Specialist investment bank, Grindrod Bank, known for its private, corporate and institutional clients, announced today (01 October 2020) that it has appointed Tyrone Soondarjee as its Chairperson and Zola Malinga as Lead Independent Director, both of whom are current independent non-executive directors for the Bank. Soondarjee’s appointment follows the recent resignation of Amanda Dambuza as the Chairperson of the board in July 2020.  

Soondarjee has over 30 years’ experience within the corporate sector, holding a wide range of Senior Executive roles in the Financial Services, Telecoms & Professional Services industries. He brings not only a wealth of experience in the financial services industry, but a passion for growing businesses and empowering SMEs.

In addition to being a Chartered Accountant, Soondarjee has a BCompt Honours/CTA. He is a firm believer in collaboration in order to make a meaningful impact towards the economic transformation of ordinary South Africans, and currently serves as an Independent Audit Committee member of National Empowerment Fund.

Malinga, a Chartered Accountant, is the co-founder and executive director of Jade Capital Partners (Pty) Ltd, a 100% women-owned investment company. Prior to starting Jade Capital, she spent over 10 years as an investment banker in the financial services sector. Her professional experience is quite diverse including investment banking; property and equity finance; audit and financial management; investment management; corporate governance; and stakeholder management. .

Grindrod Bank congratulates Mr Soondarjee and Ms Malinga on their new appointments and the board looks forward to their continued valuable perspectives and contributions.

For more information contact:

Sarah Freestone

Marketing Manager

Tel: 031 333 5341

Email: [email protected]