Directorate

INDEPENDENT NON-EXECUTIVE DIRECTORS
Christopher Seabrooke   Phumzile Langeni
   

CHRISTOPHER
SEABROOKE (65)

     

PHUMZILE
LANGENI (44)

   

BCom, BAcc (University of KwaZulu-Natal),
MBA (University of the Witwatersrand), FCMA (UK)

     

BCom (University of KwaZulu-Natal),
BCom (Hons) (UNISA), MCom (University of Pretoria)

    Appointed: June 2009
CHAIRMAN
      Appointed: June 2009
   

Chris is a financier and investor with extensive experience, which enhances the board’s ability to provide strategic counsel and independent oversight. He is currently chief executive officer (CEO) and controlling shareholder of Sabvest Limited, chairman of Metrofile Holdings Limited, Net1 U.E.P.S. Technologies Inc and Torre Industries Limited, deputy chairman of Massmart Holdings Limited and a director of Brait S.E., Cell C Limited and Rolfes Holdings Limited. Chris is also a director of numerous unlisted companies, including chairman of Conance Limited (UK) and General Pacific Capital Limited (Monaco), and deputy chairman of SA Bias Industries Proprietary Limited (RSA). He is a former chairman of the South African State Theatre and former deputy chairman of the inaugural National Arts Council and the founding board of Business & Arts South Africa.

     

A stockbroker by training, Phumzile is executive chairman of Afropulse Group Proprietary Limited and non-executive chairman of both the Mineworkers Investment Company Proprietary Limited and Primedia Holdings Proprietary Limited. In April 2018, Phumzile was appointed by the President of the Republic of South Africa, Cyril Ramaphosa, as one of four Special Investment Envoys tasked with raising USD100 billion over a five year period. Phumzile also serves as an independent non-executive director on a number of JSE-listed companies, including Massmart Holdings Limited, Imperial Holdings Limited and Redefine Properties Limited. Phumzile previously served as an economic advisor to the former Minister of Minerals and Energy.

 

Kuben Pillay  

KUBEN
PILLAY (58)

BA, LLB (University of the Witwatersrand),
MCJ (Howard School of Law)

Appointed: August 2016

   

Kuben was appointed as CEO of the advertising division of Primedia Limited in September 2002 and as CEO of the group in September 2009. Kuben was appointed as the executive chairman of Primedia Limited in February 2014 and relinquished his position in January 2015, after which he served in the capacity of non-executive chairman until December 2016. An attorney by profession, Kuben was a managing financial partner at attorneys Cheadle Thompson and Haysom before joining Mineworkers Investment Company Proprietary Limited in 1996 as founding executive director. He has previously served as the chairman of Mineworkers Investment Company, and is currently the non-executive chairman of Cell C Limited as well as a non-executive of the OUTsurance group of companies. Kuben has previously chaired and served on the boards of public companies.

 

Diane Radley   Buhle Hanise
   

DIANE
RADLEY (52)

     

BUHLE
HANISE (36)

   

BCom (Rhodes), BCom (Hons) (UNISA), CA(SA),
MBA (Wits Business School), AMP (Harvard Business School)

     

BCom (University of Transkei),
BCom (Hons) (University of KwaZulu-Natal), CA(SA)

    Appointed: July 2018       Appointed: January 2019
   

Diane was a partner at PricewaterhouseCoopers, where she led the Transaction Services Group that advised on local and international listings and corporate transactions. In 2001, she joined Allied Electronics Corporation Limited as their CFO and was also appointed as a non-executive director at Allied Technologies Limited (Altech), Bytes Technology Group Limited, Omnia Holdings Limited and Women Investment Portfolio Holdings Limited (Wiphold). In 2008, Diane served as Old Mutual South Africa's group finance director and in 2010 was appointed as Old Mutual Investment Group's CEO until the end of 2016. Diane is currently a non-executive director of JSE-listed Murray and Roberts Holdings Limited and Australian Securities Exchange-listed Base Resources Limited, and serves as a trustee on the DG Murray Trust, a public innovator committed to developing South Africa's potential through strategic investment.

     

After completing her articles with KPMG, Buhle held credit management positions at Standard Bank of South Africa Limited and Nedbank Limited, and is now a senior manager at the Industrial Development Corporation (IDC). She is a non-executive director of OUTsurance Holdings Limited and holds numerous other directorships on IDC-related entity boards, including the South African Forestry Company Limited and Biodx Biological Chemical Technologies Proprietary Limited. She is also deputy president of African Women Chartered Accountants. In addition to her primary qualifications, Buhle holds advanced certificates in Business Rescue Practice, Insolvency Law and Practice, and Emerging Markets and Country Risk Analysis, and completed the Development Finance Programme at the University of Stellenbosch Business School.


NON-EXECUTIVE DIRECTORS
Roberto Rossi   Paul Miller
   

ROBERTO
ROSSI (56)

     

PAUL
MILLER (54)

   

BSc (MechEng) and Graduate Diploma (IndEng)
(University of the Witwatersrand), BProc (UNISA)

     

BCom, LLB (University of Cape Town)

    Appointed: September 2003       Appointed: July 2017
   

Roberto founded Miners Credit Guarantee in 1991 to provide credit card-type facilities to mineworkers. In 1998, Nisela Growth Investments (part of African Bank) acquired a 50% shareholding in Miners Credit Guarantee. Shortly thereafter, Roberto assumed an executive role at African Bank Limited and was subsequently responsible for establishing, acquiring and operating several of the businesses owned by African Bank. After selling his remaining shares in Miners Credit Guarantee to African Bank in 2003, Roberto partnered with Jonathan Jawno and Michael Mendelowitz to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital.

     

Paul is a qualified corporate lawyer who built his career at the international law firm Berwin Leighton Paisner LLP, where he became a senior partner and led the capital markets team for a number of years. During his 25-year legal career, he built an international corporate practice and executed numerous equity capital market transactions and merger and acquisition deals, with a particular focus on the real estate, financial services and technology sectors.

Paul is the CEO of Everglen Capital Proprietary Limited (formerly JMR Holdings Proprietary Limited) and a non-executive director of Stenprop Limited, which is listed on the JSE Limited and the London Stock Exchange. He is also a consultant to Bryan Cave Leighton Paisner LLP.

EXECUTIVE DIRECTORS
               
David Hurwitz     Jonathan Jawno     Michael Mendelowitz     Mark Herskovits     Ronen Goldstein

DAVID
HURWITZ (47)

BAcc (Hons), HDipTax (University of the Witwatersrand), CA(SA)

   

JONATHAN
JAWNO (52)

BCom (Hons), Graduate Diploma Accounting (University of Cape Town), CA(SA)

   

MICHAEL
MENDELOWITZ (53)

BCom (Hons), Graduate Diploma Accounting (University of Cape Town), CA(SA)

   

MARK
HERSKOVITS (44)

BBusSci (Finance), Postgraduate Diploma in Accounting (University of Cape Town), CA(SA), CFA

   

RONEN
GOLDSTEIN (37)

BCom, BCom (Hons) (University of the Witwatersrand), CA(SA), CFA

Appointed: April 2012     Appointed: March 2003     Appointed: March 2003     Appointed: January 2014     Appointed: August 2016

CHIEF EXECUTIVE OFFICER

In 2005, David joined Transaction Capital's founding shareholders to acquire African Bank's Commercial Vehicle Finance division (now SA Taxi). Shortly thereafter Transaction Capital was formed, where David established and led the capital markets team for five years and then served as the CFO of SA Taxi for 18 months. He was appointed to Transaction Capital's main board as group chief risk officer in April 2012 and thereafter served as the group chief financial officer (CFO). In January 2014, David was appointed as the group CEO of Transaction Capital Limited. David is a chartered accountant, having served his articles at Grant Thornton, Johannesburg. He has been active in debt capital markets since 1997, holding employment at a specialist structured finance organisation and a large local bank.

   

EXECUTIVE DIRECTOR

After completing his articles at Arthur Andersen, Jonathan co-founded Stratvest in 1995. In 1997, African Bank (then Theta Financial Services Limited) acquired 50% of Stratvest, leading to the formation of Nisela Growth Investments. He held the position of joint CEO of Nisela Growth Investments until 2002. Jonathan went on to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital. Jonathan was appointed as an executive director in June 2010.

   

EXECUTIVE DIRECTOR

After completing his articles at Deloitte & Touche in 1990, Michael co-founded Stratvest in 1995. In 1997, African Bank (then Theta Financial Services Limited) acquired 50% of Stratvest, leading to the formation of Nisela Growth Investments. He held the position of joint CEO of Nisela Growth Investments until 2002. Michael went on to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital. Michael was appointed as an executive director in December 2011.

   

EXECUTIVE DIRECTOR:
CAPITAL MANAGEMENT

Mark served his articles at Deloitte & Touche in Johannesburg. After staying on as a manager until 2001, he joined Rand Merchant Bank as a corporate bond investment analyst in the special projects international division. In 2007, Mark joined Transaction Capital and was involved in various acquisitions for the group. He joined the capital markets division in 2009 and led the team from June 2010, where he remained until his appointment in January 2014 as group CFO. In August 2016, Mark was appointed to the role of capital management director, with primary responsibility for SA Taxi and the group's capital management strategy and activities.

   

FINANCIAL DIRECTOR

Ronen served his articles at PricewaterhouseCoopers in Johannesburg, and held positions at KPMG and Standard Bank. Ronen joined Transaction Capital in 2012 and has been involved in all aspects of the group executive office, including tax, company secretarial, remuneration and group finance. With effect from 1 December 2014, Ronen was appointed as the group's company secretary, overseeing the company's secretarial function and corporate governance structures. In August 2016, Ronen was appointed as financial director with responsibility for the group's finance and accounting functions.