Nkululeko is the non-executive Chairman of Kagiso Tiso Holdings (KTH), a leading South African Investment holding company with significant interests in the media, financial services and industrial sectors. He is also the Executive Chairman and co-founder of the Tiso Investment Holdings, a diversified Pan African investment holding company with business interests in South Africa and Ghana. Nkululeko has over 25 years’ senior executive experience in investment management and commercial leadership, with both listed and unlisted companies and specifically with owner-managed teams. He serves on JSE listed companies Grindrod Ltd, MTN Group Ltd and Tiso Blackstar Group SE (UK). He also serves as the Chairman of Bud Chemicals and Minerals, a subsidiary of the Bud Group, and he serves as non-executive director of Bud Group and IQ Holdings. In addition, Nkululeko serves on a number of not-for-profit organizations. He is a co-founder trustee of the Tiso Foundation and Chairman of the Housing for HIV Foundation based in Washington D.C. Nkululeko holds a Masters degree from the University of California, Los Angeles (UCLA).
Santosh is a qualified chartered accountant. Prior roles before joining the Private Equity division of the PIC, include being a member of the advisory division at EY. His experience extends to multiple asset classes, sectors and projects. Investment experience includes unlisted as well as listed securities, developed over a broad asset class which includes real estate, financial services and consumer facing sectors.
Bryan is a chartered accountant with previous experience across the global banking sector. He joined Bayport Management Limited in 2004 and, for 11 years, fulfilled the role of Bayport CFO. This role expanded to include credit, risk, financial modelling and legal and compliance at a Group level. In May 2015, Bryan was appointed as CEO of Bayport SA and in August 2018 he handed over the reins to Alfred Ramosedi in order to resume a leadership role in Bayport Management Limited as Group COO. The Group COO role includes overseeing the South African operation as group country director and serving as a non-executive director on the Bayport SA Board.
Chief Executive Officer
Alfred holds a B.Com degree and an MBA and has over 25 years’ experience in banking and financial services, having held senior positions in both Nedbank and ABSA before he joined African Bank in 2012 and Bayport in 2017. He is a qualified Chartered Management Accountant (CIMA) and a previous Chairman of CIMA in South Africa. Alfred’s career spans roles ranging from Head of Private Bank, Head of Distribution and Group Executive: Sales and Marketing. An experienced senior executive, Alfred has extensive experience in leading businesses. After a year as Deputy CEO of Bayport SA, Alfred was appointed as CEO of Bayport SA in August 2018 and serves as Executive Director on the Bayport SA Board.
Independent Non-Executive Director
Over a period of 30 years, Ms Matsiliza served South African society as a teacher, lecturer, central banker, development financier and non-executive director. Her wide-ranging skills and experience include economic research and policy application, strategy development and implementation, treasury management, credit insurance, enterprise and credit risk management, project finance, corporate finance, investment management, portfolio management and evaluation, and governance. Ms Matsiliza holds a BA honours degree in economics (cum laude) and a master’s in business leadership. She is a long-standing member of the Institute of Directors South Africa (IoDSA), which has awarded her Certified Director and Chartered Director designations. Ms Matsiliza is currently an active non-executive director of various companies and enjoys the company of her family and her two children, Kuselwa and Lilitha.
Stuart, a chartered accountant and a highly successful entrepreneur, was the joint group CEO of Bayport Management Ltd until December 2020. Stuart was a founding shareholder in several successful businesses including Credit Direct, a joint venture with African Bank Investments Limited [ABIL]. Upon selling the remaining equity to ABIL, Stuart and the rest of his team joined ABIL and helped bed down their various acquisitions and strategies. Stuart co-founded Bayport together with Grant Kurland.
Having joined the BML Board of Directors as an independent director in mid-2019, Chris was appointed Group CEO of Bayport in January 2021. He qualified as a chartered accountant in 1987 upon completing his articles with KPMG. A 25-year career in the Standard Bank Group followed, during which Chris gained extensive leadership, management and governance experience, as well as exposure to banking on the African continent, in positions such as chief executive of Stanbic IBTC Bank in Nigeria and regional managing director for West Africa. Chris concluded his tenure at Standard Bank with four years as chief executive of Standard Bank Africa. In February 2017, he took up a UK-based position with Investec Asset Management as director: private markets. Chris holds a Bachelor of Commerce degree from the University of Cape Town. He previously served as non-executive chairman of Distell International Holdings Limited and of the East Africa Character Development Trust; and as a non-executive director of Stanbic Holdings Limited, Stanbic Bank Kenya Limited and Equity Group Holdings (Kenya).