It’s not all about rugby as these leading All Blacks fans embark on a farewell tour
New Zealand-born Carl Bates who has nurtured and grown Africa’s leading boardroom specialist, Sirdar, for the past 16 years, has sold his shares to South Africa-based NPI Governance Consulting (Pty) Ltd.
Having founded the business in 2006, Carl has taken it on the same journey that Sirdar has guided many of its clients on over the years. He has successfully transitioned Sirdar from being founder-led to being partner-led and has scaled the business to enable new shareholders to take the international group into its next chapter.
As the new majority shareholder, NPI Group CEO and founder, Israel Noko, is excited about how the synergies that exist between the two businesses can be leveraged to further create meaningful economic impact.
Noko shares, “The strategic acquisition of Sirdar brings the ownership of this amazing company onto the African continent. Our team is excited about the opportunity to offer the unique connection between boardroom performance and business performance that Sirdar provides, to our clients. By leveraging Sirdar’s expertise in guiding, appointing and educating boards, our clients will be even further supported to grow their businesses.”
With the focus remaining on promoting more resilient business models that reconcile corporate governance best practices with economic performance, the business looks forward to increasing its reach, and therefore its impact, on the African continent.
Furthermore, this change enables Sirdar South Africa to demonstrate leadership in the boardroom with an immediate improvement in Broad-Based Black Economic Empowerment (B-BBEE) score to Level 2. Supporting the country’s indigenisation focus is a legacy of his time in Africa that Carl is particularly proud of. He says, “Sirdar has always prided itself on being a thought and industry leader. This step enables Sirdar in South Africa to yet again demonstrate how businesses can transition and enables us to more seamlessly assist more businesses to become high-performing entities through high-performing boards.”
Sirdar’s Kieron McRae, who has recently taken over as the business’s Managing Partner, is equally excited about the opportunities that lie ahead, sharing, “With an existing footprint in South Africa, Ghana, Kenya and New Zealand as well as clients in a number of other countries, we look forward to expanding our reach and positively impacting boardrooms throughout the African continent.”