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Directors

Ronald Napier Name: Ronald Napier
Role: Chairman of the Board of Directors (Independent Non-Executive)
Group Nominations Committee Chairman
Group Remuneration Committee Member
Ronnie is a former senior partner of law firm Webber Wentzel, having spent over 50 years practicing law. He presently serves as a consultant to the firm having retired as a partner in 2001. Ronnie is a former Lloyd’s representative in South Africa and also served on the Board of the South African Insurance Association for 20 years, having held the position of Chairman. He is the current Chairman of the Insurance Crime Bureau, Chairman of the Fire Protection Association, Chairman of Sunderland Marine Insurance Company and a Board member of Business Against Crime. Ronnie holds a BA LLB MA (Oxford) degree.
   
Jabulani Mahlangu Name: Jabulani Mahlangu
Role: Non-Executive Director (Independent)
Group Audit and Risk Committee Chairman
Group Nominations Committee Member
Group Remuneration Committee Member
Jabu completed his articles with PwC in 1996. He joined the Offices for Serious Economic Offences in 1998 and in 2000 returned to the offices of PwC where he was appointed as head of the PwC Forensic Services practice in Gauteng and was admitted as a partner in 2002. Jabu founded Ligwa Advisory Services and has a diverse client base. He has performed audit and forensic related assignments internationally and in addition carried out various statutory appointments. Jabu has served as Inspector of Companies in terms of the Companies Act, 61 of 1973, Curator in terms of the Financial Services Board Act, 97 of 1990 and as a curator bonis in terms of the Prevention of Organised Crime Act, 121 of 1998. Jabu holds a B.Com (Acc), B.Compt (Hons) and CTA, CA (SA) degree.
   
David Harpur Name: David Harpur
Role: Non-Executive Director (Independent)
Group Remuneration Committee Chairman
Group Audit and Risk Committee Member
Group Nominations Committee Member
David has been in the insurance industry for over 45 years. He has served as President of the Insurance Institute of South Africa on two occasions, for the years 2000/1 and 2007/8. He is the past President of the Financial Intermediaries Federation of South Africa (FIFSA), the Insurance Institute of Gauteng and the South African Financial Services Intermediaries Association (SAFSIA), now FIA. He served as a member of the Policy Board for Financial Services and Regulation as appointed by the Minister of Finance for 7 years. He was, until November 2008, a non-executive director of Glenrand MIB Limited, having retired as Chief Executive of the group in 2005 after 16 years. He led a management buy-out of MIB from Sysfrets/Nedcor in 1990, which was the largest MBO in the South African insurance industry at the time.
   
Rosetta Xaba Name: Rosetta Xaba
Role: Non-Executive Director (Independent)
Group Social and Ethics Committee Chairperson
Group Risk and Audit Committee Member
Rosetta is a chartered accountant and a registered auditor. She served her articles and qualified with KPMG in 2001. She worked up to manager level in internal and external auditing. Rosetta then moved to Deloitte Consulting, where she worked as manager for the Business Process Outsourcing unit, which specialized in public sector entities. This is where she gained invaluable experience in the public-sector industry. Rosetta is the founder and Director of Rossal No 98, a consulting, auditing and business advisory services company. She has been running the company since 2007. Through her company, she is able to provide auditing, accounting, business advisory services to the public sector, SMMEs and NGOs clients. Rosetta is currently a non- executive director at Technology Innovation Hub, a public entity under the Department of Science and Technology. She is a Treasurer and past Chairperson of the Little Eden Society for the Care of Persons with Mental Handicap. She is also a non-executive and Chairperson of the audit committee for FINBOND Limited Group. It is through her involvement in FINBOND Group Limited that she gained experience in the regulatory and compliance environment of the financial services sector.
   
Barry Scott Name: Barry Scott
Role: Non-Executive Director (Independent)
Group Social and Ethics Committee Member
Group Investment Committee Member
Barry graduated from the University of Natal in Electrical Engineering, specialising in Information Technology. He spent ten years with AECI Group, as a chemical plant engineer involved in computerised process control automation, and with the centralised engineering department doing development of computerised plant design systems. Barry was CEO of an information technology services company, developing bespoke computer systems for major customers and also CEO of the South African Insurance Association (SAIA), including Managing Director of the Intermediaries Guarantee Facility (IGF), Chairman of the South African Pool for the Insurance of Nuclear Risks, Chairman of the South African Pool Administrators (a Lloyd’s cover holder), international Nuclear Pools Reviewing Chairman, Board member of IGF, Business Against Crime, Inseta, Insurance Institute of South Africa (IISA), STRIDE, Policy Board for Financial Services (advisory council to the Minister of Finance), Ombudsman for Short-term Insurance, Financial Sector Charter Council, South African Insurance Crime Bureau, Business Unity South Africa. Barry was the Chief Operations Officer of the Fulcrum Group for six months. Barry is also a non-executive director of the Insurance Sector Education and Training Authority (Inseta), the Insurance Institute of South Africa (IISA), fellow member of the Institute of Directors of South Africa (F.Inst.D).
   
Adrian J Maizey Name: Adrian J Maizey
Role: Non-Executive Director
Group Investment Committee Member
Adrian is a partner at Protea Asset Management LLC (“Protea”) and a member of Riskowitz Capital Management LLC (the General Partner of Riskowitz Value Fund LP, a value investment fund) and has extensive experience in managing investment firms focused on controlling ownership stakes in both private and public companies. Adrian holds the Chief Financial Officer and President titles for Protea and, in this capacity, sources capital and investment opportunities, provides guidance to portfolio companies, evaluates and monitors investments, and is responsible for Protea’s financial, legal, regulatory, marketing and tax activities. Before joining Protea, Adrian was Chief Operating Officer and Chief Compliance Officer of Leonard Green & Partners, LP, a Los Angeles based private equity firm. Prior to that, Adrian was a partner at Redbird Capital Partners LLC, a New York City based private equity firm. Adrian also formerly held the positions of Chief Financial Officer and Chief Compliance Officer of ESL Investments, Inc., a well-known value investment fund. Adrian was the CEO and founder of Rand Group, LLC which provided a full spectrum of support and advisory services to hedge funds and high net worth family offices including regulatory compliance, accounting, tax, estate, treasury, technology, administrative, and legal support services. Adrian was Chief Financial Officer of Motherrock LP, an energy derivatives hedge fund. Prior to that, Adrian spent a decade with Deloitte & Touche LLP (“Deloitte”) serving primarily the investment management and energy industries as a management consultant and member of Deloitte’s Financial Advisory Services, Corporate Finance, and Energy Trading Risk management practices. Adrian holds an MBA from Harvard Business School (2003) and a bachelor of Business Administration degree with distinction in Accounting from the University of Nebraska (1996) and is a Certified Public Accountant.
   
Sean Riskowitz Name: Sean Riskowitz
Role: Executive Director and Chief Executive Officer
 
Sean is a founder and executive director of Midbrook Lane Proprietary Limited, a private investment company. He is the founder and Managing Member of Riskowitz Capital Management LLC (the General Partner of the Riskowitz Value Fund LP) and the Managing Member of Protea Asset Management LLC, and investment management business, both of which entities are incorporated in the United States of America. Sean has over a decade of formal investment industry experience. Sean holds a BCom (Fin) degree.
   
Lourens Erasmus Louw Name: Gavin Toet
Role: Executive Director and Chief Operating Officer
 
Gavin was involved in the printing industry for 6 years. In 1999, he joined the Altmedia Group, where he ultimately held the position of General Manager. Gavin joined Conduit Capital in June 2005 and currently holds the position of Chief Operating Officer. He carries out a broad range of responsibilities, mainly operational in nature, and serves on numerous Boards and Executive Management Committees within the Conduit Group.
   
Lourens Erasmus Louw Name: Lourens Erasmus Louw
Role: Financial Director
 
Lourens studied at the University of Stellenbosch, after which he moved to Johannesburg and qualified as a member of the SA Institute of Stockbrokers. In 1996 Lourens was appointed Financial Director and Compliance Officer of stock broking firm Irish & Menell Rosenberg (Pty) Ltd and its successors in the Appleton Group. He remained with Appleton until June 2003 when he joined Conduit Capital. Lourens became the Financial Director of Conduit Capital in October 2004.
   
Tyrone Moodley Name: Tyrone Moodley
Role: Executive Director
Tyrone is a founder and Chief Executive Officer of Midbrook Lane Proprietary Limited, a private investment company. His career began at Sasfin Securities as a Research Analyst before he left to start Midbrook. Tyrone obtained a Bachelor of Commerce Degree from the University of Johannesburg and is a Senior Advisor to Protea Asset Management LLC, an investment advisor based in the United States. He has more than 10 years of investment and investment company experience.