Ari Budin
Full Name: Ari Budin
Position: COO of Magnitech
Main Activity of the Company: Magnitech is an industrial lighting manufacturer
Date and Place of Birth: June 8, 1979, Johannesburg
Education: BCom (Hons) (finance), MBA
First Job: Selling biltong at the Bree street flea market
Size of First Pay Packet: Not enough to buy a packet of biltong
Career History: Before joining Magnitech, I spent 12 years as the country head of I Hennig, an international diamond brokerage, and contributed to the establishment of multiple diamond polishing factories across Southern Africa
First Job with Present Group: COO
Number of People under Your Leadership: About 120
Management Style: I subscribe to the transformational management approach. I believe that innovation and the willingness to embrace change, as well as the quest for continuous growth, are key to any individual’s or company’s success. Pushing past your comfort zone is where greatness really happens
Personal Best Achievement: My two incredible daughters, Layla and Shanna
Professional Best Achievement: My professional best achievement is always still ahead of me
Person Who Has Had the Biggest Influence on Your Life: My wife
Person Who Has Had the Biggest Influence on Your Career: My father, who has always pushed me to excel beyond my belief
Person You Would Most Like to Meet: Richard Branson
Businessperson Who Has Impressed You Most: Bill Gates – to achieve such greatness, recognise it and then devote the rest of your life to making the world a better place is amazing in every sense of the word
Philosophy of Life: Carpe Diem – Seize the day!
Biggest Ever Opportunity: The opportunity to advance Magnitech into a global leader in industrial lighting must be my greatest opportunity yet
Biggest Ever Disappointment: I try not to linger on disappointments, but move on to create the next opportunity instead
Hope for the Future: To see and be part of a truly unified and thriving South Africa
Favourite Reading: Shantaram, by Gregory David Roberts
Favourite TV Programme: The sitcom Friends
Favourite Food/Drink: You cannot beat a good pizza and a glass or two of wine.
Favourite Music: I have a very eclectic taste in music, but my go-to tunes have to be 80ss rock
Favourite Sport: Rugby
Favourite Website: I am a tech nut, so it would have to be Wired.com
Hobbies: Reading, boxing, gym, wildlife and spending quality time with my family
Car: Mercedes-Benz
Pets: A slightly deranged cocker spaniel
Miscellaneous Dislikes: People who talk while chewing and slow Sunday drivers
Favourite Other South African Company: There are so many South African founded companies that I greatly admire – Sasol, for its innovation; Nandos, for its phenomenal marketing and stellar growth; Anglo American, for what it has created; and SANParks, for what it preserves, are just a few that immediately come to mind
Favourite Foreign Company: Google
Married: To Alexi, since January 17, 2008
Children: Layla, 8; Shanna, 5
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