Coronation Fund Managers
Phakamani was appointed as an independent Non-Executive Director on 19 October 2020. He has a Masters in Economics from the University of Durban-Westville, a Master in Arts in Rural Development from the University of Sussex, is an alumnus of the Wharton Business School and the IMF Institute. He has served in senior management positions in both the public and private sectors. Most recently he served as the Group Chief Executive of Eskom Holdings. Before that he was the CEO of Corporate and Investment Banking (SA) at Barclays Africa and the CEO for the Land and Agricultural Bank. Phakamani also worked in the National Treasury for thirteen years serving as Head of Assets and Liabilities from 2003 to 2008. Phakamani is also consulting for the IMF and the United Nations Economic Community of Africa on financial markets.
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Coronation Fund Managers
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Coronation Fund Managers Limited is a South Africa-based investment-led, owner-managed business. The Company is an active investment manager that focuses on fund management. Its segments include Africa and International. The Company focuses on Institutional and Retail client markets. It manages institutional assets in South Africa and its product offering covers all asset classes across a number of geographies in both segregated and pooled mandates. Its institutional clients include pension and provident funds, medical schemes, and banking and insurance groups. It also manages assets for international retirement funds, endowments and family offices. The Company offers a focused range of funds matched to the needs of local investors, distributed through the non-affiliated channels of independent financial advisors and linked investment service providers. The Company operates its business in London, Dublin, Johannesburg, South Africa, Durban and Pretoria.