Leadership
Executive Directors
Braam Viljoen
Group Chief Executive Officer
Braam Viljoen
Group Chief Executive Officer
CA(SA), CFA, MCom (Financial Management)
55 years oldSubsequent to his internship with Deloitte and consequent qualification as a Chartered Accountant, Braam Viljoen joined the Risk Management division of Investec Bank Limited. He was later repositioned, and for the succeeding four years, was fundamentally involved in the bank’s Specialised Finance division. In 1998, Braam co-founded Merchant West within the Specialised Finance Division of a JSE-listed corporation. He held the position of Managing Director until 2002 when the business was repurchased and rebranded as Merchant West Holdings. Since then, he has served as the Group Chief Executive Officer. Braam’s tenure with the company spans 25 years. Braam is a CFA® charter holder, a Chartered Accountant and holds a Master of Commerce degree in Financial Management from the Rand Afrikaans University (RAU).
Johan Pretorius
Group Chief Operating Officer
Johan Pretorius
Group Chief Operating Officer
BCom Hons (Accounts), CA(SA)
45 years oldSubsequent to completing his articles at PKF (JHB) Inc. in 2004, Johan Pretorius joined Merchant West, and was appointed as Merchant West’s Group Financial Manager. Progressing within the organisation, Johan was promoted to the role of Group Financial Director in 2005, overseeing the financial affairs of the holding and associate companies. His career trajectory continued in 2013 when he assumed the position of Director of Business Development, contributing to the Specialised Finance team at Merchant West. In pursuit of strategic objectives, Johan relocated to Cape Town at the end of 2013, becoming the Regional Director of the Merchant West Cape Town branch. In October 2018, he expanded his role to Group Regional Director, undertaking responsibilities for all regional branches and spearheading the regional roll-out strategy. In October 2021, Johan was appointed to Group COO. Johans tenure with the company spans 20 years. Johan holds a Bachelor of Commerce (BCom) Honours, Accounting from the University of Pretoria and is a Chartered Accountant
Philip Lochner
Group Chief Financial Officer
Philip Lochner
Group Chief Financial Officer
BCompt (Hons), PGDA, CA(SA)
55 years oldAfter completing articles with PwC and earning qualification as a Chartered Accountant, Philip Lochner, accumulated over 25 years of experience in the Corporate, Business, and Commercial Banking divisions with Absa and FNB. His extensive career involved various roles in Internal Audit, Specialised Finance, Treasury, and Asset Finance. Philip held CFO positions in FNB Agriculture and FirstRand Commercial Credit before joining Merchant West. In October 2021, he assumed the position of Group Chief Financial Officer. Philips tenure with Merchant West spans 2 years. Philip holds a Bachelor of Accounting Science Honours Degree from the University of South Africa (UNISA), as well as a Postgraduate Diploma in Accounting from the University of Natal
Non-Executive Directors
Tladi Ditshego
Non-Executive Director
Tladi Ditshego
Non-Executive Director
AMP, PGCE, BSc (Hons), MA, BA
64 years oldTladi Ditshego currently holds the position of Holdings Board Chairman at Merchant West. With several years of experience as a Director of Companies, Tladi serves as the current chairman of various entities, including Merchant West Holdings, Utho Capital SMME Infrastructure Fund, Toll Infrastructure Service, South Coast Stone Crushers, and the Digmin Group. In addition to his current roles, Tladi is the former Chairman of the Export Credit Insurance Corporation of South Africa Limited (ECIC) and Kelvin Power Holdings. Before his chairmanship roles, he served for six years as the CEO of the J&J Group, an investment management company. Tladi's involvement in project development spans the past 23 years, during which he has collaborated with top Construction Companies in South Africa, specialising in construction-related Public Private Partnerships (PPPs). Tladi holds an AMP, PGCE, and BSc (Hons), with an MA from Columbia University and a BA from Georgetown University.
Kaushik Patel
Non-Executive Director
Kaushik Patel
Non-Executive Director
BAccSc (Hons), CA(SA)
62 years oldKaushik Patel serves as a Non-Executive Director at Merchant West. Over his career, Kaushik has held various senior executive positions, showcasing his extensive experience. His roles include Finance Executive and Director at African Bank from 1998 to 1999, Financial Director at TEBA Bank from 1999 to 2000, Deputy CFO and later CFO at Telkom from 2000 to 2007, and CFO at SAA from 2007 to 2011. Subsequently, he served as CFO at J&J Group from 2011 to 2014. Currently, Kaushik holds the position of Managing Director in the ETG Group, one of the largest and fastest-growing integrated agricultural conglomerates in Africa, with an international presence in 52 countries. Additionally, he holds various non-executive board positions. Kaushik holds a Bachelor of Accounting Science (Honours) degree from the University of South Africa and is a qualified chartered accountant.
Lungile Mdluli
Non-Executive Director
Lungile Mdluli
Non-Executive Director
BCom Hons (Accounting), Bacc
48 years oldLungile Mdluli serves as a Non-Executive Director at Merchant West. She completed her articles at KPMG in Johannesburg, qualifying as a chartered accountant in 2000. Following her articles, Lungile joined WipCapital, a subsidiary of Women’s Investment Portfolio Holdings, as a manager in the Debt Products team. Subsequently, she moved to De Beers in 2002, initially as a project accountant in the Group Exploration Finance department, later transitioning to its Corporate Finance department. In 2005, Lungile became a part of the Metier Investment and Advisory Services team. Currently, she serves as a director and principal in the private equity team, with responsibilities including the execution of new deals and the management of portfolio companies. Lungile holds various directorships and has contributed to the South African Venture Capital and Private Equity Association (SAVCA) as its treasurer from 2015 until her recent term's completion. Lungile holds a Bachelor of Commerce (BCom) Honours, Accounting from the Rand Afrikaans University as well as a Bachelor of Accounting from the University of KwaZulu-Natal.
Modula Mofolo
Non-Executive Director
Modula Mofolo
Non-Executive Director
MFin (development finance) (Cum Laude), LLB, BA (Law)
48 years oldModula Mofolo serves as a Non-Executive Director at Merchant West. She completed her Articles at Webber Newdigate Attorneys Inc. and was admitted to the bar in 2000. Currently self-employed, Modula is a former Investment Executive, Private Equity at WDB Investment Holdings (Pty) Ltd (WDBIH), where she drove the strategy for, implemented, and managed the mid-cap private equity investment portfolio. She also served as a Managing Director at Utho Capital Fund Managers (Pty) Ltd and an Executive Director at Musa Capital Fund Managers (Pty) Ltd. Additionally, Modula has experience as a Legal Advisor and Compliance Officer at Khula Enterprise Finance Ltd (now Sefa). Modula holds a master’s degree in development finance (Cum Laude), LLB, and BA (Law) degrees obtained in 2014, 1999, and 1997 respectively.
Executive Committee
Braam Viljoen
Group Chief Executive Officer
Braam Viljoen
Group Chief Executive Officer
CA(SA), CFA, MCom (Financial Management)
55 years oldSubsequent to his internship with Deloitte and consequent qualification as a Chartered Accountant, Braam Viljoen joined the Risk Management division of Investec Bank Limited. He was later repositioned, and for the succeeding four years, was fundamentally involved in the bank’s Specialised Finance division. In 1998, Braam co-founded Merchant West within the Specialised Finance Division of a JSE-listed corporation. He held the position of Managing Director until 2002 when the business was repurchased and rebranded as Merchant West Holdings. Since then, he has served as the Group Chief Executive Officer. Braam’s tenure with the company spans 25 years. Braam is a CFA® charter holder, a Chartered Accountant and holds a Master of Commerce degree in Financial Management from the Rand Afrikaans University (RAU).
Charl Greyvensteyn
Director: Agriculture and Regional Offices
Charl Greyvensteyn
Director: Agriculture and Regional Offices
BCom (Accounting), BCom Hons (Strategic Management)
54 years oldWith 18 years of credit experience, Charl Greyvensteyn gained expertise during his tenure at Standard Bank and Absa, focusing on specialised finance, project finance, acquisition & leveraged finance, securitisation, structured trade & commodity finance, commercial property finance, and corporate banking across all sectors. Charl's extensive credit background encompasses both structuring and sanctioning, including serving as a quorum member on various credit committees. Bringing in-depth managerial experience, primarily within the specialized and corporate banking credit teams. After transitioning to front-office sales in 2015 as the Regional Head of mid-Corporates Northern, Northwest, and Free State regions, Charl advanced to become the Head of Agriculture for Absa Corporate Banking across Africa. Following this, he joined GroCapital in January 2019 as Managing Director and Executive Director of Agriculture before joining Merchant West in January 2021 as the Regional Head for Pretoria. Charl currently serves as Director of agriculture and Regional Offices at Merchant West. Charl holds a Bachelor of Commerce degree in Accounting, as well as a Bachelor of Commerce Honours degree in Strategic Management from the University of Johannesburg.
Gerald Burton
Director: Business Development
Gerald Burton
Director: Business Development
Dip Gen. Man
59 years oldWith over 31 years of experience in Vehicle and Asset-Based Finance at WesBank, Gerald Burton brings a wealth of expertise. Gerald has spent over 15 years in various Executive Management roles spanning both the Retail and Corporate segments. As an experienced and accomplished business leader, Gerald is recognised for his commercial acumen and strong entrepreneurial leadership qualities. His primary focus lies in developing new business across all Merchant West products and markets. Gerald holds a Diploma in General management from Henley Business School – London.
Graydon Morris
Managing Director: Sterling Private Wealth
Graydon Morris
Managing Director: Sterling Private Wealth
BCom (Economics and Finance), CFP
53 years oldGraydon Morris gained valuable experience as one of the youngest Senior Directors at Alexander Forbes in the late 1990’s and early 2000’s. His expertise covers retirement fund consulting, employee benefits, and private client advisory services, guiding executives and corporate trustees in South Africa's top companies. Graydon is a Founding Director of Sterling Private Wealth. Graydon holds a BCom degree, majoring in Economics and Finance from the University of Port Elizabeth (now Nelson Mandela University), he is also a member of the Financial Planning Institute and a Certified Financial Planner® professional.
Johan Pretorius
Group Chief Operating Officer
Johan Pretorius
Group Chief Operating Officer
BCom Hons (Accounts), CA(SA)
45 years oldSubsequent to completing his articles at PKF (JHB) Inc. in 2004, Johan Pretorius joined Merchant West, and was appointed as Merchant West’s Group Financial Manager. Progressing within the organisation, Johan was promoted to the role of Group Financial Director in 2005, overseeing the financial affairs of the holding and associate companies. His career trajectory continued in 2013 when he assumed the position of Director of Business Development, contributing to the Specialised Finance team at Merchant West. In pursuit of strategic objectives, Johan relocated to Cape Town at the end of 2013, becoming the Regional Director of the Merchant West Cape Town branch. In October 2018, he expanded his role to Group Regional Director, undertaking responsibilities for all regional branches and spearheading the regional roll-out strategy. In October 2021, Johan was appointed to Group COO. Johans tenure with the company spans 20 years. Johan holds a Bachelor of Commerce (BCom) Honours, Accounting from the University of Pretoria and is a Chartered Accountant
Keith Watson
Managing Director: Merchant West Asset Finance
Keith Watson
Managing Director: Merchant West Asset Finance
BCom, MBA
53 years oldWith a career spanning 20 years at Standard Bank, Keith Watson dedicated 12 years to the Vehicle and Asset Finance business division. His journey at Standard Bank included serving as the director of the Vehicle and Asset Finance department, overseeing Strategy and Business Support. Subsequently, he transitioned to the role of Director of Sales. In August 2014, Keith joined the Merchant West Group, initially responsible for overseeing the vehicle finance division. In November 2016, he assumed the position of Managing Director of Merchant West Asset Finance. Keith holds a Bachelor of Commerce degree from the University of South Africa (UNISA) and a master’s degree in business administration from Heriot Watt University, Edinburgh Business School.
Keri Kirsten
Group Chief Information Officer and Managing Director: Merchant West Fleet
Keri Kirsten
Group Chief Information Officer and Managing Director: Merchant West Fleet
BCom (Hons)
55 years oldInitially starting his career in Software Development, Keri Kirsten soon started specialised in Fleet Management Systems. Throughout his 25-year career, Keri has held various specialist and management roles with entities such as Investec Fleet, LeasePlan (CIO) South Africa, and Absa Vehicle Management Solutions (MD). In 2013, he transitioned from the corporate fleet world to join Abela, a private fleet consultancy. Alongside his partners, they ventured into building a Full Maintenance Leasing business. In 2018, Merchant West Holdings acquired a controlling stake in the company, leading to a name change to Merchant West Fleet. Keri now serves as the Managing Director, bringing his extensive experience to the strategic leadership of the Fleet division at Merchant West. Furthermore, his past positions in IT and as a CIO contribute valuable expertise in systems and data to the team, a resource that is currently being utilized. Keri also assumes a dual role, concurrently serving as the Chief Information Officer for Merchant West. Keri holds a Bachelor of Commerce Honours degree in Business Information Systems from the University of the Witwatersrand.
Matthew Simpkins
Managing Director: Merchant West Specialised Finance
Matthew Simpkins
Managing Director: Merchant West Specialised Finance
B Com Hons (Invest. Man), CFA
41 years oldMatthew Simpkins is a seasoned debt capital markets professional with over 16 years of industry experience. In 2009, he joined the head office of a JSE-listed financial services company, where he developed expertise in debt capital markets, structured finance, securitisation, asset and liability management (ALM), and treasury management. During his 10-year tenure, Matthew played a pivotal role in leading the origination and structuring of various debt-funding transactions, collaborating with both local and international investors. In 2020, Matthew brought his wealth of experience to the Merchant West Group, where he currently holds the position of Managing Director of Merchant West Specialised Finance. Matthew is a CFA® charter holder and holds a Bachelor of Commerce Honours degree in Investment Management from the University of Johannesburg.
Michael (Mike) Brandon
Managing Director: Merchant West Working Capital Solutions
Michael (Mike) Brandon
Managing Director: Merchant West Working Capital Solutions
B Com (Economics), AIPSA, CTFP, PDip BM
46 years oldMike Brandon has worked for several local and international banks over the past 26 years, in various senior credit, business development, product and sales capacities. As an ICC certified Trade Finance Professional (“CTFP”), Mike has structured trade and working capital deals both in South Africa and across the region including Namibia, Swaziland, Lesotho, Mozambique, Zimbabwe, Malawi, Kenya, Tanzania, and Mauritius. Before joining Merchant West in 2022 in his current capacity, Mike was the Head of Customised Trade Solutions at Nedbank CIB where he led the commercial adoption of platform-led Supply Chain Finance solutions for several major corporates in the South African market. Mike holds a Bachelor of Commerce in Economics from the University of South Africa as well as a Post Graduate Diploma in Business Management (PDip BM) from Mancosa.
Nico Le Roux
Managing Director: Merchant West Incompass Treasury Solutions
Nico Le Roux
Managing Director: Merchant West Incompass Treasury Solutions
BCompt (Hons), CFP
48 years oldNico Le Roux’s professional journey began at PricewaterhouseCoopers, where he completed his accounting Articles and became a registered accountant with SAIPA. Later, Nico transitioned to the wealth management division of PwC, working as a consultant. Nico co-founded Incompass Proprietary Limited and assumed the role of Group CEO. Following the acquisition by Merchant West Holdings, he currently holds the position of Managing Director of Merchant West Incompass Treasury Solutions. Nico holds a Bachelor of Accounting Science Honours Degree from the University of South Africa, as well as an Advanced Diploma in Financial Planning from the University of the Free State.
Paul Stewart
Managing Director: Merchant West Investments
Paul Stewart
Managing Director: Merchant West Investments
BA (Industrial Psychology) and BBA (Economics, Finance)
54 years oldPaul Stewart brings over 29 years of experience in the financial services industry, having worked in investments both internationally and in South Africa. Since 2005, he has been associated with Bridge Fund Managers and its predecessor companies Plexus and Grindrod Asset Management. In 2020, the Bridge business was acquired by Merchant West Investments, and Paul has held the position of Managing Director ever since. Throughout his career, Paul has been actively involved in industry committees, including serving on and chairing various committees such as ACI and Asisa. Additionally, he is a Fellow of the SA Institute for Financial Markets. Paul holds a Bachelor of Arts in Industrial Psychology as well as a Bachelor of Business Administration (Economics, Finance) from the University of South Africa (UNISA).
Philip Lochner
Group Chief Financial Officer
Philip Lochner
Group Chief Financial Officer
BCompt (Hons), PGDA, CA(SA)
55 years oldAfter completing articles with PwC and earning qualification as a Chartered Accountant, Philip Lochner, accumulated over 25 years of experience in the Corporate, Business, and Commercial Banking divisions with Absa and FNB. His extensive career involved various roles in Internal Audit, Specialised Finance, Treasury, and Asset Finance. Philip held CFO positions in FNB Agriculture and FirstRand Commercial Credit before joining Merchant West. In October 2021, he assumed the position of Group Chief Financial Officer. Philips tenure with Merchant West spans 2 years. Philip holds a Bachelor of Accounting Science Honours Degree from the University of South Africa (UNISA), as well as a Postgraduate Diploma in Accounting from the University of Natal
Thomaides (Thomas) Kruger
Director: Group Risk
Thomaides (Thomas) Kruger
Director: Group Risk
BCom (Fin. Man), MBA
45 years oldThomas Kruger commenced his career as a graduate at Standard Bank in 2000. Over 12 years, he garnered extensive experience in Personal & Business Banking and Corporate & Investment Banking. Thomas specialised in Corporate and Investment Banking Credit, focusing primarily on Investment Banking Debt Leverage and Structured Finance portfolios during his tenure at Standard Bank. In 2013, he joined Merchant West as the Head of Credit. In June 2020, Thomas was appointed as the Group Risk Director. Thomas holds a Bachelor of Commerce degree in Financial Management from the University of the Free State, as well as a master’s in business administration from the Gordon Institute of Business Science (GIBS), further enhancing his qualifications and contributing to his leadership role in risk management at Merchant West.