Kay Krafft is co-chairman of Afya's board of directors, a position he has held since May 2022, after having served as a director since August 2021. He is the founding CEO of the Bertelsmann Education Group, Afya's controlling shareholder group. Until 2014 he was an Executive Board member of the music-rights management company BMG. Before BMG he served as EVP and global head of M&A at Bertelsmann, where he implemented major portfolio adjustments, and prior to joining Bertelsmann he was a partner at the professional-services firm Deloitte.