Govenance

CORPORATE
GOVERNANCE

SAKHUMNOTHO GOVERNANCE STRUCTURE

The board of Directors are charged with the responsibility of overseeing the overall management of the company. Sakhumnotho Group is governed by the Group Corporate Governance Charter which seeks to clarify governance and authority structures across the Group and define appropriate arrangement to facilitate and enable overall Group vision and objectives of Sakhumnotho as a world class Pan African Investment Holdings Group. The Group Corporate Charter is clear in defining from a governance perspective the following:
• Role of the Parent Company.
• Relationships and interface between the Parent Company and its subsidiaries.
• Standards of conduct and procedure for directors and its executives.

Sakhumnotho Group Holdings is guided by the following core principles:

ETHICAL CULTURE

STEWARDSHIP

OVERSIGHT OF STRATEGY

OVERSIGHT OF RISK

INDEPENDENCE

OVERSIGHT OF RISK

BOARD OF
DIRECTORS

SIPHO MSELEKU SNR

Executive Chairman

LLM ( Taxation) , University of the Witwatersrand BA(Hons) LLB, University of the Witwatersrand Higher Diploma, Company Law,University of the Witwatersrand Director, Sulzer Pumps Director, Total SA Director, Ecobank Director, Oakhurst Insurance Attorney of the High Court of South Africa

BUZWE YAFELE

Independent Non-Executive Director

CPMM, University of the Witwatersrand business school B.Eng( Hons), Fuel and Energy, Leeds University(United Kingdom) Former Director, Eskom Former Director, Aveng Group

MOLLY DHLAMINI

Independent Non-Executive Director

BA (Hons), Industrial Sociology, Rand Afrikaans University BA ,Sociology and Psychology, University of Durban

SIPHO MSELEKU JNR

Non-Executive Director

Currently completing a Bcom degree at the University of the Witwatersrand, Johannesburg. He also assists part-time with investments and corporate finance transactions.

ABNER MSELEKU

Non-Executive Director

Representative for Amaduma Investments interests on the Board of Directors of Sakhumnotho Group Holdings. Amaduma holds 8.5% stake in the Group. Formerly worked with SAB Miller and is currently with Butteworth Lexis Nexis, a publication company for lawyers.