May 11 2016
Phuti Mahanyele Joins Operation HOPE South Africa Board
Global financial dignity and economic empowerment leader, Operation HOPE, Inc. has appointed Phuti Mahanyele, to its South Africa board of directors.
Mahanyele is the former Chief Executive Officer of Shanduka Group, a multi-billion rand diversified African investment holding company that was established in 2001. The Shanduka Group held a diversified portfolio of listed and unlisted investments, with holdings in various sectors including resources, telecoms, real estate, energy, industrials and food & beverage, across various jurisdictions, including, South Africa, Nigeria, Mozambique, Mauritius and Ghana. She joined Shanduka in 2004 as the Managing Director of Shanduka Energy.
Prior to her tenure with Shanduka, Mahanyele was head of the Project Finance South Africa business unit at the Development Bank of Southern Africa. Previously, she was Vice President at Fieldstone, an international firm specialising in the financing of infrastructure assets.
Mahanyele has been awarded the Forbes Woman Africa Business Woman of the Year Award and the Platinum Award by Motlekar Holdings BBQ Awards in 2014. In 2013, she was awarded a “Distinguished Achievement” by The Douglass Society, and the Africa Investors recognized her as a “Leading Africa Woman in Business of the Year” in 2012. In 2011, Rutgers University conferred on her the “Rutgers Vision of Excellence Award”. In 2009, she was awarded the “Most Influential Woman in Government and Business” by Financial Services. The Wall Street Journal counted her as one of the “Top 50 Women in the World to Watch in 2008”. She was also selected as a Global Young Leader in 2007 by the World Economic Forum and awarded “Top in Project Finance 2003” by the Association of Black Securities & Investment Professionals (ABSIP).
In her tenure as CEO of Shanduka Group, Mahanyele held directorships with a number of companies, including, Inter Alia Lonmin Plc, Mondi, McDonalds SA, Coca Cola Shanduka Beverages, Macsteel, and Helios Towers (Nigeria). She is involved in a number of activities with youth in her personal capacity, and currently mentors young professionals and students. She is involved with the “Dignity Day” program, which is led by Young Global Leaders of the World Economic Forum and is focused on re-enforcing the values of dignity in young people. She is also a patron of NEET (National Education Empowerment Trust).
Mahanyele holds a Bachelor of Arts degree in Economics from Rutgers University, and from De Montfort University, Leicester, United Kingdom. She completed the Kennedy School of Government Executive
About Operation HOPE, Inc.
Since 1992, Operation HOPE has been moving America from civil rights to "silver rights" with the mission of making free enterprise and capitalism work for the underserved—powering the broadest financial inclusion network in the country. Through its core programs, the nonprofit has provided financial dignity and economic empowerment to over 2.6 million individuals worldwide, and $2 billion in economic activity for the disenfranchised—turning check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, and minimum wage workers into living wage consumers. Project 5117 is Operation HOPE’s multi-year four-pronged approach to combating economic inequality that aims to improve financial literacy, increase business role models and business internships for youth, and stabilize the American dream by boosting credit scores. Operation HOPE recently received its second consecutive 4-star charity rating for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator—further establishing it as a best-in-class organization. For more information: www.OperationHOPE