Kyle de Matteis to step in as Sabvest Capital’s new CFO

Currently the deputy CFO, Kyle will be taking over from retiring CFO Ray Pleaner in April.

Sabvest Capital (Sabcap) has announced the appointment of Kyle de Matteis as its new CFO with effect from 30 April. Kyle is currently deputy CFO, having joined the group in October 2020, and will be taking over from retiring CFO Ray Pleaner.

Kyle, a qualified CA(SA) and CFA, holds a bachelor of science degree and a postgraduate diploma in accounting. He was previously in various roles with Deloitte in South Africa, New York and London, was head of credit at Merchant Capital and most recently was a senior financial manager at Brait.

Ray will continue as a group executive in a corporate finance related role for an agreed period. He joined Sabcap in 1985. “The board is very appreciative of his services and dedication to the group over this lengthy period and wishes him and his wife, Marcelle, many happy and healthy years ahead when he retires from the group,” Sabcap said.