Bruce Zungu


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Chairman and Chief Executive Officer


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Years in Investment banking, Corporate finance, Private equity and Real Estate:

25 Years

Served as non-executive Director:

30 Portfolio Companies

Awards

Completed Transactions over the past 24 years of circa USD 10 billion

Author of Sovereign BEE Fund Document presented to BEE Advisory Council

Recent Experience

Advised Sasol on disposal of non-core assetsAcquisition and investment in automotive and construction and engineering companies in RSARaised circa USD 1bn in financing over the past 12 monthsMergerd Cornerstone with Atria Africa Group to create a regional financial service company in SADC

Education

BS in Finance from Emporia State University, Emporia, Kansas (USA)M.B.A from Rockhurst University’s Helzberg Business School, Kansas City, Missouri (USA)

As president and chief executive officer, Bruce is responsible for all operations within the Cornerstone group family of companies. Bruce leads Cornerstone Group Office of the CEO, a group that includes the top senior executive management and leadership of Cornerstone. Before becoming president and CEO, Bruce held the position as Non-Executive Director at Motseng Investment Holdings, and before that was Chief Investment Officer for the Group. 

In 2009 Bruce co-founded Tuffsan 89 Investment Holdings which later became Delta Property Fund and now listed on the JSE, with assets of circa R5bn (USD500M) (2013), he also successfully completed 4 principal/private equity investments valued at circa R300 million.

Bruce joined Kagiso Ventures as Deputy managing Director in 2004 where his portfolio was leadership and strategic management and execution of KVL business model, marketing and relationship building, deal sourcing, structuring and execution, financial, administration and human resource management. Portfolio value of around R2 billion.