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SAVCA appoints Vuyo Ntoi as new Board Chairperson

SAVCA appoints Vuyo Ntoi as new Board Chairperson
01-12-23 / Sisanda Ndlovu

SAVCA appoints Vuyo Ntoi as new Board Chairperson

Johannesburg - The Southern African Venture Capital and Private Equity Association (SAVCA) has announced the appointment of Vuyo Ntoi as the new SAVCA Board Chairperson. The association said the appointment took effect on 15 November 2023 following a majority vote from the SAVCA Board of Directors. Ntoi takes over from his predecessor, Lelo Rantloane, CEO of Ata Capital, who, having served a 3-year term leading the Board, has now stepped down as required by the Memorandum of Incorporation (MOI).

Expressing their gratitude to the outgoing Chair, the Board applauded Rantloane for his bold and visionary leadership, particularly as the industry continued to grapple with the effects of the COVID-19 pandemic. With the assistance of the Board and interim CEO, he led the association through a critical transition that resulted in the appointment of a new CEO in November 2022, ensuring business continuity throughout the various and successive changes.  Incoming Chairperson, Ntoi, further commended Lelo for his continued dedication to SAVCA, demonstrated by his commitment to continue serving as a SAVCA Board Member.

Ntoi is a well-respected industry veteran, who has been serving on the SAVCA Board since 2022. He was appointed Co-Managing Director of African Infrastructure Investment Managers AIIM in August 2020. Prior to moving into this role, Vuyo was the Co-Portfolio Manager of the R15-billion IDEAS Managed Fund, which primarily focuses on infrastructure investment and development assets in the SADC region.

Ntoi holds several directorships, including positions on the boards of some of AIIM's portfolio companies. He is also a Trustee of the Africa Infrastructure Developers Association (AFiDA).

He also holds degrees from UCT, Oxford University and IESE Business School. He has completed Harvard Business School's Advanced Management Program and is part of the Aspen Global Leadership Network.

We congratulate Ntoi on his appointment and look forward to his leadership, expertise, and guidance as we move SAVCA into a new and exciting chapter.

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