Meet the Allan Gray Orbis Foundation Board of Trustees

The Allan Gray Orbis Foundation is strategically guided by our distinguished Board of Trustees, who are dedicated to the liberation of greatness in our beneficiaries through an investment in entrepreneurial leadership development .

South African Board of Trustees


Futhi Mtoba – Chairman

Futhi Mtoba is Chairman of Deloitte Africa Board and President of Business Unity South Africa. She is also the past President of the Association for the Advancement of Black Accountants of Southern Africa (ABASA), a body dedicated to nurturing emerging black accountants. She has the following qualifications: CA (SA), Higher Diploma in Banking Law, B Compt (Hons), BA (Econ) (Hons), BA (Econ) and is a member of the South African Institute of Chartered Accountants (SAICA) and Association for the Advancement of Black Accountants (ABASA).

She is a founder of TEACH South Africa, a programme which recruits graduates who have majored in Maths, Science, English or IT and contracts them for a two‑year period to teach at identified schools in formerly disadvantaged communities. This programme is supported by the Private Sector and the Department of Education. She is a past Member of the Board of the United Nations Global Compact, the world’s largest voluntary corporate citizenship initiative.


Mahesh Cooper – Trustee

Mahesh heads up the institutional business unit of Allan Gray Proprietary Limited. He joined Allan Gray in 2003 as a business analyst with previous experience in asset and healthcare consulting. Mahesh completed his Bachelor of Business Science degree at the University of Cape Town and is a qualified actuary. During his university career he was the recipient of several prestigious awards including the Class Medal, Marks and Spencer/Woolworths Scholarship, Dean’s Merit List and the Jan Smuts Academic Award. He is a Fellow of the Institute of Actuaries (UK) and the Actuarial Society of South Africa. In April 2006, Mahesh was appointed as a Director of Allan Gray Proprietary Limited.


Professor Njabulo S Ndebele – Trustee

Professor Njabulo S Ndebele, a former Vice-Chancellor and Principal of the University of Cape Town, is a Fellow of UCT and Senior Research Fellow at the University’ Department of Social Anthropology. He is Chair of the Idasa Board, the MTN (SA) Foundation and the Cape Town Partnership, and sits on the Nelson Mandela and Mandela Rhodes Foundations.

Earlier positions include Scholar-in-Residence at the Ford Foundation in New York; Vice-Chancellor of the University of the North; Vice-Rector of the University of the Western Cape; Pro Vice-Chancellor National University of Lesotho, and Chair and Head of the Department of African Literature at the University of the Witwatersrand.

Professor Ndebele is a graduate of the Universities of Lesotho, Cambridge, and Denver. He has served as Chair of the South African Universities Vice-Chancellor’s Association; Founding Chair of the Southern African Regional Universities Association; and President of the Association of African Universities. He holds honorary doctorates from Universities in the Netherlands, Japan, South Africa, the United Kingdom, the United States and is an Honorary Fellow of Churchill College, Cambridge University. He is the author of internationally acclaimed fiction, literary and cultural critique. “Fools” and Other Stories, Rediscovery of the Ordinary, The Cry of Winnie Mandela, and Fine Lines from the Box are among his major works.


Gary Morolo – Trustee

Gary is one of the three co-shareholders and principals who found Aka Capital, a private equity/ investment holding company in 2001. The same 3 principals had previously found a similar company, Coordinated Network Investment (CNI) in 1996. Previously Gary has served as CEO of a management consulting company, Coordinated Management Consulting.

Gary is a director of Aka Capital, and sits on the boards of some of its investee and subsidiary companies, most notably one of the listed investee companies, Datacentrix, as its previous CEO and Executive Chairman and now non-executive Chairman.

He has also served on the board of the Financial Services Board, and on the boards of then listed companies, Unihold and (as chairman) of IST.

He has also served for a number of years on the St. Stithians Council and its Council Executive committee, including serving varying terms as Deputy Chairman of Council, and as chairman of the Governance Committee and of the Transformation Committee.

Gary holds a BA from the University of Botswana & Swaziland (Political Science and Sociology) and an MBA from Michigan State University. He has completed the Advanced Executive Program through the Kellogg School of Management, Northwestern University, as well as the Business Leadership Development Program through the Arthur D. Little Management Education Institute in Boston. He also holds a certificate in Corporate Governance and Leadership from IMD in Lausanne, Switzerland.

Namibian Board of Trustees

Prof. Peter Hitjitevi Katjavivi – Chairman

Professor Katjavivi is a governor of the World Bank and chairman of its Committee for Small States. He served as the director-general for the Namibian Planning Commisssion and vice-chancellor of the University of Namibia. He also served as a Namibian ambassador, member of Parliament and director of the Namibian Economic Policy Unit. He earned a PhD from Oxford University and an MA from the University of Warwick. He is a non-executive director of Allan Gray Namibia.


Thando Mhlambiso – Trustee

Thando leads Allan Gray’s activities outside South Africa. Over the last twenty years, he has worked in various capacities in principal investing, investment banking, and corporate law in Southern Africa and the United States. Thando earned an AB in Biology from Brown University, an MBA in Finance from Columbia University Graduate School of Business and a JD from Columbia University School of Law. He is a non-executive director of Allan Gray Namibia, Allan Gray Botswana, Allan Gray Swaziland, an executive director of Allan Gray Proprietary Limited and a trustee of E².


Dr. Omu Kakujaha-Matundu – Trustee

Dr Omu Kakujaha-Matundu is the deputy dean of Economics and Management Sciences at the University of Namibia and serves as a commissioner to the Namibian Competition Commission. He earned a PhD from the Institute of Social Studies in the Netherlands, an MA from the University of Botswana and a BA from the University of Namibia. He is a non-executive director of Allan Gray Namibia.

Botswana Board of Trustees

Ambassador Legwaila: Joseph Legwaila – Chairman

Ambassador Legwaila served as Deputy Special Representative of the United Nations Secretary General for Namibia and Special Representative of the Secretary General of the OAU in South Africa. He also served as Special Representative of the Secretary General of the United Nations Mission in Ethiopia and Eritrea (UNMEE). Previously he worked for the Botswana presidency as Senior Private Secretary to the President, before going to New York as Botswana’s Ambassador and Permanent Representative to the United Nations. He obtained a BA and an MA from the University of Alberta in Canada in politics, history and international relations. He is a non-executive director of Allan Gray Botswana.


Thando Mhlambiso – Trustee

Thando leads Allan Gray’s activities outside South Africa. Over the last twenty years, he has worked in various capacities in principal investing, investment banking, and corporate law in Southern Africa and the United States. Thando earned an AB in Biology from Brown University, an MBA in Finance from Columbia University Graduate School of Business and a JD from Columbia University School of Law. He is a non-executive director of Allan Gray Namibia, Allan Gray Botswana, Allan Gray Swaziland, an executive director of Allan Gray Proprietary Limited and a trustee of E².



Goleele Mosinyi – Trustee

Goleele worked for PriceWaterhouseCoopers in Johannesburg and Gaborone for seven years before moving on to Fieldstone Capital doing project finance in New York and Johannesburg. Goleele spent the next four years working on mergers and acquisitions, debt capital markets and ratings advisory for JP Morgan London and Johannesburg. He is currently the Founding Executive Director of Kago Capital, a financial advisory and investing firm, with Brait SA as a significant minority shareholder. He is a non-executive director of Allan Gray Botswana.

Swaziland Board of Trustees

Dr Michael Matsebula – Chairman

Dr Matsebula is currently the CEO of the Swaziland Sugar Association. Previously, he was an Economics Professor at the University of Swaziland, where he had served continuously since 1972. He is a founding member of the African Economic Research Consortium as well as the Economics Association of Swaziland, which he served as its president for ten years. He is a member of the Monetary Policy Consultative Committee which monitors national and international developments for the purpose of advising the Governor of the Central Bank. He has been decorated twice with national honours in recognition of his meritorious efforts and had earned a doctoral degree at the Queen’s University in Canada, a master’s degree in Economics at the University of Manitoba, Canada and a bachelor’s degree at the then University of Botswana, Lesotho and Swaziland. He is a non-executive director of Allan Gray Swaziland.


Thando Mhlambiso – Trustee

Thando leads Allan Gray’s activities outside South Africa. Over the last twenty years, he has worked in various capacities in principal investing, investment banking, and corporate law in Southern Africa and the United States. Thando earned an AB in Biology from Brown University, an MBA in Finance from Columbia University Graduate School of Business and a JD from Columbia University School of Law. He is a non-executive director of Allan Gray Namibia, Allan Gray Botswana, Allan Gray Swaziland, an executive director of Allan Gray Proprietary Limited and a trustee of E².



Zodwa Mabuza – Trustee

Zodwa is currently the CEO of the Federation of Swaziland Employers and Chamber of Commerce. She earned a MSc degree in International Business from Lancaster University and a bachelor’s degree in Economics and Statistics from the University of Swaziland. She is a non-executive director of Allan Gray Swaziland.