Board of directors

PC Baloyi PC Baloyi
PC Baloyi

Paul Cambo Baloyi (61)

Independent non-executive chairman

MBA (University of Manchester), senior executive programme (Harvard Business School), management development programme (University of Stellenbosch)

Paul has over 25 years’ banking experience and previously headed the Development Bank of Southern Africa (DBSA) and DBSA Development Fund. Prior to 2006, he was managing director of Nedbank Africa and a divisional director of Nedbank SA. He is a non-executive director on various boards.

Committee
Nominations and investment.

Appointed to the board in October 2012 and as chairman in January 2015.

ACG Molusi ACG Molusi
ACG Molusi

Andrew Conway Gaorekwe Molusi (55)

Non-executive director

Qualifications: MA (Notre Dame, USA), BJourn (Rhodes)

Connie is chairman of the SIOC Community Development Trust and chief executive officer of Kabo Capital. He has 25 years’ board experience and South African business knowledge, and served as group chief executive officer of Johnnic Communications Limited from 2000 to 2006. He is a director of African Media and Entertainment Limited (chairman), Caxton and CTP Publishers and Printers Limited, and Continental Coal Limited.

Committees
Remuneration; risk; social, ethics and transformation.

Appointed to the board in March 2013.

K Mapasa

Khathutshelo K2 Mapasa (40)

CEO

Qualifications: BSc chem eng (UCT), programme for management development (Harvard), management of mining and mineral policy (Wits)

Khathutshelo Mapasa was appointed as the CEO and Managing Director of the Company on 23 October 2017. He began his career at Basil Read in 2014 as executive officer of the mining division and an executive committee member. In this role, Khathutshelo successfully led the division to the improvement in all key indicators in a subdued sector, including a 27% revenue increase and a 34% operating profit increase in 2016, compared to the prior year. The new contracts exceeding R900 million awarded to the mining division in 2016 have made a healthy contribution to the Basil Read order book.

Prior to joining Basil Read, Khathutshelo held several domestic and international senior positions within the De Beers group. In his 16 years in the mining industry he has spearheaded various projects that resulted in business performance turnaround and improved project management, including the development and facilitation of a new business strategy to respond to market changes, ensuring both the survival and sustainable performance of businesses he has been involved in.

Khathutshelo serves on the board of directors of Argent Industrial Limited, a JSE-listed industrial company; as well as a privately owned South African Original Equipment Manufacturing company called Kwatani (formerly Joest).

Independent director

Executive committee

K Mapasa

Khathutshelo K2 Mapasa (40)

CEO

Qualifications: BSc chem eng (UCT), programme for management development (Harvard), management of mining and mineral policy (Wits)

Khathutshelo Mapasa was appointed as the CEO and Managing Director of the Company on 23 October 2017. He began his career at Basil Read in 2014 as executive officer of the mining division and an executive committee member. In this role, Khathutshelo successfully led the division to the improvement in all key indicators in a subdued sector, including a 27% revenue increase and a 34% operating profit increase in 2016, compared to the prior year. The new contracts exceeding R900 million awarded to the mining division in 2016 have made a healthy contribution to the Basil Read order book.

Prior to joining Basil Read, Khathutshelo held several domestic and international senior positions within the De Beers group. In his 16 years in the mining industry he has spearheaded various projects that resulted in business performance turnaround and improved project management, including the development and facilitation of a new business strategy to respond to market changes, ensuring both the survival and sustainable performance of businesses he has been involved in.

Khathutshelo serves on the board of directors of Argent Industrial Limited, a JSE-listed industrial company; as well as a privately owned South African Original Equipment Manufacturing company called Kwatani (formerly Joest).

E Mohube

Esther Mohube

N Milne

Norman Milne

N Williams

Nathan Williams