Page 69 - KZN Top Business Portfolio - EBOOK 2019

KwaZulu-Natal Regional Manager, Industrial oriented and has an open-door policy to both his
Development Corporation (IDC) employees and clients to discuss any issue relating to
business and the work they do.
AT MOODLEY has been in the financial “Dealing with people is not always easy and it
sector for over 30 years, where the takes exceptional skills, especially where finances
desire to promote sustainable business
Pdevelopment and economic growth has are involved. Part of my role is educating my team
shaped his career. on how to manage client’s expectations.”
The IDC KZN team is very passionate about
After completing his initial university degree,
Moodley obtained a position in the banking sector development and constantly work to empower
sustainable business entities. “We are customer
focusing on financing of SMMEs and corporates. focused and ensure that we provide a high level of
This experience, as well as working for other finance service, our clients are extremely important as they
institutions, resulted in a position at the Industrial are the foundation for the growth of our economy.
Development Corporation (IDC) where he has Servicing clients may include identifying gaps in their
worked for the past 19 years.
business model that require attention or providing
Moodley says, “Working for IDC is not only a mentorship to assist their businesses to grow.”
job, but it is also a calling.” He explained that he is The KwaZulu-Natal regional office’s success has
driven by the desire to grow viable and sustainable also grown out of the relationships it has forged with
businesses that have social impact; especially the public and private sectors, other development
businesses that create jobs to counter the high rate finance institutions, as well as commercial banks.
of unemployment.
In addition, Moodley says that although he and
Moodley says that he is motivated daily by the fact his team need to be very empathetic, they also
that once he reaches retirement age, he will be able need to be firm on the occasions that the IDC is
to reflect on his achievements and the difference that unable to assist with applications for funding. He
he has contributed to enhance the business sector in added that if a project is not sustainable there are
KZN under his leadership at the IDC. valid reasons, and these are explained to the client
“I am inspired by making a difference. When you in detail. We finance businesses that are sustainable
finance businesses and can see the growth in these and economically viable.”
entities, it gives a great sense of accomplishment. He Moodley’s advice to anyone entering the finance
added that when you finance a business that creates industry is that they would need to have integrity
jobs, then families can enhance their lives and secure and honesty. Although Moodley is very comfortable
a better future for their children. By creating jobs, we with his current achievements, he intends to ensure
are creating a sustainable country that ensures our that the IDC continues to have an impact on the lives
future. Young and upcoming university graduates of people who require support. He believes that the
have a likelihood of being employed locally rather KwaZulu-Natal province has many opportunities
than moving out of the country.” and it’s vital to tap into these.
The commitment to his multifaceted role is apparent Moodley is married with one son. During the
in the long and demanding hours that Moodley puts weekends, he enjoys relaxing at home and often
in to ensure that his clients’ needs are met. He says, spends time cooking to unwind. When possible, he
“Working at the IDC is not a standard eight to five and his family enjoy travel to ensure that they spend
job.”Moodley describes himself as being very people quality time together.

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