Full integrated annual report - African Bank - Investoreports

Samuel Sithole (38)*
Position
Independent
non-executive director
Qualifi cations
BAcc (Hons) (University
of Zimbabwe), Chartered
Accountant registered with
the Institute of Chartered
Accountants in Zimbabwe
(ICAZ), England & Wales
(ICAEW) and South Africa
(SAICA), and Advanced
Diploma in Banking from the
University of Johannesburg
Date appointed
21/05/2009
Thamsanqa Mthunzi
Sokutu (48)
Position
Executive director
Qualifi cations
BSc (Hons), MSc
Date appointed
19/05/2003
Robert John
Symmonds (52)
Position
Independent
non-executive director
Qualifi cations
BComm (Hons)
(UCT), CA (SA)
Strategic Banking
Programme (IMD –
Lausanne), Executive
Development
Programme (GIMT)
Date appointed
21/05/2009
Directorships:
Non-executive director of African Bank
Investments Limited and African Bank
Limited.
Executive director of Brait South Africa
Limited and its related subsidiary
companies; Valucorp 154 CC; Proline
Trading 102 (Pty) Limited; and
Celebration Church Johannesburg CC.
* Zimbabwean with permanent SA
residence status
Directorships:
Executive director of African Bank
Investments Limited; African Bank
Limited; and Ellerine Holdings Limited.
Non-executive director and chairman
of South African National Biodiversity
Institute and chairman of Mosake
Communications and Eyomhlaba
Investment Holdings Limited.
Directorships:
Non-executive director of African Bank
Investments Limited; African Bank
Limited; Leppard and Associates;
Umlimi Underwriting; Financial
Management International; Heavy
Commercial Vehicles; Professional
Indemnity Mutual Solutions; Consort
Technical Underwriters; Pinnafrica
Limited; Cast Arena Trade and Invest
87 (Pty) Limited; The Standard General
Insurance Company Limited; Relyant
Life Assurance Company Limited;
Relyant Insurance Company Limited;
and Customer Protection Insurance
Company Limited.
Managing Director of Lombard
Insurance Company Limited; Lombard
Life; Lombard Insurance Limited;
Lombard Trade Finance; Lombard
Guarantee Services (Pty) Limited –
registered in Botswana; and Lombard
Consolidated (Pty) Limited.
Currently the group fi nancial director
of Brait South Africa Limited. Sam,
a chartered accountant by training,
had been at Deloitte since 1996 with
experience at both their Harare and
London offi ces.
Tami is the executive director
responsible for ABIL’s group risk
functions covering both the African Bank
and EHL businesses. Before taking over
responsibility for group risk, Tami was
managing director of African Bank:
Retail Business.
Currently the managing director of
the Lombard Insurance Company
Limited. He is responsible for the overall
implementation of strategies developed
in conjunction with the board.
Johnny’s experience includes being
chief executive offi cer of Mercantile
Lisbon Bank Holdings where, amongst
other things, he had the responsibility for
the overall implementation of strategies
developed in conjunction with the
board, the operational management,
risk management, resourcing, human
resources, reporting to the market,
relationships with regulators and
managing the Bank through a diffi cult
time within the small banking sector
and some signifi cant challenges for the
Bank itself.
Integrated report 2011 | African Bank Investments Limited
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