior to that he worked as senior associate, China International...

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Wayne Yao

Non Executive Director

Wayne Yao is a Managing Director of CIC Capital Corporation (“CIC Capital”), a wholly owned subsidiary of China Investment Corporation (“CIC”). Mr. Yao is responsible for CIC Capital’s global investment in the metals and mining industry and management of its existing portfolio assets in the same sector.Prior to joining CIC Capital in 2015, Mr. Yao was a Managing Director at the Legal and Compliance Department of CIC since 2010. He has extensive experiences and knowledge in the legal aspects for the investment in public and private companies, post-investment management and compliance, risk management, corporate governance policies and various corporate matters. Prior to CIC, Mr. Yao was in private practice at leading international law firms in the United States (the “U.S.”) and the United Kingdom representing public and private companies in a variety of industries, mergers and acquisitions, private equity investments and financings, venture capital financings, strategic alliance and joint venture transactions, public and private offerings, and cross-border transactions. Mr. Yao received Master of Business Administration and Juris Doctor degrees from Kellogg School of Management and Pritzker School of Law of Northwestern University in the U.S., respectively.

Aman Jeawon

Chief Operating Officer

A Chartered Accountant by profession, Aman joined Pembani Group in November 2013 as the Finance Director...

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Aman Jeawon

Chief Operating Officer

A Chartered Accountant by profession, Aman joined Pembani Group in November 2013 as the Finance Director, before assuming the role of Chief Operating Officer in the recently amalgamated business of Phembani. Aman's portfolio includes being the executive lead for Phembani Group on all Energy and Power strategic portfolio matters. Aman has served on various external Executive Boards during his career, including Pension Funds, Property, Financial Services, Energy and Power, Oil and Gas and Mining companies. Currently he is a member of the Engen Ltd and South32 SA Coal Ltd Board of Directors. Prior to joining Phembani, Aman was the Group Financial Controller at Eskom Holdings Ltd and also involved in leading major restructuring and turnaround programs, both at Company and Industry levels. As a Senior Executive, he received the "Eskom Executive of the Year" award, for his strategic contributions. Before being appointed as the Group Financial Controller, he spent 10 years as the General Manager Finance at Eskom Distribution. He completed his external audit articles at Arthur Andersen & Co. and is a member of South African Institute of Chartered Accountants (SAICA), Investment Analyst Society of South Africa (IAS) and CFO Institute of South Africa.

Charlene Nyembe

Chief Of Staff

Charlene is an Executive Head at Phembani with the responsibilities of the Office of the CEO, Human Resources, CSI and...

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Charlene Nyembe

Chief Of Staff

Charlene is an Executive Head at Phembani with the responsibilities of the Office of the CEO, Human Resources, CSI and Communications. In her role at Phembani she serves as a Director as various Investee Companies and is the Chairman of the Umsimbithi Board. Before she joined Phembani she was a Senior Manager at Deloitte in Audit with clients in various industries. Her experience at Deloitte gave her exposure to Power, Telecommunications, Automotive, Sports and Non Profit Organisations. Charlene was also the Chairman of the Employment Equity Forum for Johannesburg Audit. She holds a Hons in Bachelor of Accounting Science and is a Chartered Accountant.

Chipo Pswarayi

Executive Head: Legal & Secretarial

Chipo is an Attorney with 11 years Post-Articles experience. After completing her articles she joined Harith Fund Managers...

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Chipo Pswarayi

Executive Head: Legal & Secretarial

Chipo is an Attorney with 11 years Post-Articles experience. After completing her articles she joined Harith Fund Managers (Proprietary) Fund, as Legal Manager, and later became Investor Relations and Communications Executive. Chipo went on to establish her own independent consultancy firm, trading under the name ‘Chipo’, where she provided legal, governance and secretarial, risk and compliance, and communications and marketing services to a range of public and private clients. This business led Chipo to Shanduka Group (Proprietary) Limited whom she later joined as the Group Company Secretary prior to the merge with Phembani. Chipo holds a BA LLB from the University of Cape Town.

Gavin Heron

Executive Head: Mergers & Acquisitions

Gavin is the executive head of Mergers and Acquisitions at Phembani Group. He was previously Executive Vice President in Principal...

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Gavin Heron

Executive Head: Mergers & Acquisitions

Gavin is the executive head of Mergers and Acquisitions at Phembani Group. He was previously Executive Vice President in Principal and Structured Finance in Investment Banking at Standard Bank Group. He has 13 years investment banking experience gained in Johannesburg and New York working in the African and Latin American markets across a wide range of industries. He has experience in raising equity, structuring and financing LBOs, BEE transactions, mezzanine finance transactions as well as managing and selling equity investments. He is a CA (SA) and CFA Charterholder.

Tony Murdoch-Eaton

Executive Head: Coal

Tony is a well experienced mining engineer at operational and senior management levels within the coal , platinum and...

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Tony Murdoch-Eaton

Executive Head: Coal

Tony is a well experienced mining engineer at operational and senior management levels within the coal , platinum and gold businesses of Southern Africa. His mining experience covers General Management of mine operations, Company Directorships and Project Management from feasibility phases to implementation levels. He has worked at Wankie Colliery Company in Zimbabwe , Anglo Platinum, Pamodzi Gold and Shanduka. He holds a Bsc Mining Engineering degree obtained from Wits University.

Irene Mkandawire

Enterprise Performance Manager

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Irene Mkandawire

Enterprise Performance Manager

Magda Booysen

Junior Company Secretary

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Magda Booysen

Junior Company Secretary

Molokela Modiba

Finance Manager

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Molokela Modiba

Finance Manager

Naka Hlagala

Project co-ordinator: HR, Sustainability & Transformation

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Naka Hlagala

Project co-ordinator: HR, Sustainability & Transformation

Siphe Dlavana

Financial Accountant

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Siphe Dlavana

Financial Accountant

Belinda Bunting

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Belinda Bunting

Dolly Sibeko

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Dolly Sibeko

G’lyn Ngona

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G’lyn Ngona

Lebogang Mohubedu

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Lebogang Mohubedu

Lindiwe Nkutha

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Lindiwe Nkutha

Lorraine Jagesar

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Lorraine Jagesar

Maria Mojalefa

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Maria Mojalefa

Priscilla Morudu

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Priscilla Morudu

Thandokazi Mququ

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Thandokazi Mququ

Tiny Maahlo

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Tiny Maahlo

Webster Khunou

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Webster Khunou