Reggie Naidoo

Group Executive Chairman

Reggie’s background includes SMME development and finance studied in many countries around the world such as Malaysia, Indonesia, Bangladesh, Singapore and the United States. Reggie’s educational achievements include a post graduate diploma in World Banking and Finance from the University of Colorado and a Masters in Management from University of Witwatersrand (Wits). He has submitted his final thesis for a PhD at the University Of Fort Hare and awaits its results and conferment.

Reggie takes great joy in developing Non Profit Organisations to service and develop communities in impoverished areas. This business background was honed at the grass root level of the townships in the Eastern Cape where he founded IBEC (Independent Enrichment Business Centre) and IBFC (Independent Business Finance Centre) to provide training and finance to hawkers, SMME’s and the unemployed in South Africa.

After moving to Johannesburg in 2000, AGE (African General Equity) Group was born. The first chairman of AGE Group was Professor Wiseman Nkuhlu, South Africa’s first black accountant and former economic advisor to President Thabo Mbeki.

Reggie’s wide exposure to the business world in Development Finance, Asset Management, Treasury, Venture Capital, Reinsurance, ICT, Airlines, Shipping, Loyalty reward programmes, Media, Cinema, Food and SMME training gives the AGE Group the expertise it needs to grow in a variety of markets.

Reggie’s diverse portfolio features the following former appointments:

  • Acting CEO and Board Member – Eastern Cape Development Corporation

  • Managing Director – Decillion Treasury Management Services

  • Joint Managing Director – Decillion SA

  • Economic adviser – to the Speaker of Parliament to Iran

  • Expert adviser – SMME finance to South African Trade and Industry Minister Rob Davies

  • Chairman – Africa Board of Trustees of the African Eye Institute (formerly Brien Holden Vision Institute)

  • Deputy Chairman – SAMTRA (SA Maritime Training Academy)

  • Secretariat for the BRICS Reinsurance Project

Current trustee memberships:

  • African Eye Institute

  • Global Institute for Entrepreneurship and Ethics (GIEE)

  • Africa Social Impact Fund

  • Dental Care Africa

  • Advisor to the Red Cross AMS (Air Mercy Services) board and management

Reggie continues to play a role in assisting and financing organisations to continue their programmes in, among others, ethics, entrepreneurship, education, health, human rights development and domestic violence (women and children), blind and deaf schools and SMME development. Since the possible scarcity of clean water and access to power have become topical issues globally, Reggie has been researching and working on water treatment solutions since 2008.

At the dawn of post-apartheid South Africa in 1993, Reggie Naidoo was chosen as part of the Wits Leadership Programme established to fast track individuals to Director-General posts for the new South African government. The programme featured people who would go on to become prominent leaders in South Africa. Among them, former President Kgalema Mothlante and former DG’s Ketso Gordhan, Bongiwe Njobe, Tanya Ambramse and Cameron Dugmore amongst others.


Vani Moodley

Chief Executive Officer: AGE Business Management Solutions

With twenty five years of experience in the Small Medium Enterprise development sector, organisational development, management and leadership sectors, Ms Vani Moodley has designed training models, manuals, trained, mentored, coached and interacted with women, youth and men in urban and rural areas, in business, in federations, corporate and government, nationally within South Africa, in six countries in Africa for the ILO, CEFE International and Oxfam America, the USA, Phillipines, Sweden, Switzerland, Bangladesh (engaged by the World Bank IFC), India, Belgium (Seda & the Flemish Government), Dubai, England Mauritius and Brazil.

She has travelled to 26 countries and two islands. From the “rural” to the “boardroom”, she has trained and consulted as an internationally accredited trainer of trainers on entrepreneurship and leadership using the CEFE (Competencies Based Economies Formation of Enterprises) Model as a basis.


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Shakira Rajcoomar

Chief Executive Officer: JUST REWARDS LOYALTY 

Shakira brings over fifteen years of finance, leadership and business acumen, using financial analysis to facilitate change and innovation. Shakira's unique insight and experience in the rewards and loyalty, and advertising space gives targeted strategic insights across every sector of our business. Overall an excellent project manager, critical thinker and creative problem solver Shakira is both a starter and a coordinator able to apply analytical skills beyond the traditional functions of finance and bringing them to bear on a broad range of commercial and busines issues.


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Shannyn Bower

Chief Executive Officer: AGE VAN RENTAL

Shannyn is a naturally driven professional with over 18 years experience in the van rental space.

As part of her diversified portfolio, Shannyn was previously the National Business Development Manager to one of South Africa’s leading logistics companies, National Sales Manager of the country’s largest van rental groups, Regional Sales Manager in the Eastern Cape where she held the title of Top Sales Person for ten consecutive years.

With her positive decision making  and team leadership capabilities, Shannyn's passion is in her ability to build strategic partnerships where she maintains a career track record of growing a company’s profitability, driving results and providing leadership solutions to organisational challenges.


Ndzondelelo Buhle Dlulane

Executive: My Business Finance

Ndzondelelo Buhle Dlulane is an accomplished executive with over 30 years of experience. He has vast experience in strategic planning and implementation, executive leadership, corporate governance, operations management, development (including micro, rural and agricultural) finance, rural and agricultural development, business transformation, agribusiness, enterprise development and support amongst other aspects. He previously established entities and refocused entities. 

A Master of Business Leadership graduate from UNISA, Ndzondelelo Dlulane has been a Chief Executive Officer in various institutions in which he implemented turnaround and effective internal control systems, resulting in consistent unqualified audit opinions while ensuring effective delivery on the mandate of the respective institutions. He also previously served on various boards and board committees. He holds a Bachelor of Agriculture Honours; a Bachelor of Agriculture from Fort Hare University, and various commercial Diplomas and post-graduate certificates. 


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John Alufayi

Group Financial Modelling

John is a highly experienced international development finance professional with more than 25 years of experience in non-profit and development finance institutions, banking, credit management, financial risk assessment and institutional assessments and restructuring. 

He’s an accomplished financial leader, a qualified professional accountant (formerly Certified Public Accountant, SA) and a Chartered Secretary with a proven capacity to develop new financial services institutions from scratch. 

Various donor agencies and multilateral institutions have used John’s expertise including: WORLD BANK, CIDA, AUSAID, USAID, ACDI-VOCA, OPPORTUNITY INTERNATIONAL, EU, GTZ, KfW, CGAP, AFCAP SAMAF and KHULA and Small Enterprise Finance Agency (sefa).

John’s financial modelling and hands-on financial management expertise combined with his experience in developing and implementing policies and procedures and internal control systems takes AGE Group’s financial services offering to the cutting edge.