Investec Bank Management Team

Investec Bank Management Team

Below is the information on the Investec Bank Management Team

Executive Directors

Fani Titi, chairman


Qualifications
BSc (Hons), MA, MBA

Relevant skills and experience
Fani is chairman of Investec Bank Limited, Investec Bank plc, former chairman of Tiso Group Ltd and former deputy chairman of the Bidvest Group.

He is an experienced non-executive director and chairman, having served on the boards of some of South Africa’s largest corporates.

Other principal appointments
Investec Asset Management Holdings (Pty) Ltd, Investec Asset Management Ltd, Kumba Iron Ore Ltd (chairman), MRC Media (Pty) Ltd and other Investec subsidiaries.

Committees
DLC remuneration, DLC board risk and capital, DLC nominations and directors’ affairs (chairman) and DLC social and ethics (chairman).

Date of appointment
Investec Limited and Investec plc 30 January 2004

Stephen Koseff, group chief executive officer

Qualifications
BCom, CA(SA), H Dip BDP, MBA

Relevant skills and experience
Stephen joined Investec in 1980. He has diverse experience within Investec as chief accounting officer and general manager of banking, treasury and merchant banking.

Other principal appointments
Investec Bank Limited, Investec Bank plc and a number of Investec subsidiaries.

Committees
DLC board risk and capital, DLC social and ethics and DLC capital (chairman).

Date of appointment

Investec Limited 6 October 1986
Investec plc 26 June 2002

Bernard Kantor, managing director

Qualifications
CTA

Relevant skills and experience

Bernard joined Investec in 1980. He has had varied experience within Investec as a manager of the trading division, marketing manager and chief operating officer.

Other principal appointments
Phumelela Gaming and Leisure Ltd, Investec Bank Limited, Investec Bank plc and a number of Investec subsidiaries.

Committees
DLC board risk and capital, DLC social and ethics and DLC capital.

Date of appointment

Investec Limited 9 June 1987
Investec plc 19 March 2002

Glynn R Burger, group risk and finance director

Qualifications
BAcc, CA(SA), H Dip BDP, MBL

Relevant skills and experience
Glynn joined Investec in 1980. His positions within Investec have included chief accounting  officer, group risk manager and joint managing director for South Africa.

Other principal appointments

Investec Bank Limited and a number of Investec subsidiaries.

Committees

DLC board risk and capital and DLC capital.

Date of appointment

Investec Limited 03 July 2002
Investec plc 03 July 2002

Hendrik J du Toit, Investec Asset Management chief executive officer

Qualifications
BCom Law, BCom (Hons) (cum laude), MCom (cum laude), MPhil (Cambridge)

Relevant skills and experience

After lecturing economics at the University of Stellenbosch, Hendrik joined the Investment division of Old Mutual from where he moved to Investec in 1991 to establish Investec Asset Management.

Other principal appointments

Investec Asset Management Holdings (Pty) Ltd and Investec Asset Management Ltd as well as their subsidiaries. Non-executive Director of Naspers Ltd. Hendrik also serves on the Global Business Commission for Sustainable Development.

Committees
None

Date of appointment
Investec Limited 15 December 2010
Investec plc 15 December 2010

Perry KO Crosthwaite, senior independent director

Qualifications
MA (Hons) in modern languages

Relevant skills and experience
Perry is a former chairman of Investec Investment Banking and Securities.

Other principal appointments

Investec Bank plc, Investec Holdings (Ireland) Ltd (chairman) and Investec Capital and Investments (Ireland) Ltd.

Committees
DLC remuneration (chairman) and DLC nominations and directors’ affairs.

Date of appointment
Investec Limited 18 June 2010
Investec plc 18 June 2010

Non-Executive Directors

Zarina BM Bassa, independent non-executive director

Qualifications
BAcc, DipAcc, CA(SA)

Relevant skills and experience

Zarina is a former partner of Ernst & Young Inc., she joined the Absa Group in 2002 and was an executive director and a member of the bank’s executive committee, with accountability for private banking. She has previously chaired the South African Public Accountants’ and Auditors’ Board and the South African Auditing Standards Board and has been a member of the JSE GAAP Monitoring Panel.

Other principal appointments

The Financial Services Board, Oceana Group Ltd, Sun International Ltd, Vodacom (Pty) Ltd and Woolworths Holdings Ltd, and a number of Investec subsidiaries.

Committees
DLC audit (chairman)*, Investec plc and Investec Bank plc audit (chairman)*, Investec Limited and Investec Bank Limited audit (chairman)*, DLC remuneration, DLC nominations and directors affairs and DLC board risk and capital. * Appointed as chair on 1 April 2017

Date of appointment
Investec Limited 1 November 2014
Investec plc 1 November 2014

Laurel C Bowden, independent non-executive director

Relevant skills and experience
Laurel is a partner at 83North (a private equity business), where her areas of focus include internet, enterprise software and fintech. Laurel has over 15 years’ investment experience and has led investments in many leading European technology companies, including Just Eat, Qliktech and Hybris (acquired by SAP). She was previously a director at GE Capital in London.

Other principal appointments
Bluevine Capital Inc, Ebury Partners Ltd, iZettle AB, Celonis GMBH, Mirakl SAS, Wonga Group Ltd, MotorK Ltd, Workable Technology Ltd (the majority of these are companies which Laurel serves on as a representative of 83North).

Committees
DLC audit, Investec plc audit and Investec Bank plc audit and Investec Limited and Investec Bank Limited audit.

Date of appointment
Investec Limited 1 January 2015
Investec plc 1 January 2015

Cheryl A Carolus, independent non-executive director



Qualifications
BA (Law), Honorary doctorate in Law

Relevant skills and experience

Cheryl was the South African High Commissioner to London between 1998 and 2001 and was chief executive officer of South African Tourism.

Other principal appointments
De Beers Consolidated Mines Ltd, Gold Fields Ltd (chair), Mercedes-Benz South Africa (Pty) Ltd, WWF South Africa and International, The IQ Business Group (Pty) Ltd, Ponahalo Capital (Pty) Ltd, Investec Asset Management Holdings (Pty) Ltd, Investec Asset Management Ltd, executive chairperson of Peotona Group Holdings (Pty) Ltd (chair) and director of a number of the Peotona group companies and International Crisis Group.

Committees
DLC social and ethics.

Date of appointment
Investec Limited 18 March 2005
Investec plc 18 March 2005

David Friedland, independent non-executive director

Qualifications
BCom, CA(SA)

Relevant skills and experience

David is a former partner of both Arthur Andersen and KPMG Inc. where he also served as head of audit and risk in KPMG, Cape Town office.

Other principal appointments

Investec Bank Limited, Investec Bank plc, The Foschini Group Ltd, Pick n Pay Stores Ltd and Pres Les (Pty) Ltd.

Committees
DLC audit*, Investec plc and Investec Bank plc audit*, Investec Limited and Investec Bank Limited audit*, DLC board risk and capital (chairman), DLC capital and DLC nominations and directors’ affairs.

* David resigned from these committees with effect from 1 April 2017.

Date of appointment

Investec Limited 1 March 2013
Investec plc 1 March 2013

Charles R Jacobs, independent non-executive director

Qualifications
LLB

Relevant skills and experience

Charles brings to the board a valuable combination of knowledge of the UK regulatory and corporate governance standards, global capital markets and M&A. Charles was elected as chairman and senior partner at the global law firm Linklaters LLP in October 2016, having been appointed a partner in 1999, and has over 26 years of experience of advising companies around the world, including in relation to their legal and regulatory requirements. Charles sits on the board of Fresnillo plc, a FTSE 100 company, and is chairman of their remuneration committee. Charles chairs the Linklaters Partnership Board and holds an LLB from Leicester University.

Other principal appointments
Linklaters LLP and Fresnillo plc (senior independent non-executive director and chairman of the remuneration committee).

Committees
DLC remuneration.

Date of appointment
Investec Limited 8 August 2014
Investec plc 8 August 2014

Ian R Kantor, non-executive director

Qualifications
BSc (Eng), MBA

Relevant skills and experience
Ian is co-founder of Investec, served as the chief executive of Investec Bank Limited until 1985 and was the former chairman of Investec Holdings Ltd. Ian is currently a non-executive director on the boards of Investec Asset Management Holdings (Pty) Ltd and Investec Asset Management Limited.

Other principal appointments
Chairman of Blue Marlin Holdings SA (formerly Insinger de Beaufort Holdings SA (in which Investec Ltd indirectly holds an 8.6% interest) and chairman of the Supervisory Board of Bank Insinger de Beaufort NV.

Committees
None

Date of appointment
Investec Limited 30 July 1980
Investec plc 26 June 2002

Lord Malloch-Brown KCMG, independent non-executive director

Qualifications
BEcon, CA(England & Wales)

Relevant skills and experience
Lord Malloch-Brown is chairman of SGO Corporation Ltd and Senior Advisor to the Eurasia Group, he was UK government minister and member of the cabinet. Lord Malloch-Brown was formerly the deputy secretary-general of the United Nations as well as a vicepresident at the World Bank and head of United Nations Development Programme and a journalist at the Economist with wide ranging experience of boards.

Other principal appointments
Seplat Petroleum Development Company plc and Smartmatic Ltd.

Committees
DLC social and ethics.

Date of appointment
Investec Limited 8 August 2014
Investec plc 8 August 2014

Khumo L Shuenyane, independent non-executive director

Qualifications
BEcon, CA(England & Wales)

Relevant skills and experience

Khumo is a partner at Delta Partners, an advisory firm headquartered in Dubai and focused on the telecoms, technology and digital sectors across emerging markets. He also serves on the boards of Investec Bank Limited and Investec Property Fund Ltd. Between 2007 and 2013 Khumo served as Group Chief Mergers & Acquisitions Officer for MTN Group Ltd and was a member of its Group Executive Committee.

Khumo was previously head of Principal Investments at Investec Bank Limited. Prior to taking responsibility for the Principal Investments division in 2005, Khumo was a member of Investec’s Corporate Finance division for 7 years.

Prior to joining Investec in 1998 Khumo worked for Arthur Andersen for six years from 1992. He completed his articles during his first three years with the firm in Birmingham, England, qualifying as a member of the Institute of Chartered Accountants in England & Wales in 1995. He subsequently transferred to the firm’s Johannesburg office where he worked for a further three years before joining Investec.

Other principal appointments
Investec Life Limited, Investec Specialist Investments (RF) Limited and Investec Property Fund Ltd, Investec Employee Benefits Ltd.

Committees
DLC audit, Investec plc and Investec Bank plc audit, Investec Limited and Investec Bank Limited audit and DLC board risk and capital.

Date of appointment
Investec Limited 8 August 2014
Investec plc 8 August 2014

Peter RS Thomas, independent non-executive director

Qualifications
CA(SA)

Relevant skills and experience
Peter served as the Managing Director of The Unisec Group Ltd. Peter has broad experience in finance and various industrial companies. He also has an extensive background in commercial accounting.

Other principal appointments
Other directorships include: Investec Bank Limited, various Investec subsidiaries, JCI Ltd and various unlisted companies

Committees
DLC audit, Investec plc and Investec Bank plc audit, Investec Limited and Investec Bank Limited audit, DLC nominations and directors’ affairs and DLC social and ethics. He is also a member of the audit and risk committees in Mauritius, Australia and the USA.

Date of appointment
Investec Limited 29 June 1981
Investec plc 26 June 2002