Scaw Metals Group
Logo

Board of Directors

The Scaw Board of Directors consists of three executive directors and a majority of non-executive directors who collectively have a diverse range of experience and expertise to guide and support the strategic objectives of the company in a manner that adds to the value of the company and is beneficial for all stakeholders in the long term.

As the 'directing mind of the company', the Board is committed to conducting the business with integrity and fairness, adhering to best practice, being transparent with regard to all transactions, making all the necessary d​isclosures and decisions, complying with the applicable laws and regulations, ensuring accountability and responsibility towards the stakeholders and commitment to conducting business in an ethical manner.

Neo Violet Mokhesi
Non-Executive Chairperson

Neo has a B.Com from the National University of Lesotho, MAP from Wits Business School and an Advanced Management Program from Insead, France. She has been an executive at the IDC for 12 years.She has held various management positions in FMCG and Publishing companies. Neo Also servesas a non -executive director on various other Boards of listed and non-listed comanies.  Read more...
Markus Hannemann
Chief Executive Officer (CEO)

Markus is the Chief Executive Officer (CEO) at Scaw with effect from 1 August 2013. Markus, a qualified Mechanical Engineer with a Master of Business Administration degree specialising in strategy and transformation management, has extensive experience within the Scaw Metals Group.Over a period of more than 25 years,he has been exposed to the vast majority of Scaw's businesses, both locally and internationally. Read more...

Nkosemntu Gladman Nika
Independent Non-Executive Director

Nkosemntu Nika qualified as a Chartered Accountant in 1987 with the firm of accountants WL Nkuhlu and Company (in association with Hoek and Wiehahn subsequently merged with PWC). In 1988 he left the profession and joined Anglo American as an internal auditor at head office.  Read more...
Vusi Opper Twala
Independent Non-Executive Director

Vusi holds a Bachelor of Science in accounting degree from Eastern University, St Davids, PA in the USA, a Master of Business Administration degree from Nijenrode University in Breukelen in the Netherlands and a Master of Development Finance from Stellenbosch University. He also has a qualification from Harvard University, USA. Read more...
Lucas Tseki
Chief Executive Officer (CEO): Southern Palace Holdings (Pty) Ltd

Lucas holds a B.Com in Information Systems, Corporate Finance and Investments. Currently he serves as the Chief Executive Officer (CEO) of Southern Palace Holdings (Pty) Ltd. Prior to joining Southern Palace Group, Lucas gained extensive management consulting and business turnaround experience with Accenture Read more...
Nokuzola Amanda Tsotsotso​
Non-Executive Director
 
Zola qualified as a Chartered Accountant and completed her articles at KPMG Johannesburg in 2005. Upon completing a full time MBA Programme at INSEAD Business School in France in July 2012, she joined Shanduka Resources in November 2012. Previously, Zola has worked for Rand Merchant Bank ("RMB"). Read more...
Ashley Basil Ally
Chief Executive Officer: Izingwe Holdings (Pty) Ltd
 
Ashley has qualifications in Electrical engineering, Town and regional planning, Business and Public Administration. Ashley Basil Ally is the Chief Executive Officer of Izingwe Holdings (Pty) Ltd, an investment company specializing in the areas of infrastructure development, industrial and mining services. Read more...
Ortal Sharp
Alternate Director

Ortal completed her articles at PriceWaterhouseCoopers and later managed teams in both South Africa and New York with a focus on hedge funds and private equity firms. Her focus includes maintaining and expanding the growing investment portfolio to maximize investment performance.Read more...
Phumzile Mohlakoana
Alternate Director

Phumzile serves on various boards of Phembani Group’s investee companies. She has been a Transactor in Phembani Group since December 2015.She joined the Shanduka Group Energy and Infrastructure Division in February 2013 as a Transactor.. Read more...

  


Board Committees

The following board committees have been formed to assist the Board to discharge its duties. These board committees are governed by their applicable Terms of Reference which have been approved by the Scaw Board of Directors.

Audit & Risk Committee (A & R Committee)

Mr Nkosemntu Nika (Chairman), Mr Ashley Ally and Mr Vusi Twala

The A & R Committee has an independent role with accountability to the Board and shareholders, where applicable. With regard to its non-statutory responsibilities, the A & R Committee operates an overseer and makes recommendations to the Board for its consideration and final approval.

The role of the Committee is to comply with its responsibilities relating to risk management, internal controls, accounting systems and information, accounting policies, internal audit, external audit, information technology systems, protection of assets and public reporting, and to monitor compliance with laws, rules, codes of conduct and standards.

Regarding its risk function, the role of the A & R Committee is to assist the Board to ensure that (i) the company implements an effective risk management policy and plan that will enhance the company's ability to achieve its strategic objectives, and (ii) disclosure regarding risk is comprehensive, timely and relevant.

Remuneration Committee (Remco)

Mr Vusi Twala (Chairman), Mr Ashley Ally, Ms Neo Mokhesi and Mr Lucas Tseki

The Remco has an independent role, operating as an overseer and makes recommendations to the Board for its consideration and final approval. The Remco does not assume the functions of management, which remain the responsibility of the executive directors, officers and other members of senior management.

The role of the Remco is to assist the Board to ensure that:

  • The company remunerates directors and executives fairly and responsibly;

  • Remuneration is competitive, accurate, complete and transparent; and

  • There is effective retention, succession planning and talent management.

Board Investment Committee (BIC)

​Mrs Zola Tsotsotso, Ms Ortal Sharp​ and Mr Lucas Tseki

​The BIC has an independent role, operating as a decision maker where applicable and as an overseer and a maker of recommendations to the Board for its consideration and final approval with respect to inter alia, new investments, budgeted capex, unbudgeted capex, sale or acquisition of businesses. The BIC performs its functions in accordance with the company's delegated levels of authority and further, does not assume the functions of management, which remain the responsibility of the executive directors, officers and other members of senior management.

​Social, Ethics & Transformation Committee (SET Committee)

​Ms Neo Mokhesi (Chairman), Mr Nkosemntu Nika, Mrs Zola Tsotsotso and Mr Vusi Twala

The SET Committee has a monitoring and reporting role with accountability to the Board. The SET Committee does not assume the functions of management, which remains the responsibility of the directors, officers and other members of senior management.

The role of the SET Committee is to assist the Board with monitoring and providing oversight of social, ethical and transformation matters related to the company and reporting thereon, as required. ​​​​​​​​​​​​​

Grinding MediaRolled ProductsCast ProductsWire Rod ProductsScrap Processing Division