PPS Investments announces strategic appointments

PPS Investments (PPSI) has made three senior appointments as it pursues its growth ambitions and bolsters its talent density. Effective 1 April, 2024, Maxwell Mojapelo, Rushil Jaga, and Gerrie Scholtz will join the PPS Investments team.

Maxwell Mojapelo will head up the PPSI Investment Solutions proposition and distribution efforts, which will include the business’ Multi-Managed and Discretionary Fund Management (DFM) solutions. Rushil Jaga will head up PPSI’s Partnership Asset Management proposition and distribution team and Gerrie Scholtz will take up the role of Client Director in the team.

Maxwell and Rushil also join the PPSI executive team.

Commenting on the appointments, Shaun Ruiters, CEO of PPS Investments said:

“We are excited to have this calibre and depth of talent joining our executive team. It demonstrates the aspirations of highly skilled industry talent to join our purpose-led business and contribute to the creation of shared and lasting positive benefits for PPS members, for the graduate professional community and South Africa at large.

“Under the leadership of Rushil and Maxwell, we look forward to delivering on our strategy to create tailored solutions for our intermediary partners and their PPS members, and more broadly for South Africans. Achieving consistent long-term returns which exceed our members expectations and offering savings, investment and retirement solutions relevant for their future needs remains our priority. We will continue to expand our team to enable PPSI’s growth aspirations and the ever-changing needs of our members. We are equally committed to bolstering talent in our investment team and capabilities to complement our future ambitions” concludes Ruiters.

Previously from Sanlam Limited, Maxwell spent 14 years in the investment industry including Allan Gray. His strengths lie in business and distribution strategy in the multi manager and intermediary network market having headed up business development at Graviton Wealth Management, a division of Sanlam. He also previously fulfilled the roles of strategy implementation at Sanlam Multi Manager International (Pty), and retail investment analyst at Sanlam Investments.

Rushil, a chartered financial analyst joins PPSI from M&G Investments Southern Africa where he served as client director and investment specialist in the corporate market for six years. He brings with him a wealth of experience having worked in the investment management industry for over 17 years. He has a proven track record in servicing and growing Discretionary Fund Management and Multi-Manager market segments as well as in local and offshore manager research and portfolio management having previously worked as a senior investment analyst within the multi-management environment.

Gerrie, previously with Discovery Invest, was an investment specialist specifically focused on the intermediary market within the Gauteng region. His role as Client Director at PPSI will include fostering relationships with intermediaries, DFM’s, asset aggregators and intermediary networks within the Gauteng and inland regions offering PPSI’s Partnership Asset Management value proposition within the unique mutual business model.

PPSI operates under the ethos of mutuality delivering value by supporting its members and sharing the profits of the company and investment returns from long-term growth assets with them. Its purpose is to empower graduate professionals to live the lives they want to live by providing diversified and flexible investment solutions that are mutually beneficial to its members.