Kwazulu Natal (KZN) Growth Fund 2022 for South Africans
Kwazulu Natal (KZN) Growth Fund is a private equity and private debt Fund based in Durban reporting to the KZN Department of Economic Development, Tourism and Environmental Affairs (EDTEA). The Fund has investments in different sectors of the economy including automotive, chemicals, and healthcare. The Fund seeks to appoint experienced individual as non-executive director, Human Resources and Remuneration (HR&Remco) Chairperson and Non-Executive Director Member: Investment Committee for Board subcommittee.
Non-Executive Director
Chairperson: Human Resources and Remuneration Committee
Period: 3 years
The Non-Executive Director, HR&Remco Chairperson will be expected to:
- Add strategic value and apply professional scepticism and assist with Human Resources Management.
- Substantial track record of success as an executive and Non-Executive Directoradvise and make
- recommendations to the KGFT Board of Trustees on all human capital, including remuneration issues.
- Advise and recommend to the KGFT Board on employment terms and conditions of the Executive Directors and staff.
- Give direction to the KGFT executive management regarding KGFT’s human capital and talent management.
- Act as a channel of communication and co-ordination between KGFT Management and the Board of Trustees on human capital-related matters.
- Approve and recommend adoption by the KGFT Board of Trustees on all human capital-related policies and procedures of KGFT.
- Ensure annual review of the human capital-related policies and procedures of KGFT.
- Monitor the functioning of KGFT Management of its human capital by receiving documentation related thereto from the Management Office on a structured, regular basis.
- The remuneration report and disclosure of remuneration is accurate and complete; and
Key Requirements and Qualifications:
- A postgraduate qualification e.g. MHRM, MBA, MBL, or similar equivalent qualification
- Substantial track record of success as an executive and Non-Executive Director
- Strong understanding of corporate finance and measures of performance
- In depth knowledge of corporate governance principles, King IV code, Companies Act and managerial best practices
- An analytical mind capable for “out-of-the-box” thinking to solve problems
- Outstanding organization and leadership abilities
- Excellent communication (oral and written) and negotiation skills
Interested applicants may forward a motivation letter of how each of the entry requirements are met, a detailed CV, certified copies of qualifications and SA green ID document to: [email protected]
Non-Executive Director
Member: Investment Committee x 2
Period: 3 Years
The non-executive director, HR& REMCO Chairperson will be expected to;
- Add strategic value and apply professional scepticism and assist with Investment Committee.
- Oversee implementation of investment strategy
- Monitor investment performance.
- Reviewing equity and debt investment policies and sub-policies.
- Evaluating, assessing, and approving the creditworthiness of any Investment identified by the Executive Management,
- Review valuation of Investments and the risks assumed by the KGFT in making any Investment.
- Review criteria and targets for investment.
- Approve equity and other strategic investments.
- Review equity valuations conducted by external valuers.
- Report regularly and make recommendations to the board for approval Key Requirements and Qualifications:
- A postgraduate qualification in Finance/Accounting/Auditing/ Law or similar equivalent qualification
- 5 years’ experience in investment decision-making
- Substantial track record of success as an executive and Non-executive Director Investment Committee member in either private or public sector space.
- Strong understanding of corporate finance and measures of performance
- An analytical mind capable for “out-of-the-box” thinking to solve problems
- Outstanding organization and leadership abilities
- Excellent communication (oral and written) and negotiation skills
Interested applicants may forward a motivation letter of how each of the entry requirements are met, a detailed CV, certified copies of qualifications and SA green ID document to:
[email protected]
For more information, please click on the following links:
– Chairperson: Human Resources and Remuneration Committee kzngrowthfund.co.za/wp-content/upl
– Non-Exec Director Member: Investment Committee x 2 kzngrowthfund.co.za/wp-content/upl
