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[[File:Ivor Ichikowitz EMCOM.png|thumb|Ivor Ichikowitz]]
[[File:Ivor Ichikowitz EMCOM.png|thumb|Ivor Ichikowitz]]
'''Ivor Ichikowitz''' (born 1966) is a [[South African]] businessman, founder and executive chairman of [[Paramount Group]].<ref>{{cite news|url=http://blogs.ft.com/beyond-brics/2012/08/17/corporate-watch-paramount-group-takes-off/#axzz2FVlMHXym|title=Corporate watch: Paramount Group takes off with new aircraft|last=Minto|first=Rob|date=17 August 2012|work=[[Financial Times]]|accessdate=9 April 2013}}</ref><ref>{{cite news|url=http://www.defenceweb.co.za/index.php?option=com_content&view=article&id=27810&Itemid=116|title=Paramount Chairman, Ivor Ichikowitz, calls for leadership in innovation|date=23 September 2012|work=Defence Web|accessdate=9 April 2013}}</ref><ref>{{cite web|url=http://www.africanaerospace.aero/paramount-group-inspires-next-generation-of-african-engineers.html |title=African Aerospace - Paramount Group inspires next generation of African engineers |publisher=Africanaerospace.aero |date=2012-11-08 |accessdate=2013-04-26}}</ref><ref>{{cite news |first= |last= |magazine=The African Business Journal p.30-40 |date=March 2013}}</ref>
'''Ivor Ichikowitz''' (born 1966) is a [[South African]] businessman, founder and executive chairman of [[Paramount Group]].<ref>{{cite news|url=http://blogs.ft.com/beyond-brics/2012/08/17/corporate-watch-paramount-group-takes-off/#axzz2FVlMHXym|title=Corporate watch: Paramount Group takes off with new aircraft|last=Minto|first=Rob|date=17 August 2012|work=[[Financial Times]]|accessdate=9 April 2013}}</ref><ref>{{cite news|url=http://www.defenceweb.co.za/index.php?option=com_content&view=article&id=27810&Itemid=116|title=Paramount Chairman, Ivor Ichikowitz, calls for leadership in innovation|date=23 September 2012|work=Defence Web|accessdate=9 April 2013}}</ref><ref>{{cite web|url=http://www.africanaerospace.aero/paramount-group-inspires-next-generation-of-african-engineers.html |title=African Aerospace - Paramount Group inspires next generation of African engineers |publisher=Africanaerospace.aero |date=2012-11-08 |accessdate=2013-04-26}}</ref><ref>{{cite news |first= |last= |magazine=The African Business Journal p.30-40 |date=March 2013}}</ref>

Revision as of 15:52, 26 April 2013

File:Ivor Ichikowitz EMCOM.png
Ivor Ichikowitz

Ivor Ichikowitz (born 1966) is a South African businessman, founder and executive chairman of Paramount Group.[1][2][3][4]

He is a well-known entrepreneur and industrialist, advocating South Africa and the wider continent’s manufacturing capacity and regularly championing the importance of a developing engineering sector for the social and economic advancement of Africa.[5][6]

Early life and education

Ivor Ichikowitz was born in 1966 in the mining town of Springs in South Africa where he experienced first-hand the many challenges of the country's transition.[7]

Ichikowitz’s father, Louis, began importing Suzuki motorcycles, setting the foundation on which Ivor would later build his own company – Paramount Group.[7][8]

Ichikowitz studied drama at the University of Witwatersrand in Johannesburg, South Africa.[9] During his time at university Ichikowitz became involved with protest theatre before travelling in Africa and studying African literature.[9]

Career

During the past twenty years Ichikowitz has developed a number of businesses across the African continent – spanning defence and aerospace, mining, oil and gas, agriculture and sustainable development, property, retail and tourism.[7]

Ichikowitz founded Paramount Group in 1994. The company operates in the global defence, internal security and peacekeeping industries.[10][11][7]

The Paramount Group manufactures a range of armoured vehicles[12][13] and deals in surplus South African military equipment,[14] including fighter aircraft.[15]

In 2011 Paramount Group launched the AHRLAC, due to take its first flight in 2013.[16][17] Paramount Group operates in countries in the Middle East, South America and Africa, as well as in India.[18]

In addition to his role at Paramount Group, Ichikowitz is the executive chairman of private equity group TransAfrica Capital, which invests in scientific research and development projects.[7]

Controversy

Ichikowitz has been criticised for being a "close ally" of the ruling African National Congress,[19] and for providing President Jacob Zuma with an aircraft to use for a fundraising and business trip to Lebanon and Kazakhstan.[20][21]

Another flight by Zuma to the United States on an aircraft owned by Ichikowitz in 2011 caused considerable controversy when the cost of R6.3 million was questioned in parliament.[22] The official presidential aircraft, operated by the South African Air Force, was not available for the flight.[23][24][25]

Ichikowitz has also been criticised for his involvement in the controversial Oil-for-Food Programme in the aftermath of the Gulf War.[26]

Philanthropic Interests

Ichikowitz is a life-long proponent of Africa and its people, with philanthropic interests covering local community initiatives to international trade and development. Ichikowitz strongly believes in the continents potential to become a significant economic power - citing innovation as the key to future growth.[7][27]

Ichikowitz maintains a philanthropic organisation called the Ichikowitz Family Foundation, founded in 2010.[28] The Foundation is focussed on developing Africa through education programmes, promotion of human rights, a better understanding of Africa’s modern history and the conservation of the continent’s biodiversity.[29][30]

References

  1. ^ Minto, Rob (17 August 2012). "Corporate watch: Paramount Group takes off with new aircraft". Financial Times. Retrieved 9 April 2013.
  2. ^ "Paramount Chairman, Ivor Ichikowitz, calls for leadership in innovation". Defence Web. 23 September 2012. Retrieved 9 April 2013.
  3. ^ "African Aerospace - Paramount Group inspires next generation of African engineers". Africanaerospace.aero. 2012-11-08. Retrieved 2013-04-26.
  4. ^ The African Business Journal p.30-40. March 2013. {{cite news}}: Missing or empty |title= (help)
  5. ^ "Ivor Ichikowitz - Executive Chairman, Paramount Group". ABN Digital. Retrieved 9 April 2013.
  6. ^ "Lessons for SA in growth elsewhere in Africa | Opinion & Analysis". BDlive. 2012-09-13. Retrieved 2013-04-26.
  7. ^ a b c d e f Tilley, Les (September 2012). "The Can-Do Man of Action". Forbes p.54.
  8. ^ Duval Smith, Alex. "Arms and the Man". Monocle.
  9. ^ a b Kidd, Kenneth (4 December 2011). "South Africa's unlikely ally". Toronto Star. p. 9.
  10. ^ From  Diana Magnay, CNN. "South Africa's booming defense industry - CNN.com". Edition.cnn.com. Retrieved 2013-04-26. {{cite web}}: |author= has generic name (help); no-break space character in |author= at position 5 (help)
  11. ^ "SA's defence industry ties growing apace". FM. 2012-12-07. Retrieved 2013-04-26.
  12. ^ "The Marauder, part 1 (Series 17, Episode 1) - BBC Top Gear". Topgear.com. Retrieved 2013-04-26.
  13. ^ "AAD 2012: Paramount launches new vehicle variant - News - Shephard". Shephardmedia.com. 2012-09-18. Retrieved 2013-04-26.
  14. ^ "South Africa has sold R4.8 billion worth of weaponry this year". DefenceWeb. 2012-09-10. Retrieved 2013-04-26.
  15. ^ "Paramount confirms Mirage F1AZs delivered to Congo-Brazzaville, eyes future customers". DefenceWeb. 2011-04-21. Retrieved 2013-04-26.
  16. ^ "Corporate watch: Paramount Group takes off with new aircraft | beyondbrics". Blogs.ft.com. 2012-08-17. Retrieved 2013-04-26.
  17. ^ Mantshantsha, Sikonathi (2012-09-17). "Paramount to Fly Africa's Latest Military Plane Next Year". Bloomberg. Retrieved 2013-04-26.
  18. ^ "Paramount Group enters into joint venture with International Golden Group". Strategic Defence Intelligence. Retrieved 2013-04-26.
  19. ^ Stephan Hofstatter, Rob Rose And Mzilikazi Wa Afrika. "Arms and the man who would be king". Times LIVE. Retrieved 2013-04-26.
  20. ^ "Ivor the invincible". City Press. Retrieved 2013-04-26.
  21. ^ "Crony capitalists on JZ's coat-tails | News | National | Mail & Guardian". Mg.co.za. 2010-03-05. Retrieved 2013-04-26.
  22. ^ "DA wants answers on Zuma's US trip - The Star". IOL.co.za. 2011-09-21. Retrieved 2013-04-26.
  23. ^ "Eyewitness News: Zuma's R6.3m US flight". Ewn.co.za. Retrieved 2013-04-26.
  24. ^ "Eyewitness News: More questions raised over Zuma's hired jet". Ewn.co.za. Retrieved 2013-04-26.
  25. ^ "Zuma flies "Air Ichikowitz"". DefenceWeb. 2011-09-21. Retrieved 2013-04-26.
  26. ^ "The arms dealer who flies Zuma". sareporter.com. 2009-03-13. Retrieved 2013-04-26.
  27. ^ "Movers&Shakers". African Business Journal p.30-44. March 2013.
  28. ^ "SA using aircraft to fight poaching". News24. 2012-12-04. Retrieved 2013-04-26.
  29. ^ "New measures to combat rhino poaching - Crime & Courts | IOL News". IOL.co.za. 2012-12-04. Retrieved 2013-04-26.
  30. ^ "Paramount donates aircraft to combat rhino poaching". DefenceWeb. 2012-12-04. Retrieved 2013-04-26.
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