Mr Edward Nthite
IDC - Senior Regional Manager
Edward has over 16 years extensive experience in the financial sector which includes corporate finance, private equity and debt funding. He spend 6 years in Credit as a Senior Credit Manager and part of the Credit Committee at Nedbank where he funded both listed and unlisted entities, managing an investment portfolio of over R10 billion. Edward was at the Industrial Development Corporation where he did acquisitions, equity deals, mezzanine and debt funding for about 8 years with extensive experience .
In 2015 Edward joined Discovery (the largest Medical Aid in South Africa) as the head of provider contracting and was responsible for negotiating tariff contracts between Discovery and the hospital groups (Netcare, Life Healthcare, Mediclinic and NHN), the contracts are worth over R30 billion annually. Edward was also part of the Discovery Mergers and Acquisition Executive Committee that focusses on healthcare acquisitions in Africa, Europe and America on behalf of Discovery. He also sat on the Group Enterprise Fund Committee for all Discovery entities where he was part of the team that approves all investment proposals. He re-joined the IDC in 2017 as a Senior Regional Officer for North West.