Board of Directors
Vusi Sithole has extensive experience in the insurance industry. He has held the position of CEO at Afgen Insurance and that of Senior Manager at African Life. He headed a subsidiary of Hollard Insurance as Executive Chairman. He is chairman of Phakama Investment holdings. Mr. Sithole has a Master’s Degree in Business Administration from Business School Netherlands. He also holds an Executive Management Diploma from Cranfield University School of Management (UK), Georgetown University (USA), London Guildhall University and the International Law Institute (Italy) In 2004, he won the ABSIP Career Achievement Award and in 2012, he was honoured with the coveted BBQ Businessman of the Year Award.
Sipho Majombozi - Chairman
Sipho Majombozi is a Businessman who has a repertoire of experience and skills that include: - Board leadership and dictatorship, preceded by senior management experience in the private, state owned enterprise, as well as non-governmental organization sectors. - Board membership of development finance institutions. - Experience with regulatory bodies, including private security and gambling industries. - Many years of experience working with government in providing strategic guidance and development of strategies. Implementing policies and governance.
Brian Seach has over 40 years experience in the short term insurance industry and has moved through the company and broker ranks, reaching CEO and Chairman level of both insurance and broker organisations in South Africa and London. He has served as director of several large companies (listed and private) and also as executive and non-executive chairman. Mr. Seach’s expertise ranges from business and management skills, including compliance and acquisitions. He is a Fellow of the South African Insurance Institute as well as a Fellow of the Chartered Institute of London.
Lerato Thwane’s has a strong background in accounting, auditing, financial planning and development finance. She holds a Bachelor of Accounting Sciences from Unisa and a Post Graduate Diploma in Development Finance from the University of Stellenbosch Business School. She has worked in numerous organisations which include the Department of Cooperative Governance, the Development Bank of South Africa, Hibiscus Coast Municipality and the Private Security Industry Regulatory Authority. Her roles and responsibilities spanning over 18 years include developing innovative funding strategies; developing and executing financial turnaround strategies as well as running support programs to improve financial management and audit outcomes. As a previous Chief Financial Officer she has hands on experience in financial management, reporting and audit management; financial analysis and budget management; investments, borrowings and risk management; strategic management and resource optimisation.
Haydn Davies is a partner in the corporate practice of Webber Wentzel. He specialises in mergers and acquisitions, commercial law, aviation and insolvency and business rescue. Mr. Davies represents the South African interests of many of the world’s best known companies. His expertise has been recognised by various international research organisations. Mr. Davies holds a BA (Honours), LLB and LLM degree from the University of the Witwatersrand. He also has a Higher Diploma in Advanced Company Law from the same institution.
Nokhana holds BComm (Rhodes) and LLB (Natal) degree. She is an admired attorney with over 20 years of experience and previously worked at the firm Mlaba and partners. She has served in various capacities in government , including National (Labour), Provincial (Housing) government levels. She has served as the Head of Legal and Compliance Services for eThekwini Municipality for the past thirteen (13) years.