Sep 28, 2012
Reading|Amp|Education|Eskom|Favourite Music|Gauteng Partnership Fund|Housing|Industrial|Industrial Development Corporation|International Finance Corporation|Nedbank|NuPayment Solutions|Projects|Manchester University|National University Of Lesotho|Finance|Allen Morgan|Kevin |Kgalema Motlanthe|Obed Kutoane|Reuel Khoza|Tebello|Jeep Wrangler
© Reuse this
Full Name: Kutoane Obed Kutoane
Position: CEO of the Gauteng Partnership Fund (GPF)
Main Activity of the Company: Mobilisation and facilitation of funding for affordable housing projects in Gauteng
Date and Place of Birth: Not stated
Education: BA (economics), National University of Lesotho, 1985; MA (economics), Manchester University, 1988; and AMP, Harvard Business School, 2002
First Job: Not stated
Career History Prior to Current Position: Investment officer at the International Finance Corporation, 1993 to 1995; development finance consultant at Nedbank, 1995 to 1996; senior corporate finance manager at MCMB, 1996 to 1997; operations director at BSI, 1997 to 1998; GM: financial strategy advisory at Eskom, 1998 to 2002; COO of the Industrial Development Corporation (IDC), 2002 to 2003; and chairperson of NuPayment Solutions, 2004 to 2007
Size of First Pay Packet: Not stated
First job with Present Group: CEO
Value of Assets under Your Control: R1-billion
Number of People under Your Leadership: 32
Management Style: Largely participatory and consultative
Personal Best Achievement: Winning the Exemplary Leadership Award at Eskom in 2000
Professional Best Achievement: Transforming the GPF from a largely unknown provincial entity into a significant player in provincial housing delivery
Person Who Has Had the Biggest Influence on Your Life: My late father, an Anglican priest and liberation theologian
Person Who Has Had the Biggest Influence on Your Career: Allen Morgan, former CEO of Eskom
Person You Would Most Like to Meet: Deputy President Kgalema Motlanthe
Businessperson Who Has Impressed You Most: Dr Reuel Khoza
Philosophy of Life: The belief in self within the collective is the beginning of success for self and others
Biggest Ever Opportunity: Receiving a scholarship to study abroad
Biggest Ever Disappointment: Not connecting with the then CEO at the IDC, leading to my early exit
Hope for the Future: Advancing further in my career, especially in the high-impact developmental environment
Favourite Reading: Literary books and leadership journals
Favourite TV Programme: History Channel
Favourite Food/Drink: I do not have special preferences
Favourite Music: Contemporary jazz
Favourite Sport: Soccer
Favourite Website: www.hbs.edu
Hobbies: Poetry and outdoor camping
Car: Jeep Wrangler
Miscellaneous Dislikes: Hypocritical people
Favourite Other South African Company: Standard Bank
Favourite Foreign Company: Goldman Sachs
Children: Tebello, 23; Kevin, 19; Tumelo, 9
Clubs: Da Joint Poetry Club
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines
Other Business Leader News
Main Activity of the Company: Aecom is a global provider of professional, technical and management support services for a broad range of markets, including transportation, building facilities, environmental, mining, energy, water and government Date and Place of...
Position: CEO of Reliable Transformers Main Activity of the Company: Reliable Transformers is a manufacturer and supplier of all types of transformers, chokes and reactors up to 3.5 MVA. Date and Place of Birth: March 8, 1965 Education: National higher diploma in...
Updated 1 hour 47 minutes ago Society needs to debate solutions to strikes that last too long, ANC secretary general Gwede Mantashe said on Tuesday. "Such a debate must not be seen as an attack on workers' rights and an affront on the right to strike but rather an important step towards...
Updated 1 hour 54 minutes ago Public Enterprises Minister Lynne Brown told the Joint Parliamentary Committee on Energy and Public Enterprises on Tuesday that the new Eskom CEO would be appointed within weeks. She said she was “treating the appointment of a permanent CEO with urgency”.
Updated 3 hours ago The first stage of the definitive mining feasibility study (DMFS) for Tanzania-focused mineral exploration and development company Kibo Mining’s Rukwa Coal to Power project (RCPP) would be completed by the end of November, the company reported on Tuesday. Kibo...
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...