Directors

Executive Chairman, Sean Maloney

Maloney is the Henry Wells of Southern Africa. In just under 13 years, he has owned a grand total of 61 forex shops. Maloney began his education in Zimbabwe before moving on to the University of Cape Town for his tertiary studies. He began his career with Unisys in Johannesburg in 1986.  In 1995 he opened his first bureau de change at the Victoria Falls, starting a chain that would grow to 32 branches, the biggest in that country, before the Zimbabwean government shut down the bureau de change industry in 2002. In 2001, Maloney turned his attention to his South African operations in earnest. Since then FX Africa has grown to be the third biggest forex supplier in the country. Maloney is currently the executive director of the company and envisages an even better future for FX Africa. “We are going to constantly raise our own performance bar,” says Maloney. “We are going to shoot for the moon. We may fall a bit short, but we’ll get much further than if we just stay within our comfort zone.”

Managing Director, Darren Jenkins-Ferrett

Darren joined FX Africa Foreign Exchange in June 2005 as Managing Director. Before moving to FX Africa, Darren spent six years with Tourvest’s American Express Foreign Exchange franchise, five of which he was a director. During Darren’s term with American Express he was responsible for retail branch network expansion, new sales, product development, advertising and marketing. From his time at American Express Foreign Exchange, Darren has a great deal of experience, both of the environment of a global brand franchise and the demands of running a retail foreign exchange outlet at a busy airport location.

Darren is a graduate in Computing and Information Systems from London Guildhall University. Prior to being employed by American Express he worked for three years for SAB Miller as part of the SAB Group financial management team at the SAB Miller head office in Braamfontein. Before Darren’s immigration to South Africa in 1996 he held various financial management positions in the advertising industry in London. Darren is currently studying for his MBA through Edinburgh Business School.

Financial Director, Michael Harris

One of FX Africa’s newest stars, Harris joined FX Africa in April 2008. As his title suggests, Harris manages the accounting and reporting aspects of FX Africa. He previously worked as Financial Director at Tower Foreign Exchange and as treasury manager at American Express, during his 14 years in the forex industry. “I joined FX Africa because it’s a growing and exciting company,” says Harris. “There’s an entrepreneurial spirit here that you don’t find elsewhere.” Harris has a B.Comm in Investment and Business Management from the University of South Africa.

Johannesburg Management Team

Western Cape Management Team

Regional Manager, Lee Savage

Lee Savage, FX Africa’s regional manager for the Western Cape, oversees the nine branches in this province. Her responsibilities include hunting for potential new branch locations, monitoring existing branches in terms of audits, expanding sales and ensuring targets are reached, making sure service levels are kept to a high standard and keeping an eye on general staff issues. One of FX Africa’s longest-standing staff members, Savage joined the company in March 2001 as a sales consultant. She was promoted to sales manager and then a few months ago to regional manager. Before coming to FX Africa, she worked for Rentokil Initial in sales for five years. “I believe at FX Africa our clients enjoy the FX ‘Experience’ as we always strive for service excellence,” says Savage. “Thanks to this, we’ve been able to expand our client base through referrals and repeat business.”

KwaZulu-Natal Management Team