Senior executive team
Patrick holds a Bachelor of Commerce Honours in Finance (University of the Witwatersrand), a Bachelor of Commerce (Finance) (NUST, Zimbabwe) and a Masters of Business Administration from Hult International Business School. He has completed CFA Level 1 and 2 exams.
Patrick started his career with Questco, a boutique corporate finance company based in Johannesburg, where he was involved in corporate finance transactions in the mining, industrial and financial services sectors. Since then, he worked at Frankfurt-listed African Development Corporation (“ADC”) as an Investment Manager, focusing on financial services in Sub-Saharan Africa, before joining Brainworks Limited in 2013. At Brainworks, Patrick served as the Head of Advisory, assisting the CEO in executing acquisition transactions in African Sun, Dawn, GetBucks and FML Logistics.
His extensive experience in corporate finance and private equity makes an invaluable contribution to the Group’s strategy.
Formai is a Chartered Accountant (Zimbabwe) with more than ten years of experience. He holds Bachelor of Accounting Sciences, Postgraduate Diplomas in Accounting Sciences and Applied Accounting Sciences from the University of South Africa (UNISA) and Certificate in Theory of Accounting (CTA).
He is a highly experienced audit and accounting professional with valuable experience in insurance, manufacturing and property development industries. Prior to joining Dawn Properties Limited, Formai held senior positions in the insurance, FMCG and Property development industries including Financial Controller, Finance Executive and Head of Internal Audit roles for leading companies which include Cell Holdings (Private) Limited, Lobels Holdings (Private) Limited and Fidelity Life Assurance of Zimbabwe.