NexaWave Fibre Networks — Management Team & Governance
The management team and the governance underpinning NexaWave.
Section 15 · Business Plan
Management Team & Governance
The management team and the governance underpinning NexaWave.
Executive structure
| Role | Mandate | Required profile |
|---|---|---|
| Chief Executive Officer | Strategy, capital raising, regulator & municipal relationships | 15+ years telecoms/infrastructure; prior FNO or large-build leadership |
| Chief Financial Officer | Project-finance structuring, debt programmes, investor reporting | CA(SA); infrastructure/project-finance and treasury depth |
| Chief Technology Officer | Network architecture, XGS-PON strategy, NOC | FNO network engineering at scale |
| Chief Operating Officer | Build delivery, contractor management, wayleaves | Large-scale civil/telecoms rollout delivery |
| Chief Commercial Officer | ISP wholesale, enterprise & metro sales, pricing | Wholesale telecoms / ISP-channel leadership |
| Head of Regulatory & Municipal | ICASA licensing, wayleaves, compliance | Telecoms regulatory & municipal-relations experience |
Board & governance
- Board weighted to infrastructure and project-finance expertise,
with investor-nominated and independent non-executive directors
including an independent chair. - Committees from inception: Audit & Risk; Capital &
Investment (approves capex allocation and route economics); Remuneration
& Nominations; Social & Ethics (owns ESG and digital-inclusion
mandate). - King IV application; delegation-of-authority matrix governing
capex commitment thresholds — critical given capital intensity. - Monthly funder reporting: homes-passed and connected velocity,
capex vs budget by route, penetration cohorts, covenant certificates and
liquidity runway.
Execution-team risk is elevated for an infrastructure build of this
scale. The plan assumes a full executive team with FNO-grade build,
regulatory and project-finance experience is assembled before financial
close — scarce talent that the incumbents actively retain. Meaningful
equity participation, investor-network sourcing and staged milestone
hiring mitigate but do not remove this dependency; a build of R17.9
billion is unforgiving of an inexperienced delivery team.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of NexaWave Fibre Networks (Pty) Ltd.