Directorate

Executive Directors


A E THUNSTRöM (48)

Chief Executive Officer

BCom (Hons Acc), CA(SA)
 
Appointed: 2018
 
Member of: Risk and Social and Ethics Committees
Meetings attended by invitation: Remuneration and Nomination Committees

Anthony, our Chief Executive Officer, joined the Group in 2015 as Chief Financial Officer and assumed the position of Chief Executive Officer in September 2018 following Doug Murray's retirement. Prior to this, he had 21 years' professional services experience, during which he held various local and international leadership positions.
 
Appointed to the Supervisory Board: 2015
 

 


B NTULI (42)

Chief Financial Officer
 
BCom (Hons Acc), CA (SA), AMP (Harvard)
 
Appointed: 2019
 
Member of: Risk Committee
Meetings attended by invitation: Audit and Social and Ethics Committees 
 
Bongiwe joined TFG in January 2019 as Group Chief Financial Officer. Prior to this, she was the Chief Executive Officer of Freight Services at Grindrod Limited and a Grindrod Group Executive Board member. Before Grindrod, she held various finance and treasury positions for Anglo American PLC locally and internationally. Bongiwe has over 20 years'  international commercial, operational experience and executive management experience. She has worked in South Africa, The United Kingdom and Canada, and has completed an Advanced Management Programme at Harvard Business School.
 
Appointed to the Supervisory Board: 2019
 

 


Independent Non-Executive Directors

M LEWIS (60)

Chairman
 
BA (Econ) (Hons)
 
Appointed: 1989 
 
Member of: Nomination and Remuneration Committees
Chairman of: Nomination Committee
Meetings attended by invitation: Risk and Audit Committees
 
Michael has more than 35 years’ experience in the investment management and retail sectors. He is the Chairman of Strandbags Holdings Proprietary Limited (Australia)and Oceana Investment Corporation Limited (UK) and a partner of Oceana Investment Partners LLP (UK). He is also a director of Histogenics Inc. (USA) and United Trust Bank Limited (UK). Michael served on the supervisory board of Axel Springer AG (Germany) and on the board of Cheyne Capital Management LLP (UK). He previously worked at funds managers Ivory & Sime and Lombard Odier.
 
Appointed to the Supervisory Board: 1989
 

S E ABRAHAMS (80)

FCA, CA(SA)
Appointed: 1998
 
Member of: Audit and Nomination Committees
Chairman of: Audit Committee
Open invitation: Risk Committee
  
Sam is a very experienced Director. He was formerly an international partner and South African Managing Partner of Arthur Andersen. Sam is currently a non-executive director of Investec Securities Proprietary Limited and Chairman of The Victor Daitz Foundation, one of the largest charitable foundations in South Africa. Sam has acted as a non-executive director for several listed companies, both in the United Kingdom and South Africa.
 
Appointed to the Supervisory Board: 1998

PROF F ABRAHAMS (56)

BCom (Hons Acc), CA (SA)

Member of: Audit, Remuneration Risk and Social and Ethics Committees

Chairperson of: Social and Ethics Committe

Fatima is a senior professor (part-time) and was dean of the Economic and Management Sciences Faculty at the University of the Western Cape (UWC). She is a registered industrial psychologist and has built up extensive expertise in the human capital field. She was also a non-executive director of Transnet, B2B Africa Proprietary Limited and continues to serve on the Audit and Risk Committees  and Transformation and Remuneration Committees of several companies, and has built up sound business experience over the years.

 Appointed to the Supervisory Board: 2003

 

 


G H DAVIN (63)

BCom, BAcc, CA(SA), MBA
 
Graham is a Chartered Accountant and a career banker with extensive international financial and broad business experience. Graham qualified with Arthur Andersen in Johannesburg and joined Investec Bank after an MBA at UCT. He was director of Investec Bank for 16 years and of Bank Insinger de Beaufort N.V., a Dutch private bank. He was responsible for the listing of Investec on the JSE and of Insinger on the Luxembourg Stock Exchange. In 2003, after moving to London, Graham led the management buyout of United Trust Bank, a fast-growing UK specialist bank of which he is CEO.
 
Appointed to the Supervisory Board: 2015
 

D FRIEDLAND (66)

BCom, Certificate in the Theory of Accountancy, CA(SA)
 
 
Member of: Audit, Remuneration and Risk Committees
Also a director of South African listed and public companies: Pick n Pay Stores Limited, Investec Limited and Investec Bank Limited
 
Also a director of a foreign listed company and public companies: Investec PLC and Investec Bank PLC
 
David is a chartered accountant with extensive experience from a broad range of listed retail companies. He served as an international partner at Arthur Andersen from 1990 and was a partner at KPMG from 2002. David was head of Audit and Risk at KPMG (Cape Town) and was the lead audit partner for several listed companies. In 2013, he retired as a partner at KPMG and was appointed to the boards of Investec Limited and Investec PLC, serving as the group Audit Committee Chairman.
 
Appointed to the Supervisory Board:2013
 

B L M MAKGABO-FISKERSTRAND (45)

 
Member of: Audit, Risk and Social and Ethics Committees
Also a director of a South African listed company: Sun International Limited
 
Tumi is founder and executive director of AfricaWorldwide Media and director of Tumi Makgabo Enterprises, focusing on enterprise development in South Africa and across the African continent. In addition, Tumi served as the Vice Chairperson of the World Economic Forum’s Global Agenda Council on Women’s Empowerment and as a member of its Council on Africa for two years. In 2008, she was nominated to the World Economic Forum’s Forum of Young Global Leaders, which is a multi-stakeholder community of exceptional leaders below the age of 40, selected from around the world.
 
Appointed to the Supervisory Board: 2012

E OBLOWITZ (61)

BCom, CA(SA), CPA(Isr)
 
Member of: Audit, Remuneration and Risk Committees
Chairman of: Remuneration and Risk Committees
 
Also a director of a South African listed company: Trencor Limited
 
Eddy has considerable audit, finance and business advisory experience, having spent 21 years in professional practice, most notably as a senior partner of the Cape Town, Durban and Port Elizabeth offices of Arthur Andersen. He also served as a member of the firm’s worldwide Retail and Distribution Industry Team. In addition to serving as a Non-Executive Director and trustee to various companies and trusts, he is the Executive Chairman of Stonehage Fleming South Africa, which provides multi-family office, wealth management and advisory services to an extensive local and international client base.
 
Appointed to the Supervisory Board: 2010
 

 

 


N V SIMAMANE (60)

BSc (Biochem) (Hons)
 
Member of: Audit, Risk and Social and Ethics Committees
Also a director of South African listed companies: Cashbuild Limited, Oceana Group, Hollard Insurance, Hollard Life Insurance and SA Post Office
 
Nomahlubi has extensive business, marketing and communications experience, having previously held the positions of Marketing Manager at Unilever, Marketing Director of British American Tobacco and Managing Director of BLGK Bates Advertising Agency. She is currently the CEO of Zanusi Brand Solutions, a branding consultancy she founded in 2001. She has worked in the United States and Kenya and has been recognised as a seasoned business woman, having won two Business Women of the Year Awards in 2009. She was also named the 2013 Enterprising Woman in Fort Lauderdale, Florida, USA.

Appointed to the Supervisory Board: 2009
 

NON-EXECUTIVE DIRECTOR

R Stein (50)

BCom, CA(SA)
 
Member of: Risk and Nomination Committees
Meetings attended by invitation: Audit Committee
 
Ronnie was previously our Chief Financial Officer. He retired from this position at the end of June 2015 after serving 19 years with the Group. Prior to joining the Group, he was an accountant and auditor in public practice. He was a partner at Kessel Feinstein for 15 years. Following his retirement, Ronnie remains on the Supervisory Board in a non-executive capacity.
 
Appointed to the Supervisory Board as a non-executive director: 2015