Board of Directors

Sam Nematswerani
Chief Executive Officer:
AKA Capital (Pty) Ltd

Mr Nematswerani, a member of the Board since 2009, is a Chartered Accountant and a non-executive director of the company. He is the Chief Executive Officer of Aka Capital, a private equity and investment holding company. He has over fifteen years’ experience in accounting, auditing and investment banking. Mr Nematswerani was educated at the University of the Witwatersrand, where he received a Bachelor of Commerce, Bachelor of Accountancy and a Master of Commerce.

Arthur Gillis
Chief Executive Officer:
Platinum Hospitality Holdings

Mr Gillis serves as Director and Chief Executive Officer of the company.  He has 40 years of experience in the hospitality industry, including 30 years with Protea Hotels, including 26 of these years as Chief Executive Officer of Protea Hotels.  He received a National Diploma in Hotel Management from Johannesburg University and completed Cornell University’s first Advanced Management Programme.  The Protea Hotels Group grew from its four initial hotels to over 120 hotels, operating in seven African countries and Protea became the largest and leading hotel operating company in Africa.  On April 1, 2014, Mr Gillis facilitated the sale of Protea Hotels’ three brands and management company to Marriott International, Inc., a global hospitality giant, in order to fulfil the company’s unrealised potential in Africa.

Sam Hackner
Investec Property Fund

Mr Hackner is Chairman of Investec Property Fund, a JSE listed REIT which was launched by Investec in April 2011 at an initial market cap of R1,7bn and currently has assets of circa R30,0bn.

Mr Hackner completed his B.Comm (Hons), Higher Diploma in Accountancy, and CA (SA) at the University of Natal.

His previous positions held include:

  • Group Operations Director for Alexander Howden, an international insurance broker listed on the JSE.
  • Financial Director for I. Kuper and Co., a property administration and development company.
  • Director of Investec Property Group, a wholly owned subsidiary of Investec (which is dual listed on the LSE & JSE).
  • Group Managing Director, and later CEO for Investec Property Group. Mr Hackner was intimately involved in the growth of the Property Group.
  • Global Chairman of Investec Property.
  • Director of two variable loan stock companies, namely Growthpoint and Metprop.
  • Chairman of Growthpoint.  He was instrumental in growing the company’s worth from R35 million in 2002 to R22 billion in 2007.  Growthpoint is currently the largest property loan stock company listed on the JSE.
  • Managing Director of Investec Private Bank, South Africa.
  • CEO of Investec’s Global Private Bank. Mr Hackner was responsible for the growth and strategic development of the Private Bank in its target markets.  He retired from all operational responsibility in 2007.
Dr Reuel J Khoza
AKA Capital (Pty) Ltd

Dr Khoza has been a member of the Board since 2001. He is currently a major shareholder and Chairman of Aka Capital (Pty) Limited, an investment holding and private equity company with 15 investments in various industries under its umbrella; and since September 2015, Chairman of Globeleq and Dzana Investments (Pty) Ltd. He is also a former Chairman of Nedbank Limited, Nedbank Group, the founding Chairman of NEPAD Business Foundation and Director of Nampak Limited.

He is currently Fellow and President of the Institute of Directors in South Africa, Director of the International Integrated Reporting Council (IIRC), a former member of the Presidential Economic Advisory Panel (RSA), a former member of the Honorary International Investment Council of Nigeria, and a member, past director and patron of the Black Management Forum (BMF).

His qualifications include a BA Honours in Psychology (University of the North – now the University of Limpopo), a Masters in Marketing Management (University of Lancaster, UK), an Engineering Doctorate in Business (University of Warwick, UK), Chartered Director SA (CDSA), Professor Extraordinaire (University of Stellenbosch Business School), where he also guest-lectured in Business Strategy, Leadership and Corporate Governance.

Dr Khoza has been a Visiting Professor at the University of the Free State Business School, Wits Business School and Rhodes Business School, and in October 2007, Rhodes University conferred on him an honorary Doctorate in Law.

Lawrence Barnett
Investec Principal Investments

Mr Barnett completed his BCom (Finance) at Wits University, Honours in Finance at University of South Africa, and PLD at Harvard Business School. He joined Sasfin Bank in 1999 and spent a year in their Trade Finance division before moving to Corporate Finance where he spent a further five years. He then joined Investec’s Growth and Acquisition division as an external consultant for six years and eventually co-headed up the division. In 2012, he joined Investec Principal Investments as a consultant. Investec nominated Mr Barnett to the Board of Directors in 2013 and he serves as the Chairman of Platinum Hospitality Holdings’ Finance Committee.  He also currently serves on the boards of both Assupol and Autocast.

Nomfundo N Y U Ngcobo
Senior Corporate Finance Attorney:
Industrial Development Corporation of SA Limited

Ms Ngcobo has been serving as a non-executive director on the board of directors since 2012. She holds an LLB from the University of Witwatersrand and an LLM in Commercial Law from the University of South Africa. She is an admitted attorney having worked for Business Partners Limited, a niche risk finance company that provides customised financial solutions for formal small and medium enterprises (SMEs) in South Africa and selected African countries. Ms Ngcobo has also headed the legal division and the corporate secretariat division of NEHAWU Investment Holdings Proprietary Limited, a union-owned investment company. She is currently with the Industrial Development Corporation of South Africa Limited as a senior corporate finance attorney. She also sits on other boards, which include chairing the Workerslife Direct Proprietary Holdings. Ms Ngcobo is currently enrolled with GIBS (Gordon’s Institute of Business Science) studying towards an MBA.

Vusi M Nkonyane
Chief Executive Officer:
Prime Portfolio Investments "A"

Mr Nkonyane was appointed to the Board of Directors in 2009.

He spent 15 years of his career as a Human Resources Practitioner, working his way up to top management level.  He possesses outstanding interpersonal and leadership skills and is a highly effective communicator, as seen by his successful negotiations with labour organisations during the 15 years he held executive positions at Pick n Pay, Dorbyl and Legacy Hotels.

For his Masters’ degree research report, Mr Nkonyane chose to explore the field of “Competencies required in the changing role of Human Resources Management”, which equipped him with further insight and understanding of HR. Mr Nkonyane is currently a self-employed entrepreneur, overseeing the operations of his fast food outlet situated at Traders Square in Boksburg. He is also the Chief Executive of Prime Portfolio Investments “A”, a 100% BEE investment group, which has shareholdings in the Tsogo Group and Platinum Hospitality Holdings. He was appointed as a non-executive director to the Transnet Board in late 2014, where he’s also the chairperson of the REMSEC (Remuneration, Social and Ethics Committee). His qualifications include a BA in Social Sciences, a University Education Diploma (University of the North), Certificate Programme in Industrial Relations, Management Advancement Programme (Wits Business School) and a Masters in Management (Wits Business School).

William P D Ford
Platinum Hospitality Holdings

Mr Ford has served as a Non-Executive Director of the company since 2009. Having graduated from Brighton University in 1970 with a National Diploma in Hotel & Catering Management, he was then awarded Graduate Membership of the Hotel, Catering and Institutional Management Association and Graduate Membership of the UK Cookery and Food Association. Prior to joining the Executive Board of Protea Hotels in 1984, where he held positions as Regional Director of Operations and Group Operations Director, he held a number of management positions in the catering and hotel industries in South Africa. From 1980 to 1984, Mr Ford headed the inspectorate division of the South African Hotel Board, whose body was incorporated into The South African Tourism Board (Satour) in 1982. Mr Ford has held Non-Executive Directorships with the Tourism Grading Council of South Africa and with the South African Chef’s Association. He was awarded Fellowship of the Institute of Hospitality (UK) in 2007.