Page 49 - KZN Leaders Portfolio E-BOOK 2107

Managing and Founding Partner of Morar Incorporated
R OSHAN MORAR is a well-respected financial become recognised as an award winning and well-
functioning state-owned company.
The various committees that he serves on range from
expert committed to making a difference at all
acquisitions, to commercial, audit and risk, human
levels in South Africa’s economy.
This expertise has been built over the last resources, to remuneration and nominations.
“The Board appointments have enhanced my personal
21 years. In 1995 Roshan Morar opened his own and professional growth. The experience and exposure
accountancy firm in a small office in Church Street that I have acquired as a Board member has helped build
Pietermaritzburg. The firm now employs 186 staff my business acumen. I hope that the contribution I am
around the country and aims to double that figure in the able to make serves the best interests of the shareholders
coming years. With a head office in Pietermaritzburg, as well as stakeholders, including society, labour and the
and offices in Umhlanga, Bloemfontein, Polokwane, environment”.
Mpumalanga, Kimberley, Rustenburg, Cape Town and
Centurion, the firm is positioned to service a national The growth in his business acumen is apparent in his
network of clients. plans for his firm. Not only will the Durban operation
eventually increase, but the ambitious Morar also plans
Morar has obtained substantial experience in all to further reinforce the company’s presence in South
aspects of the corporate environment, more especially Africa –and has his sights set on growing the practice
in property investments and finance, risk management beyond the national borders to establish the firm as a
and private equity transactions. He has also been fully-fledged African practice.
involved in an advisory capacity to various successful
start-up businesses, including black economic The capacity to analyse complex financial issues and
empowerment management buyouts, among others. to understand what kinds of risks a company is facing is
essential in today’s business.
Driven by the motto “no client is too small,” the firm
initially geared itself towards servicing black-owned Morar said South African businesses need to be
businesses, many of which were small and medium- prepared for risks as with the economic pressures in
sized family-owned businesses. The first family to take today’s world, the potential for fraud was high.
its business to Morar are still clients of the firm. Today, “It is also imperative for every business to undertake a
such businesses remain an important focus of the risk assessment process to determine the potential impact
auditing and tax services work. However, clients now as a result of interruptions of time sensitive or critical
cover a wide spectrum of businesses and industries, business processes. Our internal audit division has now
ranging from the sole-proprietor to big Johannesburg- acquired the relevant CURA risk management software
based corporations with hundreds of employees. to document risks identified and assists with managing
In line with Morar’s aim to provide value added these risks to ensure business continuity.”
services, the firm’s staff prides themselves on building The forensic investigation services range from
relationships with clients and this personalised international cross-border transactions to national and
approach has been a consistent hallmark of the local investigations, including employee corruption and
practice. In addition, confidentiality and the quality of fraud, as well as electronic and procurement fraud.
the service are all-important aspects of service delivery.
The innovative firm also has experts skilled in
Morar says of his career, “As an emerging Black interview techniques, document review, authentication
entrepreneur, there were many doors that remained and records analysis. The latest technology in data
closed. I remained focused and determined to change interrogation software, monitoring and interception
this.” He added, “Taking calculated risks, hard work hardware and fund-transfer tracking software is used.
and being determined to achieve success,” had driven
his career. “In addition, balancing time and planning is Morar Incorporated staff also consult for all three
key,” said Morar. It is clear that his journey is far from spheres of government and conduct external audits on
finished. behalf of the Auditor General of South Africa, of which
the firm is an accredited service provider.
This success is very much evident in the many high
profile board positions and board committees on which It also makes Morar Incorporated the preferred service
he currently serves. Morar is the chairperson of the provider for international companies wanting to start
South African National Roads Agency (SANRAL) to trading in South Africa.
which he was appointed in March 2015. Morar is the Under the financial guidance of Roshan Morar you
deputy chairperson and independent non-executive are in good hands. He is well on his way to making
director of the Public Investment Corporation. a positive impact on South Africa’s growth and
Furthermore, Morar has been a non independent non- development. He said ,”I wish to make a difference at
executive director of Adcock Ingram Holdings Limited all levels; to create a legacy that would stand tall and be
since April 2014. He is also the deputy chairperson recognised as having made a difference. All we leave
of Airports Company South Africa ACSA, which has behind are our names and reputation.”

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