The Bidvest Group

Non-Executive Directors

Lorato Phalatse

Lorato Phalatse

Independent non-executive chairman

Age: 56

Qualifications: BA Political Science (Hons), University of Leeds UK, MA Southern African Studies, University of York UK

Appointed: Appointed as director on 20 April 2012 and as chairman during September 2012

  • Lorato is an independent non-executive director of Peermont Global. Lorato has held various positions over the years including deputy director general in the office of the President and a number of other positions in the FMCG and retail banking sectors. Lorato was CEO and co-founder of Nozala Investments, a woman-led and controlled investment company.

Eric Kevin Diack

Eric Kevin Diack

Lead Independent director

Age: 61

Qualifications: CA(SA), AMP Harvard

Appointed: 20 April 2012

  • Eric has extensive experience of the South African industrial and mining landscape. He has been integral to the negotiation and successful conclusion of a multitude of transactions during his corporate and entrepreneurial career. Eric has served on numerous major listed company boards, namely: AMIC, AECI, ArcelorMittal, Daewoo, Dorbyl, Haggie, Highveld Steel, LTA, McCarthy’s, Terra and Tongaat. Eric is a director on the boards of Aveng, Bidvest Bank, Bidvest Bank Holdings and McConnell Dowell Corporation. Eric is chairman of the audit committee of Bidvest Bank.

Alexander Komape Maditsi

Alexander Komape Maditsi

Age: 56

Qualifications: BProc, LLB (Wits), LLM (Pennsylvania), LLM (Harvard), Dip Company Law (Wits)

Appointed: 20 April 2012

  • Alex is the current franchise director for Coca-Cola Southern and Eastern Africa. Alex has held various positions in Coca-Cola over the past 15 years. Alex has held various legal positions in companies in both South Africa and the United States. Alex is a non-executive director of African Rainbow Minerals, African Rainbow Capital and Murray & Roberts.

Sibongile (Bongi) Masinga

Sibongile (Bongi) Masinga

Age: 51

BCom, USA-SA Leadership and Entrepreneurship Programme (Wharton School of Business)

Appointed: 4 December 2013

  • Bongi is one of the founding members of the Afropulse Group. Prior to this she was the chief operating officer and head of Corporate Advisory at Quartile Capital. She has held various positions in financial services including at DBSA and Gensec. She also gained merchant banking experience with Hill Samuel in London. She currently serves on the following boards: National Student Financial Aid Scheme and Itumeleng Petra Diamonds Employee Trust. She also sits on applicable subcommittees. Bongi was a non-executive director of Mvelaserve prior to the purchase of Mvelaserve by Bidvest.

Nigel George Payne

Nigel George Payne

Age: 58

Qualifications: CA(SA), MBL

Appointed: 28 June 2006

  • Nigel is a director of various companies, including the JSE, Mr Price Group (chairman), Vukile Property Fund and Bid Corporation. Nigel is chairman of Bidvest Bank.

Tania Slabbert

Tania Slabbert

Age: 51

Qualifications: BA, MBA

Appointed: 20 August 2007

  • Tania is a co-founder and non-executive director of WDB Investment Holdings and previously served as its CEO for 12 years. She also serves as a non-executive director on the boards of Caxton and WDB Seed Fund and is a Trustee of the BPSA Education Foundation. Her previous directorships include Discovery, BP South Africa, Rennies Travel, National Small Business Development Council and the Lilliesleaf Trust.

Hans Peter Meijer

Carol Winifred Nosipho Molope

Age: 54

Qualifications: BSc (Med) (Wits), B Compt (Hon) (Unisa), CA(SA)

Appointed: 2 August 2017

  • Nosipho has gained experience over a number of years in the financial services sector and was the chief financial officer at the Financial Services Board (FSB) from August 2005 to December 2008. Nosipho is a director on a number of listed and unlisted companies in South Africa namely, Engen, Mobile Telephone Networks (MTN), Old Mutual Life Assurance Company (South Africa) and South32 Coal Holdings. Nosipho’s board committee membership on these companies include audit, risk and compliance, credit and remuneration.

Renosi Denise Mokate

Renosi Denise Mokate

Age: 60

Qualifications: PhD. (University of Delaware)

Appointed: 1 May 2018

  • Renosi has a Ph.D. (University of Delaware) and has held several leadership positions in the public sector and academia. She was the Deputy Governor of the South African Reserve Bank in August 2005 to July 2010 and Executive Director of the World Bank in 2010-2012. She has also served as the Executive Dean of the Graduate School of Business Leadership, UNISA, and as a senior policy analyst at the Development Bank of Southern Africa. She is currently the Executive Chairperson of Concentric Alliance. She holds non-executive directorships at Bidvest Bank Ltd, GEPF, Vukile Property Fund and African Rainbow Capital Investments amongst others.

Norman Thomson

Norman Thomson

Age: 67

Qualifications: CA(SA)

Appointed: 1 May 2018

  • Norman has gained broad business experience over many years and was the Finance Director of Woolworths Holdings Ltd from 2001 to 2013. Norman is currently a non-executive director of Pioneer Food Group Ltd and Real People Investment Holdings Ltd. Norman’s committee membership on these include the remuneration, audit and risk.