Table of contents

Board of directors
Gerd Alexander Schütz
Non-Executive Chairman
Alexander Schütz is managing partner of
C-Quadrat AG, an asset management
company, which he founded together with
Thomas Riess in 1991. The company has
subsidiaries in Frankfurt am Main, London,
Geneva, Warsaw and Yerevan, and recently
launched operations in Asia. Alexander is
responsible for C-Quadrat AG’s strategic
development and acquisitions. He is one
of the company’s shareholders and serves
as chairman of the Board. In addition, he is
the co-founder and Board member of the
Switzerland-based Aquarion water technology
group, which has recently acquired the
German Hager + Elsässer. Further core
interests are Smartflower.com in the
photovoltaics business, Aventus GmbH in the
field of business intelligence and IT security,
Filmhouse Germany, HSO Healthcare
GmbH and Dairyfem in the field of probiotic
nutrition. Alexander is a member of the
International Coronelli Society and president
of the Austrian Emirates Society.
Dave Van Niekerk
Chief Executive Officer
Dave van Niekerk is one of the founders
of MyBucks and serves as chief executive
officer of the company. He is a seasoned
microfinance professional and brings
more than 17 years’ experience to the
industry. Dave has held both shareholdings
and management positions in various
microfinance companies, including African
Bank where he started his microfinance
career. Dave founded pan-African
microfinance company Blue Financial
Services in 2001, which was listed in 2006,
and he held the positions as chief executive
officer and chairman at this financial services
institution until the end of July 2010. In
addition to his function as chief executive
officer of MyBucks, Dave is responsible for
a number of the group’s business areas,
namely technology, operations, innovations
and credit.
Timothy Nuy
Deputy Chief Executive Officer
Prior to joining MyBucks, Tim Nuy was an
investment director at African Development
Corporation AG (ADC) in Frankfurt am
Main from July 2011 to November 2014,
responsible for acquisitions, disposals and
the day-to-day operations of the group’s
Mauritian entities. He was involved in
several complex transactions, notably
with the controlling investment into ABC
Holdings Limited, the disposal of RSwitch
(Rwanda) and the takeover by Atlas Mara.
Prior to joining ADC, Tim worked at KPMG’s
Transaction & Restructuring department in
Hamburg, Germany. Tim holds a BSc from
the Maastricht University in International
Business Economics and is a CFA®
Charterholder. Tim is also responsible for
MyBucks’ business areas risk, M&A and
corporate finance, including all debt and
equity funding initiatives and expansion in
new markets.
Dennis Wallestad
Non-Executive Director
Dennis Wallestad was the chief financial
officer and managing director responsible
for Europe, the Middle East and Africa at
JPMorgan Chase & Co in New York from
October 2012 to March 2014. Previously,
he was chief financial officer for the
Treasury & Securities Services group.
Prior to joining JPMorgan Chase & Co,
Dennis was responsible for all accounting
and financial reporting activities of
Pershing LLC, a subsidiary of The Bank
of New York Mellon Corporation, and its
affiliates worldwide. He holds a BSc in
Accounting from the Auburn University
and a Masters of Accountancy from the
University of Oklahoma. He is a Certified
Public Accountant and is currently
responsible for the restructuring and
reorganisation of the group.
George Manyere
Non–Executive Director
George Manyere is the chief executive
officer/ chief investment officer and
founder of investment holding company,
Brainworks Limited, which has a strong
presence in Zimbabwe in the financial
services (banking, insurance and asset
management), energy logistics, hospitality
and real estate sectors. Prior to founding
Brainworks, George was an investment
professional with the International Finance
Corporation (IFC) responsible for investing
in excess of USD600 million in sub-
Saharan Africa and managing a portfolio
of investments in excess of USD400
million. He also represented IFC on several
investee company boards. George sits on
several boards of directors and holds a
Bachelor of Accounting Science, Honours in
Accounting Science and Certificate in Theory
of Accounting from the University of South
Africa. He has also holds completed various
international courses in finance, strategy and
investment banking.
Simon Village
Non–Executive Director
Simon Village is the founding director of
Argentum Limited, a business development
and corporate finance company providing
services to emerging corporates in Southern,
Central and Eastern Africa. Simon has served
on the boards of numerous international
companies and has led a number of
successful global initiatives, with the foremost
of these being the development of a series
of commodity-backed funds listed in 13
countries. He also led the financing and
development of a number of resource
companies, where he served as a director,
including raising the capital required for
building the first gold mine in the Democratic
Republic of Congo since that country’s
independence. Prior to this, Simon was a
managing director with HSBC in London.
Simon holds a BEng (Hons) degree in Mining
Engineering from Camborne School of Mines,
United Kingdom.
Trevor Joslin
Non–Executive Director
Trevor Joslin has had a career in
investment banking since 1986, and
held senior positions with various banks
in Geneva including Barclays. In 2000,
he joined HSBC and started up their
Asia Banking Unit. Trevor subsequently
managed the East Africa region for the
bank. Trevor holds a BSc obtained from
the University of Surrey in Guildford,
United Kingdom, a First Class Honours
in Chemistry and a Doctor of Philosophy
obtained from the University of
Southampton, United Kingdom.
Johan Jonck
Non–Executive Director
South African microcredit pioneer, Johan
Jonck, formed the first industry specific
organisation called the Micro Lenders
Association (MLA) in 1996. It spearheaded
the National Credit Regulator (NCR), South
Africa’s current credit industry regulator.
Johan, a former partner of Coopers &
Lybrand, was also the founder and CEO
of Unity Financial Services of which
Boland Bank was a shareholder. African
Bank acquired Unity in 1999. He was
also the founder and CEO of Jigmining,
a company with patented technology
beneficiating coal for BHP Biliton in South
Africa, which was listed as Yomhlaba on
the Johannesburg Stock Exchange in 2004.
In 2005, Johan started Nedfin Ltd, a microlending
company in Zambia and served
as CEO. Johan has successfully been a
shareholder and role player in
the microfinance market in Africa for
over 20 years.
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MyBucks Annual Report 2016 60
61 MyBucks Annual Report 2016