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Greg Els

Executive Director & CEO - Praxley Corporate Solutions (Pty) Ltd

Greg holds a Bachelor of Commerce (B.Com) from Rhodes University as well as a CAIB from the Institute of Bankers where he received two national achievement awards.

With 25 years of experience in Corporate and Investment Banking, Greg has held senior positions at FirstRand and Standard Corporate & Merchant Bank. Prior to founding Praxley in 2003, Greg was the Country Coverage Head of ABN AMRO in South Africa where he was a main board member of the Bank.

Greg embarked on a career in banking in 1991, in the FirstRand Group. In 1993, Greg was the youngest Corporate Manager to ever be appointed to a Corporate Branch. In 1994, Greg joined Standard Corporate and Merchant Bank where he held various senior positions until 1998. He was instrumental in concluding the successful listing of Steinhoff International and was later appointed to be Group Treasurer of Steinhoff International. In late 1999, Greg returned to the banking industry as Vice President of ABN AMRO. He was later promoted to Country Coverage Head (one of only 48 Global Executives responsible for the banks wholesale banking activities). In this position, he was a Director on the Board of the Bank and a voting member of the ALCO.

Greg has led a number of large corporate restructurings as a Banker. In 1994, he led a consortium of banks in the restructuring of Basil Read which culminated in the investments by French construction giant Bouygues. In 1991, he chaired a consortium of eleven banks exposed to Hyundai SA and personally negotiated a sale of Hyundai SA to Imperial in 2000. In 2001, Greg led a team of local and international professionals in successfully recouping in the region of USD35 million from the Hyundai Liquidation.

In early 2003, Greg successfully convinced Ms Monhla Hlahla and Mr Ranjit Murugason (the 'Founding Shareholders') to join him in establishing Praxley as a boutique Corporate Finance Advisory and Private Equity Business.

Over the past twelve years, Greg has been instrumental in successfully originating and closing in excess of 300 corporate finance transactions for Praxley and raising funding in excess of R5 billion.

Greg remains a significant shareholder in Praxley and is tasked with Executive Management responsibilities across the Praxley Group.

Greg is a director of the following companies within the Praxley Group, via which numerous Private Equity investments have been made: