James' appointment as Alternate Director follows the investment by Rational Expectations in Humanstate. James obtained a B.Com Honours degree at the University of Stellenbosch (1996) and is a registered Chartered Accountant with a higher diploma in Taxation. He articled with KPMG in Johannesburg whereafter he consulted in the firm's Financial Services department. Prior to joining Rational Expectations in 2015 he was the Managing Director of Macquarie Securities South Africa, a subsidiary of the listed Macquarie Group in Australia, from 2009. His experience, having worked for both listed and unlisted financial services companies, includes Equity Derivatives, Corporate Finance, Structured Finance and Taxation.