MEET OUR TEAM
Our staff are our greatest assets and as such they are respected, inspired, mentored and fairly remunerated, which allows them to reach their full potential.
Ngwedi’s culture creates stability and longevity within our management and investment teams. This culture of stability is key to delivering consistent investment returns for our clients.
Monei is a founding member of Ngwedi Investment Managers. Monei has over 17 years of experience in the investment management industry after starting her investment management career in February of 2002 when she joined Old Mutual Investment Group as a graduate in the Group’s Academy. In 2006 Monei was appointed as Investment Specialist at Old Mutual Corporate. Her progression was again evident in June 2010, when she was appointed as a Business Development Manager at Prescient Investment Management. It did not take long for Prescient to appointed Monei as Head of Institutional Business Development, responsible for institutional assets in excess of R65Bn. In her role at Prescient, Monei was responsible for growing the institutional book for the company, retaining the existing business, as well as client service. In 2014, Monei was appointed as an Executive Director and also became a member of the Executive Committee. Among other duties, Monei served as a member on the Board of Trustees and Chairperson of the Investment Committee of the Prescient Retirement Funds. She now fulfils the role of Chief Executive Officer at Ngwedi. She also currently serves on the Board of Directors of the South African Business Resources Institution (“SABRI”) as a Non-Executive Director. Monei holds a Bachelor’s degree in Finance with Honours from the University of Cape Town.
Farzana is a founding member of Ngwedi. She is a CFA charter holder and holds a Bachelor’s degree in Actuarial Science with Honours and has over 16 years’ experience in the investment management industry. She joined Old Mutual Investment Group in 2002 and then moved to Prescient Investment Management in 2003. At Prescient she was an Executive Director as well as a senior portfolio manager responsible for money market, enhanced yield and income portfolio management. At Prescient she was instrumental in designing and improving the credit process. She has an expert knowledge of derivatives in the fixed income space, which she applies in the portfolios that she is responsible for. In her career Farzana has managed in excess of R50Bn in fixed income assets. At Ngwedi, Farzana fulfills the role of Chief Investment Officer.
Daniel is a founding member of Ngwedi. Daniel holds a Master’s degree in Finance, a Bachelor’s degree in Actuarial Science with Honours, and has over 12 years’ experience in financial services. He has consulted to domestic and international banking conglomerates and insurers on various technical topics while at Oliver Wyman, a global management consulting firm. Daniel was the previous head of product development at Prescient Investment Management before taking on the role of Chief Executive Officer of Prescient Life. Daniel oversaw, managed and grew Prescient Life, which offered an investment platform providing discretionary and compulsory investment products in the form of collective investment schemes, investment-linked life policies and retirement funds. Daniel has considerable experience with start-up investment managers and has served as a trustee on the boards of several retail and umbrella retirement funds. At Ngwedi, Daniel fulfills the role of Chief Operating Officer.
Mike joined Ngwedi in April 2019. Mike graduated from the University of Cape Town with a Bachelor of Business Science degree, with honours in Finance and Accounting. He then furthered his qualification with a Post Graduate Diploma in Accounting, which led to a Chartered Accountant (SA) designation in 1996. In addition, Mike competed his Chartered Financial Analyst exams in 2002. Mike has 20 years’ experience in the financial services industry in South Africa, most recently with 9 years at Prescient Limited in the capacity of Group Chief Financial Officer and then Group Chief Executive Officer and then with 2 years at Sygnia Limited in the capacity of Group Financial Director. During Mike’s tenure at Prescient, he oversaw the listing of Prescient on the JSE from a financial perspective in 2012. Most recently at Sygnia, Mike was responsible for a finance team of eight people as well as overseeing the risk management and human resources functions. He was responsible for the preparation of the annual financial statements and all regulatory liaison with the JSE. At Ngwedi, Mike fulfills the role of Chief Financial Officer and lends his extensive expertise to the finance, structuring, human resources and risk management functions of the business.
Raphael is a founding member of Ngwedi. Raphael has over 17 years’ experience in the investment management industry both in South Africa and in the United Kingdom. Prior to joining Ngwedi, Raphael was the Chief Investment Officer and an Executive Director of Prescient Investment Management. At Prescient he was responsible for investment philosophy, process and performance. In his career Raphael has managed and overseen the management of R80Bn in assets. At Ngwedi, Raphael is responsible for all research and strategy implemented across all our portfolios. In addition, Raphael is responsible for the implementation of the Absolute Return, Global Balanced and Equity solutions. Amongst other previous roles, Raphael was head of investment strategy and sales at Barclays Africa Group (Wealth and Investment Management), strategist at QT Capital, Head of Equity Quantitative Research at Investec Securities and a fixed income portfolio manager at Investec Asset Management. Raphael is a currently a fellow of the University of Johannesburg where he has taught a master’s program in financial engineering. Raphael holds a PhD degree in computational finance and is a PhD golden key member.
Teresa is a founding member of Ngwedi. Teresa holds a PhD in applied mathematics, a Master’s and a Bachelor’s degree both in applied mathematics and has over 9 years’ experience in the investment management industry. Prior to joining Ngwedi, she was employed at Investec Asset Management and Prescient Investment Management. At Prescient, she worked with Farzana in the Prescient interest-bearing team and fulfilled the role of portfolio manager. Teresa was also responsible for derivative and fixed income credit enhancement strategies deployed across all multi-asset and equity portfolios. She has extensive experience in fixed income portfolio management across money market, enhanced yield, income, local bond and global bond portfolios. At Ngwedi, Teresa is responsible for all fixed income portfolio management along with Farzana and Ryan.
Ryan is a founding member of Ngwedi. Ryan is an FRM charter holder issued by the Global Association of Risk Professionals in New York and holds a Master’s degree in Finance, a Bachelor’s degree in Investment Management with Honours, and has over 12 years’ experience in the investment management industry. He has held positions at the Old Mutual Investment Group, Allan Gray Limited and Prescient Investment Management. At Prescient, he worked with Farzana and Teresa in the interest-bearing team and fulfilled the role of portfolio manager. Ryan was also responsible for credit, credit allocations, structured credit investments, derivatives, credit derivatives and credit enhancement strategies across all fixed income assets. In addition, Ryan was a co-portfolio manager of a clean energy and infrastructure fund, an unlisted alternative fixed income fund. At Ngwedi, Ryan is responsible for all fixed income portfolio management along with Teresa and Farzana.
Priscilla joined Ngwedi in March 2019. Until then, Priscilla worked at Argon Asset Management as an Executive Assistant to the CEO and was with the firm since 2011. Prior to Argon Priscilla worked at Investec Asset Management for 4 years as Executive PA to the Global Head of Distribution and MD for Africa. Priscilla has a proven track record with diverse experience in business development, marketing, public relations, executive office administration, office management, project management and corporate social Investment. Priscilla holds a Bacherlor's Degree in Marketing and has completed numerous Diploma’s and courses throughout her career. At Ngwedi, Priscilla is responsible for operations management and business development support and reports to the COO and CEO.
Ilse is a FSCA registered Compliance Officer and has been employed in the financial services industry since 1989. In her career she has been responsible for the day-to-day management of the compliance function at a long-term insurer, various financial services providers, including a division of a medium-sized bank. Ilse is responsible for ensuring Ngwedi’s business compliance with all financial laws, regulations, internal policies and procedures. In addition, Ilse is Ngwedi’s appointed FSCA, FIC and POPI Compliance officer.