Endeavor selects successful entrepreneurs to the Board to continue its exceptional growth and strategic vision for the future.
Endeavor South Africa, an organisation created by entrepreneurs for entrepreneurs, has had a significant impact on the country since 2004. Its focus on supporting the growth and development of high-impact entrepreneurs has provided for the creation of more than 42 000 high-quality jobs and seen billions of rands injected into the economy. However, the success of an organisation is as reliant on its leadership as it is on its ethos – strong leaders with proven abilities are vital for pushing new frontiers. To this end, Endeavor has announced the appointment of two new board members, in addition to the appointment of Herman Bosman as Endeavor Chairman, and a change to the make-up of the Board itself.
Herman Bosman, Chief Executive Officer of RMB Holdings, took over the role of chairman from Adrian Gore, Group Chief Executive of Discovery, earlier this year in May. Andreas Cambitsis, BSC Global, and Zakhe Khuzwayo, InnoVent Rental and Asset Management Solutions, have been afforded two new board roles as Endeavor Entrepreneurs.
"I am honoured to be selected as Endeavor South Africa's chairman. The organisation has made significant strides in advancing the country's economic and social development. I’m looking forward to serving on the board and working with the Endeavor South Africa team as we guide the high-impact, founder-led community, " Herman commented.
In addition to a change in board leadership, the departure of Carlo Gonzaga, founder and CEO of Taste Holdings, sees the organisation implement systemic changes designed to further drive the entrepreneur agenda. At the time of his departure, Gonzaga was the only Endeavor Entrepreneur on the board and he recommended this be expanded to ensure a minimum of two so as to create a true entrepreneur-focused ecosystem. As Endeavor is an organisation by and for entrepreneurs, the new board members will continue to uphold the entrepreneurial spirit through their active engagement with the organisation and its members.
“It was a great recommendation, as it will ignite real systemic change - having Endeavor Entrepreneurs on the Endeavor Board fits in with our ethos and vision,” says Catherine Townshend, Managing Director of Endeavor South Africa. “The two new members have a strong belief in what we do – giving back and paying it forward – to build a true entrepreneur community. Khuzwayo is a real role model, he has built a successful fintech company with Pan-African reach, and Cambitsis has an incredible passion and love for software analytics and artificial intelligence.”
Khuzwayo brings extensive industry experience and an in-depth understanding of entrepreneurial spirit to his role. His organisation, InnoVent Rental and Asset Management Solutions, was founded in 2003 and today has more than 200 clients, more than R2 billion in assets under management, and offices that span South Africa, Zimbabwe, Tanzania, Zambia and the UK.
"My goal is to bring my passion for entrepreneurship to the role, and to use it as an opportunity to solve some of the pressing issues facing our country today,” says Khuzwayo.
Cambitsis is the CEO of the Business Science Corporation (BSC), a data science and technology implementation company that uses scientific methodologies to transform business and processes. He brings exceptional industry intelligence to the role, and a keen awareness of how technology is set to fundamentally change industry and business.
“I understand the needs of entrepreneurs,” explains Cambitsis. “My goal is to relate to them as a peer, not just as a board member, and to use the authority of the board to make a tangible difference. Endeavor made a significant difference to my business, giving us access to global skills and networks and mentors that helped us transform our company. This is an opportunity for us to give something back.”
For Khuzwayo, the role that Endeavor played in driving the success of his business is also a key factor in his taking on the role.
“Since joining Endeavor, we have opened offices in four countries and our way of thinking has completely changed,” he adds.
Endeavor South Africa and the high-growth entrepreneurs it represents will appreciate the fresh insights and capabilities that the new board members bring. They are set to continue its legacy of growth, support and transformation.
“These members are not just giving back time, they are also pledging financial support to Endeavor,” concludes Townshend. “The success of Endeavor pivots on this way of thinking – it’s what you can give back in furthering success.”