M&G Investments appoints new Head of Institutional Business

18 April 2023 M&G Investments
Naleni Govender

Naleni Govender

M&G Investments is pleased to announce that Naleni Govender will join the firm in mid-April 2023 as the Head of Institutional Business. She will also become a member of the M&G Executive Committee.

Naleni joins from Ashburton Investments, where she held the role of Director and Head of Institutional Distribution. She has more than 18 years of experience in the investment industry, having spent time in a variety of business development, investment consulting and analyst roles.

Her educational background includes a BCom (Economics and Finance) degree from the University of Natal, and she completed the Post-Graduate Leadership Acceleration Program at the Gordon Institute of Business Science in 2018. She holds a PGDip in Financial Planning and is a qualified CFP® professional.

Explained Pieter Hugo, Chief Client and Distribution Officer, “Naleni will be taking over from Valdon Theron, who will be leaving M&G at the end of June. After more than 13 years of service to M&G, Valdon has decided he would like to pursue one of his life-long passions — the education of others. He will be transitioning his career into academia, joining his alma mater, Stellenbosch University, in a lecturing capacity.

“The overlap between the two will give Naleni ample time to work with Valdon to ensure a smooth transition for our business and a seamless handover so that all our clients remain in very capable and knowledgeable hands. At the same time, Valdon has agreed to remain involved with M&G on a part-time basis going forward, as may be required by the business and in collaboration with his new employer.

“Our Institutional business is growing off the back of significant domestic and international institutional investor demand. We look forward to welcoming Naleni to M&G and are confident that she will be an excellent leader for our expanding Institutional Business team due to her strong client-centric approach, thorough understanding of the institutional market, and extensive experience working with a wide variety of South African institutional investors,” Hugo concluded.

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