Chairman and Founding Partner
Andile is the controlling shareholder and non-executive chair of Convergence Partners. He was previously the Director General of the Department of Communications (DoC) for 8 and a half years up until the end of 2003 when he announced his intention to leave Government for the private sector. During his time in Government, Andile oversaw tremendous change in the South African technology and telecommunications landscape, both from the point of view of the diverse and advancing technologies on offer as well as advancements in the overarching regulatory framework.
Chief Executive Officer & Founding Partner
Brandon has run Convergence Partners since inception and was one of the founding partners. Prior to that he spent 5 years with Nedbank where he was head of Investment Banking and an Executive Committee member at Nedbank Capital where his areas of responsibility included Nedbank’s M&A, private equity and deal origination activities. Prior to joining Nedbank, Brandon was head of Corporate Finance and Project Equity Finance at FBC Fidelity (an empowered small cap bank) for 3 years where he was involved in a number of milestone BEE transactions. Prior to FBC Fidelity, Brandon spent 5 years in the Corporate Finance team of Anglo American.
Brandon serves on the boards of directors of a number of companies in the Convergence Partners portfolio as well as on numerous board sub-committees focusing particularly on strategy and finance issues. Brandon also serves on the board of the FTTH Council Africa.
Chief Financial Officer and Founding Partner
Stefan has been with Convergence Partners since inception and was one of the founding partners. Stefan has executive responsibility for deal sourcing, implementation and post-investment management and serves on the Convergence Partners Investment Committee and the boards of many investee companies. In addition he oversees the company’s financial management and middle office functions.
Prior to the formation of Convergence Partners, Stefan spend 5 years as a Senior Manager of Nedbank Capital Corporate Finance team. He was also previously employed at Brait and before that in PWC’s Johannesburg, Nairobi and London offices.
Idan has been with Convergence Partners since inception and was one of the founding partners. In addition to executive responsibility for deal sourcing, implementation and post-investment, Idan is responsible for portfolio management, capital raising and investor relations.
Idan serves on the Convergence Partners Investment Committee and on the boards of certain of its investee companies. Prior to the formation of Convergence Partners, Idan was a member of the Nedbank Capital Corporate Finance team for 4 years, during which time he advised on many M&A transactions and capital raisings, as well as several high profile BEE transactions.
Ik is the Principal responsible for Convergence Partners’ operations and investment activities across the West Africa region. He is based in Lagos, Nigeria.
Prior to joining Convergence Partners, Ik was a Vice President at Helios Investment Partners. His responsibilities included deal sourcing, completion, managing the due diligence, and implementing the strategic and operational plans to increase value post-investment. He also took on temporary roles as an executive member to support portfolio companies.
Craig is responsible for Convergence Partners wireless investments across the continent and new project development.
Prior to joining Convergence Partners, Craig was Chief Financial Officer of Seacom. As one of the inaugural members of the executive management team, Craig was instrumental in the start-up and development of the company, including establishing the regional set-up of the organisation across 7 countries. Prior to joining Seacom, Craig worked for Nedbank’s Africa Division, focusing on expansion strategies across the African continent.
Sihle is responsible for Convergence Partners wireless investments across the continent and new project development.
Prior to joining Convergence Partners, Sihle worked at Investec Corporate Finance for four years where she was involved in a number of M&A transactions, capital raisings and BEE transactions.
Ruveshan Moodliyar (B Acc, CA(SA))
Ruveshan supports the transaction team with project development and execution. His other responsibilities include assiting with investment management and reporting process, including valuations, performance benchmarking and portfolio reporting.
Prior to joining Convergence Partners, Ruveshan spent over 3 years at a boutique private equity and corporate finance firm focusing on M&A, capital raising and private equity in sub-Saharan Africa.
Strategic Services Team
Chief Strategy Officer
Envir oversees the research, regulatory, policy and strategic business development function. Envir serves on the Boards of certain of its investee companies.
Prior to joining Convergence Partners, Envir was the research development and funding manager of the Meraka Institute, a national institution aimed at improving the competitiveness of the South African information and communications technology sector through skills development, research and innovation, in addition to supporting the national priorities of using ICT for social and economic development.
Head: Investor Relations & Fundraising
Yolande is focused on capital raising initiatives and investor relations for the Fund and portfolios under management. Prior to this role, she was responsible for group financial management, investment performance monitoring and also assisted in capital raising. She also served on boards of certain CPPI investee companies.
Bontle is responsible for assisting in portfolio management, reporting and risk analysis, which includes valuations, portfolio performance tracking and risk assessment. Prior to joining Convergence Partners, Bontle worked at Vunani Securities as an equity research analyst covering the construction and materials sector.
Financial and Management Accountant
Mark oversees the financial management and Middle/Back office activities for Convergence Partners.
He completed his studies at the University of the Free State. Subsequently he completed his articles at PricewaterhouseCoopers in Johannesburg and is a qualified chartered accountant.
Lindokuhle oversees all of Convergence Partners’ financial management and middle office activities. Prior to joining Convergence Partners, having completed her articles at Deloitte & Touch, she was the Audit Manager involved with design, conduct and other assurance engagements of more than nine people. Lindokuhle completed her studies at WITS and the University of Kwazulu Natal and is a qualified chartered accountant.
Zandile assist the Financial Manager in administering the Finances of Convergence Partners. On completion of her qualification, Zandile worked for an accounting firm for two years then later moved to a BEE construction firm as a junior accountant, until she joined Convergence Partners as a member of the middle office team.
Boitumelo supports the Financial Manager with the financial and statutory accounting activities, for Convergence Partners. She completed her B.Comm degree at Wits University. She started off her career at IBM, and worked in the accounting and finance department. She later on moved to T-Systems, where she was the financial controller.
Chief Operating Officer
Craig is responsible for all operational aspects of Convergence Partners with a particular focus on governance and risk issues within both Convergence Partners, and its investee companies. Prior to joining Convergence Partners, Craig spent two years as the Chief Operating Officer of Phatisa Group (a niche Private Equity manager on the African continent).
Craig has considerable expertise, and two decades of experience, in treasury, risk and capital management predominately in the banking and financial services sector. Craig has worked for regulatory and financial institutions in the United Kingdom including the Financial Services Authority, UBS and Barclays Capital. In South Africa, Craig was employed at Investec Bank as a risk officer in its private bank and then ultimately as head of operations for the currency and derivatives trading division.
Craig left Investec to co-found Integer, a bank replication model focused on mortgage lending and mobile electronic transacting. After Integer’s sale to Investec and Purple Capital, he joined Super Group as head of Strategic Capital and Risk where he was involved in their re-capitalisation.
Group Operations Manager
Nerosha is responsible for all operational aspects of Convergence Partners, oversees Office Management, HR and works closely with the COO.
Prior to joining Convergence Partners, Nerosha spent 6 years as Office Manager at Michael Page International.
Fund Administration Manager
Jeremy oversees all administrative functions of the private equity funds under management and related portfolio company activities. Prior to joining Convergence Partners Jeremy was a Supervisor: Private Equity at Kleinwort Benson responsible for all reporting and administrative functions related to private equity funds.
Matsepo is responsible for the overall running of the reception area, diary management, assisting in organising of internal & external events, with the assistance of the Receptionist. Prior to joining Convergence Partners, Matsepo worked as an Editor/Marketing Assistant for a recruitment agency.
Jelani assists the Head Receptionist with her duties, she is also responsible for handling front office reception and other administration duties.
Prior to joining Convergence Partners, Jelani was a Receptionist/Admin assistant at a recruitment agency.
General Office Assistant
Roselyn is responsible for administrative task such as arranging office events, running company errands including co-ordinating deliveries, preparing board packs and assisting at reception. Prior to joining Convergence Partners Roselyn was working for SEDCO
(SMALL ENTERPRISES DEVELOPMENT CORPORATION- ZIMBABWE) as a receptionist.
Nokuthula is responsible for ensuring our office is kept clean and in orderly condition. Prior to joining Convergence Partners, Thuli spent 4 years as the office cleaner at Prestige (Cleaning Services).