Following its AGM which was held last Wednesday, the South African Venture Capital and Private Equity Association announced the appointment of five new directors to fill the vacancies on its Board as a result of the tenures of Gloria Mamba, Kuhle Kuenen, J-P Fourie, Sonja de Bruyn de Sebotsa and Warren van der Merwe came to an end.
After a call for nominations in early September, Craig Beney of Convergence Partners, Craig Dreyer of Ethos Private Equity, Llundile Mdluli of Metier, Samatha Pokroy of Sanari Capital and Lelo Rantloane of Ata Capital were all appointed to the 13-member board.
“We warmly welcome these new directors and look forward to benefiting from the wealth of strategic and industry knowledge and experience that they bring to the Association,” said Erika van der Merwe, CEO of SAVCA.
Craig Beney is currently the Chief Operating Officer of Convergence Partners, which he joined from Phatisa in December 2012. According to the private equity firm’s website, he has two decades of experience in treasury, risk and capital management, having worked for a number of regulatory and financial institutions including the UK’s Financial Services Authority, Barclays Capital, UBS and Investec Bank.
Craig Dreyer has been the Chief Financial Officer for Ethos Private Equity, having joined the firm in 1998. Previously he had been a Partner and Executive Committee member at international auditing firm BDO. He has played an active role in South Africa’s Financial Services Industry, and has been a serving committee member for SAVCA since 1999.
Lungile Mdluli joined Metier in 2005 where she is a principal in the firm’s private equity team. She qualified as a Chartered Accountant in 2000, having served her articles at KPMG. Her career has included roles at WipCapital and she now is a key transaction executive at Metier, fund raising, preparing and evaluating investments for the Capital Growth Fund.
Samantha Pokroy is the founder and CEO of Sanari Capital, the private equity firm that specializes in investments in the lower- and middle-market in South Africa and a selection of other sub-Saharan African countries. She founded Sanari Capital in late 2013, following a 7-year career at Ethos Private Equity, prior to which she had worked for a Chicago-based private equity firm and as well as in investment banking and consulting in New York.
Lelo Rantlaone is the Chief Executive Officer of Ata Capital, which he founded in 2012 following a debt capital markets career which he began as a transactor with RMB and later became a transactor in Acquisition and Leveraged Finance. Prior to founding Ata, he was Deutsche Bank’s Head of Debt Capital Markets and Structured Debt.
The five new members take up their appointments with immediate effect.