The Northam board is diverse, consisting of eleven members. 27% of our board members hold engineering degrees, 27% are Chartered Accountants (SA) and the balance have relevant experience in corporate finance, mergers and acquisitions and other associated and requisite disciplines. Six board members, including our CEO, have extensive exposure and experience as CEOs.
Board structure
Non-executive directors: | Executive directors: | Independent non-executive directors: |
---|---|---|
TE Kgosi |
PA Dunne (Chief executive officer) AH Coetzee (Chief financial officer) |
MH Jonas (Chairman) HH Hickey WA Hanekom Dr NY Jekwa GT Lewis TI Mvusi JG Smithies G Wildschutt |
Independent non-executive
![MH Jonas [photo]](/images/northam/mh-jonas-thumbnail.png)
MH Jonas
Independent chairman
BA (History and Sociology)
Board member of Northam Holdings since September 2021 and of the group since November 2018.
Other listed directorships: Independent chairman of the MTN Group Limited and independent non-executive director of Northam Platinum Limited (a subsidiary of Northam Holdings)..
Experience: One of four independent presidential investment envoys appointed by President Cyril Ramaphosa to attract investors to South Africa. Former deputy finance minister of the South African Government from 2014 to 2017 and member of the National Assembly until April 2017. Former chairman and non-executive director of the Public Investment Corporation (SOC) Limited.
![HH Hickey [photo]](/images/northam/hh-hickey-thumbnail.png)
HH Hickey
Lead independent director
CA (SA)
Board member of Northam Holdings since September 2021 and of the group since January 2016.
Other listed directorships: Independent non-executive director of Pepkor Holdings Limited and Northam Platinum Limited (a subsidiary of Northam Holdings).
Experience: A Chartered Accountant with over 35 years of experience in auditing, risk management and governance and former chairman of SAICA.
![TI Mvusi [photo]](/images/northam/WA-Hanekom-thumbnail.png)
WA Hanekom
CA (SA)
Board member of Northam Holdings since December 2024.
Other listed directorships: Independent non-executive director of Sea Harvest Group and non executive chairperson of Quantum Foods Holdings.
Experience: A Chartered Accountant with 36-years experience in financial management including CFO and CEO positions at Bokomo Group and managing director of Pioneer Foods.
![Dr NY Jekwa [photo]](/images/northam/ny-jekwa-thumbnail.png)
Dr NY Jekwa
MBA (Finance), MBBCh (Bachelor of Medicine and Bachelor of Surgery), MIoDSA
Board member of Northam Holdings since September 2021 and of the group since November 2017.
Other listed directorships: Independent non-executive director of Brait PLC, and Thungela Resources Limited..
Experience: Former CEO of Mergence Investment Managers Proprietary Limited, former head of capital raising at Coast2Coast Propriety Limited (a private equity firm) and has held senior positions in both structured and leveraged finance at Rand Merchant Bank and Nedbank Corporate and Investment Bank. Former independent non-executive director of Ascendis Health Limited.
![GT Lewis [photo]](/images/northam/gt-lewis-thumbnail.png)
GT Lewis (British)
BSc (Mining Engineering), MBA
Board member of Northam Holdings since September 2021 and of the group since December 2020.
Experience: Former CEO of Northam and general manager of Zondereinde. Instrumental in the development of Booysendal mine. Previously served as the former general manager of Gold Fields Ghana establishing the Tarkwa gold mine. Former chairman of the Ghana Chamber of Mines Technical Committee and has held a number of senior positions at various gold, coal and base metal mining operations.
![TI Mvusi [photo]](/images/northam/ti-mvusi-thumbnail.png)
TI Mvusi
BA, ELP, MAP, PDP
Board member of Northam Holdings since September 2021 and of the group since January 2016.
Other listed directorships: Independent non-executive chairman of Sanlam Limited and Independent non-executive director of Northam Platinum Limited (a subsidiary of Northam Holdings).
Experience: Previous chief executive and executive director responsible for market development at Sanlam. Also an exco member and executive head: external interface at Sanlam Investments Proprietary Limited. Former general manager of Gensec Property Services Limited and marketing manager of Franklin Templeton Asset Management and has held positions with various companies in the financial services industry.
![JG Smithies [photo]](/images/northam/jg-smithies-thumbnail.png)
JG Smithies (British)
BSc (Mining Engineering), BSc (Chemistry)
Board member of Northam Holdings since September 2021 and of the group since January 2017.
Experience: Former CEO and director of operations at Impala Platinum Holdings Limited (Implats).
![G Wildschutt [photo]](/images/northam/c-wildschutt-thumbnail.png)
G Wildschutt
M.Psych., MBA
Board member of Northam Holdings since March 2024. Other listed directorships: Independent non-executive director of Caledonia Mining Corporation Plc, a gold mining company listed on the New York Stock Exchange and on AIM, a sub-market of the London Stock Exchange.
Experience: Consultant to Anglo American PLC, Gold Fields Limited, Ivanhoe Mines Limited and Debswana Diamond Company Limited on a range of environmental, social and governance (ESG) topics. Serves on the Climate Change Advisory Panel of Sasol Limited.
Executive
![PA Dunne [photo]](/images/northam/pa-dunne-thumbnail.png)
PA Dunne
Chief executive officer
BSc (Hons), MBA
Board member of Northam Holdings since December 2020 and of the group since March 2014.
Other directorships: Non-executive director of the International Platinum Group Metals Association (IPA). Current vice president of the Minerals Council South Africa and chief executive officer of Northam Platinum Limited (a subsidiary of Northam Holdings).
Experience: Former executive director at Implats, responsible for all mining, concentrating and smelting operations at the group’s Rustenburg and Marula mines.
![AH Coetzee [photo]](/images/northam/ah-coetzee-thumbnail.png)
AH Coetzee
Chief financial officer
CA (SA)
Board member of Northam Holdings since December 2020 and of the group since November 2018.
Other directorships: Chief financial officer of Northam Platinum Limited (a subsidiary of Northam Holdings).
Experience: Joined Northam in December 2015 as the group financial controller and was appointed chief financial officer in November 2018. Former associate director at EY Inc. with more than 20 years’ experience in, and exposure to, the mining and manufacturing industries, including the auditing of large, listed and multi-locational organisations.
Non-executive
![TE Kgosi [photo]](/images/northam/te-kgosi-thumbnail.png)
TE Kgosi
BCom (Hons)
Board member of Northam Holdings since September 2021 and of the group since November 2004.
Experience: Former cluster manager – materials management (Gauteng and North West operating units) in supply chain operations, Eskom SOC Limited. Extensive experience in the mining and banking sector (specialising in treasury), having held positions at a number of South Africa’s main banking groups, as well as Credit Suisse First Boston (NY).
Board committee membership
Position | Audit & risk | Investment | Health, safety and environmental | Social, ethics, human resources and transformation | Remuneration | Nomination |
---|---|---|---|---|---|---|
Chairperson | HH Hickey | TI Mvusi | JG Smithies | TE Kgosi | HH Hickey | MH Jonas |
Member |
NY Jekwa WA Hanekom |
JG Smithies HH Hickey |
NY Jekwa GT Lewis PA Dunne |
NY Jekwa G Wildschutt |
TI Mvusi MH Jonas |
JG Smithies TE Kgosi |
Number of members | 3 | 3 | 4 | 3 | 3 | 3 |
Board and committee meetings
The board and its committees meet at least once a quarter; ad hoc meetings may also be called to consider specific issues. The investment committee and the nomination committee meet as and when required, which may be more or less than four times a year. All directors are required to declare their directorships and interests. At each board and committee meeting they are requested to declare any conflict of interest in matters pending.
Responsibility
The board is ultimately accountable for the performance and reputation of the group, ensuring that it continues to operate responsibly, ethically and sustainably. The board operates in terms of a board charter which defines its mandate, functions and responsibilities.
For further information on our governance: Corporate governance report 2024.
Board demographics
![Board demographics [graph]](/images/2024-board-demographics-graphv2.png)
Tenure
![Tenure [graph]](/images/2024-board-tenure-graph.png)
Board members with tenures over 9 years are the CEO and a non-executive director.
Board skills
![Board demographics [graph]](/images/2024-board-skills.png)
Finance | Mining | Audit & risk management | Investment management | M&A | Medical | Environmental, Social and Governance (ESG) |
---|---|---|---|---|---|---|
TI Mvusi HH Hickey AH Coetzee NY Jekwa MH Jonas TE Kgosi WA Hanekom |
PA Dunne JG Smithies GT Lewis |
HH Hickey AH Coetzee WA Hanekom |
TI Mvusi NY Jekwa WA Hanekom |
HH Hickey PA Dunne AH Coetzee NY Jekwa WA Hanekom |
NY Jekwa |
PA Dunne JG Smithies NY Jekwa GT Lewis |
Gender diversity
Female
45%
5
Male
55%
6
Target for female board representation: 20%
Age diversity
Oldest
member
79
Youngest
member
44
Average age of 63, with 20% aged under 50