About Thesele
Our Team
Thesele’s leadership comprises experienced and highly regarded senior professionals.
Sello Moloko
Co-Founder and Executive Chairman
Sello Moloko is the Executive Chairman and co-founder of Thesele Group, a wholly Black owned diversified investment holding company. Sello has a wealth of business experience gained over more than twenty- five years with an established career in financial services (investment management and employee...Sello Moloko
Co-Founder and Executive Chairman
Sello Moloko is the Executive Chairman and co-founder of Thesele Group, a wholly Black owned diversified investment holding company. Sello has a wealth of business experience gained over more than twenty- five years with an established career in financial services (investment management and employee benefits).
Outside of Thesele Group, Sello holds the position as Independent non-executive Chairman at ABSA and serves on the boards as Non-executive Director at DG Capital. He was previously the independent non-executive Chairman of Telkom SA SOC Ltd and Guardrisk Group. He also served on the boards as Non-executive Director of Prudential Investment Managers, Momentum Metropolitan Holdings, Momentum Metropolitan Life, and JSE listed Stor-Age REIT Limited.
He was previously the Chairman of Sibanye-Stillwater Limited and General Reinsurance Africa. Sello has served on several boards of listed companies including Alexander Forbes Group Holdings Limited (as non-executive Chairman),Gold Fields Limited, Makalani Holdings Limited, Acucap Properties Limited and Sycom Property Fund. He is the former CEO of Old Mutual Asset Managers and former deputy CEO of Capital Alliance Asset Managers, firms he initially joined as senior portfolio manager and analyst respectively.
Sello is a trustee of the UCT Foundation and the Nelson Mandela Foundation where he chairs the Investment Committee. He was the national president of the Association of Black Securities and Investment Professionals ("ABSIP") from 2005 to 2007. In 2003, ABSIP presented him with the Financial Services Pioneer Award in recognition of career his achievements in the field of investment management.
Sello was born and raised in Soweto and matriculated at Seana Marena Senior Secondary School in 1982. He holds a Bachelor of Science degree and a Post Graduate Certificate in Education both from the University of Leicester in the UK. He also attained the Advanced Management Program from the Wharton School.
Thabo Leeuw
Co-Founder and CEO
Thabo has more than 27 years’ experience in the food and beverages, petrochemicals, information and communications technology, and financial services sectors. He currently serves as the chairperson of Hulamin and is an independent non-executive director and the chairperson of the Remuneration Commit...Thabo Leeuw
Co-Founder and CEO
Thabo has more than 27 years’ experience in the food and beverages, petrochemicals, information and communications technology, and financial services sectors.
He currently serves as the chairperson of Hulamin and is an independent non-executive director and the chairperson of the Remuneration Committee at Rhodes Food Group. Thabo also serves as the chairman of Vexila, non-executive chairman of ICAS Southern Africa and non-executive director of Attacq. He also serves as a member of Prudential’s Board and sits on their Social, Ethics and Transformation Committee.
Oliver Petersen
Executive Director
Oliver joined Thesele in 2015 and is an Executive Director responsible for sourcing, executing and managing Thesele portfolio companies. Before joining Thesele, he was a senior deal executive at CapitalWorks Private Equity, CEO of Brait’s Alternative Equity Partners and chief operating officer of Ci...Oliver Petersen
Executive Director
Oliver joined Thesele in 2015 and is an Executive Director responsible for sourcing, executing and managing Thesele portfolio companies. Before joining Thesele, he was a senior deal executive at CapitalWorks Private Equity, CEO of Brait’s Alternative Equity Partners and chief operating officer of Circle Capital Ventures. Oliver is a member of the South African Institute of Chartered Accountants and he is also a former secretary-general of the Association of Black Securities and Investment Professionals.
Kam Chetty
Executive Director
Kam has more than 14 years’ experience in private equity and investment banking. Prior to joining Thesele, he was a principal in the Ethos Fund VI buyout fund. His responsibility is deal origination and execution. Kam has served as a board member of a number of portfolio companies.Kam Chetty
Executive Director
Kam has more than 14 years’ experience in private equity and investment banking. Prior to joining Thesele, he was a principal in the Ethos Fund VI buyout fund. His responsibility is deal origination and execution. Kam has served as a board member of a number of portfolio companies.
Yolande Mahlangu
Senior Executive
Yolande joined Thesele in November 2023. Prior to joining Thesele, she held senior executive roles in private equity and investment holding companies - Kagiso Tiso Holdings, Pan-African Private Equity and Yard Capital. She has served as a Board member of a number of companies. Directorships Vexila, ...Yolande Mahlangu
Senior Executive
Yolande joined Thesele in November 2023. Prior to joining Thesele, she held senior executive roles in private equity and investment holding companies - Kagiso Tiso Holdings, Pan-African Private Equity and Yard Capital. She has served as a Board member of a number of companies.
Directorships
Vexila, Probe Group, Guardrisk, Transpaco Ltd, Mortimer Thesele Motors.
Qualifications
BAcc (Natal); PGDA (Natal); CA(SA)
Laurisha Lachman
Executive Assistant
Laurisha has 15 years’ experience in positions across various sectors, including investment banking, hospitality and property management. Her role is to make sure that the team is well supported, liaising with external stakeholders on team members’ behalf and enabling them to optimise their time as ...Laurisha Lachman
Executive Assistant
Laurisha has 15 years’ experience in positions across various sectors, including investment banking, hospitality and property management. Her role is to make sure that the team is well supported, liaising with external stakeholders on team members’ behalf and enabling them to optimise their time as they focus on the core business of the organisation.
Dineo Sathekege
Senior Associate
Dineo joined Thesele in September 2023. Prior to joining Thesele, Dineo spent 7 years at Allan Gray where she completed her articles and moved on to become an equity analyst. Qualifications: Bcom (UCT); PGDA (UCT); CA(SA)Dineo Sathekege
Senior Associate
Dineo joined Thesele in September 2023. Prior to joining Thesele, Dineo spent 7 years at Allan Gray where she completed her articles and moved on to become an equity analyst.
Qualifications: Bcom (UCT); PGDA (UCT); CA(SA)
Zola Geya
Office Manager
Zola has vast experience in clerical support, client liaison, recruitment, inventory control, travel arrangements and events management. She recently joined Thesele Group as the office manager and her role is to ensure the smooth running of the office on a day-to-day basis, including ensuring that o...Zola Geya
Office Manager
Zola has vast experience in clerical support, client liaison, recruitment, inventory control, travel arrangements and events management. She recently joined Thesele Group as the office manager and her role is to ensure the smooth running of the office on a day-to-day basis, including ensuring that office operations and procedures are organised, correspondence is up to date, filing systems are in order, supply requisitions are reviewed and approved, and that clerical functions are properly assigned and monitored.
Who we are
Thesele Group (Pty) Ltd is a 100% black-owned investment holding company founded in 2005 by its founding shareholders, Sello Moloko and Thabo Leeuw. It was established with funding secured from Standard Bank and Sanlam as its anchor investors.
Thesele is currently owned by its founders and management (95.2%) and the Thesele Foundation (4.8%).
The name “Thesele” originates from the reverent name given to the great King Moshoeshoe who united the various Basotho clans into one. Basotho proudly refer to themselves as “Bana Ba Thesele”, meaning the children of Thesele.
It is based on the original Thesele’s founding philosophies that the company has built its core values:
Honour
Accomplishment
Leadership
Transformation
Mission
To build a pre-eminent business underpinned by high-quality assets, strong professional teams and a strong work ethic.
Vision
To be an investment partner that drives the creation of sustainable economic and social worth.
What we do
We partner with companies that have good growth prospects and where we can help unlock further value.
Established businesses with a track record of positive earnings
Solid and experienced management team
Entrepreneurial companies looking to take their business to the next level
Good growth prospects, e.g. require growth capital to unlock value over the medium to long term
Highly cash generative
High barriers to entry (strong brands, scale, technological edge, proprietary asset or some sustainable competitive advantage)