PATRICE MOTSEPE

CHAIRMAN

With a BA and LLB, Patrice Motsepe became a partner at Bowman Gilfillan in 1994, specialising in mining and business law. Three years later, he ventured into mining, buying shafts from Anglo Gold and establishing African Rainbow Minerals.

In 2003, as part of The Giving Pledge, he formed the Motsepe Foundation, where he aims to donate half his wealth during his lifetime. The aim of the Foundation is to use the principle of ubuntu to uplift others.

Motsepe is now chairperson of a variety of companies, including Ubuntu-Botho Investments, and is the deputy chairperson of Sanlam. He is the chairperson of ARC.

He became an entrepreneur at the age of seven, working in his father’s grocery shop. He is now married to Dr Precious Moloi-Motsepe, with whom he has three sons, and owns Mamelodi Sundowns Football Club.

BRIAN DAMES

CEO

Brian Dames is the Chief Executive of African Rainbow Energy & Power Pty Ltd (“AREP”), and the Former Chief Executive of Eskom Holdings SOC Limited, the national electricity utility in South Africa.

AREP’s vision is to become a leading African energy and power company with a focus on clean energy solutions for Africa, based on renewables, hydro, gas and
complimentary transmission investments.

Brian has 30 years’ experience in the energy sector. He started his career with Eskom at the Koeberg Nuclear Power Plant. The complexity and diversity of Eskom’s overall activities provided the opportunity for Brian to gain experience in the operations and management of a large national company. During his tenure at Eskom, Brian held various positions and was appointed Chief Executive of Eskom on 1 July 2010 and held this position until March 2014.

ANDRE WILKENS

NON-EXECUTIVE DIRECTOR

Appointed to the board in 2014.

André Wilkens was appointed the Chief Executive Officer of ARMgold in 1998. He was then appointed Chief Operating Officer of Harmony following the merger of ARMgold with Harmony in 2003. André subsequently served as Chief Executive of ARM Platinum, a division of ARM. André was appointed as Chief Executive Officer of ARM in 2004 and appointed to its Board in the same year. With the appointment of Mike Schmidt as ARM’s Chief Executive Officer on 1 March 2012, André became the Executive Director: Growth and Strategic Development, based in the office of the Executive Chairman. The balance of André’s 44 years’ mining experience was gained with Anglo American Corporation of South Africa where he began his career in 1969, culminating in his appointment as Mine Manager at Vaal Reefs in 1991. André is also a director of African Rainbow Energy & Power (Pty) Ltd.

André Dippenaar

Chief Financial Officer

André Dippenaar is the Chief Financial Officer of African Rainbow Energy and Power (appointed in December 2018).  He is a Chartered Accountant with over 17 years of management, financial reporting, commercial and project related management experience, predominantly focused in the energy and mining sector.

He was previously employed by BioTherm Energy, an African focused Independent Power Producer and has over 10 years of dedicated project finance and renewable energy development and investment experience. Before BioTherm Energy he worked at Barrick Gold and PwC in the capacity of Regional Controller for Africa and Assistant Manager, respectively.

ALOYSIUS JACOBS

EXECUTIVE FINANCE

Aloysius Jacobs is an executive at AREP, has 15 years investment experience and is a CA(SA) and CFA Charter holder. 15 years investment experience. Chief Operations Officer, Ubuntu-Botho Investment Holdings (6 years) Research Analyst, Sanlam Investment Management GLOBAL (5 years) Finance executive, African Rainbow and Energy and Power (4 years) CA(SA) and CFA Charter holder

TOM BOARDMAN

NON-EXECUTIVE DIRECTOR

Tom Boardman, who has a BCom and CA(SA), was chief executive of Nedbank Group from December 2003 to February 2010. Prior to this, he was chief executive and executive director of BoE, which was acquired by Nedbank in 2002. He was the founding shareholder and managing director of Boardmans, which he sold to Pick n Pay in 2006 (it is now owned by Edcon).

He was managing director of Sam Newman and worked for Anglo American for three years. He served his articles at Deloitte. He is a non-executive director of Nedbank Group, Woolworths Holdings and Royal Bafokeng Holdings.

Boardman has also been appointed non-executivedirector of Kinnevik, a listed Swedish investment company. He is also a director of The Peace Parks Foundation, chairman of The David Rattray Foundation and serves as a trustee for a number of other charitable foundations.

ALEX MADITSI

NON-EXECUTIVE DIRECTOR

Alex Maditsi became the Lead Independent Non-executive Director in 2015. Alex is Managing Director of Copper Moon Trading (Pty) Ltd. Previously, he was employed by Coca-Cola South Africa as a Franchise Director for South Africa. He was Country Manager for Kenya, Senior Director: Operations Planning and Legal Director for Coca-Cola Southern and East Africa. Prior to joining Coca-Cola, Alex was the Legal Director for Global Business Connections in Detroit, Michigan.

He also spent time at Lewis, White and Clay, The Ford Motor Company and Schering-Plough in the USA, practising as an attorney.

Alex was a Fulbright Scholar and a member of the Harvard LLM Association. Alex’s directorships include Bidvest Group Limited and Sterling Debt Recoveries (Pty) Ltd.

THANDABANTU NHLAPO

NON-EXECUTIVE DIRECTOR

Thandabantu Nhlapo has had an academic career spanning over three decades of research, writing, teaching, public service and social activism. He was a Deputy Vice-Chancellor at the University of Cape Town from 2004, and senior DVC from 2009 until his retirement with the title of Professor Emeritus in September 2014.

From 2004 to 2007, Thandabantu was the Chair the Commission on Traditional Leadership Disputes and Claims (which came to be known as the Nhlapo Commission), appointed by President Mbeki to investigate disputes and claims arising in the traditional leadership sector.

From 2000 to 2004, Nhlapo was Deputy Chief of Mission and Deputy Ambassador at the Embassy of South Africa in Washington DC

REJOICE SIMELANE

NON-EXECUTIVE DIRECTOR

With several degrees under her belt – a BA, MA, PhD and LLB – Rejoice Simelane started her career as a lecturer in economics at the University of Swaziland. Between 1998 and 2001 she worked at the Department of Trade and Industry and at National Treasury.

She later served as Special Adviser: Economics to the then Premier of Mpumalanga until mid-2004 when she assumed the position of Chief Executive of Ubuntu-Botho Investments.

Rejoice’s directorships include Sanlam and Mamelodi Sundowns Football Club. A recipient of a CIDA Scholarship and a Fulbright Fellow, she also served as a member of the Presidential Economic Advisory Panel under former President Mbeki until 2009.

In addition, she was a member of the advisory board of the Bureau for Economic Policy Analysis of the University of Pretoria.

JAN STEENKAMP

NON-EXECUTIVE DIRECTOR

Jan is a Mining Engineer. He started in the Mining Industry 43 years ago and is employed by African Rainbow Minerals Limited (ARM).

He has spent his mining career in a number of divisions and commodities such as Gold, Copper, Chrome, Manganese, Iron Ore and Platinum.

Jan has been appointed in a number of Executive Positions during his career.

He currently serves as;  Chief Executive Strategic Services and Exploration, ARM – Director/Deputy Chairman of Sakura and Deputy Chairman of Assmang.

BERNARD SWANEPOEL

NON-EXECUTIVE DIRECTOR

Bernard Swanepoel started his career with Gengoldin 1983, culminating in his appointment as General Manager of Beatrix Mines in 1993. He joined Randgold in 1995 as Managing Director of Harmony Mine.

He was appointed Chief Executive Officer of Harmony in 1997. In August 2007, he left Harmony to start To The Point Growth Specialists. Bernard is a Non-executive Board member of Eqstra Limited.

He is a Director of various companies, including Zimplats Limited and Impala Platinum Holdings Limited.

MIKE ARNOLD

NON-EXECUTIVE DIRECTOR

Mike Arnold’s working career started in the mining industry in 1980 when he was employed as a Geologist at Anglo American Corporation. He qualified as a Chartered Accountant (SA) in 1987 and completed his articles at a large South African auditing firm. Mike joined ARM in 1999 as the Group Financial Manager of Avgold Limited and in 2003 was appointed as its Financial Director. He was appointed Executive Finance of ARM as the Chief Financial Officer of ARM in 2008 and as Financial Director of ARM in 2009. After eight years as Financial Director, Mike retired as Financial Director of ARM on 10 December 2017, having reached the Company’s normal retirement age of 60 years in July 2017. Mr Arnold remains on the ARM Board as a Non-executive Director with effect from the date of his retirement.

MAX SISULU

NON-EXECUTIVE DIRECTOR

Max Sisulu is currently a visiting research fellow, with the Wits school of Governance, University of the Witwatersrand, And, he has also begun preparatory work on his autobiography. Max is a former long-standing member of the National Executive Committee (NEC) of the African National Congress (ANC) and served on its National Working Committee (NWC) as well as on numerous NEC sub-committee structures such as Economic Transformation, Education and Health, and Legislature and Governance. In 1991, upon returning from exile Sisulu established and became the first director of an ANC economic think-tank, the National Institute of Economic Polices (NIEP) based in Johannesburg. From November 1998-2003, he held the position of Deputy Chief Executive officer of Denel. From 2001 to 2003 he was chairman of the Southern African Aerospace, Maritime and Defense Industries (AMD) Association.

From 2003- 2006, He joined Sasol and served as one of its Group General Managers. He is the former speaker of the National Parliament, having served in the third Parliament from 2009-2014. Prior to that, in 1994 As a member of Parliament he served as chairperson of the Parliamentary committee on the Reconstruction and development (RDP). In 1996, he was appointed chief whip of the majority party in Parliament the ANC (African National Congress). Sisulu, a trained and qualified economist has served in several positions within private and government sectors and holds numerous non-executive directorships in various private sector companies.