Lucas Ndala : Non-executive Chairman

Postgraduate Diploma in Management, University of Cape Town; BCom (Hons), University of Cape Town; Chartered Accountant (SA)

Lucas Ndala is a chartered accountant, qualifying at Deloitte & Touche. Prior to this, he worked at Barclays in corporate credit and at Mettle, where he was involved in structured finance. Lucas is responsible for RBH Group finance. Lucas is currently the Royal Bafokeng Holdings Director: Finance

Glenn Fullerton : Group CEO

BCompt. BCompt Honours, CTA, CA (SA)

Glenn Fullerton studied his BCompt, BCompt Hons and CTA degrees part-time and simultaneously completed his articles with Deloitte. After qualifying, Glenn spent two years in a group financial management role at a Rembrandt’s JSE listed subsidiary. He then joined the corporate finance team of Malbak Limited in 1995. On completion of the Malbak unbundling, Glenn remained with the Malbak Group in the capacity of divisional financial director managing two of the largest divisions of Kohler Packaging, Malbak’s largest subsidiary.

Glenn has held various senior financial management and directorship positions in large corporations and has been instrumental in significant acquisitions, restructures, disposals, closures of operating companies and divisions as well as the complex unbundling of JSE listed Malbak in 1998.

Julie Wilford : Group Chief Financial Officer

Julie Wilford obtained her undergraduate and post graduate degrees part-time whilst completing her articles with Deloitte, qualifying as a CA (SA) in 1999. She then spent three years within Assurance at Deloitte & Touche where she rose to the position of Senior Manager. In 2002, after three years' involvement from an external audit perspective, she joined MB Technologies as Group Projects Manager. A year later she assumed the role of Group Financial Manager of the MBT Group taking responsibility for the management of the group’s reporting, statutory and taxation requirements. During her eight years in the role she assisted with the delisting of MBT from the JSE in 2002 and helped navigate the group through a number of subsequent changes and restructures. Julie has played a significant role in ensuring that the group complies with all International Financial Reporting Standards and has been effective in ensuring the highest levels of group financial reporting. Effective 1 February 2010, Julie assumed the role of Group Finance Director.

Pierre Spies : Executive Director

Pierre Spies obtained his BComm Accounting degree, part-time, in 1980 from the University of Johannesburg (previously know as RAU), and in 1987 he joined Coopers and Lybrandt, an accounting firm in order to complete his articles.

His relationship with Tarsus Technologies began in 1992 when he joined the company as an accountant. Pierre was promoted to financial director of Tarsus Technologies in 1994 and is credited with putting in place many of the business systems and controls for Tarsus’s operations. In his seventeen years with the company, Pierre has also been involved in every aspect of its business, from feasibility studies, capital raising and due diligence exercises through to acquisitions, re-engineering and disposals of the company’s subsidiaries.

Pierre assumed the position of CEO of Tarsus Technologies in 2007 and has made a significant contribution to the group and the South African IT Industry over many years. His hands-on approach to business has afforded him the opportunity to work with all the major IT vendors and resellers.

Pierre was appointed as an executive director on the MB Technologies Group main board with effect from 1 September 2009.

Khumo Shongwe : Non-executive Director

BSc (MED) Hons (Psych), Msc (Clin Psych), Medunsa, BJourn, Rhodes University

Khumo Shongwe has 12 years’ experience in the mining industry, where she has held senior positions at Lonmin, De Beers and Anglo Platinum. Khumo is currently the Royal Bafokeng Holdings Executive Director: HR and Transformation.

Thabiso Mashugane : Non-executive Director

BCom Economics, University of Port Elizabeth, BCom Finance Honours, Unisa, Certification in Investment Analysis and Portfolio Management, Unisa.

Thabiso Mashugane is the Investment Manager at Royal Bafokeng Holdings. Before joining RBH, Thabiso spent six years with Citigroup South Africa. During this time, Thabiso was employed as a fixed income and bond trader before joining the fixed income and derivatives structuring sales team, with a specific focus on hedging solutions for SA corporate companies.

Pieter Rörich : Non-executive Director

BCom (Accounting), University of Pretoria; BCompt (Hons), Unisa; Certificate in Theory of Accountancy, Unisa; Chartered Accountant (SA)

Pieter Rörich is responsible for evaluating Royal Bafokeng Holdings’ investments and executing transactions. Pieter’s expertise is in the fields of corporate finance, mergers and acquisitions. He was as executive director of African Rainbow Minerals from 2004, before joining Royal Bafokeng Holdings in 2008. Pieter is currently the Royal Bafokeng Holdings Executive: Corporate Finance

Richard Tunstall (Investec) : Non-executive Director

B.Bus Sci (UCT), PGDA (UCT), CA (SA), CFA (Charter Pending)

Richard joined Investec in 2005, where he completed his articles, gaining experience in Private Banking, Capital Markets and Investment Banking. He subsequently spent two years with Investec Corporate Finance, before taking up his current role as a consultant in the Principal Investments division.

After qualifying as a chartered account with Deloitte in Cape Town Kobus spent 10 years in the UK with investment banks Hill Samuel and Standard Bank London. He returned to Standard Bank in SA in 1996 as Director and global head of Structured and Project Finance. In 1999 he joined the Wiphold group firstly as CEO of Wipcapital and later as CEO of Ezuza the mobile banking JV with Standard bank and the forerunner to MTN Mobile Banking. Kobus joined Investec in 2008.