Boutique asset manager Mergence Investment Managers, who manages R35bn in assets, has promoted Yoza Jekwa to CEO, among several changes to its executive team.
The appointment of Jekwa, who has been a joint-MD since November 2019, is part of a number of changes to its executive leadership team.She has 17 years of experience in the private investment field.
Another joint-MD Bradley Preston, who has been with the company for 16 years, will become chief investment officer.
In other changes, Fabian De Beer, who has been at Mergence since 2006, will take up the role of chief risk officer (CRO), while former chief operating officer John Afordofe will take over as chief financial officer. The company said Semoli Mokhanoi will remain as the director of the Southern African Development Community (Sadc) region and head of business development and marketing.
Mergence chairman Masimo Magerman said: “The new leadership structure will provide a streamlined and dedicated springboard from where to drive and accelerate the group’s business growth and succession planning strategies — in the interest of creating shared and sustainable value for our clients, investors, associates, and employees.”
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