Directors

MASIBULELE DEM

Position: Independent Non Executive, Board Chairperson
Categories: DIRECTORS

Masibulele is a Chartered Accountant with extensive financial services and management experience. For over 20 years he has worked with leading financial services organisations including KPMG, Barclays, Standard Bank, Mazwe Financial Services, Africa Rising Capital and Hulisani. Roles that he has held include the following, Non-Executive Director and subsequently CFO at Mazwe Financial Services, Executive Director, CFO and Interim CEO at Hulisani, Non-Executive Director and Board Chairman at Rustmo Solar Farm, Non-Executive Director at GRI Wind Steel and an Alternate Director at Kouga Wind Farm.

Masibulele is passionate about finance and investments and adding value to the companies and entities that he is associated with.

He holds a B.Com(Hons) from the university of Natal and a B.Com(Accounting) from the university of Cape Town.

Independent Non Executive, Board Chairperson

MASIBULELE DEM

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ZANELE MDLEKEZA

Position: Independent Non Executive, Audit Committee Chairperson
Categories: DIRECTORS

Zanele holds a Bachelor of Science, Computer Science with Mathematics, from the University of Cape Town, an MBA and Masters in Corporate Strategy, both from Gordon Institute of Business Science.

Zanele is passionate about strategy design and execution, with over 15 years in the field. Although she started her career in technology, she later pursued roles in management consulting starting at Accenture and Burlington Strategy Advisors. Her later experience includes various senior and Executive strategy management roles mainly in Financial Services

Independent Non Executive, Audit Committee Chairperson

ZANELE MDLEKEZA

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Zandie Mlambo

Position: Independent Non Executive, Risk and Compliance Committee Chairperson
Categories: DIRECTORS

Zandie brings extensive consulting and hands on management experience. Her business knowledge spans a period of over ten years in management at

financial services, three years in mining private sector firms and three years operating her own consultancy business, consulting to a wide range of private

and public sector organisations, on corporate social investments, strategic communication, stakeholder engagement including, political risk assessment,

which assists organisation leadership on how to address complex issues affecting their organisations. She has experience in facilitation, consultation

and evaluation. Zandie has over five years being part of executive committees, and more than ten years providing secretariat to boards of trustees of Pension Funds.

Zandie’s has a record of successful planning and implementation achievement within both financial services and mining sector. Her experience in stakeholder engagement and public policy, which includes political risk assessment, policy advocacy and advising company executives allows, her to positively position organisations with broad stakeholder audience

Independent Non Executive, Risk and Compliance Committee Chairperson

Zandie Mlambo

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YOLANDE MOKHANTSO

Position: Chief Executive Officer
Categories: DIRECTORS, MANAGEMENT

Yolande’s career began at the Congress of South African Trade Unions (Cosatu) in August 1996. With a background in desktop publishing (DTP), her primary responsibility was managing the Federations’ publications, in the main she was responsible for the Federations flagship magazine, The Shopsteward. During her tenure at Cosatu she was elected trustee on the Cosatu provident fund. This role sparked an interest in pensions funds which she believes was the reason she crossed over to asset management.

After ten years at Cosatu she joined Umbono Capital in 2006 as Business Developer responsible for union clients. A year later she joined JM BUSHA Investment Group as Corporate Affairs Manager, a position she held for nine years. Yolande joined Balondolozi in March 2016 as Head of Marketing. She has been a member of the executive team since joining Balondolozi and became a director a year later in 2017. Yolande assumed the role of CEO at Balondolozi at the beginning of 2022.

Chief Executive Officer

YOLANDE MOKHANTSO

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PEDRO M SAMUEL

Position: Executive Committee Chairman
Categories: DIRECTORS, INVESTMENT TEAM, MANAGEMENT

Pedro completed his Business Science degree with Honours at the University of Cape Town, majoring in Finance and Economics, in 2000. Upon completing his studies he joined Prescient Investment Management as a trainee portfolio manager in 2001. Pedro was eventually tasked with managing their Index Funds and Dividend Yield Portfolio. In 2004 he joined Metropolitan Asset Managers where he managed and gave structure to their Absolute Return Fund. While at Metropolitan he grew the Absolute Return Fund by winning external mandates and was selected for the top portfolio management award in 2005.

A move to Johannesburg in 2006 saw him join the JM Busha investment group as a portfolio manager and shareholder. In 2008, Prescient Investment Management established a presence in Johannesburg and approached Pedro to head up that office primarily in a sales role, given his portfolio management experience, while he remained a member of their Investment Committee. Given his success at gathering assets he was later appointed Director at Prescient. Pedro set up BalondolozI Investment Services in 2010 and held the position of Managing Director and Portfolio Manager until 2021. His current role is Investment Committee Chairman.

Executive Committee Chairman

PEDRO M SAMUEL

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FANNUEL TIGERE

Position: Chief Investment Officer
Categories: DIRECTORS, INVESTMENT TEAM, MANAGEMENT

Fannuel holds a Bachelor of Business Science (BBusSci) from the University of Cape Town where he majored in Actuarial Science. He is also a CFA charter holder and holds thirteen exemptions from the Institute and Faculty of Actuaries in the United Kingdom.

Fannuel’s involvement with investments started whilst he was a final year student at the University of Cape Town in 2007. He conducted his honours research, in measuring developed market inflation, in conjunction with Prescient Investment Management. Upon completion of his Bachelor of Business Science degree, he eventually joined Prescient Investment Management as a fixed income analyst.

As an analyst, he regularly provided input to the portfolio construction process through general fixed interest and credit research. Over the three years at Prescient, Fannuel had vast exposure to the process involved in managing bond and cash portfolios. In January 2011, Fannuel joined Balondolozi investments as a Fixed Interest Manager. In 2014 Fannuel assumed the responsibility of leading the investment team as Chief Investment Officer. He is also directly responsible for managing Fixed Interest Funds.

Chief Investment Officer

FANNUEL TIGERE

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CHRISTOPHER PRATT

Position: Head of Research
Categories: DIRECTORS, INVESTMENT TEAM, MANAGEMENT

Christopher completed his Bachelor of Commerce (B.Com) in Investment Management (Cum Laude) from the University of Pretoria (UP) in 2013 as well as a B.Com Hons Investment Management Degree (UP) in 2014 which focussed on Portfolio Management, Asset Valuation, Advanced Corporate Finance together with a Research Report exploring the association between gender and the utilisation of information from the media to make financial/investment decisions for retirement.

In 2015 Christopher joined Balondolozi as a Trainee Portfolio Manager focusing on Fixed Income specialising in bonds research and implementation aspects of the research output and currently co-manages the bond portfolios under supervision of the CIO. While working at Balondolozi Christopher undertook to write all three levels of the CFA Institute examinations passing Level 3 in June 2017.

Christopher completed his Bachelor of Commerce (B.Com) in Investment Management (Cum Laude) from the University of Pretoria (UP) in 2013 as well as a B.Com Hons Investment Management Degree (UP) in 2014.

Head of Research

CHRISTOPHER PRATT

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Nobuhle Mhlanga

Position: Compliance Officer
Categories: DIRECTORS, MANAGEMENT

Nobuhle holds a Bachelor of Laws (LLB) degree from the University of Pretoria. She subsequently completed a Compliance Management course at the University of Cape Town, in May 2021.

In May 2020, Nobuhle joined Balondolozi Investment Services as a Compliance Intern, where she was responsible for conducting customer due diligence and compiling KYC documents, assisting in the review and updating of policies, arranging staff training as well as monitoring compliance with the regulatory universe and reporting findings. After completing the year long training as an intern, Nobuhle was then appointed as a Compliance Officer on a permanent basis in May 2021.

Compliance Officer

Nobuhle Mhlanga

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ZINTLE MJALI

Position: Executive Director
Categories: DIRECTORS

Zintle Mjali completed her under and postgraduate studies at the Nelson Mandela Metropolitan University. Zintle spent 2002 at the Nelson Mandela Metropolitan University as a junior lecturer.

She completed her articles with Brink Cohen Le Roux Incorporated, a boutique corporate law firm based in Houghton, Johannesburg. She continued with this firm and was admitted as an attorney in 2005.

In 2006, Zintle joined Cliffe Dekker Hofmeyr, a large full service corporate and commercial firm, based in Sandton, Johannesburg. Zintle was involved, as a consultant, in the panel discussions on the New Companies Act during the period 2003 ending 2006.

She spent a year (September 2006 to September 2007) as a foreign associate in the mergers and acquisition department of Skadden, Arps, Slate, Meagher & Flom LLP (New York office), a leading international law firm, where she was involved in a variety of U.S. based and cross-border transactions representing acquirors, targets and financial advisors.

On her returned, she joined McPherson Kruger Attorneys, a niche commercial practice based in Melrose Arch. She is a founding partner of Fredericks & Mjali Inc.

Zintle serves as non-executive director of Circuit Breaker Industries Limited (a member of the Ruenert Group of Companies), African Cables Proprietary Limited (a member of the Ruenert Group of Companies), Common Purpose (South Africa) NPC and John Deere (South Africa) Proprietary Limited, to

Executive Director

ZINTLE MJALI

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Investment Team

SANDELEE VAN WYK

Position: Portfolio Manager - Equities
Categories: INVESTMENT TEAM

Sandelee holds a Bachelor of Commerce (B.Com) in Economics and Risk Management, focussing specifically on financial risk management with regards to investment management, bank risk management and hedging of risks with the use of derivative instruments. Sandelee’s involvement with investments started during her years as a student, where technical and fundamental analysis was utilised to build a model portfolio.

In 2014, Sandelee completed her Honours Bachelor of Commerce (Hons. B.Com) in Risk Management, focussing on the application and decision making with regards to investment management, bank risk management and derivative instruments. She conducted her honours research on the impact of financial markets on economic growth.

In 2015, Sandelee joined Balondolozi Investment Services as a Trainee Money Market Portfolio Manager, where she manages three Cash Funds under the supervision of the CIO. Sandelee joined the equity investment team in 2017. Currently, she is furthering her education in Investment Analysis and Investment Management.

 

Portfolio Manager - Equities

SANDELEE VAN WYK

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ITUMELENG MOJAKI

Position: Portfolio Manager – Bonds
Categories: INVESTMENT TEAM

Itumeleng holds an undergraduate degree Bachelor of Commerce in Economics and International Trade, and a postgraduate degree Honours Bachelor of Commerce majoring in Risk Management, from North West University.

Upon completion of his undergraduate, as of 2013 after graduation Itumeleng worked as a financial planner at Sanlam from November 2013 till January 2015. In February 2015 he went back to University (North West University) to complete his post graduate degree Honours Bachelor of Commerce in Risk Management. Itumeleng conducted his Honours research, in “How the volatility of real interest rates and real exchange rates affect share returns from various sectors”.

Whilst completing his Honours degree, from August 2015. Itumeleng joined Balondolozi Investment Services as trainee Money Market portfolio manager, whereby he conducts economic research , run quantitative models on money pricing/spreads, fund reporting, cash sweeping and transaction (buying and Selling) of money market instruments and related derivatives. In 2016 he graduated from North West University, received his post graduate degree with a distinction for his Honours research (mini-dissertation), the Honours project was eventually printed by the University as one of their annual articles. Currently Itumeleng is furthering his education in the CFA course.

Portfolio Manager – Bonds

ITUMELENG MOJAKI

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Sindisiwe Mahlangu

Position: Portfolio Manager – Bonds
Categories: INVESTMENT TEAM

Sindisiwe holds a Bachelor of Commerce (B.Com) in Accounting from the University of the Witwatersrand.

In March 2021, Sindisiwe joined Balondolozi Investment Services as an Equities Intern, where she was responsible for conducting economic research, run quantitative models on price indices and interpreting technical, fundamental and behavioral equity charts to identify any trends or opportunities in the market. She also assisted in performing research on the ESG team.

She then joined the fixed income investment team in March 2022 as Bonds Portfolio Manager where she manages three inflation-linked funds under the supervision of the CIO and performs trading transactions (buying and selling) of bond instruments. Sindisiwe is currently doing an NQF 6 certification in Financial Markets and Instruments as part of Balondolozi’s skills development initiative. She hopes to grow further into her role and perform all her duties with diligence in meeting company goals.

Portfolio Manager – Bonds

Sindisiwe Mahlangu

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KARABO MATSEPE

Position: Analyst - Money Market
Categories: INVESTMENT TEAM

Karabo holds a Bachelor of Commerce (B.Com) in Accounting from the University of the Free State, from which she graduated with Distinction.

In March 2021, Karabo joined Balondolozi Investment Services as a Money Market Intern, where she was responsible for conducting economic research, running quantitative models on money market pricing/spreads and interpreting fundamental and behavioral money market charts to identify any trends or opportunities in the market.

She joined the Money Market investment team in December 2021 as a Trainee Money Market Portfolio Manager where she manages three Cash Funds under the supervision of the CIO, runs cash sweeping and transaction (buying and selling) of money market instruments. Karabo is completing her Post Graduate Diploma in General Accounting with the hopes of bridging into the CTA program and qualifying as a chartered accountant.

Analyst - Money Market

KARABO MATSEPE

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PEDRO M SAMUEL

Position: Executive Committee Chairman
Categories: DIRECTORS, INVESTMENT TEAM, MANAGEMENT

Pedro completed his Business Science degree with Honours at the University of Cape Town, majoring in Finance and Economics, in 2000. Upon completing his studies he joined Prescient Investment Management as a trainee portfolio manager in 2001. Pedro was eventually tasked with managing their Index Funds and Dividend Yield Portfolio. In 2004 he joined Metropolitan Asset Managers where he managed and gave structure to their Absolute Return Fund. While at Metropolitan he grew the Absolute Return Fund by winning external mandates and was selected for the top portfolio management award in 2005.

A move to Johannesburg in 2006 saw him join the JM Busha investment group as a portfolio manager and shareholder. In 2008, Prescient Investment Management established a presence in Johannesburg and approached Pedro to head up that office primarily in a sales role, given his portfolio management experience, while he remained a member of their Investment Committee. Given his success at gathering assets he was later appointed Director at Prescient. Pedro set up BalondolozI Investment Services in 2010 and held the position of Managing Director and Portfolio Manager until 2021. His current role is Investment Committee Chairman.

Executive Committee Chairman

PEDRO M SAMUEL

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FANNUEL TIGERE

Position: Chief Investment Officer
Categories: DIRECTORS, INVESTMENT TEAM, MANAGEMENT

Fannuel holds a Bachelor of Business Science (BBusSci) from the University of Cape Town where he majored in Actuarial Science. He is also a CFA charter holder and holds thirteen exemptions from the Institute and Faculty of Actuaries in the United Kingdom.

Fannuel’s involvement with investments started whilst he was a final year student at the University of Cape Town in 2007. He conducted his honours research, in measuring developed market inflation, in conjunction with Prescient Investment Management. Upon completion of his Bachelor of Business Science degree, he eventually joined Prescient Investment Management as a fixed income analyst.

As an analyst, he regularly provided input to the portfolio construction process through general fixed interest and credit research. Over the three years at Prescient, Fannuel had vast exposure to the process involved in managing bond and cash portfolios. In January 2011, Fannuel joined Balondolozi investments as a Fixed Interest Manager. In 2014 Fannuel assumed the responsibility of leading the investment team as Chief Investment Officer. He is also directly responsible for managing Fixed Interest Funds.

Chief Investment Officer

FANNUEL TIGERE

> Read Bio

CHRISTOPHER PRATT

Position: Head of Research
Categories: DIRECTORS, INVESTMENT TEAM, MANAGEMENT

Christopher completed his Bachelor of Commerce (B.Com) in Investment Management (Cum Laude) from the University of Pretoria (UP) in 2013 as well as a B.Com Hons Investment Management Degree (UP) in 2014 which focussed on Portfolio Management, Asset Valuation, Advanced Corporate Finance together with a Research Report exploring the association between gender and the utilisation of information from the media to make financial/investment decisions for retirement.

In 2015 Christopher joined Balondolozi as a Trainee Portfolio Manager focusing on Fixed Income specialising in bonds research and implementation aspects of the research output and currently co-manages the bond portfolios under supervision of the CIO. While working at Balondolozi Christopher undertook to write all three levels of the CFA Institute examinations passing Level 3 in June 2017.

Christopher completed his Bachelor of Commerce (B.Com) in Investment Management (Cum Laude) from the University of Pretoria (UP) in 2013 as well as a B.Com Hons Investment Management Degree (UP) in 2014.

Head of Research

CHRISTOPHER PRATT

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Support Team

FUNDISWA MASETI

Position: Administration Support
Categories: SUPPORT TEAM

Fundiswa Maseti is responsible for the reception area. She assists back office with general administration and ad-hoc tasks on a daily basis.

Administration Support

FUNDISWA MASETI

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