Board of Directors

Click on the director for the respective cv

  • LAURENCE (LARRY) NESTADT
    LAURENCE (LARRY) NESTADT
    Independent Non-Executive
    Chairman 
    Born: 1950

    Larry has over 40 years’ experience in his long and successful corporate career, both in South Africa and internationally. Larry is a co-founder and former executive director of Investec Bank Limited. He assisted in the creation and strategic development of a number of listed companies such as Capital Alliance Holdings Limited, Super Group Limited, Hosken Consolidated Investments Limited, SIB Holdings Limited and Global Capital Limited. He is the past chairman on each of the boards of these companies.


    Larry has also served on the board of directors of Softline Limited, JCI Limited and Abacus Technologies Holdings Limited. He was a former director of a number of non-listed companies, internationally and locally, viz, Stenham Limited (UK) and Prefsure Life Limited (Aus). Currently, Larry holds various directorships and is executive chairman of Global Capital Proprietary Limited, and chairman of Melrose Motor Investments, MoreCorp Group Proprietary Limited, SellDirect Marketing Proprietary Limited and National Airways Corporation Proprietary Limited.


    Larry joined the Board on its establishment in 2007. As a respected senior member of the South African business community, his strategic vision, guidance and experience contribute significantly to the Board and its deliberations.

  • BRETT LEVY
    BRETT LEVY
    Joint Chief Executive Officer 

     

    Born: 1975

    Brett has an impressive entrepreneurial history having founded and operated many small businesses in the early 1990s. He has been involved across a wide range of industries, including the distribution of fast-moving consumer goods and insurance replacements for electronic goods. Brett’s business achievements have earned him a number of prestigious nominations, accolades and awards. These include the Absa Bank Jewish Entrepreneur of the Year Award (2003) and the Absa Jewish Business Achiever Non-Listed Company Award (2007), which he won jointly with his brother Mark. Brett was nominated as an Ernst & Young World Entrepreneur SA Finalist for 2007. In 2010 he received the Liberty Life Award for a Remarkable Success Story in the David Awards and was a finalist in the Top Young Entrepreneur category of the African Access National Business Awards. In 2011 he shared with Mark the Top Entrepreneur accolade in the African Access National Business Awards.


    Brett joined the Board on its establishment in 2007 and is a director of various local and global Group companies.

  • MARK LEVY
    MARK LEVY
    Joint Chief Executive Officer BCompt (Unisa)
    Born: 1971

    Mark graduated with a BCompt degree from Unisa in 1993. After some years as a commodities trader, he decided to pursue a goal of becoming an entrepreneur, which skill and strength he has applied over the past several years in spearheading Blue Label’s impressive organic and acquisitive growth and expansion in international markets. His business achievements are frequently recognised. Together with his brother Brett, Mark received the Absa Jewish Business Achiever Non-Listed Company Award (2007). He was nominated as an Ernst & Young World Entrepreneur SA finalist for 2007. In 2010 Mark was voted Top IT Personality of the year by ITWeb and was a finalist in the Top Young Entrepreneur category of the African Access National Business Awards. In 2011 he shared with Brett the Top Entrepreneur accolade in the African Access National Business Awards.


    Mark joined the Board on its establishment in 2007 and is a director of various local and global Group companies.

  • DEAN SUNTUP
    DEAN SUNTUP
    Financial Director BCom (Wits), Hons (Unisa), CA(SA)
    Born: 1977

    Dean completed his articles at PwC where he continued working after qualifying as a chartered accountant, assisting in the audits of various large corporations and multinational companies. In 2003 he joined BSC Technologies, a business established by the Levy brothers, and later became its Financial Director. In 2005 he transferred to The Prepaid Company in the role of Financial Director. Dean is a member of SAICA.


    Dean joined the Board on his appointment as Financial Director in 2013 and is a director of various other Group companies.

  • GARY HARLOW
    GARY HARLOW
    Independent Non-Executive Director BBusSci (Hons) (UCT), FCMA, CGMA, CA(SA)
    Born: 1957

    Gary graduated from the University of Cape Town in 1979, qualifying as a Chartered Accountant (SA) in 1982, an associate of the Chartered Institute of Management Accountants (UK) in 1983 and as a Fellow Chartered Management Accountant (UK) in 1996. His career was forged in merchant and investment banking. In the early 1990s he became an adviser to the African National Congress in developing black economic empowerment strategies and in 1992 was instrumental in the creation of Thebe Investment Corporation, South Africa’s first broad-based black-owned company. Gary served as Joint Chief Executive Officer of Msele Corporate and Merchant Bank, South Africa’s first black-controlled merchant bank.


    In 1996, Gary was appointed Group Chief Executive Officer of Unihold Limited, where he remains Executive Chairman. He led its transition from an engineering conglomerate to an international IT and telecommunications group, followed by a delisting through a management buyout in 2002. Gary continues to serve on numerous private and public company boards and is Chairman of Newpark Reit Limited.


    Gary is also chairman and/or director of various Group subsidiaries.

 

  • JERRY VILAKAZI
    JERRY VILAKAZI
    Independent Non-Executive Director BA (Unisa), MA (Thames Valley), MA (London), MBA (California Coast University)
    Born: 1961

    Jerry is executive chairman of Palama, which he co-founded to facilitate investments in strategic private and listed companies. He is a past CEO of Business Unity South Africa, during which period he served as business representative at Nedlac and on various international business councils. Prior to this, he held various executive positions in government and in the private sector including that of Managing Director of the Black Management Forum where he also served on the board of the BMF Investment Company. In 2009 Jerry was appointed to the Presidential Broad-based Black Economic Empowerment Advisory Council and was appointed as a Commissioner of the National Planning Commission in 2010. He was appointed Public Service Commissioner in 1999 and played a role in shaping public service policies in post-1994 South Africa. Jerry was Chairman of the Mpumalanga Gambling Board from 2006 to 2015 and the State information Technology Agency (SOC) Proprietary Limited until the end of his term in 2015. He previously held the position of Chairman of Netcare Limited and advisor to Citi Bank. He is non-executive director of Sibanye Gold Limited where he also chairs the Social and Ethics Committee. He led a consortium that acquired equity and subsequently served on the board of PPC Limited in 2008.

  • JOE MTHIMUNYE
    JOE MTHIMUNYE
    Independent Non-Executive Director BCompt Hons/CTA (Unisa), CA(SA)

     

    Born: 1965

    Joe qualified as a chartered accountant in 1993. In 1996, he co-founded Gobodo Incorporated, an accounting practice with eight other partners which in time became the largest black accounting firm in South Africa. In 1999, he led a management buyout of Gobodo Corporate Finance from the accounting firm and rebranded it AloeCap Proprietary Limited, of which he is currently executive chairman. He also serves on the board of directors of various non-listed companies in which AloeCap Private Equity is invested.


    Joe joined the Board on its establishment in 2007 and is Chairman of the Audit, Risk and Compliance Committee.

  • KEVIN ELLERINE
    KEVIN ELLERINE
    Non-Executive Director National Diploma in Company Administration

     

    Born: 1968

    Kevin joined the family business, Ellerine Holdings, in 1991. After serving in various roles, in 1993 he was appointed as property manager of Ellerine Bros. Proprietary Limited, rising to managing director of the property division in 2000, a position he still holds today. He sits on the boards of the property and private equity companies in which Ellerines is invested. He is also a director of Hyprop Investments Limited and Newpark REIT Limited. Kevin’s all-round business skill and acumen contribute to Board and Committee deliberations of the Group.


    Kevin is a director of various other companies, including some Group subsidiaries.

  • PHUTI MAHANYELE
    PHUTI MAHANYELE
    Independent Non-Executive Director BA Economics (Rutgers, USA), MBA (De Montfort, UK), Executive Education Program (Harvard, USA)
    Born: 1971

    Phuti is Executive Chairperson of Sigma Capital, an investment holding company. She is the former CEO of Shanduka Group. Previously, she held senior positions at the Development Bank of Southern Africa, and in the North American and South African offices of Fieldstone, an international firm specialising in financing infrastructure assets. Currently, she sits on the boards of Comair Limited and Reunert Limited.


    Phuti chairs the Bain Academy, which supports professionals in corporate Africa. She also participates in the Young Global Leaders initiative of the World Economic Forum. Phuti is an honorary member of the Golden Key International Honour Society and sits on the advisory board of Stellenbosch University.


    Phuti joined the Board on 1 September 2016 and is a member of the Audit, Risk and Compliance Committee.

  • YUSUF MAHOMED
    YUSUF MAHOMED
    Independent Non-Executive Director (effective 18 August 2015) BPharm (UDW), MSc (Pharm Tech) from Chelsea College, University of London
    Born: 1953

    Yusuf is chairperson of the Cell C Foundation which is responsible for Cell C Proprietary Limited corporate social investment initiatives. He is also a director of Legend Power Solutions Proprietary Limited and alternate director of Avon Peaking Power Proprietary Limited and Dedisa Peaking Power Proprietary Limited. His previous directorships included Cell C Proprietary Limited, Siemens Proprietary Limited and Ubambo Investment Holding Proprietary Limited. He was also a member of the South African Pharmacy Council. Yusuf is one of the founder members of 3 C Telecommunications, Cellsaf and Cell C Proprietary Limited.


    Yusuf also serves as a director of various Group subsidiaries.

 

Chairman of

Board Committee participation

  Executive Committee
  Investment Committee
  Social, Ethics and Transformation Committee
  Audit, Risk and Compliance Committee
  Nomination Committee
  Remuneration Committee
  Member of Executive Committee
  Member of Investment Committee
  Member of Social, Ethics and Transformation Committee
  Member of Audit, Risk and Compliance Committee
  Member of Remuneration and Nomination Committee