The Calulo Investments Board comprises a dynamic group of individuals who are well-equipped to set the strategic direction of the Group. The many years of leadership and business experience, as well as the diversity in skills has ensured that the Board performs at the highest level, remaining committed to the high levels of corporate governance throughout its subsidiary and investee companies.
Our Board is governed by and embraces the rules and principles set out by the Companies’ Memorandum of Incorporation, as well as the Shareholders Agreement, which are in line with the Companies’ Act and King Report on Corporate Governance (King III).
Mkhuseli Faku
Executive Chairman
Mkhuseli started his career in the oil industry with Shell, as a Retail Territory Manager and proceeded to be the Managing Director of Afric Oil, South Africa’s first black oil company. As the founder of Calulo Investments, he is one of the authors of the South Africa’s first Black Economic Empowerment charters, the Liquid Fuels Charter.
He is the founding member of the SA’s World Petroleum Congress and Nepad Energy, having served on both committees. He serves in several boards both listed and unlisted and is a Governor of the board of Rhodes University.
He is an alumni of Rhodes University, Wits Business School and Harvard Business School in Boston United States of America, where he read legal studies, industrial sociology, advanced management skills and Executive Leadership and Entrepreneurialship.
Gabby Sequeira
Chief Executive Officer
Gabby is responsible for leading the development and execution of Calulo’s long term strategy.
Gabby brings operational and financial experience to the company having worked as financial manager for a listed group and headed an energy distribution company. He is actively involved in the review and execution
of new ventures for the company as well as operational support and continuity.
He holds a Business Science degree in Finance and Accounting from the University of Cape Town.
Avon van der Merwe
Executive Legal, BBBEE, HR & Company Secretary
Spending the last 14 years with Calulo, Avon an executive, is part of the M&A team of Calulo and is responsible for all legal advisory, regulatory and BBBEE compliance, head of HR and the Company Secretary of the Calulo Group. She has extensive work experience in the legal fraternity, including M&A’s, having held positions ranging from a labour consultant, legal advisor and company secretarial. Avon is a qualified attorney and holds a B.Com Law degree from the University of Johannesburg and a B.Proc degree from UNISA. Avon is a member of the Law Society of South Africa and holds a Certificate in Corporate Governance.
Danielle Brady Moffat
Chief Financial Officer
Danielle is responsible for M&A, portfolio management and finance. Her previous work experience includes being a transactor in the Private Equity team at Investec Bank Limited. Danielle is registered with SAICA as a Chartered Accountant, having completed commercial Training Outside of Public Practice (TOPP) articles at Investec Bank Limited.