It is with great pleasure that we announce the appointment of our new CEO, Yogavelli Nambiar.
Yogavelli succeeds Anthony Farr, who tendered his resignation earlier this year after 12 years at the helm of the Foundation. He will be moving on to take up responsibilities for Allan & Gill Gray Philanthropies (Africa), a philanthropic arm of the Allan & Gill Gray Foundation.
At the time of his resignation, Anthony said: “The greatest adventure of my life was being part of the Allan Gray Orbis Foundation. But as with any adventure there comes a time to step aside.” Yogavelli inherits a well-established Foundation, equipped to embrace a range of new challenges associated with the modern world and to further grow the organisation.
“We are pleased to welcome Yogavelli to her new role as CEO of the Foundation. She has so many insights to offer and we look forward to drawing on her long line of experience developing entrepreneurs across the African continent,” says board chairman, Professor Njabulo Ndebele.
Professor Ndebele again thanked Anthony, who he says delivered well on the Foundation’s inception mandate to invest, inspire and develop individuals who will go on to become high impact, responsible entrepreneurs capable of transforming the future of the Southern African Region.
As the new CEO, Yogavelli joins the Foundation with extensive experience, having previously founded and headed up the Enterprise Development Academy at the Gordon Institute of Business Science (GIBS), business school of the University of Pretoria as its Director, where she led the entrepreneurship efforts of the school within the centre. Prior to that she was Country Director of Goldman Sachs 10,000 Women Initiative and led the design and delivery of this successful international women’s entrepreneurship programme in South Africa.
“I am excited to be part of the brainchild of Allan Gray and to work alongside a long line of capable individuals who work tirelessly to help make a sustainable, long-term and positive contribution to Southern Africa. Thank you to the board for entrusting me in my capacity as the Foundation’s new CEO,” Yogavelli says.
Professor Ndebele concludes: “Yogavelli’s experience and expertise will ensure future opportunities are harnessed while building on the institutional capabilities of the Foundation in the process.”