Pieter Erasmus
CHIEF EXECUTIVE OFFICER
BCom (Hons) RAU, CA(SA)
Pieter was appointed as a non-executive director on 12 January 2022 and as chief executive officer on 1 October 2022. He completed his articles at Coopers Theron Du Toit (now PwC) in 1990. Pieter spent his early career at Hewlett Packard and in the Remgro group before he joined PEP as financial director in 1998. He was appointed as group managing director of Pepkor Limited in 2001, a position he held for 16 years, until his resignation in 2017. Pieter also previously served as a non-executive director of the company from 1 October 2018 to 29 January 2019. He is currently a director of, inter alia, the Vista group, a multi-jurisdictional investment holding group, and serves on the board of Pepkor’s major subsidiary.
Member of the investment committee
Member of the social and ethics committee
BAcc, BCom Hons (Acc), CA(SA)
Riaan was appointed as group chief financial officer on 18 August 2017. He completed his articles with Ernst & Young in 1995, whereafter he spent six years with Shoprite as a financial manager. Riaan was the Woolworths retail operations group head of finance and administration when he joined the Pepkor group as commercial director of Shoe City in 2006. He was appointed as the commercial director of Ackermans in 2008 and financial director of Ackermans in 2009. Riaan was appointed as the group financial director of Pepkor in February 2016. He serves as a director on a number of subsidiary boards in the group.
Member of the investment committee
BCom
Wendy was appointed as an independent non-executive director on 1 January 2019 and as chair of the board on 1 December 2020. She graduated with a BCom and an Advanced Management Programme and is a recipient of four honorary doctorates. She has been a social entrepreneur for over 30 years with a focus on the economic empowerment of women. Wendy is a founder member of WIPHOLD (South Africa’s first investment company for women) and founder of WPEF, South Africa’s first venture capital company for women. She has served as a non-executive director across diverse industries since 1992 and was chair of Vodacom and Industrial Development Corporation and also served as non-executive director of Tiger Brands and Telkom, among others. Wendy currently serves as chair of Libstar Holdings Limited and as non-executive director of Compagnie Financière Richemont SA.
Chair of the nomination committee
BA (Hons), MA (Cambridge)
Paula was appointed as an independent non-executive director on 1 June 2021. She holds a BA (Hons) and MA in Natural Sciences (Neurophysiology) from Cambridge. She has considerable retail experience, covering fashion, general merchandise and grocery, having held senior executive management positions at Woolworths and Pick n Pay locally. Paula also has significant international experience through her former roles with Tesco, BP, Colgate-Palmolive and Woolworths. She has previously served on the boards of the Country Road Group and Woolworths (African subsidiary boards and risk committee) and currently serves on the boards of Sefalana Holding Company (Botswana), Sundry Markets (Nigeria) and LONA Group (South Africa). She is a managing partner at Retailigence (UK), an AI-based retail software provider, and is the retail/FMCG advisor with a number of African private equity companies.
Member of the social and ethics committee
BCompt (Hons), CA(SA)
Hester was appointed as an independent non-executive director on 1 June 2021. She is a CA(SA) and holds a BCompt (Hons). Hester has held non-executive positions in several JSE-listed companies and has significant experience as a member and chair of audit committees. She was the former chair of the South African Institute of Chartered Accountants. Hester currently also serves on the boards of Barloworld and Northam Platinum.
Chair of the audit and risk committee
CA(SA), HDip BDP, FCA (Ireland)
Ian was appointed as an independent non-executive director on 1 June 2021. He is a CA(SA) and FCA of the Republic of Ireland. Ian has held a number of leadership positions and most recently held the position of Group CEO of Sanlam, which he retired from in December 2020. He has had extensive strategic and operational management experience locally and internationally. He was appointed by the President of the Republic of South Africa as a member of the Presidential State-Owned Enterprise Council in June 2020. He currently also serves as a non-executive director on the boards of the JSE, Netcare, Shriram General Insurance Company (India) and chairs the boards of Transaction Capital, SCOR UK and The Channel Managing Agency Limited (UK).
Chair of the investment committee
Member of the human resources and remuneration committee
BAcc (Hons), CA(SA)
Zola was appointed as an independent non-executive director on 1 June 2021. She is a CA(SA) and is the co-founder and executive director of Jade Capital Partners, a company with a portfolio of investments in the real estate and industrial sectors. Zola has experience in investment banking, real estate, corporate finance and investment management, having held roles at Investec Corporate Finance, Standard Bank Investment Banking and Standard Bank Real Estate finance divisions. She currently serves on the boards of Grindrod Bank and SAPPI.
Member of the audit and risk committee
Member of the social and ethics committee
IT entrepreneur
Isaac was appointed as an independent non-executive director on 1 June 2021. He is the co-founder, a shareholder and director of the Randvest Group, a private investment firm specialising in strategic investments in technology companies. Isaac co-founded BCX in 1996, which was sold to Telkom in 2016, thereby creating one of the leading African information and communications technology (ICT) companies. Isaac has extensive insight into the technological developments and challenges facing companies. He serves as an independent non-executive director of Mustek.
Member of the human resources and remuneration committee
Member of the nomination committee
BAcc, BAcc (Hons), CA(SA), Sanlam EDP, IoDSA
Steve was appointed as an independent non-executive director on 18 August 2017. He held roles at KPMG and Rand Merchant Bank Limited before joining Genbel Investments Limited, where he served as an executive director of Gensec Bank Limited, heading the Investment Banking division from 1999 to 2004. From 2004 to 2008, Steve managed various structured equity funds for Sanlam Capital Markets. Steve has served as a non-executive director on the boards of several companies over the last 25 years. He is currently also an independent non-executive director of KAP Limited.
Chair of the human resources and remuneration committee
Member of the audit and risk committee
Member of the investment committee
BA, MBA
Nunu was appointed as an independent non-executive director on 15 November 2023. She has extensive experience in technology, marketing and advertising, having served in a number of business leadership roles. Nunu served as Facebook‘s regional director for Africa from September 2015 to September 2022. Prior to that she was the group CEO of Ogilvy Africa from January 2004 to January 2012, and executive chair of Ogilvy & Mather until August 2015. Nunu has also served as a director of Transnet, Old Mutual, Telkom, Ogilvy Global and Ivanhoe Mines.
Member of the human resources and remuneration committee
BBusSc (Act.Sc.), FIFoA, Certificate in Climate Change and Sustainability, FASSA, PGDip Global Business OXON, PGDip (MgtPrac) UCT GSB, CD(SA) IoDSA
Fagmeedah was appointed as an independent non-executive director during April 2018 and is the designated insurance director for the group. She is an actuary with over 25 years’ technical experience in the financial services sector and brings enterprise risk management skills to the boardroom. She previously served as the chief investment officer at the Eskom Pension and Provident Fund and an executive director of Prudential. Fagmeedah served on the board of Telkom SOC as a non-executive director, where she chaired the investment committee until retiring from that board in 2022. Fagmeedah champions ESG principles at the various companies where she is involved. She currently serves on the boards of, inter alia, Absa Pension Fund, Famous Brands, Africa Reinsurance SA, Capitalworks Fund III and Momentum Medical Scheme. Fagmeedah was also appointed as curator of 3sixty Life Limited during February 2023.
Chair of the social and ethics committee
Member of the audit and risk committee
Member of the investment committee
BCom, LLB
Louis was appointed as a non-executive director on 24 January 2018. He qualified as an attorney of the High Court of South Africa in 1997. Louis was appointed as a partner of Jan S de Villiers in 1998 and served as a member of the national executive committee from 2009 to 2017, following the merger with Werksmans Attorneys. Louis joined Steinhoff International Holdings N.V. (now Ibex Group) as general counsel in mid-2017 and was appointed as the commercial director on 19 December 2017, and as managing director on 20 April 2018. He became CEO with effect from 1 January 2019. Louis holds various directorships within the Ibex Group.
Member of the human resources and remuneration committee
Member of the nomination committee