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VC association Savca appoints new directors to fill two vacancies

The Southern African Venture Capital and Private Equity Association (Savca) announced the appointment yesterday of two new directors, as well as the re-appointment of an existing director to its board.

The appointments follow Savca’s annual general meeting held yesterday (3 October) in Johannesburg.

The new appointees are Langa Madonko, investment principal for investor relations and capital raising at Summit Africa and Rory Ord, head of unlisted investments at 27four Investment Managers.

The two will fill the space left by Edge Growth managing director Dan Hatfield and Helical Capital Partners co-CEO Craig Beney, who are leaving the board, Savca said today.

The appointments were made after Savca’s annual general meeting

Yvonne Maitin — who has been serving on the Savca board since 2016 and who had been seconded on the board on the commencement of her new role as co-founder and CEO of One Africa Capital Partners — was re-appointed as Savca director.

Savca said Hatfield has been serving on the Savca board since 2010, and has been instrumental in carving out the organisation’s transformation strategy.

Beney has been on the board since 2015. His focus primarily was on promoting the asset class in addition to spearheading the launch of the industry awards.

Savca CEO Tanya van Lill (pictured above) said the two had through their varied roles contributed to the success of the organisation by dedicating an “invaluable amount of their time and wisdom”.

Van Lill said one of Savca’s main goals is to showcase the significant role that private equity and venture capital play in growing the economy — specifically in relation to job creation.

“The Savca board comprises individuals with decades of combined industry experience, boasting the best of these asset classes have to offer. We are confident that, guided by such a diverse board, we are well placed to achieve our goals as an association,” she added.

Featured image: Savca CEO Tanya van Lill (Supplied)