Board of Directors

Non-executive Directors

Please click on their face for further information

DR ANNA MOKGOKONG (63)

Chairman

Qualifications: BSC, MBCHB, DCom (HC)
Appointed: 10 June 2010
Expertise: Business development, governance, health, investor relations, leadership and strategy
Committee:

  • Nomination Committee

JOE MADUNGANDABA (62)

Deputy Chairman

Qualifications: CPA(SA), MDP
Appointed: 10 June 2010
Expertise: Business development, finance, human resources, investor relations and strategy
Committees:

  • Remuneration Committee
  • Nomination Committee
  • Investment Committee

GARY ALLEN (56)

Qualification: BCom (Hons), BBus (Hons)
Appointed: 12 September 2019
Expertise: Business development and finance

DR NKATEKO MUNISI (54)

Qualification: MBCHB
Appointed: 7 December 2015
Expertise: Business development, and health and safety management
Committees:

  • Investment Committee
  • Social and Ethics Committee

JURIE STRYDOM (45)

Qualifications: BBusSci, Fellow of the Institute of Actuaries, CFA Charterholder, MBA (MIT)
Appointed: 1 August 2020
Expertise: Finance and insurance business development

Detailed biographies of our Board can be found on www.afrocentric.za.com/au-board.php

Independent Non-executive Directors

MMABOSHADI CHAUKE (41)

Qualifications: CA(SA)
Appointed: 1 June 2020
Expertise: Accounting, risk management, governance, finance and auditing
Committee:

  • Audit and Risk Committee

BRUNO FERNANDES (52)

Lead Independent Director

Qualifications: BCom, BAcc, BCom (Hons) (InvM), CA(SA)
Appointed: 23 November 2018
Expertise: Accounting, advisoryrelated services, finance, risk management, and mergers and acquisitions
Committees:

  • Investment Committee
  • Audit and Risk Committee

ALICE LE ROUX (46)

Qualifications: CA(SA)
Appointed: 1 June 2020
Expertise: Accounting, risk management, governance, finance and auditing
Committees:

  • Audit and Risk Committee

PROFESSOR SHIRLEY ZINN (58)

Qualifications: BBA, HDE, BEd (Hons), MEd, EdM, DEd
Appointed: 23 November 2018
Expertise: Human resources, business leadership and strategy
Committees:

  • Remuneration Committee
  • Social and Ethics Committee
Executive Directors

AHMED BANDERKER (44)

Group CEO
Qualification: CA(SA)
Appointed: 15 December 2015
Expertise: Strategy, mergers and acquisitions, and leadership
Committees:

  • Ex-officio on all committees

HANNES BOONZAAIER (46)

Group CFO
Qualification: CA(SA)
Appointed: 1 August 2015
Expertise: Finance and investment banking

WILLEM BRITZ (56)

Qualifications: BCom, BProc
Appointed: 1 August 2015
Expertise: Business development, governance and compliance, legal and project management

SELLO MMAKAU (45)

Group Chief Information Officer (CIO)
Qualifications: BCom, MBL, BA
Appointed: 30 November 2016
Expertise: ICT governance and compliance including strategy and security
Committee:

  • Information and Communication Technology (ICT) Committee
Combined key skills of the Board
  • Accounting
  • Auditing
  • Advisory-related services
  • Business development
  • Community relations
  • Finance
  • Governance
  • Health
  • Health and safety management
  • Human resources
  • Investor relations
  • Investment banking
  • IT governance and compliance
  • IT security
  • IT strategy
  • Leadership
  • Legal, governance and compliance
  • Project management
  • Risk management
  • Strategy

BOARD DIVERSITY

To ensure AfroCentric’s Board reflects South Africa’s demographics and practices good governance, we employ qualified directors from diverse backgrounds. The diversity criteria include gender, age, ethnicity and geographic background, and meeting the Board’s requirements for skills and qualifications. AfroCentric recognises a diverse board makes better decisions by reducing ‘groupthink’, paying attention to managing and controlling risks, and understanding the Group’s clients. There is an approved gender policy which outlines the Board’s position on gender diversity in line with King IV requirements.

Our gender diversity policy can be viewed on https://www.afrocentric-online.co.za/reports/afrocentric-ar2020/pdf/gender-diversity-policy.pdf

  BOARD GENDER DIVERSITY (%)     BOARD RACIAL DIVERSITY (%)
     

EXECUTIVE COMMITTEE DIVERSITY

In support and maintenance of our current B-BBEE level scoring, our Executive Committee diversity is as follows:

  EXECUTIVE COMMITTEE GENDER DIVERSITY (%)     EXECUTIVE COMMITTEE RACIAL DIVERSITY (%)