Mr. Maleho Mothibatsela

Mr. Maleho Mothibatsela
Board Chairperson

Appointed 24 August 2021


Mr Mothibatsela is a graduate of economics and accounting from the University of Botswana, with core professional experience and expertise in Investments, Finance, and Economics. Maleho has spent 24 years in financial services, 23 years of which have been dedicated to institutional, retail, and private high net‐worth investment management, both locally and abroad, as well as in investment advisory, since 2010.


Maleho is currently executive director and Chief Investment Officer at BlackThread Capital, which he founded in 2007. He commenced his investment career as Fixed Income & Equity analyst with Fleming Asset Management Botswana (Formerly Ngamiland Asset Management) and later seconded to Robert Fleming, UK where he joined the Global Emerging Markets desk as a buy‐side equity analyst. Further to this, he served as Associate Analyst, and Country and Sector Specialist at JP Morgan Chase and later, JP Morgan Europe Ltd also based in London. Maleho had sector responsibility for banking; mining and in particular Platinum group metals; and major industrial conglomerates under management within the broader Global Emerging Markets group, for institutional and retail clients in global listed equities. In 2004 he joined the Imara Holdings group in Botswana where he served in various capacities commencing with the position of CEO of Imara Asset Management Botswana, Country head of Botswana for the Imara group reporting to the Group board, Co‐lead manager to Imara’s Flagship Fund, namely; the “Imara African Opportunities Fund” with regional focus on Botswana and West Africa, until September 2007 before setting up BlackThread Capital.


Maleho has served in various other public fiduciary capacities over his career including, maiden Chairman of the Investment Committee of the Botswana Public Officers Medical Aid Scheme; Independent member of the Investment Committee of Fleming Asset Management Botswana; Treasurer to the Anglican Diocese of Botswana as well as Trustee to the Anglican Bishopric Endowment Fund. Among other private directorships, Maleho is presently Chairman of the Board of Pula Medical Aid Fund, where he has served as Trustee since 2011, and Chairman of the board, since 2016. He is also a director on the board of Okavango Diamond Company and Mosokelatsebeng Cellular.