Rakesh is a Chartered Accountant. He has previously served as a Chief Operating Officer for Deutsche Bank in South Africa as part of the BEE transaction completed with Utajiri Investment.s Rakesh is one of the founding shareholders of Utajiri Investments, established to participate as an equity leader in Black Economic initiatives in the Financial Services Industry. He served as a senior partner within Assurance Services at Ernst & Young (Johannesburg). He was appointed to the board of Peu Investment Group and he was Vice President at CITIBANK (South Africa), Rakesh gained enormous international experience while at Ernst & Young having served at the offices in London and Amsterdam. He currently serves as a board member for HOSKEN Consolidated Investment Ltd,  KZN Growth Fund Managers, Gauteng Partnership Fund and he chairs the Audit and Risk Committee of HCI. He further serves on the audit committees of the Financial Sector Charter.