Leadership

The directors and management are highly qualified and play vital roles in ensuring the success of our business.

Board Members

davidmcalpine
David McAlpin (also known as Dave) has over 15 years’ experience both in South Africa and international retail. He served as Chief Executive Officer of Principa Decisions at Transaction Capital and served as the Chief Executive of Forza Group for four years. He has also held various senior positions within the Massmart and the Wooltru Group. Dave holds a Bachelor of Commerce Degree from Rhodes University, an MBA from the University of Cape Town and is an Associate of the Chartered Institute of Management Accountants (A.C.M.A.).
2015_IAR_Final 4
BAcc (Hons), HDipTax (University of the Witwatersrand), CA(SA)
David is a chartered accountant, having served his articles at Grant Thornton, Johannesburg. He has been active in debt capital markets since 1997, holding employment at both a specialist structured finance organisation and a large local bank. In 2005 he joined Transaction Capital’s founding shareholders to acquire African Bank’s Commercial Vehicle Finance division (now SA Taxi). Shortly thereafter Transaction Capital was formed, where David established and led the capital markets team for a period of five years, and later served as the CFO of SA Taxi for 18 months. He was appointed to Transaction Capital’s main board as group chief risk officer in April 2012, thereafter served as the group CFO and in January 2014 was appointed as the group CEO of Transaction Capital Limited.
2015_IAR_Final 3
BCom (Hons), Graduate Diploma Accounting (University of Cape Town), CA(SA)

After completing his articles at Arthur Andersen, Jonathan co-founded Stratvest in 1995. In 1997, African Bank (then Theta Financial Services Limited) acquired 50% of Stratvest, leading to the formation of Nisela Growth Investments. He held the position of joint CEO of Nisela Growth Investments until 2002 and went on to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital. Jonathan was appointed as an executive director in June 2010.

davidmcalpine
BCom (Hons), Graduate Diploma Accounting (University of Cape Town), CA(SA)

After completing his articles at Deloitte & Touche in 1990, Michael co-founded Stratvest in 1995. In 1997, African Bank (then Theta Financial Services Limited) acquired 50% of Stratvest, leading to the formation of Nisela Growth Investments. Michael held the position of joint CEO of Nisela Growth Investments until 2002 and went on to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital. Michael was appointed as an executive director in December 2011.


Executive Team Members

davidmcalpine
David McAlpin (also known as Dave) has over 15 years’ experience both in South Africa and international retail. He served as Chief Executive Officer of Principa Decisions at Transaction Capital and served as the Chief Executive of Forza Group for four years. He has also held various senior positions within the Massmart and the Wooltru Group. Dave holds a Bachelor of Commerce Degree from Rhodes University, an MBA from the University of Cape Town and is an Associate of the Chartered Institute of Management Accountants (A.C.M.A.).
Niels served at TriVest, a leading provider of equity for growth capital financings, middle market corporate acquisitions and recapitalizations. He served as their Group Financial Director and Partner from 2009, as well as the Group Managing Director of Solsquare, a fast growing solar system integrator, and subsidiary of TriVest from 2011. Niels was also a founding member of Inoxico, one of South Africa’s leading commercial credit bureaus and risk solutions providers to companies in the credit space. Niels cut his teeth in the financial sector at KPMG as Engagement Manager from 2004 – 2009, where he qualified as CA. He holds a number of degrees from the University of Cape Town including a BBuSc (Hons) in Finance, BCom (Hons) in Accounting and a Masters in Accounting.
2015_IAR_Final 3
Carl holds a B.Acc and B. Acc (Hons) degrees from the University of the Witwatersrand, and is a Chartered Accountant (SA) as well as a Chartered Management Accountant (ACMA). After completing his articles at Coopers and Lybrand (now PricewaterhouseCoopers), he remained with this company for a year as audit manager. In 1999 Carl decided to relocate to the UK where he joined the Insurance and Investment Management Audit division of PwC in London as an audit manager, working on key clients such as CGU, now Aviva. After two years Carl decided to move out of audit and was invited to join the newly formed specialist financial services team within Transaction Services of PwC London. Carl conducted due diligence services (buy side and sell side) and other related mergers and acquisition consulting in UK, Europe and US for the next three years. In 2003 Carl decided to return to South Africa and after travelling around the world for 6 months arrived back in November 2003. Carl joined MBD as Group Financial Manager and was promoted to Chief Financial Officer in 2005. In 2008 Carl was promoted to Commercial Executive and was tasked with looking at various aspects of the business both strategically and operationally in order to ensure future growth and profitability. In 2010 Carl assumed the role of Executive Head of the Legal Collections division. Carl attended the Executive leadership program at Harvard Business School, Boston, USA in 2011. In 2014, Carl was appointed as head of MBD Revenue.
davidmcalpine
Stephan joined MBD in December 2007 after spending three and a half years at First National Bank. At FNB Stephan was Head of Sales & Solutions in the Private Label Department responsible for new business growth and input to the strategic direction of the division. As he is from a vendor background, his focus is on providing practical operational solutions through 3rd party outsourcing and has a strong client service view and a detailed understanding of operational environments. Prior to FNB Stephan headed up an African Bank subsidiary providing working capital solutions to SMME’s. Stephan honed his analytical, financial and strategic skills in his time as an equities analyst with CSFB and an actuarial assistant with Liberty Life.
davidmcalpine
Rob has over 25 years’ experience in the IT field, and has a BSC in Engineering, Metallurgy and a MBA, all from Wits. He gained his early experience running metallurgical extraction plants in the gold industry, and constructing chemical and water treatment plants. Rob then moved into the IT space with SA Breweries as their Marketing Sales and Distribution IT Manager. Thereafter, he joined JSE-listed USC Software where he held various positions, finally serving as CEO from 2009 – 2014. Rob joined from IT giant Business Connexion, where he served as General Manager of Business Solutions. Rob is a specialist in executive management and strategy, putting people first under the adage: ‘Investment in people produces an exponential return.’
davidmcalpine
Edward has 30 years’ experience in the Credit Bureau industry, including Consumer Credit, Business Credit, Analytics, Decisioning and Motor Vehicles. He has a Bachelor Degree in Commerce from the University of Witwatersrand. Edward was CEO of Transunion Credit Bureau, and was later promoted to Group CEO for Transunion Africa. He worked with the Credit Regulator representing the Credit Bureau Industry interests in the formulation and implementation of the National Credit Act.

dineosekwele
Dineo has over 19 years’ experience in Human Resources. She holds a Diploma in Human Resources, a qualification in the Construction Management Programme from Stellenbosch University, a BA in Human Resources and Economics from Wits University, a Masters in Management and Innovation, awarded with distinction, and a postgraduate qualification in the Executive Development Programme, both from Wits Business School. Her previous roles spanned across the Financial Services, Research and Development and the Insurance industry. Dineo came from Group Five, a leading African construction, concessions and manufacturing group. She was the HR Director of Group Five’s Engineering and Construction (Building) and was later promoted to Cluster HR Director within the Investment and Concessions Cluster, overseeing Eastern Europe, North America and Africa. Dineo is passionate about unleashing potential and developing people, as well as creating a positive environment where people are engaged, motivated and inspired to bring the best results.