Chris Newson
Acting Chair (Non-Executive Director)
Chris joined the Bayport Management Ltd (BML) Board of Directors as an independent director in mid-2019, and was appointed Group CEO of Bayport in January 2021. He qualified as a Chartered Accountant in 1987, completing his articles with KPMG. Chris spent 25 years with the Standard Bank Group, where he gained extensive leadership, management and governance experience, including roles as Chief Executive of Stanbic IBTC Bank in Nigeria and Regional Managing Director for West Africa. He concluded his tenure at Standard Bank with four years as Chief Executive of Standard Bank Africa.
In February 2017, he joined Investec Asset Management in the UK as Director: Private Markets.
Chris holds a Bachelor of Commerce degree from the University of Cape Town. He has previously served a Non-Executive Chairman of Distell International Holdings Limited and of the East Africa Character Development Trust, and as Non-Executive Director of Stanbic Holdings Limited, Stanbic Bank Kenya Limited and Equity Group Holdings (Kenya).
Alfred Ramosedi
CEO (Executive Director)
Alfred holds a BCom degree and an MBA and has more than 25 years’ experience in banking and financial services. He previously held senior positions at Nedbank and ABSA before joining African Bank in 2012 and Bayport in 2017.
After serving as Deputy CEO of Bayport South Africa, he was appointed CEO of Bayport South Africa in August 2018 and serves as an Executive Director on the Bayport South Africa Board. A Fellow Chartered Management Accountant (FCMA), Alfred previously served as Chairman of the Chartered Institute of Management Accountants (CIMA) South Africa for more than 10 years and was appointed Deputy President of CIMA in June 2025. He served as a CIMA UK board member for eight years and currently serves on the Board of the Association of International Certified Professional Accountants (AICPA).
Alfred’s career includes leadership roles such as Head of Private Bank, Head of Distribution and Group Executive: Sales and Marketing.
Vuyelwa Matsiliza
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.
Lerato Molefe
Independant Non-Executive Director
Lerato Molefe was appointed as Independent Non-Executive Director of Bayport Financial Services 2010 (Pty) Ltd and a member of the Remuneration Committee, effective 3 February 2025.
She holds a BSc in Chemical Engineering and is currently an MBA candidate. Lerato brings extensive experience in investment analysis, fund management, mergers and acquisition (M&A), and corporate
finance advisory.
Throughout her career, she has led and directed end-to-end M&A transactions across sectors including industrial, healthcare, manufacturing and social infrastructure, building a strong track record in structuring
and closing complex deals.
Lerato is a Founder and Director of KLOW Solutions, a firm that supports early-stage ventures and infrastructure projects by preparing them for investment readiness and facilitating capital raising and
transaction advisory services.
She has also held several Non-Executive Director roles across the investment and infrastructure sectors.
She is currently a director and a founder of KLOW Solutions, an entity which supports early-stage ventures and infrastructure projects and facilitates their growth through packaging them for bankability and providing capital raise and transactions advisory solutions.
Lerato has also held other Non-executive directorship roles;
– Board of Trustee member at National Empowerment Fund,
– Investment committee member AECI Limited;
– Employer appointed trustee on the AECI Limited Medscheme medical scheme.
Bryan Arlow
Non-Executive Director
Bryan is a Chartered Accountant with experience across the global banking sector.
He joined Bayport Management Ltd (BML) in 2004 and served as Bayport’s Group CFO for 11 years. During this time, his responsibilities expanded to include credit, risk, financial modelling, legal and compliance at Group level.
In May 2015, Bryan was appointed as CEO of Bayport South Africa.
In August 2018, he handed over the role to Alfred Ramosedi in order to resume a leadership role at BML as Group COO. In his current role, Bryan oversees the South African operation as Group Country Director and serves as a Non-Executive Director on the Bayport South Africa Board.
Mr Sibusiso Madondo
Non-Executive Director
Mr Madondo has more than 10 years of professional experience. He is currently employed as an Associate Fund Principal in the Public Investment Corporation’s (PIC) Private Equity and Structured Investment
Products division.
Prior to this role, he spent five years in PwC’s Corporate Finance division, focusing on valuations and mergers and acquisitions. Before joining Corporate Finance, he spent three years in the Metals and Mining
Assurance division at PwC Johannesburg, as well as six months in the Private Company Services Assurance division of the PwC San Francisco office.
His audit portfolio included several multinational JSE-listed companies across the mining, construction and manufacturing sectors.
Mr Madondo holds a Bachelor of Commerce degree, a Postgraduate degree in Accounting, and a Certificate in the Theory of Accounting (CTA) from the University of Johannesburg. He is a member of the South African Institute of Chartered Accountants (SAICA).
Stuart Stone
Non-Executive Director
Stuart, a Chartered Accountant and successful entrepreneur, served as Joint Group CEO of Bayport Management Ltd (BML) until December 2020.
He was a founding shareholder in several successful businesses including Credit Direct, a joint venture with African Bank Investments Limited [ABIL].
Following the sale of the remaining equity to ABIL, Stuart and his team joined the ABIL group and assisted in integrating various acquisitions and strategies. Stuart co-founded Bayport together with Grant Kurland.
Seapei Mafoyane
Independant Non-Executive Director
Seapei Mafoyane holds a BSc in Microbiology and an MBA, and is the Managing Director of Espy Advisory Services.
A forward-thinking leader in African sustainable development and entrepreneurship, Seapei brings more than two decades of corporate experience, embedding Environmental, Social and Governance (ESG) principles within organisational strategies. Her work supports economic growth alongside environmental stewardship and social accountability.
Known for her decisive leadership and collaborative approach, Seapei is an experienced Non-Executive Board member with strong cross-functional ESG expertise aligned to business strategy and governance
frameworks.
She previously served as Independent Non-Executive Director and Lead Independent for JSE-listed Rolfes Holdings, where she also chaired the Social and Ethics Committee until February 2020. Seapei currently serves on several boards, including Infinity Anchor Fund and JSE-listed SA Corporate Real Estate.
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