Modula Mofolo is an independent non-executive director of Black Lite Consulting. Modula is the Corporate Advisor at Khula Enterprise Finance Limited. As an advocate by training she has held various commercial legal advisory positions in within in the Financial Services sector, before moving into the corporate finance advisory space. Modula joined Khula in 2005 as Legal Advisor and played a critical role in the negotiation and conclusion of significant PPP partnerships with influential private and public sector players as well as introducing and implementing a Regulatory Compliance framework for Khula.
She joined Khula Operations in 2007 as Corporate Advisor in the COO's office where she is directly involved with strategic formulations and implementation to ensure achievement key strategic initiatives; policy framework formulations; input in policy and/or strategic shifts; strategic plan formulations and overarching oversight to ensure continued focus on key strategic deliverables.
Modula has good financial, analytical, strategic and operational skills, with extensive experience in sourcing, structuring and monitoring venture capital and private equity investments. She has a proven track record of delivering value through a hands-on operational approach to deal making. She has extensive experience in the design and structuring of speciality/niche investments funds with a particular focus on the small business financing sector. Modula closely liaises with Khula's fund managers and participates on some of the funds' investment committees. She has been instrumental in the structuring and drafting of Khula's BEE policy and Investment Charter.
Prior to joining Khula, Modula was Legal and Compliance Officer at FNB Corporate where she actively participated in and facilitated the introduction and implementation of the FICA/FAIS Risk and Compliance Framework for FNB Corporate in its Electronic Banking division.
She holds B.A. (Law) and LL.B degrees which she attained in 1999; served Articles at Webber Newdigate Attorneys Inc.; got admitted to the bar in 2000.