The Team

Maru Asset Managers is made up of a team of highly skilled professionals who have extensive experience in the South African and International markets and have built lengthy track records over the years. A diverse group of people make up this highly motivated team, and each person brings a unique skill, insight and expertise to the table.

“Skill is the unified force of experience, intellect & passion in their operation” – John Ruskin

We’ve created an ‘intrapreneurial’ environment to ensure you get the best service.

Chairman: Chief Lediga

Chief Lediga has more than 20 years experience in financial markets, primarily in the stock-broking and asset management sectors. He was the founder of Legae Securities (Legae) in 1996, the first black stock-broking firm in the history of the JSE, at which he was chief executive and chairman for a period of 13 years.

During that time he was involved in entrepreneurship, senior management and aspects related to financial markets. As chief executive, he participated in or supervised business units in equities, bonds, private clients portfolio management, corporate finance and hedge funds. He has developed extensive networks in the asset management industry and numerous pension funds.

He started his career at Allianz Insurance as a graduate management trainee and then moved on to be a business reporter for the Star newspaper. Thereafter he worked for stockbrokers Senekal Mouton & Kitshoff as dealer and later as an equity analyst, after which he founded Legae Securities. He is currently, among others, a non-executive director at the South African operations of multinational food giant Nestle.

He matriculated with an A aggregate and completed his BCom at Wits University and later graduated with an MBA (Cum Laude) at Unisa’s School of Business Leadership (SBL), where he obtained the prize for top student. He is an occasional lecturer in business strategy at this alma mater SBL. After the financial crisis of 2008/2009 he sold Legae in parts, with the hedge funds business going to Sanlam and the stock-broking side to Peregrine and is currently involved in entrepreneurial activities.

CIO: Daniel Izan De Bruin

Institute of Financial Markets, Derivatives (RSA)
JSE Compliance Officer
Diplomas in Financial markets (Securities and derivatives) (UK)
FSA compliant
Postgraduate Certificate in Business Administration (UK)
Stockbroking Membership Exam (Wits)


Izan de Bruin’s achievements can be attributed to a mix of consummate expertise in financial markets, and a passion for economic and financial analysis in order to successfully interpret the market.

De Bruin has been an asset manager for the past 29 years as indicated below and has accumulated experience in all financial instruments. In his corporate experience of 29 years, he managed both private and institutional portfolios. Izan has also been involved in many business transactions and JSE listings. His independent asset management and stockbroking companies (founded in 1998 and 1999), Xenium Financial Managers and Xenium Securities, have consistently produced above average returns for his clients. Maru Asset managers was founded by Izan in 2005, with which he was continuously involved in and currently again CIO and Director.

His training company – registered to deliver the National Diploma Financial Markets – has been responsible for the successful career of over 100 black investment professionals, while it was accredited by FASSET (Financial and Auditing Services Sector Education and Training Authority). His financial intelligence courses as well as the Independence Financial Course have contributed in training thousands of private investors in the art and science of investing in the range of financial products.

Izan has been a Compliance officer and KI (Key Individual) for over 20 years and during these years he also served as FIC Compliance and Money laundering officer, Settlement officer and other related positions. His years of practical experience related to the rules and legalities governing financial markets, coupled with and entrenched sense of fairness has caused the related compliance tasks to be performed with accuracy and efficiency. De Bruin has and is fulfilling these Financial Services and Compliance manager duties for a number of national and International entities.

Over the years he has contributed to financial programmes on Classic FM, RSG and newspaper columns like The Star, Sunday Times, Sowetan and is a regular TV contributor on CNBC Africa.

From 2007, De Bruin was a non-executive director and acting as one of two executive directors of Rand Gold and Exploration board from June 2008, and instrumental in the legal and corporate processes that culminated in Randgold reaching the R1-billion settlement with JCI in 2010. He also had the executive responsibility for mining related rights and assets.