He has been appointed new chief executive officer after departing his seat at black owned private equity firm Medu Capital.
Siya graduated from the University of Cape Town with a Post Graduate Diploma in Accounting in 2001, where after he commenced his articles at PricewaterhouseCoopers and qualified as a Chartered Accountant.
He spent two and half years at PricewaterhouseCoopers Transaction Services where he advised on a wide range of transactions.
The media release stated:” African Phoenix, has announced the appointment of Mr Siyabonga Nhlumayo (“Siya”) the Chief Executive Officer of the Group, with effect from 1 March 2018.”
He sits on various Medu Capital portfolio company boards and sub-committees and is a board member and treasurer of the South African Venture Capital & Private Equity Association (SAVCA).
Siya joins African Phoenix from Medu Capital, a black-owned Private Equity firm where he was a Partner and responsible for strategic development, investment execution and management.
