Fidelis Madavo - Non-Executive Director
Fidelis is the Head of Resources and Portfolio Manager for Strategic and African Listed Investments at the Public Investment Corporation of South Africa (PIC), which is South Africa’s state pension fund and the largest fund in Sub-Saharan Africa.
He represents the interests of shareholder PIC on the Board of Dangote Cement. Prior to joining PIC, he was Vice President at Citigroup and Investec Securities, both roles being based in Johannesburg. Before returning to South Africa, Fidelis spent ten years with CRU International, a mining consultancy firm, and also worked as a metallurgist for Anglo American.
Date of Appointment: 30th July, 2014
• Technical & Operations (Chairman)
• Finance & General Purpose
• Audit, Compliance & Risk Management