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South Africa

Herbert Schultz

Herbert Schultz was born and raised in Cape Town, and started his banking career in 1958 with Standard Bank of SA. In 1971 he took charge of the Natal region’s international banking business. In 1980 he joined Trust Bank’s London office, where he opened a full foreign branch in 1983.Herbert Schultz joined the Global Asset… read more »

Koos van Ettinger

Koos started his career at Standard Bank of SA Ltd in 1966. His experience there spanned all aspects of banking, with special emphasis on the treasury division, where he specialised in foreign exchange and associated products. In 1979 he was appointed head of SBSA’s International Division, responsible for foreign exchange worldwide.In 1992 he left the… read more »

Niels Penzhorn, CFA

Niels has been involved in structured finance, asset management and investment banking since 2000. After six years with Deutsche Asset Management in Luxemburg and Frankfurt, he joined Deutsche Bank in South Africa as Director for Equity Derivatives. Following a brief period at Rand Merchant Bank within the Exchange Traded Products group, Niels joined Global Asset… read more »

Patrice Merrin

Patrice Merrin was appointed as an Independent Non-Executive Director in June 2014. Experience Following initial roles with Molson and Canadian Pacific, Ms Merrin worked at Sherritt, the Canadian diversified miner, for ten years until 2004, latterly as COO. She then became CEO of Luscar, Canada’s largest thermal coal producer. She is currently a non-executive director of Kew Media Group Inc. (TSE:KEW) and Samuel,… read more »

Gill Marcus

Gill Marcus was appointed as an Independent Non-Executive Director of the Company on 7 December 2017 with effect from 1 January 2018. Experience Ms Marcus worked in exile for the African National Congress from 1970 until 1994 in a variety of roles including that of Deputy Secretary of Information and Publicity. Returning to South Africa in 1990,… read more »

Cherie Felicity Hendricks

Ms Hendricks is the corporate affairs and sustainability director responsible for corporate affairs, which include sustainability, regulatory compliance, corporate social investment and group communication. She has more than 17 years’ experience in the AEEI Group and currently sits on the boards of the Group’s major investments and links the Group’s subsidiaries with the Group’s corporate… read more »

John Mack

John Mack was appointed as an Independent Non-Executive Director in June 2013. Experience Mr Mack previously served as chief executive officer of Morgan Stanley from June 2005 until December 2009. He retired as chairman in 2011. Mr Mack first joined Morgan Stanley in May 1972, becoming a board director in 1987 and was named President in 1993. Before rejoining Morgan Stanley as… read more »

Martin Gilbert

Martin Gilbert was appointed as an Independent Non-Executive Director of the Company on 5 May 2017. Experience Martin Gilbert is Co-Chief Executive of Standard Life Aberdeen plc. Mr Gilbert was a co-founder and the Chief Executive of Aberdeen Asset Management, which was established in 1983. Under his leadership, Aberdeen became one of the world’s leading… read more »

Chantelle Ah Sing

Chantelle Ah Sing is the Group chief financial officer of African Equity Empowerment Investments Limited and joined the AEEI Group in 2007. Chantelle Ah Sing held various financial directorship positions in the health and biotherapeutics subsidiaries before being appointed as the Group financial officer and an executive director in November 2009.

Leonhard Fischer

Leonhard Fischer was appointed an Independent Non-Executive Director in April 2011. Experience Mr Fischer was chief executive officer of BHF Kleinwort Benson Group S.A. (formerly RHJ International S.A.) from January 2009 until April 2016, having been co-chief executive officer since May 2007. Mr Fischer was chief executive officer of Winterthur Group from 2003 to 2006… read more »

Peter Coates AO

Peter Coates has been a Non-Executive Director since January 2014. Prior to this he served as an Executive Director from June to December 2013 and a Non-Executive Director from April 2011 to May 2013. Experience Prior to joining Glencore in 1994 as a senior executive in the coal department, Mr Coates had occupied many senior positions in a diverse range of resource… read more »

Khalid Abdulla

Mr Abdulla is the Group chief executive officer of African Equity Empowerment Investments Limited and has been with the AEEI Group since 1999. He served as the CEO of various subsidiaries, i.e. the information technology and financial services businesses and as Group CFO in 2007 before being appointed as Group CEO in November 2009. Mr Abdulla has… read more »

Ivan Glasenberg

Ivan Glasenberg joined Glencore in April 1984 and has been Chief Executive Officer since January 2002. Experience Mr Glasenberg initially spent three years working in the coal commodity department in South Africa as a marketer, before spending two years in Australia as head of the Asian coal commodity division. Between 1988 and 1989, he was based in Hong Kong as head of Glencore’s… read more »

Anthony Hayward

Anthony Hayward has been Independent Non-Executive Chairman from May 2013. Prior to being appointed Chairman he was the Senior Independent Non-Executive Director. Experience Dr Hayward is a partner and member of the European advisory Board of AEA Capital and chairman of Compact GTL Limited. Dr Hayward was group chief executive of BP plc from 2007 to 2010, having joined BP in… read more »

Prof. Vukile Charles Mehana

Prof. Vukile Charles Mehana is the chairman of the LR Management Group (Pty) Ltd and also sits on the boards of various companies as well as being an active leader in non-profit organisations. Major directorships: LR Management Group (Pty) Ltd (chairman), J & C Engineering (Pty) Ltd (non-executive chairman), Mazwe Financial Services (non-executive chairman), Makana Investment Corporation (Pty) Ltd… read more »

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