Paul Baloyi

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Paul Baloyi

Designate Chairman

Mr. Baloyi is an entrepreneur based in South Africa. He has been in numerous leadership positions and has over 30 years’ experience in the financial services sector. He is a specialist in risk, governance and strategy with significant experience in development finance, enterprise development and institutional capacity building. He was the CEO and MD of the Development Bank of Southern Africa and the DBSA Development Fund from 2006 to 2013. He was instrumental in significantly increasing the size and scope of the bank’s activities both locally and into Africa.

Mr. Baloyi spent 30 years with Standard Bank and Nedbank. His last position at Nedbank was as MD of Nedbank Africa until 2006, where he established many invaluable business relationships with companies and individuals across the continent. He was the Chairman of the African Capacity Building Foundation, the mission of which is to build human and institutional capacity for sustainable growth and poverty reduction in Africa. He was a council member of the Institute of Bankers in South Africa and served as Chairman of the Nedgroup Medical Aid Scheme.

Mr. Baloyi has been and continues to be an independent non-executive director on various boards locally and in Africa and is a member of the Institute of Directors in South Africa. Education: MBA from Bangor University in the UK, Management of Development , Advanced Management Programme qualification from INSEAD in France, and a Senior Executive Programme qualification from Harvard Business School in the USA.

Other significant directorships: ENX Group Ltd (Chairman ), Bid Corporation Ltd, Alphamin Resources Corp and Momentum Metropolitan Holdings Limited (Chairman) Peermont Group Limited.