Our teams
Secretariat
Board

The role of the Secretariat is the overall implementation of the activities of Impact Investing SA. It is responsible for driving and executing the organisation’s strategy, with guidance and support from the Board. The Secretariat is currently hosted by UCT’s GBS Bertha Centre for Social Innovation and Entrepreneurship.

The role of the Board is oversight of the overall strategic direction of Impact Investing SA. It provides guidance and direction to the Secretariat for the execution of the organisation’s strategy.

Elias Masilela (Chairperson)
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Elias is the Executive Chairman of DNA Economics, Commissioner of the 1st & 2nd National Planning Commission. His previous roles include CEO of the PIC, Head of Policy Analysis at Sanlam, Act. Deputy Director General for Economic Policy at the South African National Treasury and Director of Research, Central Bank of Swaziland.

Currently he serves as Chairman of several influential entities in South Africa, namely V&A Waterfront, Absa Asset Management, Capital Harvest and Economic Research Southern Africa and serves on several boards including Multichoice SA, Alternative Prosperity Holdings, Future Planet Capital in London, Avior Capital Markets, Strate, Absa Financial Services and CA Sales.

Previously, He was also a member of the Boards of the South African Reserve Bank, the Government Employee Pension Fund, the Airports Company SA, as well as the UN Global Compact Board & Chairman of the (UNGC) SA Local Network.

He is founder of many initiatives such as the Financial Sector Charter Council, Economic Research Southern Africa (ERSA), Social security and retirement reform in South Africa, UNGC Africa Implementation Agenda for the SDGs, Macroeconomic and Financial Management Institute for Eastern and Southern Africa (MEFMI) previously ESAIDARM and the Ratepayers Association network in Swaziland, amongst others.

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Heleen Goussard
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Heleen is currently the Head of Alternative Investment Services at RisCura. Previous to this, she held the position of Private Equity Associate at RisCura. She is involved with the development of Impact Fund of Fund products and Impact reporting within RisCura. She has also served as an Assurance Director, Technical Partner for IFRS as well as the Head of Corporate Finance for PKF Cape Town. She believes that future opportunities that IISA may be well place to undertake are:
1. Educating institutional investor about the nature of Impact vs ESG
2. Trying to put together a very, very basic reporting framework that allows investors to aggregate info across investments. This is a very long-term goal, and there are as many opinions as people, but Heleen considers it essential.

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Tshediso Matona
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Tshediso currently leads a multidisciplinary team of experts supporting the National Planning Commission in the Presidency, which is the think-tank responsible for long-term planning and promoting the National Development Plan - Vision 2030. His roles involve strategic advice and consulting at highest level (cabinet), and networks with leaders in business (CEOs), labour, the media, academics and the consulting industry.

His previous roles include Eskom Executive, Director-General (DG) of Public Enterprises (Department) and DG of Trade and Industry (DTI). Tshediso has over 25 five years of public sector leadership experience, inter alia in the fields development/planning; world trade; industrial policy; investment; economic regulation; BBBEE/enterprise development; and Corporate Governance. He has led large, complex organisations with significant transformational impacts on business and the economy, across several industries and state-owned enterprises.

Tshediso brings deep, crosscutting grasp of critical economic and social sectors that constitute the impact investing space, strategic planning skills, along with established stakeholder networks with the state’s key policy implementing arms and private sector actors.

He was part of the expert steering committee for the UNDP SDGs Investor Map undertaken with the UCT GSB’s Bertha Centre which identified impact investment opportunities in agriculture, healthcare, education and infrastructure. He believes that IISA is central to taking this process forward, and a low hanging fruit are student accommodation, early learning provision, low-fee private schooling and digital infrastructure for low-income communities.

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Mandy Jayakody
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Mandy Jayakody is an entrepreneur and consultant and has worked in the Environmental, Social and Governance (ESG) for clients and projects in the public and private sector in some sort or form over the last 18 years. In 2022, two (2) of the projects she worked on were presented at the UK Government Outcomes Labs, Social Outcomes Conference held at the University of Oxford; one focusing on investment in the affordable housing space and the other in green outcomes funding for SMMEs. Mandy has a wide range of experience and has worked on various projects in South Africa (SA), Rwanda, Mozambique, Swaziland, Abu Dhabi, Saudi Arabia and the United Kingdom (UK). Some of her experience include being mentor on the Major of London’s Green 500 programme, technical advisor on the Mayor of London’s Green Procurement Code and project manager on the Green Outcomes Fund. She is an accredited Green Buildings Professional and has also served as a member of the Technical Working Groups for the development of the Green Buildings Council of SA Public Buildings Tool and Stakeholder Engagement and Reporting and Corporate Citizenship and Sustainability, for the development of King IV Report of Corporate Governance.
She has a Masters in Civil Engineering from the University of the Witwatersrand and is co-founder and owner of Aquila Projects (Pty) Ltd. She was awarded the 2018 African Construction Awards – Young Entrepreneur Rising Star. Mandy was also a finalist in the 2018 Standard Bank Top Women Awards for the Infrastructure category. In December 2021 she was appointed by the Minister of Human Settlements to serve on the board of the National Home Builders Registration Council.

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Peggy-Sue Khumalo
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Peggy-Sue Khumalo is the former CEO of Standard Bank Wealth SA and has an array of experience in financial services. She was responsible for the South African operations of Standard Bank's wealth business, which includes short and long-term insurance, asset management, pension fund operations, and fiduciary services for high net-worth individuals, corporate clients, and commercial and retail clients. She began her career in financial services after being offered a scholarship by the then State President, Mr. Nelson Mandela in collaboration with Stephen Koseff (former Group CEO) of Investec Bank to study Economics at the University of Manchester, UK. Prior to her studies, she ran her own PR and Communications company that boasted the likes of Anglo American as clients.

After completing her Master's degree, Peggy-Sue joined Investec Bank UK in 2004 where she was a Fixed Income analyst focusing on credit analysis of the European telecommunications, media, and technology sectors. She also has completed the Authentic Leadership Development Program at Harvard Business School, and is a 2013 Archbishop Desmond Tutu Leadership Fellow.

Peggy-Sue is passionate about financial inclusion, social impact and sustainability. She continues to work with several charities, including Little Eden, MSUKUMO and the Teddy Bear Foundation. Throughout her career she has been credited for accessing new markets and unlocking new business opportunities. She is not only defined by her expansive career in financial services or by her achievements and accolades, but her most significant role to date is being a mother to her two brilliant daughters, Nobuhle and Siphosethu.

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Leila Akahloun
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Leila Akahloun is an international development specialist and a social justice strategist. Leila has 20 years’ experience in accelerating social change through strategic investments in innovative development initiatives and high-impact advocacy. She also has expertise in creation and implementation of high-level organizational strategies, communication and branding initiatives, as well as high net worth partnership building and fundraising. She is a strong believer that the private sector, together with civil society and the public sector, need to work together as equal partners in creatively contributing to the social good. Therefore, in her professional capacities, she supports efforts and organizations that help these stakeholders apply their unique strengths to solve development challenges and collectively meet targets such as the Sustainable Development Goals and the Africa Agenda 2063.. She works cross-sectorally and has extensive networks in both civil society and social enterprise circles via Ashoka and Echoing Green Fellowships, the African Leadership Network, Play Africa, and the Graça Machel Trust Women’s Networks, just to name a few. Leila has a proven ability in NGO management and capacity building with NGOs through strategic investments, organizational planning and institutional development. She further has success in corporate, private foundation and multilateral donor agency proposal development and grant management. Leila has an extensive amount of on the ground work experience in numerous countries in North and South America, Africa and Asia, and she speaks Spanish, Portuguese, and Mandarin Chinese.

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Mahlatsi Molokomme
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Mahlatsi is the lead of Infrastructure and Project Preparation Financing serving in the Presidential Infrastructure Coordinating Committee TTT / Infrastructure South Africa, with a private sector background in institutional investment consulting. During her tenure at Alexander Forbes she was voted as Chairperson of the Alexander Forbes Investments AC Committee, gaining early exposure to working with executive leadership on key strategies for the investments business. Mahlatsi’s role in the joint investment committee between Absa Mutli-Managers, Sanlam ACA Investment Consultants and Alexander Forbes Investments; embedded a collaborative approach to structuring outcomes driven investment solutions. Good communication and analytical skills, a technical foundation in Actuarial Sciences bolstered by a Masters degree in Development Finance from the University of Stellenbosch, have enabled Mahlatsi to develop a career as a multifaceted development finance professional. She is a member of the advisory board to the Sustainable Materials and Construction Technologies (SMaCT) Research Centre in the School of Civil Engineering and The Built Environment of the University of Johannesburg. In addition to being an aspiring African change agent, Mahlatsi is an avid mountaineer who has summited Uhuru Peak on Mount Kilimanjaro in Tanzania.

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