Executive Directors:

Mohammed Varachia 1969 (CEO)
- BCompt (Honours), CA(SA)
- Appointed: 15 December 2005
Mohammed has over 23 years’ experience in senior leadership positions in the banking, financial and telecommunications sectors, amongst others. This includes experience in corporate advisory for large multi-nationals. In addition to co-founding Motoma ICT Group and MICT, Mohammed also established a number of other companies primarily in the ICT sector. He joined Morvest as CEO in 2005 following the acquisition by the group of MICT.

Surendranath (Suren) Singh 1959 (CFO)
- MBA, MITM, CIS, ABP
- Appointed: 15 December 2005
Suren has over 25 years’ experience in leadership positions at several large companies, especially within the ICT and financial services sectors. Suren has held the positions of Group Financial Manager, Group Financial Director and Group Executive Director: Investments and Business Development. He joined Morvest in 2005 as CFO following the acquisition by the group of MICT.

Madoda Papiyana 1973 (HR Director)
- NDHM, BTech
- Appointed: 15 December 2005
Madoda has 17 years’ experience in the field of human resources and industrial relations. He previously held positions of Group HR Manager and General Manager of Resourcing and Labour broking. Madoda joined Morvest in 2005 as Group HR Director following the acquisition by the group of MICT.

Alex Evan 1965 (Chief Legal Officer)
- BA LLB
- Appointed: 15 June 2011
Alex has in-depth practical experience in telecommunications regulation and legislation, having been closely involved with the evolution of critical aspects such as interconnection, the creation of a second network operator and underserviced area licences. Alex joined the group in December 2005 to advise the group on regulatory and legal matters and heads Group Legal, Compliance and Risk Management.
Non-Executive Directors:

Dr Popo Simon Molefe 1952 (Chairman)
Dr Molefe has made the successful transition from a high-profile senior career in politics into commerce. He previously served two terms as Premier of the North West province. For the past 11 years he has facilitated the development of businesses in the North West province and founded Lereko Investment Holdings. Dr Molefe has served as chairman of Armscor and PetroSA, and chancellor of North West University. He is non-executive chairman of Protea Technologies, a principal of Lereko Metier Capital Growth Fund and executive chairman of Lereko Investment Holdings.

Ntombizodwa Yvonne Mhinga 1965
- Appointed: 30 November 2006
Dubbed the “Princess of Africa” for her musical talent, Yvonne has also successfully transitioned into commerce. She has specific expertise in BEE initiatives. Yvonne further acts as a brand ambassador for several global concerns and large corporates as well as being a UNICEF and RBM goodwill ambassador. She is the first black African female to have won the Crystal Award at the World Economic Forum, 2012.

Prof. Benjamin Marx 1964
- CA(SA)
- Appointed: 8 Febuary 2011
Prof Marx holds a number of national and international memberships which include the Independent Regulatory Board for Auditors (IRBA) and the Association of Black Chartered Accountants of South Africa (ABASA). He holds positions on various listed and non-listed boards. He is a founding member of the Corporate Governance Research Group, which researches and consults on corporate governance in South Africa. Prof Marx is also an accomplished author on areas such as auditing, corporate governance and audit committees. He currently serves as Chairman of the group’s Audit and Risk Committee.

Ahmed Mohammadali Haji 1981
- CA(SA), RA(SA)
- Appointed: 15 June 2011
Ahmed is the Subject Head: Financial Accounting and senior lecturer in Advanced Financial Accounting at the University of Johannesburg. He holds a number of professional and directorate positions on professional boards. Ahmed is also a regular presenter of various Continuing Professional Development Programmes. |