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Directorate and Members of Committees

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Directorate and Members of Committees OVERVIEW OF BUSINESS DIRECTORATE AND MEMBERS OF COMMITTEES NON-EXECUTIVE DIRECTORS J P RUPERT (66) E DE LA H HERTZOG (66) J MALHERBE (60) 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 of Compagnie Financière Richemont SA Chairman of Mediclinic International Financière Richemont SA and Reinet and the Chairman of Reinet Investments plc. He obtained a Master of Medicine Investments Manager SA. He qualified Manager SA, the management company degree, a Fellowship of the Faculty of as a Chartered Accountant and of Reinet Investments S.C.A. He studied Anaesthesiologists and a PhD worked with a predecessor firm of economics and company law at the (honoris causa). He is a past Chairman PricewaterhouseCoopers before joining Stellenbosch University and has had an of the Council of Stellenbosch University Rand Merchant Bank Limited in 1985. extensive career in international business, and has served as non-executive He joined the Rembrandt Group banking and finance. After working for Deputy Chairman of Remgro since in 1990 and was appointed as Chase Manhattan Bank and Lazard June 2005. non-executive Co-Deputy Chairman Frères in New York he founded Rand of Remgro in November 2014. Merchant Bank Limited in 1979. In 1985 he joined the Rembrandt Group. He holds honorary doctorates in Law, Economics and Commerce, is the Chancellor of the Stellenbosch University and Chairman of the Peace Parks Foundation. INDEPENDENT NON-EXECUTIVE DIRECTORS S E N DE BRUYN SEBOTSA (44) G T FERREIRA (68) P K HARRIS (66) N P MAGEZA (61) 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 FirstRand Limited, FirstRand Bank Operations Officer of the Absa Group. Directorships: Currently the Chairman 2008. She has 13 years’ experience as a of RMB Holdings Limited and RMI Limited and RMB Holdings Limited. He is a Chartered Certified Accountant director of companies having served on Holdings Limited. He has been involved Mr Harris is a member of the and a Fellow of The Association of the boards of FirstRand Limited, Anglo in the financial services sector since Remuneration and Nomination Chartered Certified Accountants (ACCA) American Platinum Limited, Mr Price graduating with commerce degrees Committee and the Investment UK, as well as a director of a number of Group Limited and Dimension Data from the Stellenbosch University. Committee. He graduated from companies including Anglo American (South Africa) Proprietary Limited. Previous chairmanships include AIG (SA) Stellenbosch University with an Platinum Limited, Eqstra Holdings She is currently a non-executive Director Proprietary Limited, FirstRand Limited, MComm in Economics and Finance. Limited, MTN Group Limited, RCL Foods of RMB Holdings Limited, RMI Holdings FirstRand Bank Limited, Rand Merchant He co-founded Rand Consolidated Limited and Sappi Limited. He has Limited and Discovery Limited. She was Bank Limited and the Merchant Bankers investments, which merged with Rand gained extensive experience through previously a Trustee of the National Association of South Africa. Previous Merchant Bank Limited in 1985. He was holding various executive positions in the Empowerment Fund and a member directorships include Anglo American a founding board member of FirstRand audit, financial services and the transport of the Presidential Working Group Corporation Limited, FirstRand Limited, after the merger of the financial services and logistics sectors. He is a member of on BEE. Sonja has contributed to the First National Bank Limited, GlenRand interests of Anglo American Corporation the Audit and Risk Committee. debate on women’s empowerment, BEE, MIB Limited, the Industrial Development of South Africa and RMB Holdings transformation, privatisations and the Corporation, Lenco Limited, Malbak Limited and CEO until his retirement economy through publications, articles Limited and Momentum Life Limited. in 2009. and interviews. He is a member of the Investment Committee and the Remuneration and Nomination Committee. 14 WWW.REMGRO.COM DIRECTORATE AND MEMBERS OF COMMITTEES / OVERVIEW OF BUSINESS EXECUTIVE DIRECTORS MEMBERS OF COMMITTEES AUDIT AND RISK COMMITTEE H Wessels (Chairman); S E N De Bruyn Sebotsa; N P Mageza; P J Moleketi; F Robertson INVESTMENT COMMITTEE J P Rupert (Chairman); J J DURAND (49) W E BÜHRMANN (61) N J WILLIAMS (51) J J Durand; G T Ferreira; CHIEF EXECUTIVE OFFICER INVESTMENTS CHIEF FINANCIAL OFFICER P K Harris; J Malherbe; BAcc (Hons), MPhil (Oxon), CA(SA) BComm, CTA, CA(SA) BComm (Hons), CA(SA) N J Williams Years of service with the Group: 20 Years of service with the Group: 29 Years of service with the Group: 22 MANAGEMENT BOARD Directorships: Distell Group Limited, Directorships: Chairman of Invenfin Directorships: Business Partners FirstRand Limited, Grindrod Limited, Proprietary Limited as well as a director Limited, eMedia Investments Proprietary J J Durand (Chairman); Mediclinic International plc, RCL Foods of Pembani Remgro Infrastructure Limited, Total South Africa Proprietary W E Bührmann; P R Louw; Limited and RMI Holdings Limited. Managers Proprietary Limited and Limited and Western Province Rugby P J Uys; N J Williams Unilever South Africa Holdings Proprietary Limited. REMUNERATION AND Proprietary Limited. NOMINATION COMMITTEE J P Rupert (Chairman); G T Ferreira; P K Harris; F Robertson SOCIAL AND ETHICS COMMITTEE H Wessels (Chairman); P R Louw; P J Uys P J MOLEKETI (59) M MOROBE (59) F ROBERTSON (61) H WESSELS (71) APPOINTED: 4 November 2009 APPOINTED: 18 June 2007 APPOINTED: 28 March 2001 APPOINTED: 22 August 2008 Directorships: A former Deputy Minister Directorships: In 2013, after finishing Directorships: Executive Chairman Directorships: Mr Wessels is a director of Finance of the Republic of South Africa a seven-year stint as CEO of Kagiso of Brimstone Investment Corporation of Keeromstraat 30 Investments Limited, and Gauteng Province MEC of Finance Media Limited, Mr Morobe assumed the Limited. Mr Robertson and his business Naspers Investments Limited, Trencor and Economic Affairs as well as a director role of Chairman and National Director partner formed Brimstone Investments Limited, Peace Parks Foundation, of a number of companies including of the Programme to Improve Learner Corporation Limited, which is now listed Swiss Re Life and Health Africa Limited Brait South Africa, Development Bank Outcomes (PILO). PILO is currently a lead on the JSE. He is also Chairman of and WWF-SA. A former partner at of South Africa, Harith Fund Managers, service provider to the National Education Commlife Holdings Proprietary Limited, PricewaterhouseCoopers and former MMI Holdings Limited and Vodacom Collaboration Trust. A committed social Lion of Africa Insurance Company Chairman of the Governing Board of the Group Limited. He holds postgraduate and development activist, Mr Morobe has Limited, Lion of Africa Life Assurance South African practice, Mr Wessels uses economics and management since his release from Robben Island in Company Limited, House of Monatic his extensive experience and knowledge qualifications from the University of 1982, continued to involve himself – apart and Sea Harvest Corporation Proprietary as a consultant in financial business London and Harvard Business School from previous roles in the public service, Limited. He serves as non-executive matters. He holds a BComm (US), CTA and has extensive international exposure, Chairman of the Financial and Fiscal director on the boards of Aon Re Africa (Unisa) and CA(SA). He is Chairman of the extensive strategic leadership skills Commission (1994-2004) and private Proprietary Limited, Old Mutual Emerging Audit and Risk Committee and attends and in-depth corporate governance sector – with various social causes, Markets Limited, Novus Holdings Limited various other committee meetings as experience in both the public and private mainly relating to youth development, and Swiss Re Life and Health Africa an invitee. sectors. He is a member of the Audit environment and conservation. He also Limited. He also serves as Chairman of and Risk Committee. serves on the boards of directors of the Board of Trustees of the University of WWF-SA, and until 2015 on the boards the Western Cape Foundation. He is a of the Steve Biko Foundation, City Year member of the Audit and Risk Committee South Africa and as Chairman of Food and the Remuneration and Nomination and Trees for Africa. Mr Morobe was Committee. Fred is the recipient of an in 2014 also appointed to the Board of Honorary Doctorate in Philosophy from Directors of RMB Holdings Limited. the University of the Western Cape. 15 REMGRO LIMITED | INTEGRATED ANNUAL REPORT 2016.
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