Executive Management

Donovan Chimhandamba
B.Eng (Hons) Industrial & Manufacturing Engineering, MBA
Chief Executive Officer
Biography

Biography

Donovan commands more than 12 years of professional experience at senior levels in blue chip companies including Pretoria Portland Cement (PPC), Vesuvius International and Group Five. Donovan began his career as an Industrial and Manufacturing Engineer at Engen Petroleum Refinery in Durban, and progressed to occupy senior management roles that included roles as operations engineer, production manager, general manager and business development.

In his current role as CEO of Arkein Group, he has led the construction of an early stage (venture capital) industrials portfolio, creating new companies with a potential balance sheet size in excess of ZAR5bn (US$625 million) by 2016. The Industrials portfolio is spread across South Africa, Zambia, Rwanda, and Zimbabwe. Also in 2012 and 2013, he also led a number of private equity buy-out's for a Community Trust totaling ZAR 1,2bn (US$150 million).

Prior to joining Arkein Group of Companies, Donovan Chimhandamba was the Head of Strategic Projects Fund, a division of the National Empowerment Fund specializing in Venture Capital, Private Equity and Project Finance. Under his leadership, the fund grew from zero to a portfolio size projected to be in excess of ZAR25 billion for some 27 projects. Donovan has a solid track record in closing deals in sectors including mining, mineral beneficiation, chemicals, petrochemicals, telecommunications, renewable energy, infrastructure, healthcare and construction. He also presided over 12 boards and joint steering committees as a Chairman or non-executive director.

Quinton Zunga
B.Bus.Sci. Computer Science, MSc
Executive Director
Biography

Biography

Quinton has over 14 years of professional experience at senior levels in investment banking. Prior to co-founding Arkien Group Quinton was a Director at Bank of America Merrill Lynch SA ("BofAML") and head of its Debt Capital Markets for South Africa and sub-Saharan Africa. In that role Quinton was instrumental in developing BofAML's Sub-Saharan Africa business focusing on regional hubs South Africa, Nigeria and Kenya. He was instrumental in capital raising for over US$1.5bn in these regions and built deep relationships in the regions.

Prior to joining BofAML, Quinton was Head of Debt Capital Markets at Absa Capital a role he assumed after the merger of Barclays and Absa Bank of South Africa. Before this merger Quinton was head of Debt Capital Markets at Barclays. He was responsible for a team that covered 11 African countries Barclays had operations. He also helped develop Africa's Debt Capital Markets, helping launch the first medium-term notes in Botswana, Tanzania, Mauritius and Zambia. He also led the issue of municipal bonds by the City of Johannesburg. Quinton raised over US$2.0bn in 40 transactions that he was lead manager or co-lead manager over his 7 years at Barclays.

In his current role at Arkein Quinton is responsible for capital raising and structuring. This is a vital part in insuring Arkein's projects are funded appropriately considering the life cycle of the project, investor requirements and matching funding instruments.

Quinton has served on the executive committee of the Debt Insurers Association (SA), and an associate of the Institute of Bankers, and also a graduate of the Institute of Chartered Secretaries.

Ian Cameron
B.Com. Accounting, Finance & Business Management
Chief Financial Officer
Biography

Biography

Ian has more than 10 year's professional experience in top management in the Accounting, Bookkeeping, and Tax Industry. After leaving South Africa in 2001, Ian engaged in a number of high level positions before starting up his own, London based, accounting and tax firm in May 2004. After selling out of the business in 2011 he returned to South Africa to continue his career.

In his current position as CFO, Ian is the executive responsible for the finance and administration side of the business. He was appointed in June 2011, at the outset of the company and has been instrumental in setting up the systems and processes for each of the business entities. Apart from day-to-day transactions, he has been instrumental in setting up Arkein's accounting policy's and financial reporting of the subsidiary company's across the countries we operate in.

Ian completed his B.Com Accounting degree at the University in Natal, at the University of Pietermaritzburg and then at the beginning of 2001 ventured to London where he started a very successful Accounting and Tax career. After 3 years of being employed in various permanent management positions in and around London, Ian opened up his own accounting business that serviced many foreign nationals in UK performing their personal and business Accounting, Bookkeeping, Tax requirements. His accounting business grew significantly over the years and eventually sold off and joined Arkein, with an intention to participate more in the corporate finance and accounting for new emrging market businesses in Africa.

Rob Mhishi
BSc Mech Eng Hons, CdipAF, PBL, MBL
Chief Operations Officer
Biography

Biography

Rob is an experienced and strategic innovator, with over sixteen years of experience in various industries ranging from retail & manufacturing, petrochemicals, financial services, and mining. In his different roles he has been involved in defining and implementing business architectures and models, leading large scale change programmes, re-engineering end to end business processes for revenue growth and operational efficiencies, and embedding risk and control management disciplines. As the Chief Operating Officer of the Group, Rob is instrumental in translating and implementing Arkein's strategy into operations, thereby enabling the business to achieve its growth objectives. Having led large teams responsible for sales support, operations, IT, business assurance and intelligence, as well as project management, he has developed a well-rounded array of general management skills and experience to excel in his role.

Prior to joining Arkein, Rob was the Managing Director of Tamuka Mining, where he was responsible for all strategic, operations, business development, financial and governance functions of the company. Between January 2004 and May 2010, he was the Chief Operating Officer for the Secured Lending Cluster of Absa Bank Ltd. In this role, Rob was accountable for all of the operational activities of the division: from channel management, through to application processing and underwriting. In addition, he maintained responsibility for all credit and operational risk functions and drove the customer services strategy. He was also tasked with developing and implementing leading edge business processes and IT systems in conjunction with the bank's specialist IT and projects divisions. He represented the division in various industry forums and Banking Council engagements. His consistently high performance levels resulted in him being selected as one of thirty young Absa executives to participate in a three year internal development programme (the ADI), where he took part in helping the organisation develop a focus on triple bottom line and sustainability in the new South Africa.

Rob started his career in 1995 with Arup Consulting Enigineers, having graduated from the University of Zimbabwe with a BSc Mechanical Engineering Honours Degree. After a brief stint he joined Shell SA as a Mechanical Engineer responsible for all aspects of plant maintenance and projects at the Johannesburg bulk fuel storage and distribution depot. In 1997, he was promoted to Regional Engineer when he assumed similar responsibilities for nine depots in the Shell inland region, a position he held until he left Shell to pursue a career in management consulting with Proudfoot Consulting.

During his tenure at Proudfoot, he gained valuable business process re-engineering experience on numerous projects in industries such as mining, pulp and paper and telecommunications. These assignments were accomplished at blue-chip companies such as Anglo American, Caterpillar, Sappi, Lucent Technologies, and Goldfields.

Joe Khumalo
Dip Mech Eng, BBA Marketing, Dip Production Mngt
Chief Marketing & Sales Officer
Biography

Biography

Sales & Marketing experience, key relations with decision makers in the mining and OEM supplier industry, and technical expertise in Commercial, Engineering and Mining services.

Joe has over 22 years experience in mining and related industries. He possesses an in-depth knowledge of the intricacies of the Technical Sales and Marketing industries from the experience gained in working for Cummins SA, SKF SA, Timken SA and Senzile Resources.

After graduating from the Harare Polytechnic with a Diploma in Mechanical Engineering, Joe joined Lomagundi Smelting & Mining Company as a Fitter & Turner. Thereafter over a 6 year period, he held technical Sales positions in SKF and Timken SA where he was responsible for sales of bearings, seals and other mechanical equipment to the mining industry.

Joe also worked for Cummins SA as an OEM Mining Business Manager. In this role, he was responsible for the sales and commercial activities of Cummins in Southern African region. During this time, he forged lasting relationships with key stakeholders in large mining organizations such as Anglo Coal, BHP Billiton, Goldfields and OEM’s such as Komatsu, Hitachi, Liebherr, Terex and P&H Minepro.

Before joining Arkein International as Chief Sales & Marketing Officer, Joe was CEO of Senzile Resources, a South African company focusing in minerals trading and marketing across the Continent and beyond.

Bhooneshi Canhye
BA (Hons) Law & Management
Coperate Services & Alternate Director
Biography

Biography

Bhooneshi is the Corporate Manager of Glenara, a provider of financial services in Mauritius, with interests in offshore fund structuring, set up and administration. In her current role, she is involved in the incorporation and day to day administration of various types of global business companies, in secretarial work as well as in ensuring compliance with relevant legal, statutory and regulatory requirements.

Prior to joining Glenara Group, she was working in the Licensing department of the Financial Services Commission, the Mauritian regulator for financial services sector other than banking, where she benefited from a wide exposure to the global business sector of Mauritius. She was involved in the assessment and licensing of several offshore entities, thereby ensuring that they are complaint with the law.