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African Phoenix adds two accomplished women to its Board of Directors


African Phoenix Investments has added two accomplished women to their Board of Directors. Mahlatse Kabi, chief financial officer of the Gordon Institute of Business Science, and Reshma Mathura, executive director of finance at the University of South Africa (Unisa), will take their seats as independent non-executive directors

Mahlatse (pictured) has over 22 years’ experience in management of which 14 years was in finance and the remainder in investments and structuring of BEE transactions.

She is the Chief Financial Officer of the Gordon Institute of Business Science (GIBS).

After serving her chartered accountant traineeship with KPMG, she held senior finance positions at Standard Bank, South African Breweries and Multichoice SA before joining Mineworkers Investment Company in 2005 to establish the finance function.

She later joined the Investment Transaction team as a Senior Investment Manager involved in investment execution – deal origination, transaction structuring, due diligence, valuations, strategic oversight, divestitures, performance monitoring and reporting.

She is currently serving on the boards of Stangen Insurance Company, Verimark Limited, JM Busha Asset Management Company and Rand Water Foundation.

She previously served on the boards and sub-committees of various portfolio companies of MIC.

Reshma Mathura has over 18 years’ experience in financial management. She is the executive director of finance at Unisa, where her responsibilities cover all aspects of financial management including financial planning, asset management, governance and compliance as well as financial reporting.

Reshma recently completed her Masters in Business Administration from GIBS, after having qualified as a chartered accountant in 2004.

Prior to joining Unisa, Reshma served as the Chief Financial Officer for the National Regulator for Compulsory Specifications for more than four years. Reshma also gained experience as a senior manager at the Road Accident Fund and director for financial control services at the Department of Defence and the SA Police Services.


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