Having been identified by the Nelson Mandela Foundation as a future leader in 2005, Aubrey was awarded the Nelson Mandela Scholarship, which saw him complete an MBA (cum laude) at the Leeds University Business School in the UK. He also recently completed a year-long International Executive Development Programme (IEDP) with University of Pretoria’s Business School (GIBS). Prior to joining the KZN Growth Fund, Aubrey was the Head of Equity Investments at the Development Bank of Southern Africa (DBSA) responsible for over R7 billion of Assets Under Management. He also spent years as a Corporate Finance Manager at Deloitte as well as an Investment Officer at the DBSA and KZN Growth Fund Managers. He has over 15 years’ experience in Investment Banking, Equity Investments, Corporate Finance and Entrepreneurship.
Aubrey has also served as an Advisory Board member on four global and regional private equity funds; viz. Emerging Capital Partners Fund III; African Agriculture Fund, MCI Value Partners Fund and the Women Private Equity Fund.
Bongie has more than 16 years’ working experience in the areas of Audit, Risk Management and Compliance in the Financial & Professional services industries. She has held various risk and compliance roles at FNB, KPMG and Deloitte prior to joining KZN Growth Fund. Her areas of expertise in risk management include Enterprise Risk Management, business continuity/ disaster recovery management, formulation and implementation of risk management strategies, risk identification, risk mitigation, risk monitoring, operational risk management reviews, process and policy formulation.
She holds a National Diploma in Cost & Management Accounting from the Walter Sisulu University, a certificate in Practical Project Management from the Unisa School of Business Leaders, a Postgraduate Diploma in Management from the University of the Witwatersrand and an MBA from Wits Business School.
After graduating from UNISA Mr Kasch gained over 15 years of experience in financial markets as an investor, structurer and trader in listed equity. He held positions at Rand Merchant Bank, the Public Investment Corporation and Nedbank Capital. He has extensive knowledge in equity investing, which led him to establish Opes Private Equity before joining the Growth Fund.
Mr Zondi graduated from the University of KwaZulu-Natal and served his articles at PricewaterHouseCoopers (PwC) and LMD Africa Chartered Accountants Inc. Prior to being appointed as Finance Manager of KZN Growth Fund in November 2015, Mr Zondi occupied various positions, namely Ferrero Agri SA(Financial Manager) & Bidvest Panalpina Logistics (Financial Risk Manager).
Bryan is a seasoned corporate finance and principal investments practitioner, who has developed a formidable track record and skills set. He has spent the past 17 years gaining a unique blend of finance skills through M&A advisory, internal corporate finance and development, and substantial principal investment and restructuring experience, having advised clients for and managed investment and divestment processes for Standard Bank Group, and gained international advisory experience at NM Rothschild.
He left corporate life to establish his own advisory and investment company, holds master’s degrees in Tax Law (Wits) and Finance (London Business School) and is a CFA Charterholder. Bryan has run a number of ultra marathons and multi day trail runs, and climbs mountains whenever time allows.
Mr Ndidi has over 10 years’ experience in investment banking and development finance, with transactional exposure across various economic sectors. His specialities, which include infrastructure financing and advisory, project and risk structuring together with financial modelling, complement the team’s skill set. He joined the Growth Fund from the Development Bank of Southern Africa where he was a Financial Analyst. Prior to that he was with Pamoja Capital, a corporate finance advisory firm with operations in Johannesburg and Nairobi.
Khwezi holds a BSc Chemical Engineering degree from the University of Cape Town. She also has a certificate in Financial and Risk Management from UNISA. Prior to joining the KZN GrowthFund, Khwezi was the project lead on the Durban Dig-out Port project for SAPREF. She hasexperience as a Transactor at RMB Ventures, the private equity division of First Rand Limited. She was involved in the full value chain of investing and has looked at investment opportunities from various industries. She also spent years as the head of investments and credit risk analyst at the Kwande Group and Nedbank, respectively.
Ms Mpembe holds a BCom (Hons) Business Management degree from the University of the Free State. Prior to joining the KZN Growth Fund, Nomcebo was an Investment Associate at the National Empowerment Fund where she gained extensive experience in the development finance sphere. She has exposure in a broad range of industries including primary agriculture, agro-processing, property & construction, textiles & clothing, tourism, manufacturing, and mining & beneficiation industries. She is well-rounded in development and project finance, due diligence investigations, financial modelling, structuring and execution.
Urvashi is an admitted attorney with over 20 years of in-house corporate legal expertise. Her career commenced at Business Partners then in Gauteng I worked at ABSA Bank (Commercial Properties), Diluculo Investments, National Empowerment Fund and Sasfin Bank.
Her legal knowledge and experience includes banking, corporate and commercial law, investment funding in various industries through hybrid instruments including equity and structured finance. As an in-house counsel she also conducts legal due diligence exercises, provides reliable and detailed legal opinions, identifies and mitigate legal risk , investigates and considers the impact of relevant statutes(and amendments thereto) on business as usual.
She has exposure in a broad range of industries including banking, financial services, property and construction, engineering, ICT, media, entertainment, manufacturing and mining industries.
Nothando Mabunda holds a BCom Accounting degree from the University of Swaziland and a BTech Credit Management from UNISA. Prior to joining the organization, Nothando was a Credit Risk Manager at Nedbank Business Banking.
She has also previously held other Credit positions within the Small, Medium and Corporate banking environments. She comes with a wealth of knowledge in Portfolio Credit and Risk Management from having engaged with clients from diverse industries.
Nerisha graduated from the University of KwaZulu Natal in 2004. She joined Deloitte in 2005 for her articles and was retained for a further 3 years as an Audit Manager. She later joined the KZN Growth Fund in 2011 as a Management Accountant including performing the function of inhouse Facility Agent to the Funds various projects.
Commencing April 2017, Nerisha was transferred to the investment function as Investment Monitoring Officer. Nerisha is responsible for the oversight of the funds investment portfolio.
Ms. Sikakana holds a B.Com degree from the University of Kwazulu Natal and a Management Diploma in Compliance Risk Management from UNISA. She served Articles with PricewaterhouseCoopers and worked post Articles at their New York Office under the Banking and Capital Markets audit division as an Audit Manager where her audit portfolio included hedge funds and private equity clients. In 2011, her Compliance and Risk career commenced with The Independent Development Trust where she worked for their Compliance and Risk division assisting Management with identifying and assessing regulatory compliance risks, ensuring monitoring through the compliance and risk systems and processes, providing compliance advice and reporting to Regulators and other Bodies. She has gained exposure in managing Compliance and Risk in a broad range of industries and joined KZN Growth Fund in October 2016 as Compliance and Risk Analyst.
Mr Khumalo holds a Bcom (Accounting) degree from UKZN and a Post Graduate Diploma in Applied Accounting Sciences from UNISA. He served his articles with the Office of the Auditor General South Africa in KZN and was retained as an Assistant Audit Manager at the AGSA head office (Pretoria). He has experience in public sector auditing; he has been involved in audits of government institutions including state owned companies.
With a natural flair for business, Sandile is a Founder of MagCapital, a company specializing in M&A, MBO, MBI, Capital Raising, and Advisory services. Sandile Magubane has solid experience in deal sourcing, deal structuring, and deal execution, due diligence, capital raising, financial modelling, valuations, investment reports, financial management, taxation and auditing.
Sandile’ s work experience spans over a 10 year period. Prior to joining the KZN Growth Fund Trust (KGFT), Sandile was an Investment Associate at the National Empowerment Fund where he gained extensive experience in debt, quasi-equity and equity finance, Acquisition Finance, Project Finance, Expansion Finance, Capital Markets Fund, and Liquidity and Warehousing.
He has experience as a Trainee Accountant at PKF, Investment Analyst at Business Partners, Provincial Investment Manager at Old Mutual and Head of Finance at Innovent Asset Rentals a company specialising in structured finance and asset finance.