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KHUMO MOROLO

CEO

BSc (Mechanical Engineering) (University of the Witwatersrand), MEng (University of Pretoria), Board Leadership Programme (Gordon Institute of Business Science), Directors Programme (Duke University Corporate Education), Applied Directorship Programme (Sirdar Group)

Experience

Khumo was appointed as possibly the first woman power station manager globally, managing the largest direct dry cooled power station or installation in the world. Later she took up the role as General Manager of a cluster of power stations, providing 16% of South Africa's electricity requirements. 

Khumo assumed responsibilities as Projects General Manager in 2006, building and commissioning the first new power stations in South Africa since the 1980s, i.e. the open cycle gas turbine power plants (OCGT), which provide peak electricity capacity.

Khumo has also served as a Managing Executive (Infrastructure, Agro-processing & New Industries) at the Industrial Development Corporation, a development finance institution, whose mandate is the development and funding of various industrial sectors in South Africa and the African continent.

Current directorships

  • K4 Investment Holdings (Pty) Ltd
  • K4 Investment Holdings investee companies
  • Allan Gray (Pty) Ltd
  • E2 Investments (Pty) Ltd
  • E2 (Trustee)
  • Thandulwazi Trust (Trustee, previous Chairman)
  • St Stithians Council (Governor)

Previous directorships

  • Babcock Ntuthuko Engineering
  • Kalagadi (Pty) Ltd
  • Special Economic Zones Advisory Board
  • Built Environment Africa Capital (Pty) Ltd
  • Swimming South Africa (Executive Committee Member)
  • Reunert
  • Torre Technologies (Pty) Ltd

GARY MOROLO

DIRECTOR

B.A (UBS, Botswana), MBA (Michigan State University, USA), Advanced Executive Program (Kellogg Graduate School of Management, Northwestern University, USA), Corporate Governance and Leadership (IMD, Lausanne, Switzerland), Business Leadership Development Program (Arthur D Little Management Education Institute, Boston, USA), Diploma in Company Law (Wits University)

Experience

Gary was a founding shareholder and CEO of CNI, the predecessor investment holding company to Aka Capital and also founding shareholder of Aka Capital. Gary was a shareholder board representative on many of CNI and Aka Capital's investee companies. Seconded to Datacentrix, one of Aka Capital's investee companies as CEO and Chairman, from its infancy through to listing, becoming one of the key ICT players listed on the JSE. He also became the Non-executive Chairman of IST Group Ltd, also a JSE-listed company in the same period.

Gary has deep experience serving on various board committees, almost always as chairman on various board committees including Risk, Audit, Investment, Remuneration and Human Resources, Transformation and Governance. Gary's professional reputation is that of an entrepreneur, including an award by Ernst & Young, and as a principal committed to high ethical standards and good corporate governance.

Current directorships

  • Aka Capital (Pty) Ltd
  • K4 Investment Holdings (Pty) Ltd
  • K4 Investment Holdings investee companies
  • Allan Gray Orbis Foundation (Trustee)
  • St Stithians College Endowment Fund Trust (Chairman)
  • St Stithians Council (Governor)

Previous directorships

  • Batlhako Mining (Pty) Ltd
  • CNI (Pty) Ltd (CEO)
  • Datacentrix Holdings (Chairman)
  • IST Group (Chairman)
  • Italtile
  • Savcio Holdings (Pty) Ltd
  • The Financial Services Board
  • Unihold
  • Vametco Holdings (Pty) Ltd
  • Cedar Isle Auto (Pty) Ltd (Chairman)
K4 Investment Holdings (Pty) Ltd (K4) is an investment holding company that focuses on private equity opportunities. Its ability to invest proprietary funds facilitates quicker investment decisions, less onerous restrictions and covenants, more secure ownership of the shareholding, and also minimises exit time pressures, making long-term investments more feasible and likely. K4 aims to create and realise value by engaging proactively with other key stakeholders.

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