Rakesh Garach
Director of Finance/CFO at African Bank Holdings Ltd
Profile
Rakesh Sanjee Garach is currently the Chairman of National Empowerment Fund and a Director at Johnnic Holdings Ltd.
He is also the Co-Chief Financial Officer & Executive Director at African Bank Holdings Ltd.
and the former Chief Financial Officer at Grindrod Bank Ltd.
In the past, he served as an Independent Non-Executive Director at Pacific Wildcat Resources Corp.
and Hosken Consolidated Investments Ltd.
He was also the Chief Operating Officer at Deutsche Bank AG (South Africa) and a Senior Partner at Ernst & Young Africa.
Rakesh Garach active positions
| Companies | Position | Start |
|---|---|---|
Johnnic Holdings Ltd.
 Johnnic Holdings Ltd. Media ConglomeratesConsumer Services Johnnic Holdings Ltd. operates as an investment holding company with interests in the casino and gaming industries. The company was founded in 1889 and is headquartered in Cape Town, South Africa. | Director/Board Member | - |
National Empowerment Fund
 National Empowerment Fund Financial ConglomeratesFinance National Empowerment Fund operates as investment company. It specializes in seed, start-ups, early stage, mid venture, expansion, equity transformation, growth capital, buyouts and mezzanine investments. The firm invests in tourism, entertainment, transportation, textile, services, retail, property, printing industry, motor services, mining services, media, manufacturing, wood, paper industry, agro processing, chemicals, pharmaceuticals, construction and material, engineering, energy, financial services, food, beverages, information, computer technology, franchises, property developments and petrol stations. The company was founded in 1998 and is headquartered in Morningside, South Africa. | Chairman | - |
African Bank Holdings Ltd
 African Bank Holdings Ltd Regional BanksFinance African Bank Holdings Ltd operates as a bank holding South African company with an interest in banking services. The private company is based in Midrand, South Africa, and has subsidiaries in Australia and South Africa. Kennedy Gcinumuzi Bungane has been the CEO of the company since 2021. | Director of Finance/CFO | 02/12/2022 |
Grindrod Bank Ltd.
 Grindrod Bank Ltd. Financial ConglomeratesFinance Grindrod Bank Ltd. provides banking and financial services. It offers investment products, such as exchange traded funds, preference shares, unit trusts, fund management and stock broking services. The company is headquartered in Durban, South Africa. | Director of Finance/CFO | - |
Former positions of Rakesh Garach
| Companies | Position | End |
|---|---|---|
| PACIFIC WILDCAT RESOURCES CORP. | Director/Board Member | 14/09/2014 |
| HOSKEN CONSOLIDATED INVESTMENTS LIMITED | Director/Board Member | 03/02/2012 |
Deutsche Bank AG (South Africa)
 Deutsche Bank AG (South Africa) Major BanksFinance Part of Deutsche Bank AG, Deutsche Bank AG (South Africa) is a South African company that provides commercial banking services. The company is based in Sandton, South Africa. | Chief Operating Officer | 01/07/2007 |
Ernst & Young Africa
 Ernst & Young Africa Miscellaneous Commercial ServicesCommercial Services Ernst & Young provides accounting services. The company is headquartered in Johannesburg, South Africa. | Corporate Officer/Principal | - |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| PACIFIC WILDCAT RESOURCES CORP. | Non-Energy Minerals |
| HOSKEN CONSOLIDATED INVESTMENTS LIMITED | Consumer Services |
| Private companies | 6 |
|---|---|
Deutsche Bank AG (South Africa)
Deutsche Bank AG (South Africa) Major BanksFinance Part of Deutsche Bank AG, Deutsche Bank AG (South Africa) is a South African company that provides commercial banking services. The company is based in Sandton, South Africa. | Finance |
Ernst & Young Africa
Ernst & Young Africa Miscellaneous Commercial ServicesCommercial Services Ernst & Young provides accounting services. The company is headquartered in Johannesburg, South Africa. | Commercial Services |
Johnnic Holdings Ltd.
Johnnic Holdings Ltd. Media ConglomeratesConsumer Services Johnnic Holdings Ltd. operates as an investment holding company with interests in the casino and gaming industries. The company was founded in 1889 and is headquartered in Cape Town, South Africa. | Consumer Services |
National Empowerment Fund
National Empowerment Fund Financial ConglomeratesFinance National Empowerment Fund operates as investment company. It specializes in seed, start-ups, early stage, mid venture, expansion, equity transformation, growth capital, buyouts and mezzanine investments. The firm invests in tourism, entertainment, transportation, textile, services, retail, property, printing industry, motor services, mining services, media, manufacturing, wood, paper industry, agro processing, chemicals, pharmaceuticals, construction and material, engineering, energy, financial services, food, beverages, information, computer technology, franchises, property developments and petrol stations. The company was founded in 1998 and is headquartered in Morningside, South Africa. | Finance |
African Bank Holdings Ltd
African Bank Holdings Ltd Regional BanksFinance African Bank Holdings Ltd operates as a bank holding South African company with an interest in banking services. The private company is based in Midrand, South Africa, and has subsidiaries in Australia and South Africa. Kennedy Gcinumuzi Bungane has been the CEO of the company since 2021. | Finance |
Grindrod Bank Ltd.
Grindrod Bank Ltd. Financial ConglomeratesFinance Grindrod Bank Ltd. provides banking and financial services. It offers investment products, such as exchange traded funds, preference shares, unit trusts, fund management and stock broking services. The company is headquartered in Durban, South Africa. | Finance |
- Stock Market
- Insiders
- Rakesh Garach
