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Directorate and Members of Committees DIRECTORATE AND MEMBERS OF COMMITTEES NON-EXECUTIVE DIRECTORS J P RUPERT (68) E DE LA H HERTZOG (68) J MALHERBE (62) APPOINTED: 18 August 2000 APPOINTED: 18 August 2000 APPOINTED: 11 October 2006 CHAIRMAN DEPUTY CHAIRMAN DEPUTY CHAIRMAN Directorships: Mr Rupert is the Chairman Directorships: Non-executive Directorships: Compagnie Financière of Compagnie Financière Richemont SA Chairman of Mediclinic International Richemont SA, Pension Insurance and the Chairman of Reinet Investments plc. He obtained a Master of Medicine Corporation Group Limited and Manager SA, the management company degree, a Fellowship of the Faculty of Reinet Investments Manager SA. He of Reinet Investments S.C.A. He Anaesthesiologists and a PhD (honoris qualified as a Chartered Accountant studied economics and company law at causa). He is a past Chairman of the and worked with a predecessor firm of Stellenbosch University and has had an Council of Stellenbosch University and PricewaterhouseCoopers before joining extensive career in international business, has served as non-executive Deputy Rand Merchant Bank Limited in 1985. banking and finance. After working Chairman of Remgro since June 2005. He joined the Rembrandt Group in for Chase Manhattan Bank and Lazard 1990 and was appointed as non- Frères in New York he founded Rand executive Co-Deputy Chairman of Merchant Bank Limited in 1979. In 1985 he Remgro in November 2014. joined the Rembrandt Group. He holds honorary doctorates in Law, Economics and Commerce, is the Chancellor of Stellenbosch University and Chairman of the Peace Parks Foundation. EXECUTIVE DIRECTORS J J DURAND (51) M LUBBE (48) N J WILLIAMS (53) CHIEF EXECUTIVE OFFICER COMPLIANCE AND CORPORATE CHIEF FINANCIAL OFFICER BAcc (Hons), MPhil (Oxon), CA(SA) SOCIAL INVESTMENTS BComm (Hons), CA(SA) Years of service with the Group: 22 BA Years of service with the Group: 24 Directorships: Distell Group Holdings Years of service with the Group: 24 Directorships: Business Partners Limited, FirstRand Limited, Mediclinic Directorships: Mrs Lubbe was appointed Limited, eMedia Investments Proprietary International plc, RCL Foods Limited, as executive director of Remgro in Limited and Total South Africa RMB Holdings Limited and RMI Holdings September 2016 and is responsible Proprietary Limited. Limited. for Compliance and Corporate Social Investments of the Company. She acts as Board member of Remgro Limited’s subsidiaries as well as the board of Historical Homes of SA Limited. 14 www.remgro.com OVERVIEW OF BUSINESS DIRECTORATE AND MEMBERS OF COMMITTEES INDEPENDENT NON-EXECUTIVE DIRECTORS S E N DE BRUYN (46) G T FERREIRA (70) P K HARRIS (68) N P MAGEZA (63) APPOINTED: 16 March 2015 APPOINTED: 4 November 2009 APPOINTED: 28 November 2001 APPOINTED: 4 November 2009 Directorships: Co-founder of Identity LEAD INDEPENDENT DIRECTOR Directorships: Non-executive Director Directorships: Previously the Chief Capital Partners Proprietary Limited in of RMB Holdings Limited and RMI Operations Officer of the Absa Group. Directorships: He has been involved 2008. She has 16 years’ experience as a Holdings Limited. He graduated from He is a Chartered Certified Accountant in the financial services sector since director of companies having served on Stellenbosch University with an MComm and a Fellow of The Association of graduating with commerce degrees the boards of FirstRand Limited, Anglo in Economics and Finance. He co- Chartered Certified Accountants (ACCA) from Stellenbosch University. Previous American Platinum Limited, Mr Price founded Rand Consolidated Investments, UK, as well as a director of a number of chairmanships include AIG (SA) Group Limited and Dimension Data which merged with Rand Merchant Bank companies including Anglo American Proprietary Limited, FirstRand Limited, (South Africa) Proprietary Limited. Limited in 1985. He was a founding board Platinum Limited, MTN Group Limited, FirstRand Bank Limited, Rand Merchant She is currently a non-executive Director member of FirstRand after the merger of RCL Foods Limited and Sappi Limited. Bank Limited, RMB Holdings Limited, of RMB Holdings Limited, RMI Holdings the financial services interests of Anglo He has gained extensive experience the Merchant Bankers Association Limited and Discovery Limited. American Corporation of South Africa and through holding various executive of South Africa and RMI Holdings Ms De Bruyn is also Chairman of the RMB Holdings Limited and CEO until his positions in the audit, financial services Limited. Previous directorships include Ethos Mid Market Fund. She was retirement in 2009. Mr Harris is a member and the transport and logistics sectors. Anglo American Corporation Limited, previously a Trustee of the National of the Remuneration and Nomination He is a member of the Audit and Risk FirstRand Limited, First National Bank Empowerment Fund and a member Committee and the Investment Committee and the Social and Ethics Limited, GlenRand MIB Limited, the of the Presidential Working Group Committee. Committee. Industrial Development Corporation, on BEE. Sonja has contributed to the Lenco Limited, Malbak Limited and debate on women’s empowerment, BEE, Momentum Life Limited. He is a member transformation, privatisations and the of the Investment Committee and economy through publications, articles the Remuneration and Nomination and interviews. She is the Chairman of Committee. the Audit and Risk Committee and a member of the Social and Ethics Committee. MEMBERS OF COMMITTEES AUDIT AND RISK COMMITTEE S E N De Bruyn (Chairman) N P Mageza P J Moleketi F Robertson INVESTMENT COMMITTEE J P Rupert (Chairman) J J Durand G T Ferreira P K Harris P J MOLEKETI (61) M MOROBE (61) F ROBERTSON (63) J Malherbe N J Williams APPOINTED: 4 November 2009 APPOINTED: 18 June 2007 APPOINTED: 28 March 2001 Directorships: A former Deputy Minister Directorships: In 2013, after finishing Directorships: Executive Chairman MANAGEMENT BOARD of Finance of the Republic of South a seven-year stint as CEO of Kagiso of Brimstone Investment Corporation J J Durand (Chairman) Africa and Gauteng Province MEC of Media Limited, Mr Morobe assumed the Limited. Mr Robertson and his business P R Louw Finance and Economic Affairs as well role of Chairman and National Director partner formed Brimstone Investments as a director of several companies of the Programme to Improve Learner Corporation Limited, which is now listed M Lubbe listed on the JSE Limited. He is non- Outcomes (PILO). PILO is currently a lead on the JSE Limited. He is also Chairman R S M Ndlovu executive Chairman of Brait South service provider to the National Education of Sea Harvest Group Limited, Lion P J Uys Africa, the Development Bank of South Collaboration Trust. A committed social of Africa Insurance Company Limited, N J Williams Africa, Vodacom Group Limited and and development activist, Mr Morobe has Lion of Africa Life Assurance Company PPC Limited. He holds postgraduate since his release from Robben Island in Limited and House of Monatic. He serves REMUNERATION AND economics and management 1982, continued to involve himself – apart as non-executive Director on the boards NOMINATION COMMITTEE qualifications from the University of from previous roles in the public service, of Aon Re Africa Proprietary Limited, J P Rupert (Chairman) London and Harvard Business School Chairman and CEO of the Financial and Swiss Re Life, Health Africa Limited and G T Ferreira and has extensive international exposure, Fiscal Commission (1994 – 2004) and ASX listed Mareterram Limited. P K Harris extensive strategic leadership skills private sector – with various social causes, He also serves as Chairman of the Board F Robertson and in-depth corporate governance mainly relating to youth development, of Trustees of the University of the experience in both the public and private environment and conservation. He served Western Cape Foundation. Mr Robertson SOCIAL AND ETHICS COMMITTEE sectors. He is a member of the Audit and until 2015 on the boards of the Steve Biko is the recipient of an Honorary Doctorate Risk Committee. Foundation, City Year South Africa and in Philosophy from the University of M Morobe (Chairman) Food and Trees for Africa. He currently the Western Cape. He is a member S E N De Bruyn still serves as a non-executive Director of the Audit and Risk Committee P R Louw on the board of WWF-SA and the and the Remuneration and N P Mageza DG Murray Trust. Mr Morobe was in 2014 Nomination Committee. P J Uys also appointed to the Board of Directors of RMB Holdings Limited. He is Chairman of the Social and Ethics Committee. Remgro Limited 15 Integrated Annual Report 2018.
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