Geoffrey Qhena (57)

Chairperson

Appointed: 27/03/2023 (appointed as Chairperson from 01 April 2023)

Principal skills: Accounting, Auditing, Governance and Business Leadership

Other directorships: Exxaro Resources Limited, Investec Bank Limited

Geoffrey is former Chief Executive Officer of the Industrial Development Corporation (“IDC”) of South Africa. During his tenure, he grew the IDC’s asset base from R31bn in 2004 to R137bn in 2018. He has experience serving as a Non-Executive Director and Chairperson on Boards of listed and unlisted companies. He currently serves on the Boards of Investec Bank Limited and Exxaro Resources Limited as a Non-Executive Director and Chairperson respectively. Geoffrey holds an Honours Degree in Accounting Science and is accredited as a Chartered Accountant (South Africa) with SAICA.

Ethel Matenge-Sebesho (68)

Appointed: 01/07/2021

Principal skills: Financial markets and investments, international business, marketing, risk management and governance

Other directorships: First National Bank Ghana, Distell Group Holdings Ltd, Ashburton Investments, FinMark Trust

MBA, Associate Diploma in Banking (CAIB)SA

Ethel Matenge-Sebesho is a highly professional and experienced board director with extensive experience leading organisations, specifically within the housing and banking industries. She was responsible for driving and establishing new markets to facilitate access to housing finance in the low to medium income market, for a number of African countries. This involved engaging with mortgage lenders, Banking Regulators, short-term insurers and Insurance Regulators and reputable housing and infrastructure developers. She had succeeded in establishing business operations in Uganda, Rwanda, Kenya, Tanzania, Zambia, Ghana, Botswana, Namibia and Nigeria. The process of establishing business in all these countries has resulted in Ethel having extensive and useful contacts and networks abroad and in most African countries. She has held various positions within Standard Chartered Bank Botswana Ltd and was responsible for the management of the Bank’s personal banking and marketing activities, as well as the restructuring of the all the bank’s departments and implementation of new processes. In 1996 she was appointed by the Botswana Cabinet as a board member of the Botswana Housing Corporation. Ethel visited Oslo, Norway at the invitation of the largest Housing Association (OBOS), to benchmark their operations against those of Botswana to identify best practice. She attended the Asian Regional Conference of Women World Banking affiliates and visited banks in both India and Bangladesh to obtain input from their officials on how they run their banks and how they manage recovery rates on loans. She was formerly a non- executive director of FirstRand Limited and Capevin Holdings.

Sibusiso Sibisi (68)

Appointed: 01/04/2019

Principal skills: ICT, start-up ventures and business-to-business intelligence skills

Other directorships: FirstRand Bank Ltd, Liberty Holdings (Pty) Ltd

PhD, BSc (Physics)

Sibusiso previously served on the Boards of, amongst others, Murray and Roberts and African Rainbow Minerals, Denel and Mapungubwe Institute for Strategic Reflection and he was Head of Wits Business School.

Olufunke (Funke) Ighodaro (60)

Appointed: 01/07/2021

Principal skills: Business leadership, finance, business strategy and finance

Other directorships: Massmart Holdings Ltd, Old Mutual Ltd, Old Mutual Life Assurance SA, Ascential plc, Sabvest Capital Ltd

BSc (Honours) degree, Chartered Accountant with SAICA

Funke is a commercially astute and experienced business leader who has served on the boards of several private and publicly listed companies, bringing diverse and extensive leadership experience and expertise in a large number of business disciplines, but specifically in finance, business strategy, governance and risk management. She is a former CFO of Tiger Brands Limited and Primedia Limited and an Executive Director of Barloworld Limited and of 9mobile (Nigeria's fourth largest Telco). She founded and led the private equity business of Kagiso Trust Investment Group. She was formerly a non-executive director of Datatec Limited and Transaction Capital Limited.

Sibusiso Luthuli (50)

Appointed: 25/05/2018

Principal skills: Auditing and accounting, investments, mergers and acquisitions, and business leadership

Other directorships: Mpact Ltd, Mpande Property Fund Manager (Pty) Ltd, Fulzest (Pty) Ltd

BCom, CA (SA)

Sibusiso, a qualified chartered accountant, is the former Chief Executive and Principal Officer of the Eskom Pension and Provident Fund, a position he held for 8 years. He is one of the founding members and Deputy Chairman of Batseta, an organization for pension fund fiduciaries. Sibusiso was previously a non-executive director of Telkom and has previously served as CEO of Ithala Bank Limited and chairman of Cipla Medpro Pharmaceuticals Limited.

Currently he serves as a non-executive director and chairman of the Finance, Risk and Compliance Committee of BCX Limited and Deputy Chairman of Batseta.

Keith Rayner (66)

Appointed: 15/07/2019

Principal skills: Corporate finance, accounting, auditing, governance, risk management, strategy and ESG

Other directorships: Appropriate Process Technologies (Pty) Ltd, Nexus Intertrade (Pty) Ltd, Sibanye Stillwater Ltd

BCom, CTA, CA(SA)

Keith is a qualified Chartered Accountant (SA) with a wealth of experience in corporate finance, having started his corporate finance career in 1987. Over the years, he has advised numerous listed companies on various types of corporate finance transactions. He is currently the Chief Executive Officer of KAR Presentations, an advisory and presentation corporation, which specialises in corporate finance and regulatory advice and presentations (including, amongst others, presentations on the JSE Listings Requirements, Market Abuse, the Companies Act, Governance, Takeover Law, strategy and implementation of all corporate actions, valuation theory and practice, IFRS, as well as tax and refresher courses for listed companies’ directors.

He is a member of the JSE Issuer Regulation Advisory Committee and has been actively involved in assisting the JSE Issuer Regulation Division since 1995. He is a Fellow of the Institute of Directors in South Africa, is a non-broking member of the Institute of Stockbrokers in South Africa, and a member of the Investment Analysts Society.

Herman Singh (62)

Appointed: 25/09/2020

Principal skills: New business development, large-scale IT developments and IT innovation

Other directorships: Adcorp Holdings Ltd, 4Sight Holdings Ltd, Payments Association of SA, African Bank Ltd

MBA, BSc. Mechanical Engineering and a Graduate Diploma, Industrial Engineering

Mr Herman Singh holds an MBA, BSc. Mechanical Engineering and a Graduate Diploma, Industrial Engineering from the University of Witwatersrand. He is an innovative business thinker and a high impact player with a mix of business technology, leadership and entrepreneurial skills. He has led and guided many disruptive businesses in the ongoing convergence of technology and business for over 20 years.

Louis von Zeuner (62)

Appointed: 10/12/2012

Principal skills: Finance, mergers and acquisitions, risk, ESG and commercial expertise

Other directorships:FirstRand Ltd, FirstRand Bank Ltd, Transnet SOC Ltd

BA, MBA

A member of the Institute of Directors South Africa, he completed 32 years’ service at Absa and served as deputy group chief executive from 2009 until 31 December 2012. He has extensive business experience, including experience in audit, risk and capital matters, particularly in the financial sector. He currently serves on the boards of African Bank Holdings, Paycorp Investments, Eqstra, Afgri, Cricket South Africa, MMI Holdings and serve as chairman of MyPayers.

Brian Kennedy (63)

Appointed: 15/07/2022

Principal skills: Corporate banking, debt and equity capital markets, private equity, commercial property finance, and mergers and acquisitions

Other directorships: Ecobank Transnational Incorporated, AfriSam Holdings (Pty) Ltd

MBA, BSc Electrical Engineering, MSc Electrical Engineering

Brian has over 30 years of experience in the financial services sector, encompassing Executive and Non-executive Board roles within large institutions and smaller high- growth private companies. His experience spans debt and equity capital markets, corporate banking, private equity, commercial property finance, and mergers and acquisitions.

When Nedbank acquired BOE Ltd in 2002, Brian was tasked with merging BOE Merchant Bank, Nedbank Treasury, Nedcor Investment Bank and Cape of Good Hope Bank to create an integrated capital markets franchise in Nedbank. In his last Executive role, he served as Group Managing Executive of Nedbank’s Corporate and Investment Banking (CIB) Unit. During his tenure, CIB grew headline earnings from R4.7 billion to R6.7 billion over four years, producing an ROE greater than 20% for shareholders. In 2020, CIB contributed approximately 60% of Nedbank’s earnings and deployed a balance sheet of R350 billion to corporate South Africa and across the African continent.

Brian holds an MBA, BSc Electrical Engineering, MSc Electrical Engineering and is a registered Professional Engineer. He currently serves on the Boards of Ecobank Transnational Inc, Afrisam Holdings (Pty) Ltd and Nozala Investments.

Prudence Lebina (42)

Appointed: 15/07/2022

Principal skills: Accounting, corporate finance, governance, investor relations, private equity, financial reporting, stakeholder management and business development

Other directorships: DRDGold Ltd, Growthpoint Properties Ltd, and Iemas Financial Services (Co-operative) Ltd

BCom degree and a Higher Diploma in Accounting

Prudence is a Chartered Accountant with over 18 years of experience in corporate finance, investor relations, private equity, financial reporting, stakeholder management and business development in the financial services and mining sectors. She is currently CEO of TriAlpha Investment Management, a specialist fixed income investment house.

Prior to that she was CEO and interim Finance Director of Gaia Infrastructure Capital Ltd, an infrastructure investment holding company listed on the main board of the JSE.

Prudence holds a BCom degree and a Higher Diploma in Accounting from the University of Witwatersrand. She is a member of the South African Institute of Chartered Accountants (“SAICA”) and qualified in December 2005 after serving her articles at PricewaterhouseCoopers Incorporated. She currently serves on the Boards of DRDGold Ltd, Growthpoint Properties Ltd, and Iemas Financial Services (Co-operative) Ltd.

Ipeleng Selele (46)

Appointed: 15/07/2022

Principal skills: ESG strategy, renewable energy, digital technology, supply chain management, AI and innovation

Other directorships: Siemens Energy SA Ltd, Mahlako Energy Infrastructure, Satsanga, Fintech Holdings

MSc International Strategy

Ipeleng is a qualified International Strategist and an entrepreneur. She has done work in diverse sectors including ICT, Ports, Maritime, Energy, Telecommunications, Aviation, and Investment Promotion Agencies. She conceptualised and launched the first ever portal of African Maritime Affairs that was launched at the African Union. She has particular strengths in ESG and specialises in foreign market entry strategies and execution in maritime, ports value chain and maritime countries.

Ipeleng's commercial interests are in diverse sectors including Energy, Business and Foreign Market Entry Strategy Consultancy, Rail Transport, SMME’s and Maritime Transport/Ports Infrastructure.

Ipeleng holds an MSc International Strategy majoring in Foreign Market Entry Strategy from the University of London South Bank, has completed an African Leadership Executive Course as part of her TUTU Fellowship as well as a Strategy Execution Qualification. She is currently completing her MBA in Oil and Gas as well as a Postgraduate in Mechanics of Renewable Energy. She serves on the Boards of Siemens Energy SA, Mahlako Energy Infrastructure and Satsanga Fintech Holdings.

Sung Yoon (60)

Appointed: 01/05/2022

Principal skills: Digital transformation, global strategy, international telecommunications and significant growth by turning around difficult businesses

Other directorships: None

MBA,Bachelor of Arts in Sociology

Sung is a former CEO and President of Samsung Africa, with unique Executive experience across three continents, including 16 years in the United States and four years in Africa. He has a proven track record of turning around difficult business situations and significantly growing both new and existing business categories. He is an expert in tailoring global strategies to suit the needs of each market, and possesses hands-on technical sales skills across numerous product categories. He is a respected leader who strives to build meaningful relationships with both customers and employees.

Sung has worked with Samsung Electronics in a range of capacities, and across the world as CEO and President in South Africa, Head of Mobile Sales, Head of TV & AV Sales and Head of IBM sales, respectively, in the United States of America, and New Business Development in Korea. He is currently an advisor to Samsung Electronics in Korea.

Sung has an MBA from the University of Illinois, and a Bachelor of Arts in Sociology from Korea University.

Serame Taukobong (52)

GCEO and Executive Director

Appointed as GCEO: 01/01/2022

Appointed to CEO Telkom Consumer: 01/06/218

Principal skills:Marketing, customer operations, mergers and acquisitions, and business leadership

Other directorships:Business Connexion Group Ltd, Gyro Properties (Pty) Ltd, Swiftnet SOC Ltd, Trudon (Pty) Ltd

Serame has been appointed as GCEO Designate in August 2021. He has taken over the role of Telkom’s Group Chief Executive Officer from 1 January 2022.

BSc Chemistry

Serame was appointed at Telkom in June 2018 as CEO of the Telkom Consumer business unit, taking responsibility for both its mobile and fixed consumer businesses. He has extensive experience in the field, having previously held senior leadership positions with General Electric Africa (GE) and MTN, where his last role at MTN was as CEO of MTN Ghana. While at GE, Serame was the company’s Growth Leader (Chief Commercial Officer) for Sub-Saharan Africa and Head of Transformation in South Africa. He has also worked for leading FCMG companies such as Unilever, SAB and M-Net, and has completed various executive management courses at IMD (Switzerland), GIBS, INSEAD (Singapore) and the Wharton School of Business.

Nonkululeko Dlamini (50)

Group Chief Financial Officer and Executive Director

Appointed: 01/12/2023

CA (SA)

Nonkululeko was appointed as the Group Chief Financial Officer, effective 1 December 2023.

Nonkululeko is a qualified Chartered Accountant (South Africa) and former Group CFO of Transnet SOC Ltd. She was previously the CFO at IDC and Eskom Holdings SOC Limited ("Eskom") and has held various other management positions within Eskom. She has experience serving as a Non-Executive Director on the boards of Kumba Iron Ore Limited and Small Enterprise Finance Agency (SEFA).

For her work at the IDC, Nonkululeko won the 2019 Public Sector CFO of the Year Award. She was also nominated for the 2018 CFO Awards.