The embattled Kgori Capital said it has appointed Alphonse Ndzinge as its managing director with immediate effect.
Kgori’s Chairman, Tebogo Naledi, on behalf of the board stated, “We are very pleased with the appointment of Ndzinge as Managing Director. While it comes at a challenging time, it represents a very exciting future for the business as we embark on our next chapter with renewed purpose and vigor. Our resolve and will to serve our clients and our society remains sharply in focus.”
“This is a tremendous honour, and I cannot imagine a more important and exciting time for Kgori Capital,” said Ndzinge. “As a 100% citizen owned and run business that has always aimed high, we believe we are a testament to the fact that we, as Batswana, can make our mark and an evident difference in the market. Our team of extremely passionate and talented Batswana investment professionals makes Kgori well-positioned to retain our position as the investment manager of choice, boxing with the very best both locally and internationally. The Kgori Capital team is strong, focused and committed to our stakeholders, customers, supporters, family and friends, whom we look forward to serving well into the future.”
Ndzinge is a Founding Partner and Executive Director of Kgori Capital. His current leadership responsibilities include serving on the Board of Kgori Capital as an Executive Director, participation in the various sub-committees of the Board as well as the Management Committee (MANCO) of Kgori Capital since inception of the firm in 2012. Since inception, Ndzinge has been Chief Investment Officer of Kgori Capital and has developed and overseen all aspects of the firm’s investment management function. Ndzinge will continue to oversee the investment management process with the support of senior members of the investment team without compromising Kgori’s promise of providing excellent investment outcomes for our clients.
Ndzinge has 14 years of experience in the financial services industry. Prior to co-Founding Kgori, Ndzinge held the position of Portfolio Manager at Investec Asset Management. Ndzinge is a Chartered Financial Analyst (CFA) charter holder. He holds a Bachelor of Business degree in Finance and Management Information Systems (Summa Cum Laude) from The Richard J. Fox School of Business and Management, Temple University in the United States of America.