THE PASSION TO
IQBUSINESS IS A CERTIFIED LEVEL 1 B-BBEE CONTRIBUTOR
Where the possibilities of change come to life.
OUR HISTORY
IQbusiness was founded in South Africa in 1998, with a major stake acquired by Reunert ICT in 2023. Today, IQbusiness is one of the largest South African management and technology consulting firms, attracting top talent and ambitious clients, both locally and globally.
In 2023, Reunert concluded an agreement to acquire 74,2% of IQbusiness, which forms part of the Solutions and Systems Integration cluster of Reunert ICT. The acquisition heralds an expanded range of complementary offerings from IQbusiness, with a significant increase in client access in both the enterprise and SME spaces, and improved routes-to-market through both direct and channel marketing relationships. The cultural and capability synergies between the two, places IQbusiness in a strong position to deliver remarkable, end-to-end solutions for its clients, through market leading digital transformation capabilities and its skilled and passionate team.
OUR PURPOSE
GROW PEOPLE. GROW BUSINESS. GROW AFRICA.
2023 marks IQbusiness’ 25th year in business in South Africa. Employing over 1100 team members, it’s our ‘get it done’ approach that delivers remarkable solutions locally and globally in the banking, finance, technology, insurance, manufacturing, and retail industries. We thank our people and our clients for their partnership and courage in making business better.
CONSCIOUS COMPANIES
IQbusiness is the winner of the 2018 Conscious Companies Award. The Award recognises and celebrates companies and leaders who display a strong sense of purpose, values, innovation and a vision of inclusive growth. We continue to drive conversations that will result in greater prosperity for all.
B-CERTIFIED
Our dynamic team operates across industries, championing the acceleration of opportunities and solutions: bridging what is, with what can be. Our leadership expertise covers a diverse range of capabilities that deliver extraordinary results, with sustainable outcomes.
OUR TRANSFORMATION STORY
As we look back on our transformative achievements, we’re inspired by our shared objective: to nurture an inclusive culture that celebrates diversity and fosters growth for all. In our inaugural Transformation Report, explore our remarkable journey as we reflect on our impact and chart a course towards an even brighter, more inclusive future.
OUR LEADERSHIP TEAM
Our dynamic teams operate across industries, championing the acceleration of opportunities and solutions – to bridge what is, with what can be. Our leadership expertise span across diverse capabilities that deliver extraordinary results, with sustainable outcomes.
Adam Craker
Adam is the CEO at IQbusiness, the largest independent management consulting firm in South Africa. He is an ardent lobbyist for government and business collaboration. Most recently, both the COBRA Consortium and the COBRA (Covid Business Rescue Assistance) Initiative, were conceptualised and initiated by IQbusiness, Schindlers Attorneys and Engaged Business Turnaround on 19 March 2020. COBRA was established as a social enterprise (NPO) offering pro bono services to South African businesses in distress. Through a structured business rescue process, COBRA co-ordinates bank, government and stakeholder support. Adam has forged strong partnerships between IQbusiness and various NGOs and social enterprises such as: SmartStart, Tomorrow Trust, Harambee and Partners for Possibility. Some other milestones encouraging shared prosperity for all include the creation of the GROWTH.co.za forum and accompanying annual research report that identifies 5 key pillars for growth. Under Adam’s leadership, IQbusiness has won the coveted 2018 Conscious Companies Award. IQbusiness is making a positive impact in ESD and other areas with Adam’s “End the #NationalShutUp” campaign, his work with the Presidential CEO Initiative and the establishment of the National Mentorship Movement. Recognition of IQbusiness as a Certified B Corporation positions Adam and his team as leaders in a new social narrative. Previous companies and positions: Super Group (COO), Dimension Data (Group Executive), Merchants (Pty) Ltd (MD), Accenture (Associate Partner), British Gas (Market Analyst). Adam is a member of the Young President’s Organisation, a Fellow of the Institute of Directors and the President of the IMD Alumni Club of South Africa.
Yesthiel Singh
Yesthiel Singh is a results-oriented General Counsel and Company Secretary with a decade’s experience in advising multinational, listed, and private firms on legal, governance, and commercial matters. His proven skills include negotiation, strategic project management, and compliance. Yesthiel’s accomplishments encompass serving as Non-Executive Director for five entities and leading significant acquisitions. His leadership in the B-BBEE efforts elevated IQbusiness to a level 1 in 2021.
Currently, at IQbusiness, he directs the legal department, safeguards company interests in contracts and acquisitions, and oversees compliance and real estate affairs. Previously, he served as Group Legal Advisor and Assistant Company Secretary at Cartrack Limited, managing litigation and advising on legal debt collection and intellectual property matters.
Yesthiel holds directorships at several firms and completed his LLB Law Honours Degree at the University of Kwazulu-Natal in 2009. His expertise and commitment to governance and compliance make him a key player in the legal and business arenas.
Naeem Seedat
Naeem is an agent of business transformation and has spent much of the last few years helping clients to understand and respond to disruptive change. His superpower lies in his ability to help clients reset their thinking, reformat humans and reboot their organizations for the digital era.
Naeem is the Managing Partner of the Digital Economy Business Group at IQbusiness and has walked both the corporate and entrepreneurial paths before taking up this role. He has built his own digital start-up businesses. He has held several EXCO leadership positions, including CEO: Communications at Publicis Groupe Africa, Vice President at TransUnion Africa, and Corporate Executive at the Auditor General of South Africa. He has formerly held senior positions in Accenture, KPMG Abu Dhabi, Bytes, and PwC Southern Africa.
Naeem has travelled extensively and has had multi-country work experiences, spending significant time working across Africa and the Middle East. His broad experience spans many industries and disciplines, giving him the unique perspective to connect the dots and operate across increasingly blurring industry lines.
Cobus Stander
Cobus Stander is a highly qualified and experienced professional with a strong background in accounting, financial management, and executive leadership. With more than 24 years of work experience, he has demonstrated expertise in operations, efficiencies, integration, and acquisitions. He holds a B Com Accountancy degree and a B Com Hons Certificate of Theory in Accounting (CTA), and he is a Chartered Accountant (CA) registered with the South African Institute of Chartered Accountants (SAICA).
Currently serving as the Chief Operating Officer (COO) of IQbusiness, Cobus is responsible for enhancing operations and driving efficiencies within the organisation. He has played a key role in the successful integration of four newly acquired subsidiaries, contributing to the overall growth and success of the company. Additionally, he leads business optimisation efforts across the entire IQbusiness. Cobus has held key roles in his career, including Chairman of the Risk and Audit Committee at the Windybrow Council of the Arts and Chairman of the Risk and Audit Committee at the Medical Services Organisation (MSO) until 2015. In addition, he provided advisory services to H&M Engineering and Parm Garay’s Board and Chairman in 2021 and 2022, playing a crucial role in their strategic decision-making processes.
With his extensive experience, strong financial acumen, and commitment to excellence, continues to make significant contributions to the business landscape. He is recognised for his leadership, operational expertise, and financial management skills, all of which have enabled him to drive growth and success in his various roles throughout his career.
Dirk Ackerman
Dirk is a Non-Executive Director of IQbusiness, and a member of the Remuneration Committee. Since retiring from executive corporate responsibilities, he now concentrates on his private equity activities as Chairman of IQ Capital, and serves on several boards in the NGO and commercial arenas. A seasoned business leader, Dirk has a successful track record across several industries. Since the beginning of his career, he’s been at the forefront of business empowerment initiatives, and has had the privilege of pioneering major empowerment initiatives in the banking, construction, ICT, state asset management, and public utility management fields. He has played an influential role in the early establishment of transformational practices and standards in numerous businesses and government departments. Dirk has a Bachelor’s Degree in Anthropology and Law from the University of the Witwatersrand. He has also achieved numerous Management qualifications, and attended several Executive Development Programmes. Dirk is also a member of the Institute of Directors, a trustee and Chairman of the Endangered Wildlife Trust, and a founder member of the SA Tourism Business Council.
Darshan Daya
Darshan is a Non-Executive Director of IQbusiness. He is also a Co-Founder and Partner of Capitalworks Investment Partners, and serves on the boards of companies relating to the group’s investments in a diverse range of industries including: financial services, recycling, boat manufacturing, food production, and mining. Prior to Capitalworks, Darshan served as a Director of Brait Private Equity, with executive responsibility for fund investments in various sectors, including payment services, environmental services and recruitment. He has 18 years of private equity and investment banking experience. Darshan is a graduate of the University of Cape Town, where he completed an Honours Degree in Business Science.
Pieter van Tonder
Pieter is a Non-Executive Director of IQbusiness, and Chairman of the Audit & Risk Committee. Until December 2016, he fulfilled the role of IQ Group’s Chief Financial Officer. Peter is also a Director of IQ Business Group Australia, and until recently, served on the board of IQ Business Group USA for 17 years. Pieter also serves on the boards of various other private companies, including IQ Capital and PLP Group. He is currently acting as Chief Executive Officer of Eriger. His previous roles include Financial Director, Regional Managing Director and Divisional Director of a services business in Super Group, and Senior International Manager at one of the top international professional services organisations. Pieter holds a BCom (Accounting) Honours qualification, from the University of Johannesburg. He also has a CA (SA) qualification, and is a member of SAICA (the South African Institute of Chartered Accountants) and IOD (Institute of Directors).
Shaun Frankish
Shaun is a Non-Executive Director of IQbusiness. He is a Principal in Private Equity business for Capitalworks, which he joined in 2007. Shaun started his career at PricewaterhouseCoopers, where he completed his articles, and later worked in the transaction services team. He has 12 years of private equity and corporate finance experience, and currently serves on the boards of Obsidian Health, Infrastructure Specialist Group, Robertson and Caine, IQbusiness, and Gallus Holdings, the holding company of Sovereign Foods. Shaun has an Honours Degree in Business Science from the University of Cape Town. He is a qualified Chartered Accountant (SA), and a CFA charter holder.
Louis Geeringh
Louis is a Non-Executive Director of IQbusiness, and the group CEO of Capitalworks. Prior to this, Louis worked for Deloitte for 24 years in a number of roles, including CEO of Deloitte Consulting in Southern Africa, and Global Executive Director for Service Innovation. Louis is a Chartered Accountant and has a Master’s Degree in Management Accounting. He has been part of the international business and technology think-tank, FutureWorld since inception, and works to better understand the causal links between corporate innovation and sustainable growth.
Annalize Buck
Annalize Buck is the newly appointed Chief Financial Officer and Executive Director to the Board of IQbusiness. Annalize has extensive knowledge in planning, forecasting, reporting and budgeting. She has shared services experience in AR, AP, asset management, intercompany, forex, payroll, and financial close. Previously, she was the Financial Controller at Cummins, the Fortune 500 corporation in engine and power generation products. In her 10-year tenure at Cummins, Annalize worked across multiple business units in Sub-Saharan Africa and the Middle East. Annalize will focus on supporting the Finance team and formalizing and consolidating strategies on finance related projects. Furthermore, Annalize will be responsible for creating a strong business partnership between finance and the rest of the business, to ensure process alignment and to strengthen our Financial reporting results. Annalize obtained her ACCA (CA) qualification from Oxford Brookes in the UK in 2006. She has also completed a PMD with GIBS in 2012. She has completed Six Sigma trainings and is a qualified Green Belt.
David Nel
David is the Chief Commercial Officer for IQbusiness, and has over 25 years of experience in business consulting. David is responsible for the Go-to-Market portfolio, which includes client relationships and development, marketing, research and thought leadership. David is actively involved with our clients, ensuring that the best commercial construct is delivered across our client base, building business capability and creating solutions that help our clients grow and achieve targeted returns. At IQbusiness, David has worked across various business groups, leading both the Human Performance and Process Innovation Practices prior to his current role as CCO. David joined the organisation in 2014, having spent eight years with a large multinational consulting firm where he consulted on large-scale ERP and business performance improvement projects. In addition, David has also worked in the Mining industry for over 14 years, where he was specifically involved in the development and public listing of greenfield mining and logistical ventures, which he ran locally and abroad, serving as COO and CEO. David holds a Master’s Degree in Commerce from UNISA and the University of Johannesburg.
Asha Mungaldave
Asha brings 20 years of experience in the Human Capital function. She’s worked across the full spectrum of disciplines, including learning and development, organisation development, diversity and inclusion, workforce planning and employee relations. Prior to joining IQbusiness, Asha spent 15 years in various Human Capital and Learning Lead roles at Barloworld Equipment, this included leading their Human Capital team (Africa division) and crafting and operationalising their Leadership Development strategy and framework. Asha holds a MPhil Management Coaching from the University of Stellenbosch Business School and an Honours Degree in Industrial Psychology from the University of Natal.
Jakobus Wilken
Jakobus is a Partner at IQbusiness and the Regional Executive for the IQbusiness Cape Town office. He started his career at what is now Business Connexion, and spent 9 years facilitating various local and regional government projects in a number of capacities. Jakobus then worked as the MD of 3fifteen, a software development company, and set up a completely new branch in Cape Town. With an excellent track record of successful business development, Jakobus was the perfect candidate to manage the growth of IQbusiness’ Cape Town operations. His “finger on the pulse” approach, strong leadership and unique skill set has enabled him to put together a powerful team in the region, and through great collaboration with the organisation’s head office, he has managed to effectively extend the IQbusiness culture, and level of product and client service delivery, from Johannesburg, to the Mother City. His areas of expertise include business development, solutions delivery, project management, business analysis, congruency and collaboration, and building successful relationships. Jakobus holds a Master of Business Administration (MBA), from the University of Stellenbosch.
Karl-Heinz Wessinger
Karl leads the Technology Enablement practice within IQbusiness, and is responsible for the successful implementation of custom software solutions and packages, while also providing consulting services in enterprise and solutions architecture, governance and strategy. Karl is a knowledgeable management consultant, with years of experience in software development. His strength lies in being able to bring together and align the priorities of business leaders and the IT departments that serve them. Karl specialises in IT management consulting, corporate strategy, enterprise architecture, solutions architecture and software development. Karl has worked abroad in the UK, Australia, India and Germany, assisting organisations of all sizes, and across sectors, to realise their IT ambitions. Karl holds a Master of Business Administration (MBA) in Strategy and Operations from the University of Pretoria. He has a National Diploma in Information Technology from the University of Johannesburg, too.
Tim Matthis
Tim leads the Solutions Consulting business group at IQbusiness. This includes our research businesses (Genex Insights and nudge), solutions consulting teams and data platform, analytics and finance advisory. Tim joined In 2019, when Genex Insights was fully acquired by IQbusiness. Tim’s areas of interest and focus include leadership development and the productisation of best-of-breed solutions to complex but common business problems, applying a customer-centric lens throughout.
COLLABORATE.
INTEGRATE. ACCELERATE.
