About | IQbusiness


IQbusiness boldly challenges the status quo.



IQbusiness is the leading independent management consulting firm in South Africa, helping clients overcome their business challenges and achieve sustainable growth. Since 1998, we have been enabling banks, insurance companies, retailers, and others to take their products to market faster, improve customer satisfaction, upskill teams, eliminate waste, and strengthen governance and compliance.

Drawing on our core strengths – consulting, research and contracting – we use this flexible approach to solve clients’ problems by providing innovative, fast, and cost-effective solutions, backed by teams with real expertise and proven experience. We boldly challenge the status quo, and as architects of transformation, we help businesses reimagine change as an opportunity for growth.

While we are a for-profit company, our purpose exists far beyond the bottom line. As a certified B Corporation, we are committed to using business as a force for good by helping people, organisations, and the entire African continent to grow.

Proudly South African, IQbusiness is headquartered in Johannesburg, with an office in Cape Town. We are dedicated to achieving social impact and have a Level 3 B-BBEE status.



IQbusiness, previously The IQ Business Group, was founded in 1998 by a talented group of individuals from the world’s top consulting companies, on the foundation of professional and service excellence. Together, they identified a need in the market that could be met with the careful combination of business analysis and technology.

The company exceeded its original growth projections, and it soon became a magnet for talented individuals. Despite the IT market experiencing a downturn at the time, operations were successfully established around the world, including the United States, Australia, and Africa. In 2011, the African arm was renamed and rebranded as IQbusiness.

At IQbusiness, we are problem-solvers who never accept that something can’t be done. We think beyond IT and technology, applying creative approaches to stubborn challenges. Whether these obstacles can be tackled by leveraging research from IQbusiness and our partners, assigning our teams to design and implement solutions, or deploying point expertise to fill a skills gap, we ensure our clients grow. We help them overcome their business difficulties, no matter what they are.


IQbusiness as a proudly South African technology centric, strategic growth orientated and challenger brand, has appetite for select mergers and acquisitions of companies which will allow us to strategically fast track growth, diversify and evolve our business.

In doing so, we aim to better serve and fulfill our purpose to grow people, grow business and grow Africa.

As the largest South African independently owned management consulting firm, IQbusiness’ vision is to be the African Consulting, Operations and Technology firm of choice.

We seek to invest in and/or merge with businesses in the following market segments:

  • Management and Technology Consulting, Contracting and Services including Strategy, People, Process, Systems/Technology, Risk, Compliance and Research;
  • Business Process or Knowledge Based Outsourcing/Managed Services or Operations;
  • Third party or proprietary Product, Software Solutions or Value Added Resellers.

IQbusiness has a level 3 B-BBEE score with a high energy, owner managed entrepreneurial culture backed by strong institutional shareholders.

We hold ourselves to the highest possible ethical values and professional standards and are the proud recipients of the Conscious Companies award for 2018; in addition to being the largest South African certified B Corporation recognising our commitment to use business as a force for good.

To find out more regarding mergers and acquisitions, please contact John Mather, our M&A Director, on jmather@iqbusiness.net.


Our experienced, quality management teams and talented, creative individuals strive to deliver value in everything we do. Here’s a closer look at the force that drives IQbusiness. 


Cheryl Carolus
Non-Executive Chairperson

Adam Craker
Chief Executive Officer

Annalize Croukamp
Chief Financial Officer

Dirk Ackerman
Non-Executive Director

Pieter van Tonder
Non-Executive Director

Nkululeko Sowazi
Non-Executive Director

Darshan Daya
Non-Executive Director

Louis Geeringh
Non-Executive Director

Shaun Frankish
Non-Executive Director


Corrie Verburg
Chief Commercial Officer

Tom Pienaar
Human Performance

Karl-Heinz Wessinger
Technology Enablement

Beth McGuinness
Data and Analytics

Dean Jennison
Client Relationship Partner for ABSA

Wayne Human
Digital Transformation

David Nel
Process Innovation

Biase De Gregorio
Business Agility

Gerard Luppnow
Delivery Excellence

Jakobus Wilken
Cape Region

Kuda Mukova
Risk Analytics and Sustainability

Sifiso Skenjana
Chief Economist, Thought Leadership Executive

Rafael Rodriguez

John Mather
Mergers and Acquisitions

Natalie Matthews
Payments and Cards

Stephen Smith

Lea Bonnet
Cape Region

Fred Axsel
Client Relationship Partner for Nedbank

Natasha Diakides
Learning and Development

Jeremie Ferre
Africa Development

Gerhard Van Wyk
Software Development


Tim Matthis
CEO, Genex Insights and Partner at IQbusiness


Asha Mungaldave
Human Capital Lead

Andrew Lee
Insurance Solutions



Covid-19 Update