Jorge Maia – Head: Industrial Research & Information

Company Name – Industrial Development Corporation (IDC)

Bio – Jorge Maia, Head of the Research and Information Department of the Industrial Development Corporation Jorge Maia holds a Master of Arts degree in Economics from Simon Fraser University in Vancouver, Canada. This academic qualification was preceded by a Bachelor of Economic Science with Honours from the University of the Witwatersrand in Johannesburg, South Africa. Mr Maia joined the Industrial Development Corporation of South Africa Limited (the IDC) in 1995 as a Manager in the Department of Economic Research and Development. He was mainly responsible for the Department’s macroeconomic and international economics sections, as well as for policy-related research pertaining to the SADC region. In mid-1999, Mr Maia was appointed to the position of Senior Project Manager in the IDC’s newly created SADC Department and, approximately one year later, to Head of this Department. Early in 2003, the Department was renamed Africa Unit, which has the following responsibilities and objectives: • The formulation and regular evaluation of the IDC’s investment guidelines and overall strategy for the SADC region in particular and the African continent in general; • the identification of new investment/financing opportunities for the IDC in Africa; • the co-ordination of the IDC’s regional portfolio; • the establishment of relationships with national, regional and international role players involved in the region; • attracting foreign direct investment into Africa through the promotion of regional investment opportunities; and, amongst others • the identification of potential co-financiers for African projects in the IDC’s pipeline. In January 2004, Mr Maia was seconded to Dynasty Textiles (Pty) Ltd, a cotton spinning operation based in Cape Town, to implement a merger between this company and Prilla 2000 (Pty) Ltd, a major cotton spinning company based in Pietermaritzburg. Subsequent to the successful merger of these companies, Mr Maia returned to the IDC in September 2004 as Head of the Risk Management Department, a position which he held until 31 April 2005. On 1 May 2005, Mr Maia was appointed Head of the Strategic Research and Information Department of the IDC. This Department, which has a staff complement of 13, plays a key supportive role to the IDC Board, Executive Management, the Asset and Liability Committee, all operational strategic business units, the Financial Management, Portfolio Management and Corporate Strategy departments, as well as external parties, by: • Analysing trends and forecasting movements in key macro-economic variables and in specific sectors of economic activity; • Providing sector/industry analysis; • Identifying development areas and financing/investment opportunities for the IDC in South Africa and in the rest of the African continent; • Providing strategic support to South African government departments; • Assessing country risk, particularly with respect to African countries; and, among others; • Providing consultancy services to external clients. Mr Maia is a director on the boards of the following companies: • Hans Merensky Holdings (South Africa); • Trade and Industrial Policy Strategies (South Africa). • ILB Helios South Africa (Pty) Limited