Our Team

The directors have overall responsibility for the Company’s affairs, including monitoring the performance of the manager and ensuring that the VCC status of the Company is maintained.

The Kalon team has over 200 years combined experience in investing and managing listed and unlisted investments, having nurtured a variety of companies to realize their potential.

Malcolm Segal
NON EXECUTIVE CHAIRMAN

(B.COM CA (SA) CPA (ISR))

Malcom is a former Grant Thornton Managing Partner and was on the board of Sasfin Bank and Sasfin Private Holdings. Malcolm currently sits on the boards of various companies.

CLIVE BUTKOW
CHIEF EXECUTIVE OFFICER

(B.SC COMP. SCIENCE & APPLIED MATHEMATICS)

Clive is the Former COO of Accenture South Africa. He currently supports and mentors technology businesses, assisting them in driving growth. He formed Kalon Venture Partners, with the purpose of focusing on investing in digital disruptive technologies.

ARNOLD BASSERABIE
NON EXECUTIVE DIRECTOR

(B.SC (MATHS; MATH STATS), CFP, ASA)

Arnold is the Former Group Chief Executive of Fedsure Financial Services Group. Arnold currently consults for numerous businesses, focusing on strategy and business development.

NICHOLAS LIEBMANN
NON EXECUTIVE DIRECTOR

(BCOM FINANCE)

Nic established a wealth management company, which was acquired by Sasfin Bank Limited. Nic is currently the co-founder and joint- CEO of Caleo Capital. His expertise span private equity, wealth management, financial advisory, property and venture capital.

Gil Oved
NON EXECUTIVE DIRECTOR

(B. COM ECONOMICS & MARKETING (CUM LAUDE) CFA)

Gil is co-CEO of the Creative Counsel which he co-founded in 2001. Gil also currently features on Shark Tank South Africa (TV) and previously Dragon’s Den South Africa. Gil has won many awards, including the EY Southern Africa World Entrepreneur Award in 2016.

ROMEO KUMALO
NON EXECUTIVE DIRECTOR

(DIP.BUS, MAP, MTS, M.COM, AMP)

Romeo is the former CEO of Vodacom / Vodafone of International Business. He is currently CEO of Washirika Holdings. Romeo has over 20 years of experience in the Information Communication and Telecoms industries.

GIL SPERLING
NON EXECUTIVE DIRECTOR

(B.SC ELECTRICAL ENGINEERING)

Gil founded Popimedia at age 23. Gil then expanded Popimedia internationally while it was acquired by Publicis Group. Gil currently invests, consults and mentors several technology companies.

FATIMA HABIB
NON EXECUTIVE DIRECTOR

(MCOM ECONOMICS, BCOM (HON) APPLIED PHYSCOLOGY, B.SC SOCIAL SCIENCES)

Fatima previously served on the Board of SEDA, having been appointed by the Minister of Trade and Industry and currently serves on the boards of several companies. Fatima has over 20 years of experience within all areas of business - HR, Finance, IT, Operations and Strategy.

LERON VARSHA
CHIEF OPERATING OFFICER

(BCOM BUSINESS AND ECONOMICS)

Leron has 20 years of experience as a technology specialist. Leron founded and ran a multitude of companies in the fast-moving consumer goods space. Leron negotiated with major multi-national brands and oversaw a turnover of a billion rand.