Industrial Development Corporation
Erwin Alexander currently serves as a Business Manager in the Office of the Chief Operations Officer at the Industrial Development Corporation, providing strategic support to a workforce of 354 across 17 departments. Responsibilities include oversight of operational matters, long-term planning, performance evaluation, budget management, and client experience management. Previously, Erwin held the position of Business Manager in the Office of the Divisional Executive, where involvement included divisional strategy formulation and stakeholder management. Erwin's earlier experience includes a role as a Consultant at PwC South Africa, focusing on project management, organisational design, supply chain management, and operational excellence. Erwin began the professional journey as a Financial Analyst at Cummins Africa Middle East, preparing financial data and statistical reports. Educational qualifications include a Bachelor of Commerce (Honours) in Financial Management and a Bachelor's degree in Accounting and Finance, both from the University of Johannesburg.
This person is not in any teams
This person is not in any offices
Industrial Development Corporation
1 followers
The Industrial Development Corporation of South Africa Limited (IDC) was established in 1940 by an Act of Parliament (Industrial Development Corporation Act, No. 22 of 1940). The IDC was mandated to develop domestic industrial capacity, specifically in manufactured goods, to mitigate the disruption of trade between Europe and South Africa during the Second World War. For more than 70 years the IDC has contributed to the implementation of South Africa's industrial policy and has established, among others, the petro-chemicals and minerals beneficiation industries. We have stimulated large industrial projects in these industries - acknowledged today as the cornerstones of the country's manufacturing sector - and influenced the establishment of industries in fabricated metals, agriculture and clothing and textiles. The IDC's funding is generated through income from loan and equity investments and exits from mature investments, as well as borrowings from commercial banks, development finance institutions (DFIs) and other lenders. We align our priorities with government's policy direction and remain committed to developing the country's industrial capacity, as well as playing a major role in facilitating job creation through industrialisation.