Geoffrey Qhena

CEO: Industrial Development Corporation

Geoffrey Qhena started his career as an administration clerk in the then Soweto Council, and later joined KPMG as an articled clerk. At the same time he studied for a BCompt from the University of South Africa, which he obtained, and subsequently he completed a BCompt (Hons).

In 1992, he was appointed a lecturer at Vista University, lecturing students on the Soweto campus in accounting and auditing. He also qualified as a Chartered Accountant in 1993. Qhena first joined the IDC in 1994 as a business analyst but was recruited to the Transnet Group in 1995, initially as Project Finance Manager at Spoornet and later as Senior Manager: Restructuring at Transnet.

In 1999, he re-joined the IDC as head of Subsidiaries, Associates and Minority Interests and later became the head of Risk Management.

In 2001, he was promoted to the position of Executive Vice President: Professional Services. From September 2003 he held the position of Chief Financial Officer and in March 2005 was appointed CEO.

Directorships:

• Acerinox, SA, based in Spain
• Findevco (Pty) Ltd
• Foskor (Pty) Ltd- Chairman of the Board of Directors
• Industrial Development Corporation of South Africa Ltd- Managing Director