Erika van der Merwe, the high-profile Chief Executive Officer of the Southern African Venture Capital and Private Equity Association, better known as SAVCA, is stepping down from her role at the end of February next year as she relocates with her family to the Netherlands.
According to her LinkedIn profile, van der Merwe took the helm at the industry association in 2012, following a career in financial journalism which included stints at CNBC Africa and Moneyweb. An economist by training, she began her career at Old Mutual Asset Managers, providing analysis and forecasts for portfolio equity and bond portfolios.
Her successful tenure championing the private equity and venture capital industry while at SAVCA has contributed to a growth in the industry association’s membership and enhanced awareness of the positive impact and contribution private equity and venture capital investors and their investments have on businesses, communities and the broader economy.
“Erika has exceeded our expectations in this regard and has performed outstandingly, increasing SAVCA’s profile and fostering good relationships with all stakeholders, expanding its offering and membership, building a sound support team and establishing a strong financial base,” Dave Stadler, SAVCA’s Chairman, was reported as saying. “Indeed, an impressive performance and track record. We are truly sorry to lose her services…”
SAVCA has already embarked on the search for her successor. Van der Merwe will remain at SAVCA until the association’s annual conference takes place in Stellenbosch in February 2017.
Commenting on the news, Van der Merwe was quoted as saying “It has been an honour to serve this industry of vibrant, smart, principled and impactful people, whose decisions, influence and actions continue to advance the Southern African region and our continent.”