Fungai was appointed as Non-Executive Director of the Company in September 2016. He is currently the Managing Partner at Cayor Capital, a mid-market Pan-African private equity firm and the Non-Executive Chairman of Fidelity Life Assurance of Zimbabwe Limited. Fungai is also a member of NSSA’s Investment Committee, a similar role he once held at Public Investment Company, a South African government pension fund manager with over US$4.5 billion investment allocation for Africa. He has over 15 years’ private equity experience in Africa and is a seasoned private equity investor and fund manager. Prior to Cayor, Mr. Ruwende was a Partner at Actis, a leading emerging markets private equity fund manager with over US$5 billion of funds under management in India, China, Brazil and Africa. While at Actis and thereafter, he led investments in and sat on the boards of a number of companies spanning sectors in logistics, distribution, manufacturing, telecommunication, banking, insurance and property. He also has wide experience in strategy consulting having worked for Boston Consulting Group in New York and for Bain in London and Johannesburg. Mr. Ruwende holds a BSc (Hon) degree in Electrical Engineering from University of Zimbabwe and an MBA from Harvard Business School.