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Directorate


1 Gerrit Thomas (GT) Ferreira (67)
Non-executive chairman

BCom, Hons B (B&A), MBA

Appointed: GT was a co-founder of RCI in 1977, which acquired control of RMB in 1985. When RMH was founded in 1987, he was appointed chairman, a position which he still holds. Following the formation of FirstRand, he was appointed non-executive chairman from 1998 to 2008.

Other listed directorships
Rand Merchant Insurance Holdings Limited – chairman
Remgro Limited – lead independent
2 Hermanus Lambertus (Herman) Bosman (46)
Chief executive and financial director

BCom (Law), LLB, LLM, CFA

Appointed: 2 April 2014 / Herman was with RMB for 12 years and ultimately headed up its corporate finance practice between 2000 and 2006. He returned to the group in 2014 after serving as chief executive of Deutsche Bank South Africa from 2006 to 2013.

Other listed directorships  
Discovery Limited
Rand Merchant Insurance Holdings Limited – chief executive
5 Albertina Kekana (42)
Non-executive directors

BCom (Hons), CA (SA), Advanced Management Programme – Harvard

Appointed: 6 February 2013 / Albertina Kekana is the CEO of Royal Bafokeng Holdings Proprietary Limited. She has extensive asset management, investment banking and business leadership experience. She was previously the COO of the Public Investment Corporation.

Other listed directorships
Impala Platinum Holdings Limited
Rand Merchant Insurance Holdings Limited (alternate)
5 Francois (Faffa) Knoetze (53)
Non-executive director
BCom (Hons), FIA

Appointed: 1 April 2016 / Faffa joined Remgro in 2014. He focuses on the company’s interests in the financial services and sports industries. Prior to joining Remgro, Faffa spent time at Sanlam, Alexander Forbes and Payprop Capital. His experience varies from valuator and consulting actuary to a number of pension and provident funds, overall responsibility for the full service offering to retirement fund clients to establishing a niche company as an authorised financial service provider, rendering investment advice and providing a unique short-term insurance solution as alternative for rental deposits in the residential property market.

Other listed directorships
Rand Merchant Investment Holdings Limited
5 Jan Jonathan (Jannie) Durand (48)
Alternate non-executive directors

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

Appointed: 17 September 2012 / Jannie, a Rhodes Scholar, is the chief executive of Remgro Limited and, before its delisting, he was the financial director and chief executive of Venfin Limited.

Other listed directorships
Discovery Limited
Distell Group Limited
FirstRand Limited
Mediclinic International Limited
Rand Merchant Insurance Holdings Limited
RCL Foods Limited
Grindrod Limited
Unilever South Holdings Limited
Remgro Limited
5 Jan Willem (Jan) Dreyer (64)
Independent non-executive directors
BCom, LLB, HDip Co Law, HDipTax

Appointed: 19 October 1987 / Jan was a partner in Hofmeyr, Van der Merwe and Botha from 1978 and chairman of the firm from 1993 until 1999. He joined the board of RMB in 1984 and RMH on formation. In 2000 he joined the Rembrandt group as an executive director. At the time of the split of Remgro and Venfin he became non-executive director of both companies. He was re-appointed as an executive director of Remgro in 2008.

Other listed directorships
Rand Merchant Insurance Holdings Limited
4 Johan Petrus (Johan) Burger (56)
Non-executive directors
BCom (Hons), CA(SA)

Appointed: 30 June 2014 / Johan joined RMB in 1986 and became executive director in 1995. In January 2009 he was appointed FirstRand Limited financial director, a position he relinquished in January 2014 after being appointed deputy chief executive in October 2013. Subsequent to the retirement of Sizwe Nxasana in September 2015, Johan was appointed chief executive of FirstRand.

Other listed directorships
FirstRand Limited
MMI Holdings Limited
Rand Merchant Insurance Holdings Limited
5 Khehla Cleopas (Khehla) Shubane (59)
Independent non-executive directors

BA (Hons), MBA

Appointed: 25 November 1993 / Khehla served various political organisations after incarceration on Robben Island for political activism. He is an author and has co-authored several political publications.

Other listed directorships
MMI Holdings Limited
Rand Merchant Insurance Holdings Limited
5 Lauritz Lanser (Laurie) Dippenaar (66)
Non-executive directors
MCom, CA(SA)

Appointed: 12 November 1987 / Laurie was co-founder of RCI in 1977. He became an executive director of RMB in 1985 and managing director of RMB in 1988, a position he held until 1992, when RMH acquired a controlling interest in Momentum. He served as executive chairman of Momentum from 1992 until the formation of FirstRand in 1998. He was appointed as the first chief executive of FirstRand and held this position until the end of 2005, when he assumed a non-executive role. He has been chairman of FirstRand since November 2008.

Other listed directorships
FirstRand Limited
Rand Merchant Insurance Holdings Limited
5 Mafison Murphy (Murphy) Morobe (58)
Independent non-executive directors

Diploma in Project Management, MCEF – Princeton ’91

Appointed: 1 August 2014 / Murphy has a career spanning more than 30 years, covering the worlds of student activism, trade unionism, the public sector, politics, youth development, environment and conservation.

Other listed directorships
Rand Merchant Insurance Holdings Limited
Remgro Limited
5 Obakeng Phetwe (37)
Alternate non-executive directors

BCom (Hons), CA(SA)

Obakeng is the CEO of the Royal Bafokeng Nation Development Trust, which holds all the commercial assets on behalf of the Royal Bafokeng Nation.

Other listed directorships
Impala Platinum Holdings Limited
Rand Merchant Insurance Holdings Limited
5 Patrick Maguire (Pat) Goss (67)
Independent non-executive directors

BEcon (Hons), BAccSc (Hons), CA(SA)

Appointed: 12 November 1987 / After graduating from the University of Stellenbosch as the president of the Association of Economics and Commerce Student, representing South Africa at the Hague and Basel, Pat qualified as chartered accountant with Ernst and Young. He started his career at the Industrial Development Corporation and has served as a director on various group companies for the past 35 years. He has a passion for conservation and has served as chairman of Natal Parks Board. His family interests include Umngazi River Bungalows and various other conservation related activities.

Other listed directorships
FirstRand Limited
Rand Merchant Insurance Holdings Limited (lead independent)
5 Paul Harris (65)
Non-executive directors

MCom

Appointed: 12 November 1987 / Paul was a co-founder of RCI in 1977 and he became an executive director of RMB in 1985. He spent four years in Australia, where he founded Australian Gilt Securities (later to become RMB Australia) and returned to South Africa in 1991 as deputy managing director of RMB. In 1992 he took over as chief executive. Subsequent to the formation of FirstRand, he was appointed as chief executive of FirstRand Bank Holdings in 1999, a position he held until December 2005 when he was appointed as chief executive of FirstRand. He retired from his executive position at the end of December 2009.

Other listed directorships
FirstRand Limited
Rand Merchant Insurance Holdings Limited
Remgro Limited
5 Per-Erik (Per) Lagerström (51)
Independent non-executive directors

BSc (Accounting), MSc (Economics) (London School of Economics)

Appointed: 30 June 2014 / Per is the co-founder of the Energos group, specialists in big data solutions for human capital. Previously he was a partner at McKinsey & Company, where he headed up the Financial Services Sector and the Organisation Practice.

Other listed directorships
Rand Merchant Insurance Holdings Limited
5 Peter Cooper (59)
Non-executive directors
BCom (Hons), CA(SA), HDipTax

Appointed: 11 September 2014 / Peter has extensive experience in financial services first as tax consultant and then as structured finance expert. He joined RMB’s Special Projects division in 1992 and transferred to RMH in 1997. He is the immediate past CEO of RMH as well as RMI.

Other listed directorships
FirstRand Limited – alternate
Imperial Holdings Limited
Rand Merchant Insurance Holdings Limited
5 Sonja Emilia Ncumisa (Sonja) De Bruyn-Sebotsa (43)
Independent non-executive directors

LLB (Hons) LSE, MA (McGill), SFA (UK), Executive Leadership Programme (Havard)

Appointed: 15 February 2008 / Sonja is a principal partner of Identity Partners, an investment firm which holds equity investments, carries out advisory work and facilitates finance for SMEs by the Identity Development Fund. Sonja’s areas of study included law, business and economics which served her well as vice president of Mergers and Acquisitions and Corporate Finance of the investment banking division of Deutsche Bank. She played integral part in WDB Investment Holdings participating in FirstRand BEE transactions.
Other listed directorships
Aquarius Platinum Limited – chairperson
Discovery Limited
Rand Merchant Insurance Holdings Limited