DIRECTORS
Advocate Nyiko S. Nxumalo
Background
Admitted and practicing Advocate of the High Court of South Africa
Year of Admission as Advocate: 2016
Specialist Areas of Practice:
Banking and Finance Law
Commercial Law
Insolvency and Company Law
Labour Law
Family Law
Admitted as an attorney in 2011 and practiced until June 2012, during that time was registered as a Debt Counselor with the National Credit Regulator.
Nyiko has extensive knowledge and expertise on the National Credit Act, Consumer Protection Act, Companies Act and other related legislation.
Summary of Professional Experience:
- Advocate, Johannesburg Bar (Jan 2016 – Present, 9 years): Specialises in legal representation across various spheres of South African law.
- Willowbrook Homeowners Association (August 2022 to date): member of the Board of Directors of the Non-Profit Organisation (NPO), responsible for overseeing all legal issues affecting the NPO.
- Medshield Medical Scheme (August 2015 to December 2015): Provided legal advice to the Scheme’s Principal Officer and Board of Trustees on all legal issues affecting the Scheme.
- Legal Counsel, WesBank (Jun 2012 – Apr 2015, 2 years): Provided legal advice on regulatory acts (NCA, CPA, Companies Act, FATCA) and drafted supplier and legal agreements.
- Admitted Attorney, Hannatjie Van Der Merwe Attorneys (Jun 2009 – May 2012):Managed estates, civil litigation, debt reviews, divorces and served as Managing Director of the Mafikeng branch
- FICA Consultant, Investec Private Bank(Jun 2007 – Jun 2009, 2 years, 1 month): Ensured compliance with the Financial Intelligence Centre Act, managed FICA-related projects, and captured client data
- FICA Consultant, Investec Private Bank(Jun 2007 – Jun 2009, 2 years, 1 month): Ensured compliance with the Financial Intelligence Centre Act, managed FICA-related projects, and captured client data.
Academic Qualifications:
BCOM (LAW); LLB
Mr Sandiso T. Radebe
Background
Seasoned Banker, with more than 15 years’ experience managing portfolios for high-net-worth clients, comprising of entrepreneurs, executives, and professionals. Also managed business and trust accounts linked to these clients.
Recently served on the executive management committee of an Investment Holding business with an approximate value of over R200million, as a Financial Manager.
Summary of Professional Experience:
- Financial Manager (Contract), Pamodzi Group (Jan 2023 – Oct 2024)
- Oversaw compliance, cash flow management, and financial reporting, with the aim of rectifying prior adverse audit opinions.
- Financial planning, budgeting, and analysis for the group and subsidiaries.
- Managed a R200 million investment portfolio and Facilitated a R600 million BEE Consortium dividend in specie payout.
- Career Break – Full time studying - Postgraduate Diploma in Development Finance, UCT GSB (Apr 2022 – Dec 2022): Studies focused on public-private partnerships, risk management, environmental finance, trade finance, and banking in emerging markets.
- Private Banker, Nedbank Private Wealth (Jul 2017 – Mar 2022) :Relationship manager for a portfolio of high-net-worth clients with a focus on sales and business development.
- Private Banker Analyst, RMB Private Bank (Dec 2014 – Jun 2017) :Supported a team of private bankers in managing a portfolio of ultra-wealthy clients.
- Private Banker Assistant, Nedbank Private Wealth (Jul 2008 – Dec 2014):Provided administrative and sales support for high-net-worth portfolios.
- High-Income Banking & FICA Administrator, Investec Private Bank (Dec 2005 – Jun 2008): Ensured FICA compliance and supported onboarding of high-income clients.
Academic Qualifications:
*B.Com degree(WITS), *CIMA Advanced Diploma in Management Accounting and *Postgraduate Diploma in Development Finance(UCT GSB).