CDC Group Plc, the UK’s development finance institution and impact investor, has named Thithi Kuhlase-Maseko as its new South Africa Head of Office and Coverage Director.
Kuhlase-Maseko will lead CDC’s Johannesburg office, deepening the firm’s deal- and portfolio-related activities in South Africa and strengthening stakeholder relationships in the country.
Kuhlase-Maseko joins CDC from the Eastern and Southern Africa Trade and Development Bank (TDB), where she served as Principal Coverage Officer for the southern Africa region. Prior to her tenure at TDB, she led strategic mandates and business development activities in several DFIs including Ithala Development Finance Corporation and Development Bank of Southern Africa.
A South African national, Kuhlase-Maseko holds an MBA from Lincoln University in Missouri, USA, and a BA in social sciences from the University of Swaziland.
“My role comes at an exciting time when South Africa is taking a bold step in focusing investments in key areas such as energy and climate, and forging partnerships that will help shape its next decade of growth,” she said.
“I am looking forward to leading CDC’s activities in the market that will contribute to transforming the country’s industries, ensure inclusive development and a sustainable future.”
Tenbite Ermias, managing director and Africa head at CDC, said: the DFI’s ambition in South Africa continues to be centred on utilising its long-term flexible capital to galvanise impact across sectors at scale to underserved and marginalised communities.
“Thithi has devoted over 20 years of her career to responsibly investing in pioneering businesses and sectors… her leadership will further strengthen CDC’s investment activities and market presence in South Africa,” Ermias said.