Name: Nkululeko Leonard Sowazi Born: April 1963 Nationality: South African Alma mater: University of California, US International University Occupation: C hairperson of Kagiso Tiso Holdings Net worth: R726-million
Leonard Sowazi A l s o k n o w n a s N k u n k u , L e o n a rd S o w a z i h a s o v e r 1 5 y e a r s ’ e x p e r i e n c e i n i n v e s t m e n t m a n a g e m e n t , a s w e l l a s v a s t k n o w l e d g e a n d e x p o s u re t o t h e m i n i n g , i n f r a s t r u c t u re , a n d f i n a n c i a l s e r v i c e s s e c t o r s . H e c u r re n t l y s i t s o n t h e b o a rd s o f a p l e t h o r a o f S o u t h A f r i c a’s b i g g e s t o rg a n i s a t i o n s a n d h i s f o r t u n e i s f a s t a p p r o a c h i n g t h e R 1- b i l l i o n m a r k .
HOW HE MADE HIS MONEY Sowazi began his career on the front foot after returning to South Africa with a Master’s Degree in Urban and Regional Planning from the University of California and a Bachelor of Arts Degree from the USA International University. In addition to all of the companies he has been involved with, both in an executive as well as non-executive capacity, Sowazi also owns stakes in the Emira Property Fund and Litha Healthcare Groups.
COMPANY ASSOCIATIONS Currently serves as: • C hairperson of Kagiso Tiso Holdings • Chairman of Idwala Industrial Holdings • Chairman of Home Loan Guarantee Company • Chairman of the Financial Markets Trust • Non-Executive Director of Litha Healthcare Group • Director of Trident Steel • Independent Non-Executive Director of Grindrod Limited • Director of BAEL Holdco • Director of Actom Holdings • Director of Housing for HIV • Non-Executive Director of African Explosives Limited
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Previously served as: • Managing Director of the Mortgage Indemnity Fund • Manager of Emire Property Fund • Non-Executive Chairperson of Litha Healthcare Group • Executive Chairperson of Tiso Group • Executive Chairman of Tiso Group • Executive Deputy Chairman of African Bank Investments • Non-Executive Director of Exxaro Resources • Non-Executive Director of Strategic Real Estate Managers • Non-Executive Director of Development Bank of South Africa