Where we come from and where we're going

2012 - Inception

Sanlam and Old Mutual jointly acquire the business, which is set up as a fund administrator, and renamed Curo Fund Services.

2014 - Two Trillion Mark

Curo quickly grew to become a dominant player in the South African fund administration space, surpassing two trillion rands in assets under administration.

2015 - Market Share Growth Continues

By now, the business had diversified its client base, and boasted over 30% of South African’s top asset managers as clients.

2019 - Digital Transformation

Business implements global best-in-class fund administration technology to enhance its value proposition to its clients.

Our approach

Investors take risks and entrust their hard earned money to our clients. At Curo too, the investment management community entrusts the administration of these assets to us. At the heart of Curo is our relentless drive to take care of, look after and effectively manage the investment administration of our clients.

Commitment to our clients


Our focus is on your service to clients. Our service experience is constructed in a way that enables you to maintain and enhance your clients’ experience.

We believe this approach will position us more strongly as your partner and differentiate us in the market place.

We see your client challenges as our challenges and we are excited about partnering with you to solve them.

Risk management is part of our DNA and we strive to provide our clients with tangible and effective assurance that risks are actively managed.

The enterprise-wide risk function works to embed risk culture capabilities and practices to preserve and realise business value.

Our leadership

Barri Maggott

Chief Executive Officer

Barri joined Curo on 1 March 2016 and has over 20 years’ experience in the financial services industry. He spent a large part of his career running a management consulting business servicing various financial services clients. He also led a niche strategy consultancy which consulted on strategy, business transformation and outsourcing advice to global financial services businesses. He was the COO for Momentum Investments during its merger with Metropolitan as well as completing a brief stint in the public sector at the Auditor General’s office.

Mandla Dlova

HR Executive

Mandla joined Curo Fund Services in June 2014 bringing more than 14 years' experience in the field of Human Resources within the financial services industry. Among others, his experience includes Performance Management, Labour Law, Organisational development, Employee development and HR Strategy. He leads the team who ensures that Curo remains an employer of choice with a world-class Employee Value Proposition.

Darren Botha

Product and Business Development Executive

Darren joined the Curo leadership team as Executive for Product and Business Development having previously fulfilled leadership roles for key players including Alexander Forbes, Investment Solutions and Momentum Investments. A recipient of the Investment Solutions Managing Director’s Award for overall achievement, Darren ensures our advanced, cutting-edge response to market needs.

Craig Downes

Executive: Programme Delivery

Craig’s 15 years in financial services spans continents. He has held leadership roles at global firms including Cim Global Business in Mauritius and for MMI International, the merged entity of Metropolitan International and Momentum Africa. He brings this knowledge and expertise to Curo’s project space with a view to industry innovation by modernising the administration business in South Africa.

Lance Jacobs

Executive: Operations

After 20 years in finance, the challenge of doing something different brought Lance to Curo Fund Services given the business’ growth trajectory. A CA by training with experience in both retail and institutional financial services sectors, he manages the Operations Business Unit to ensure a high level of efficient service is delivered to our clients daily.

Lionel Vice

Executive: Risk and Compliance

His 27 years' experience in the financial services industry saw Lionel in senior posts at Curo Fund Services from 2000 to 2010 and returning in September 2012 as Chief Operating Officer. He started his career as internal auditor at Sanlam and held senior positions in audit and administration. More recently, he held the post of COO of Sanlam Structured Solutions overseeing the processes and controls of the derivative solution and capital protection teams.

Our directors

Compliance information

We affirm high standards of compliance to normative standards in our business in the context of our industry and our country.

PAIA compliance

In terms of PAIA, the Commission has a specific mandate to promote the right of access to information and to monitor compliance with PAIA.

BEE certification

To view our BEE certificate, click on the link below.

Talk to us today

We provide a comprehensive investment administration service for Life and Life Wrapped unitised pooled products, Pension/Retirement Funds, Medical Aid Funds, Collective Investment Schemes and Hedge Funds.