Directorate

Raoul Gamsu
CIG CEO
BAcc, CA (SA)

Raoul was responsible for leading the consortium which created and subsequently listed CIG. Prior to this Raoul worked in various corporate roles with Bidvest, Rebhold, Rebserve and Mvelaphanda, culminating in his appointment as COO at Rebserve and Mvelaphanda.

Ivor Klitzner
CIG Financial Director
BCom, CA (SA)

Ivor was instrumental in assisting with the listing of CIG in 2007. In 1993 he completed his articles with Ernst & Young and became financial director at Hallmark Hemdon Proprietary Limited, before leaving in 2000 to join M&IC Distributors Proprietary Limited, a subsidiary of Brandcorp Holdings Limited, before joining CIG.

Independent non-executive directors

Frank Boner
Chairman
CA (SA)

In 1998 Frank joined Global Capital Proprietary Limited, a boutique investment banking and private equity firm, where he is today CEO and sits on the board of all investee companies. Prior to this he served as managing partner of the accounting firm now called Horwath Leveton Boner. He was also formerly joint managing director of Reichmans Limited prior to its sale to Investec Bank, where he subsequently served as manager of the corporate asset-based finance division for a time. Frank is a non-executive director of Mazor Group Limited where he sits on certain board committees.

Kofi Bucknor
BSc (Bus Admin), MBA (Finance)

Kofi is the managing partner of private equity firm, Kingdom Africa Management, which evolved from Kingdom Zephyr Africa Management. He currently serves on the boards of Newmont Mining Corporation (US), Asset Resources Management (Nigeria), Saham Assurances (Morocco) and Baker Hughes Ghana Limited. He formerly served as a director of Ashanti Goldfields Corporation and Ecobank Transnational Corporation, and is a former chairman of the Ghana Stock Exchange.

Alex Darko
FCCA, MSc (MIS)

Alex is a seasoned executive and management consultant with over 30 years multi-industry experience in Europe, USA and Africa. He advises organisations on business and cultural transformation, change management and business strategy. He also coaches and mentors executives. Alex was previously group CIO at AngloGold Ashanti and finance director at Dun & Bradstreet Europe Ltd. He is currently a non-executive director of Barclays Africa Group, Business Connexion Group Limited, Mazor Group and Safintra (Pty) Limited.

Anthony Dixon
CA(SA), FinstD

During a 29-year career with Coopers & Lybrand (PricewaterhouseCoopers), Tony Dixon became regional chairman, KwaZulu-Natal and a long-serving member of the national executive and governing board. From 1995 to date Tony has held a number of directorships on major company boards including one of South Africa’s largest short-term insurance companies – Guardian National Insurance Company (before its merger with Santam) – and Allied Technologies Limited (Altech). Tony was the executive director of the IoD from 2004 to 2007. He is an acknowledged expert in corporate governance and for a number of years provided the secretariat role to the King Committee. Tony is presently an independent non-executive director of Santova Limited and South African Airways.

Robert Horton
CA(SA), BComm (Accounting and Information Systems) (UCT)

Robert worked in the Oil and Gas sector at Masefield in London where he was responsible for East African operations. In 1998 he moved back to South Africa and worked in corporate finance before joining a leading private equity firm. In 2010 he joined a pan-African private equity fund manager where he focused largely on West and North African opportunities. Since 2012 Rob has been investing funds into high growth opportunities on the African continent. He has served as a director of private companies in the building supplies, consumer goods, distribution and technology sectors.

Judi Nwokedi
BSocSc

Judi has a distinguished career in business and community development. She served as managing director of SABC from 2001 to 2005 and has worked at Motorola Sub-Saharan Africa and AREVA. She is today the vice chair of the largest pan-African film market, Sithengi and serves on the board of the University of Witwatersrand – Institute for the Advancement of Journalism, is chairperson of African Spirit Proprietary Limited and is chief operating officer at Tourvest.

Professor Kalu Ojah
BSc, MA (Finance), PhD

Kalu’s entire career has been in academia with his teaching focused on capital markets, financial institutional management, banking operations management, international finance, investment and innovation, emerging market and development finance, corporate finance, entrepreneurial finance, financial economics and international business. He has published over 50 peer-referred articles which have appeared in top international journals and handbooks.

Kevin Kariuki
PhD, FIET, CEng

Kevin is a power engineer with over 28 year post-qualification experience.  He is passionate about the development of privately financed infrastructure and has since November 2002 led the Industrial Promotion Services (IPS), for whom he is the Head of Infrastructure, in the development of privately financed infrastructure worth about US$2 billion.  Kevin doubles as the power global lead for IPS’s parent, the Aga Khan Fund for Economic Development.

Formerly the Chief Power Engineer/Consumer Affairs Manager for Kenya’s Electricity Regulatory Board, Kevin also previously served as the Chairman of the Kenya Civil Aviation Authority, a state corporation responsible for regulating the aviation industry, and providing air navigation services, in Kenya.