Isaac Shongwe
(Independent non-executive Chairman)
M.Phil in Management Studies (Rhodes scholar at Oxford University)

Isaac is the co-founder and Chairman of the African Leadership Initiative, which is part of the Aspen Global Leadership Network. He founded the Young African Leadership Initiative to focus on leadership development of fellows between the ages of 25 and 35.

He also founded Letsema Consulting, which enabled him to create an investment company that built several successful companies. It was as a result of one of these investments, that Isaac joined Barloworld where he held various positions and became their first black executive director.

Morris Mtombeni
(Independent Non-Executive director)
BProc, LLB, B Juris, MBA (Finance), PhD Fellow (UP)

Morris is currently a lecturer in the University of Pretoria’s Gordon Institute of Business Science, a governance practitioner and a mass-tech entrepreneur.

Previously, Morris pursued a two decade executive level career in financial services where he, amongst other roles, served as Chief Executive Officer ("CEO") of a large investment management business and executive director of a large insurance based financial service company.  


Daniël Vlok
(Independent Non-Executive director)
BCom, MBA

Daniel ("Danie") has worked in merchant banking for at least twenty years and also gained a wealth of experience in the banking industry whilst employed at the South African Reserve Bank for five years.

Danie served as an executive director of Real Africa Holdings, as well as on the board and committees of all its subsidiary and investment companies. In addition he served as a non- executive director on the board and committees of a number of companies operating in the banking, life assurance, asset management, technology and engineering and manufacturing industries. 


Alethea Conrad
(Independent Non-Executive director)
BA, LLB, Management Advancement Programme (Wits Business School), International Executive Development Programme (Wits Business School and London Business School)

Althea ("Lea") has extensive experience serving on the board of a JSE-listed company and is well skilled in scenario planning on future policies, strategy development and implementation as well as developing governance frameworks. Whilst serving on the board of Oceana, Lea led the process to ensure that Oceana’s inclusion on the JSE’s Socially Responsible Investment Index was retained for 10 consecutive years. Lea also created and established the Oceana Empowerment Trust in 2006, through which more than 2 600 black employees now own 13.8 million shares in the Oceana group.

Lea is a member of the Institute of Directors of Southern Africa

Carmen Le Grange
(Independent Non-Executive director)
BCom, CA (SA), Post Graduate Diploma in Accountancy (Natal University)

Carmen has 22 years experience in auditing and consulting in the accounting profession and was previously a partner at PricewaterhouseCoopers Proprietary Limited (“PwC”). She has had operational responsibility for a number of partners and associate directors of PwC where her focus was the development of the strategy for growth, identification and development of resources and growing the value in the area of business resilience.

Carmen is a member of, the South African Institute of Chartered Accountants, the Independent Regulatory Board of Auditors and the Black Management Forum.

Executive directors

Enos Banda
(Chief Executive Officer)
BA (Fin Acc), Juris Doctor and LLM (with distinction)

Enos is an experienced investment banker who headed the African investment and corporate banking operations of Credit Suisse and HSBC. Enos is a founder shareholder of Cell C, a mobile network operator and the former CEO of Eskom Enterprises. He is the founder and Chairman of the Freetel Group, an investment and advisory firm that has advised on cross-border M&A transactions, project finance, and sovereign policy initiatives and transactions.

He is former Chairman of the South African National Electricity Regulator and has also served as Chairman of the Pebble Bed Modular Reactor company, which was a leading nuclear technology innovation company of the South African Government. He is a pioneering and founder member of the Southern African regulators association.

He is a member in good standing of the New York Bar and an Advocate of the Supreme Court of South Africa.

John Evans
(Chief Financial Officer)
(CA (Aus))

John has some 20 years experience in business advisory.

Previously, John worked for Deloitte Reorganisation Services in Edinburgh and then director of the Deloitte Corporate Finance team, in South Africa, with specific focus on restructuring and turnaround management projects. John founded RS Advisors and has worked on a number of restructuring and corporate finance assignments in South Africa, Europe and the Middle East. John was one of the joint business rescue practitioners on African Bank Investments Ltd ("ABIL"), together with Mr Dawie van der Merwe.