Venture capitalist and former FNB CEO Michael Jordaan shared his investment insights on Daily Investor’s new show – Smart Money, with Alishia Seckam.
Jordaan is widely regarded as the best banking CEO of his generation, who created tremendous value for FirstRand shareholders and FNB clients. Under his leadership, FNB showed strong subscriber growth and was named the most innovative bank in the world at the 2012 BAI-Finacle Global Banking Innovation Awards.
After leaving FNB, Jordaan founded Montegray Capital, a private equity firm that invests in disruptive technologies and disruptive business models. Through Montegray Capital, he partnered with over twenty South African ventures, including Bank Zero, Rain, Valr, and Numerical.
In the premiere of Smart Money, Jordaan shares his investment strategy and explains how he selects the companies he invests in. He also discusses the similarities and differences between running a large bank and a venture capital fund.