Malungelo Zilimbola

Non-Executive Director

Malungelo Headman Zilimbola

Malungelo is the founder and Chief Investment Officer of asset management firm Mazi Capital and was CEO of Hulisani until 1 July 2017. Malungelo has more than 17 years of investment management experience working with leading financial services organisations including Investec and RMB.

Determined to showcase black talent within the financial services industry, he founded Mazi Capital in 2006 as a platform for driving transformation whilst not compromising on excellence and investment returns.

Mazi now has 25 black professionals on the team ranging from actuaries and engineers to accountants and statisticians. The team manages R41 billion in hedge funds, unit trusts and segregated institutional funds. In his capacity as CIO he oversees the investment management and strategic direction of Mazi Capital.

Malungelo holds an Honours degree in Quantity Surveying and Finance.