Board of directors

 

Independent non-executive directors
Kubandiran Pillay

BA, LLB, MCJ (USA)

Appointed: 19 February 2014 (OHL), 8 November 2022 (OGL)

Appointed: Lead independent director: 1 July 2020 (OHL), 1 December 2022 (OGL)

Kuben is currently retired but serves as the Chairperson, Lead and Non-Executive Independent Director on several public company boards. Prior to retiring as Chairperson of Cell C Limited in 2019, 

Kuben was the CEO of the Primedia Group from 2009 to 2014 and its Chairperson from 2014 to 2017. His corporate career commenced as the founding Executive director of Mineworkers Investment Company (MIC) in 1996, and later its Chairperson.

Buhle Hanise

BCom CA (SA)

Appointed: 29 June 2018 (OHL), 8 November 2022 (OGL)

Buhle is currently the Chief Operations Officer of Business Restructuring Services at BDO South Africa and the President of the African Women Chartered Accountants (AWCA). She was previously Chief Financial Officer of an automotive company BAIC South Africa Before joining BAIC she was a senior business rescue specialist at the IDC having previously held credit management positions at Standard Bank and Nedbank.

George Louis Marx

BSc (Econ) Cum Laude; FASSA; Chartered Enterprise Risk Actuary (CERA)

Appointed: 20 August 2008 (OHL), 8 November 2022 (OGL)

George has been practicing as an actuary since 1981 in both corporate insurance business and consulting in risk management across various disciplines. He was professor and head of actuarial science at University of Pretoria 1988 to 2001.

Tlaleng Moabi

MSc Engineering (Transport), BSc Engineering (Electrical), B Engineering (Management of Technology)

Appointed: 29 June 2018 (OHL), 8 November 2022 (OGL)

Tlaleng is a seasoned entrepreneur and has served on a number of boards and independent advisory roles. Her career spans more than twenty years having started as an engineer. She has been involved in some milestone projects in South Africa including Gautrain and the Renewable Energy IPP Procurement Programme in various capacities. 

Raymond Ndlovu

B.Business Studies (Hon)

Appointed: 28 August 2018 (OHL), 8 November 2022 (OGL)

Raymond is the former Group Chief Executive Officer at Community Investment Ventures Holdings (CIVH). Prior to that, he was an investment executive and Management Board member at Remgro Limited.

Sharron Venessa Naidoo

B Acc, Dip (Acc), CA(SA)

Appointed: 1 November 2021 (OHL), 8 November 2022 (OGL)

Venessa is an entrepreneur and a seasoned financial executive. She currently serves on various corporate boards in financial services  and consumer packaged goods as independent director. She has served as Chief Financial Officer for various companies in the telecommunications and media and entertainment sectors. Her experience  covers strategy, finance and operations in key African markets.

Hantie van Heerden

BCom (Hon) Actuarial Science FIA, FASSA

Appointed: 3 May 2022 (OHL), 8 November 2022 (OGL)

Hantie is currently a senior Actuary at SNG ARGEN. Prior to this she worked as an Actuary for Momentum and the Financial Services Board. From 2013 she served as the Head Actuary for AIG South Africa and from 2015 to 2021 as the Head of Corporate Actuarial for Old Mutual Insure.

Mamongae Mahlare

BSc (Chemical Engineering), MBA(Harvard)

Appointed: 31 March 2018 (OGL), 1 November 2022 (OHL)

Mamongae is the chief executive officer of Takealot Group. She was previously managing director of Illovo Sugar SA and has held previous executive positions at Coca-Cola Beverages South Africa, SABMiller and was an associate consultant at Bain & Company.

Murphy Morobe

Diploma in Project Management. MCEF (Princeton)

Appointed: 1 August 2014 (OGL), 1 November 2022 (OHL)

Resigned as Lead Independent Director: 1 December 2022 (OGL)

After finishing a seven-year stint as CEO of Kagiso Media Limited, Murphy assumed the role of chairperson and national director of the Programme to Improve Learning Outcomes (PILO) in 2013. As a committed social and development activist, Murphy has, since his release from Robben Island in 1982, continued to involve himself with various social causes, mainly relating to youth development through City Year South Africa. His roles in the public service included being CEO & Chairperson of the Financial and Fiscal Commission (1994 – 2004) and Non-Executive Director of various private sector companies.

James Teeger

BCom BAcc CA(SA), HDip Tax

Appointed: 31 March 2018 (OGL), 1 November 2022 (OHL)

James leads the investment activities of the Oppenheimer family. He was previously a director of De Beers and spent 12 years at RMB where he held the position of co-head of structured finance.

Non-executive directors

 

Herman Lambertus Bosman

BCom (Law), LLB, LLM, CFA

Appointed: 2 April 2014 (OGL), 5 November 2015(OHL)

Appointed as Chairman: 1 July 2020 (OHL), 1 December 2022 (OGL)

Herman was with RMB for 12 years and ultimately headed up its corporate ļ¬nance practice between 2000 and 2006. He returned to the group in 2014 as CEO of RMB Holdings and RMI Holdings after serving as Chief Executive Officer of Deutsche Bank South Africa from 2006 to 2013.

*Mr Bosman is a non-independent, non-executive director and his appointment as the chairperson has been approved by the Prudential Authority.
Willem Roos

BCom (Hon) (Actuarial Science); FASSA

Served as executive director:
30 April 2001 to 1 January 2018

Appointed: 1 January 2018 (OHL), 8 November 2022 (OGL)

Willem is one of the founders of OUTsurance which launched in 1998. After two decades of leading OUTsurance, Willem joined the mobile operator rain as the Chief Executive Officer and retired in 2021. He remains a non-executive director of both OUTsurance and rain.

Jan Durand

BAcc (Hons), CA(SA), MPhil (Oxford)

Appointed: 8 December 2010 (OGL), 1 November 2022 (OHL)

Resigned as Chairperson: 1 December 2022 (OGL) 

Jannie joined the Rembrandt Group in 1996, became FD of VenFin Limited in 2000 and CEO in May 2006. Jannie was appointed Chief Investment Officer of Remgro in November 2009 and CEO from 7 May 2012.

 

Albertinah Kekana

BCom (Hons), CA(SA), PGDA AMP (Havard)

Appointed: 1 September 2017 (OGL), 1 November 2022 (OHL)

Albertinah is the CEO of Royal Bafokeng Holdings. She has extensive asset management, investment banking and business leadership experience. She was previously the COO of the Public Investment Corporation.

Alternate non-executive directors
Udo Lucht

BCom (Hons), CA(SA), CFA

Appointed: 3 September 2019 (OGL), 1 November 2022 (OHL)

Udo joined Royal Bafokeng Holdings (RBH) in 2016 and currently heads the investment department as Chief Investment Officer. In this role, he is responsible for the implementation of RBH’s investment strategy. He serves as RBH nominated director on various existing RBH investee companies. Prior to joining RBH, he gained investment banking experience during his 13 years at Rand Merchant Bank.

Faffa Knoetze

BCom (Hons), FIA

Appointed: 1 April 2016 (OGL), 1 November 2022 (OHL)

After starting his actuarial career at Sanlam in the pensions division and later as a marketing actuary in the life business, Faffa spent most of his working career at Alexander Forbes, where he was the valuator and consulting actuary to several pension and provident funds. He joined Remgro in December 2013 and focuses on the company’s interests in the financial services (insurance and banking) and sport industries.

Executive director

 

Marthinus Visser

BBCom (Hon) (Actuarial Science), FASSA, FIA 

Appointed: 1 January 2018 (OHL), 8 November 2022 (OGL)

Marthinus is currently the OUTsurance Group Chief Executive Officer. His career started at OUTsurance in 1998 as a senior actuary and being appointed as Chief Actuary in 2001 and Group Chief Actuary in 2008. In January 2018 he was appointed Group CEO.

Jan Hofmeyr

BCom (Acc), Post-Grad Diploma Accounting, CA (SA)

Appointed: 1 November 2022 (OHL), 8 November 2022 (OGL)

Jan is currently the OUTsurance Group Chief Financial Officer. He started his career at OUTsurance in 2007 and was appointed as the Group Chief Financial Officer in 2008.