ADANSONIA INSURANCE BROKERS LIMITED
Brendon was schooled at Durban High School in Durban, South Africa. He worked for Standard Bank for two years up to early 1997, where after he headed for London. He acquired a broad range of investment banking focused consulting experience over a six-year period in London working for JP Morgan Chase, West Landes Bank, Deutsche Bank, Citibank and Reuters.
After completing his MBA at the Graduate School of Business, University of Cape Town in 2003, he headed for Thailand where he set up an entrepreneurial venture and then spent 2 years as an accounting and information technology business consultant at Diethlem Travel Group until October 2006.
Upon moving to Mauritius in November 2006, Brendon became a shareholder and was appointed Managing Director of Inter-Ocean Management Limited, a Mauritian offshore management company licensed by the Financial Services Commission in November 2006. He managed to return the business to profitability and grew the revenue base by 25% per annum up to 2012, in the process building up a valuable business network across a number of sub-Saharan countries. Inter-Ocean Management Limited was successfully sold to the Maitland Group, and rebranded Maitland (Mauritius) Limited in June 2012.
After completing his earnout at Maitland (Mauritius) Limited in 2014, Brendon, in partnership with Rudolf Pretorius and Zain Madarun formed Adansonia Holdings Limited. The group currently provides a number of value-add solutions to a range of corporate and private equity clients from the USA, UK, Middle East, Southeast Asia and Africa.
Brendon serves, inter alia, on the boards/investment committees of:
- Denham Capital’s African mining platform and its portfolio companies
- Alphamin Resources Corporation, a listed TSX company
- Novare Fund Manager Limited
Brendon holds dual South African and British citizenship and is married to Henda with 2 children.
After qualifying as a Chartered Accountant in South Africa in the mid 1980’s, Rudolf spent twelve years with Rand Merchant Bank and the FirstRand banking group, before founding Treacle Private Equity (Pty) Ltd in 2000.
Treacle raised and managed two successful general South African focused private equity funds between 2000 and 2015.
Rudolf is currently resident in Mauritius where he is a director of Adansonia Holdings, and serves on the boards of various investee companies spanning the information technology and financial services industries in Mauritius, sub-Saharan Africa and the USA. He also acts as independent non-executive director (and investment committee member) for a number of USA and South African based private equity funds that principally invest in Africa.
Zain has over 10 years’ experience in the global business sector in Mauritius and is a Fellow Member of the Association of Chartered Certified Accountants.
She started her career with CIM Global Business, where she performed a team leader role in the Fund Administration department. The role consisted of net asset valuation calculations, ensuring regulatory and compliance aspects for the funds under her responsibility as well as attending board meetings and dealing with clients.
As part of Zain’s portfolio while at CIM Global Business, she administered The Carlyle Group, an American multinational private equity, alternative asset management and financial services corporation, which entailed overseeing a team of 10 staff. This experience has aided Zain in acquiring a good understanding of the regulatory and operational aspects of funds, in particular private equity.
After spending 5 years with CIM Global Business, Zain joined Inter-Ocean Management Limited (now Maitland (Mauritius) Limited) as Manager of Corporate Services, and worked with Brendon. As part of her role, Zain oversaw a team of corporate administrators and senior corporate administrators and was responsible for the administration and execution of the full portfolio of companies and trusts. She also performed the Money Laundering Reporting Officer function of Maitland (Mauritius) Limited.
In 2015, Zain moved across to Adansonia Management Services Limited where she became a shareholder in the business in addition to taking on the Managing Director role. She oversees the day-to-day functioning of the business as well as being Company Secretary of Alphamin Resources Corporation, a TSX-listed entity which forms part of the Tremont Group.
Zain serves, inter alia, on the boards/investment committees of BSI Steel Africa Limited.
Zain is a Mauritian citizen married to Ahmad and has 2 children.
Welcome to Adansonia’s Izindaba. Izindaba is the Zulu word for “NEWS” and we hope that you will find the articles contained in the newsletter of interest.
- Mauritius 2018 Recap: The Mauritius International Financial Centre landscape changes with an eye on a sustainable future;;
- Mauritius receives green light in Organisation for Economic Co-operation and Development (“OECD”) Peer Review on harmful tax practices & Mauritius Residency Schemes;
- Adansonia CycleTour Ile Maurice 2019;
- An update on the performance of Adansonia PE Opportunities;
- Adansonia Executive Travel Schedules for 2019;
- Dates of our office closure over the festive season; and
- Mauritian Regulatory and Statutory Updates.