Leadership

Chairperson and independent nonexecutive Director
MA Clinical Psychology

Ms Mgoduso started her career as a clinical psychologist, during which time she lectured at universities and practiced both in South Africa and abroad. She served as group HR executive at Transnet SOC Ltd and then as chief executive officer of Freight Dynamics. She later joined Imperial Logistics as group transformation executive. She left Imperial Logistics to serve as managing director of Ayavuna Women’s Investments (Ayavuna). After her time at Ayavuna, she spent time in strategic consulting and infrastructural development. She is currently a Trustee of Ayavuna Trust, a board member at Zimplats, where she chairs the remuneration committee. She is also the chairperson of Jojose Investments. She chairs the remuneration committee at the Competition Commission. Ms Mgoduso was appointed to the Metair board on 1 March 2016 and served as chairperson of the remuneration committee. She was appointed to the nominations committee with effect from 27 September 2018 and was appointed as lead independent director with effect from 17 February 2020. As she was appointed as chairperson of the board (subject to shareholder confirmation at this AGM) and chairperson of the nominations committee on 15 February 2023, she has consequently stepped down as the lead independent non-executive director and as the chairperson of the remuneration committee (but shall remain a member of this committee).

Independent non-executive director
BSc (Eng), AMP, ADP, MDP, GCC

Mr Mawasha has been CEO of Kolobe Nala Investment Company (KNI) since April 2019. Prior to KNI, he was Country Head – South Africa for Rio Tinto and Managing Director of Richard Bay Minerals. He previously held leadership, operational and technical roles at Anglo American (Kumba Iron Ore), the De Beers Group and AngloGold Ashanti. Mr Mawasha is passionate about education and the development of others. He is a member of the Witwatersrand University Mining Advisory Council. In 2017, he was selected as a Young Global Leader of the World Economic Forum. Mr Mawasha was appointed to the Metair board and the audit and risk committee on 1 March 2018. On 2 May 2019, he was appointed as chairperson of the investment committee. On 15 February 2023, he was appointed as the lead independent nonexecutive director of the company.

Independent non-executive director
Diplom-Betriebswirt

Mr Muell holds a Diplom-Betriebswirt (BA) from Berufsakademie Stuttgart, Germany, equivalent to a Bachelor of Commerce. He has over 30 years of experience in the motor industry and is the co-founder and CEO of Scientrix Holdings Limited (Scientrix). Prior to Scientrix, Mr Muell was the President and CEO of Mercedes-Benz Argentina S.A and held various other executive positions within the Daimler Group in Germany, Turkey, South Africa, Mexico and Argentina. He has multinational and broad cross functional management experience in the fields of finance and controlling, logistics, procurement, strategic planning, sustainability and stakeholder management. Mr Muell was appointed chairman of the social and ethics committee and as a member of the remuneration committee on 17 February 2020.

Independent non-executive director
BCom Accounting, BCom Accounting Honours, CA(SA), MBA

Ms Sithebe is a private equity investment professional with over a decade of experience in mergers and acquisitions (M&A) and corporate finance from a wide range of businesses primarily in the industrials value chain. Her career debut was with EY where she trained to qualify as a CA(SA) after which she established her own accounting and audit practice named Kamva Advisory from 2008 to 2011. Ms Sithebe later went on to join the Industrial Development Corporation of South Africa (IDC) where she was a Senior Dealmaker. Ms Sithebe until 2020 was Principal at African Phoenix Investments Limited, with a focus on midmarket focused private equity investment firm. Ms Sithebe is currently Managing Director of Kamva Investments, an investment holding entity with a focus on unlisted investments and M&A advisory. Ms Sithebe also serves on the boards of Altron Limited and Dis-Chem Pharmacies Limited. Ms Sithebe holds a BCom Acc (RAU) with Honours (UNISA) and an MBA from GIBS.

Ms Sithebe was appointed as an independent non-executive director and a member of the audit and risk committee with effect from 1 January 2021 and to the social and ethics committee with effect from 29 January 2021.

Independent non-executive director
BAcc, CA(SA), MBA

Ms Mkhondo is an investment director at Value Capital Partners Pty Limited (“VCP”). Prior to joining VCP, Ms Mkhondo was a seasoned investment banking and corporate finance professional, having spent time at Goldman Sachs International Plc and Anglo American Plc (both based in the United Kingdom) where she was responsible for mergers and acquisition execution, investment evaluation and strategic long-term financial planning. During her time at Goldman Sachs and Anglo American, Ms Mkhondo executed cross-border transactions in the consumer/retail, healthcare, real estate and metals and mining sectors across the United Kingdom, Africa and the Americas. Ms Mkhondo is a Chartered Accountant (SA) by profession, having begun her career in the audit and advisory financial institutions services team at Deloitte & Touche, in Johannesburg. In addition, Ms Mkhondo has a Masters of Business Administration from the London Business School, where she was a Mo Ibrahim Scholar.

Ms Mkhondo was appointed as an independent non-executive director of the company and as a member of the investment committee on 28 June 2019. On 3 August 2022, she was appointed as a member of the remuneration committee.

She also serves as an independent non-executive director on the boards of PPC Limited and Novus Holdings Limited.

Independent non-executive director
BCom Accounting, BCom Accounting Honours, CA(SA), HDip Tax

Ms Mathews is a qualified Chartered Accountant (South Africa) and holds a Postgraduate Certificate in Advanced Taxation from the University of South Africa (UNISA) and a BCom Acc (Hons) from Rand Afrikaans University (RAU) (now University of Johannesburg (UJ)). Ms Mathews currently serves on the board of trustees of WAT Trust, the board of directors of KAL Limited (and its audit and risk as well as social and ethics committees) and CA&S Group Limited where she serves on the audit and risk and social and ethics committees. Ms Mathews previously served on the board of directors and various committees of, inter alia, ATKV, ATKV Sake and OneLogix Limited, PSG Financial Services Limited, PSG Group Limited and Redefine Properties Limited as well as in the capacity of trustee of the Redefine Empowerment Trust.

Ms Mathews was appointed as an independent non-executive director and member of the audit and risk committee of Metair on 1 January 2021. She replaced Mr Flemming as chairperson of the audit and risk committee with effect from the conclusion of the AGM held on 5 May 2021. She was appointed to the nomination committee on 2 August 2022.

Independent non-executive director
B Eng (Hons)

Mr Giliam holds a B.Eng (Hons) Degree in Automotive Engineering and Project Management and a Bachelor Degree in Mechanical Engineering from the University of Pretoria. Mr Giliam retired after more than 30 years in the automotive industry internationally and spent the last three years of his formal career with his last role as the managing director of Robertson and Caine Proprietary Limited building luxury catamarans in Cape Town. He has a wealth of experience in the automotive industry, gained through various senior roles, including, inter alia, project director at Jaguar Land Rover U.K and Magna in Graz Austria, vice president in the BMW Group at Spartanburg USA, and various director roles at BMW in Germany and England.

He was appointed as an independent non-executive director of Metair and a member of the investment committee with effect from 1 May 2021. On 3 August 2022, he was appointed as a member of the nominations committee and to the board of Supreme Spring.

Independent non-executive director
BAcc (Hons), CA(SA), CA(Z) Programme for Leadership Development (Harvard Business School), Diploma in Banking (UJ)

Mr Sithole is a qualified Chartered Accountant (South Africa and Zimbabwe). He is the CEO and co-founder of VCP. Prior to starting VCP, he was at Brait for more than eight years as an executive director. Prior to Brait, Mr Sithole was a partner at Deloitte, where he spent six years as an audit partner and departed the firm as group leader for the Financial Services Audit Practice in Johannesburg. He currently also holds directorships, among others, in Adcorp and Sun International. Mr Sithole was initially appointed to the Metair board on 1 March 2019 prior to stepping down as an independent non-executive director of the company, and being appointed as an alternate director to Ms Mkhondo on 2 August 2022.

Interim CEO
B Comm (Hons) CA(SA)

Mr Douwenga qualified as a Chartered Accountant in 2003 after completing his articles with PwC, and then spent approximately eight years in PwC’s deals division where he gained extensive experience in acquisitions across various sectors within Africa and Europe. Mr Douwenga first started working with Metair in 2011 during the Rombat acquisition and was subsequently appointment as business development director at First National Battery during 2013 where he was primarily involved in operational and financial evaluation and execution of new acquisitions, most notably Mutlu Akü in Turkey. He was subsequently appointed as chief financial officer in 2014.

Mr Douwenga served as interim CEO from 1 to 31 January 2021. He was also appointed as interim CEO and a member of the social and ethics committee on 22 March 2023.

Interim Chief financial officer
BCom Dip Acc, CA(SA)

Mr Jogia qualified as a Chartered Accountant in 2003 after completing his articles with Baker Tilley Morrison Murray. Thereafter he joined PwC’s consumer and industrial products division and gained extensive experience within listed and multinational companies. During his tenure at PwC, he served as the auditor in charge of the Metair audit and also spent 2 years in Birmingham, United Kingdom working on global industrial and automotive related companies.

Mr Jogia joined Metair as the group finance executive and member of subsidiary executive committees in 2013 during the Mutlu acquisition. He has primarily been supporting the CFO and CEO with operational and financial oversight of the group, including group audit committee attendance, corporate reporting, acquisitions and funding functions.

Company secretary
B Comm (Fin M) AIRMSA

Ms Vermaak joined the company in August 1998 and was appointed as company secretary in March 2001 and group finance manager in July 2003. From 1 April 2015, she shifted focus from finance and was appointed as group risk and compliance manager. She completed her B Comm Financial Management degree (cum laude) in 2005 on a part time basis and has more than 23 years’ experience in the listed company environment.

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TN Mgoduso (66)

Chairperson and independent nonexecutive Director

Appointed to the Board: 2016
Qualification: MA (Clinical Psychology)
Other directorships: Zimplats, Jojose Investments

B Mawasha (44)

Independent non-executive director

Appointed to the Board: 2018
Qualification: BSc (Eng) Electrical, GCC, PMD, ADP
Other directorships: Impala Platinum Holdings, Exarro Resources

MH Muell (62)

Independent non-executive director

Appointed to the Board: 2019
Qualification: Diplom-Betriebswirt (BA)
Other directorships: Mutlu Akü, Stracienta Africa (Pty) Limited, Scientrix Holdings Limited

A Sithebe (40)

Independent non-executive director

Appointed to the Board: 2021
Qualification: BCom Accounting, BCom Accounting Honours, CA(SA), MBA
Other directorships: Metindustrial (Pty) Limited, Dischem Pharmacies Limited, Altron Limited

 

NL Mkhondo (39)

Independent non-executive director

Appointed to the Board: 2019
Qualification: BAcc, CA(SA), MBA
Other directorships: PPC Limited, Novus Holdings, Mkhongara (Pty) Limited, Value Capital Partners

B Mathews (54)

Independent non-executive director

Appointed to the Board: 2021
Qualification: BCom Accounting, BCom Accounting Honours, CA(SA), HDip Tax
Other directorships: KAL Limited, CA & S Group Limited

P Giliam (67)

Independent non-executive director

Appointed to the Board: 2021
Qualification: B Eng (Hons)
Other directorships: Hesto Harnesses (Pty) Limited and Supreme Spring (Pty) Limited

S Sithole (50)

Independent non-executive director

Appointed to the Board: 2019
Qualification: BAcc (Hons), CA(SA), CA(Z) Programme for Leadership Development (Harvard Business School), Diploma in Banking (UJ)
Other directorships: Smiths Manufacturing (Pty) Limited, Value Capital Partners, Adcorp Holdings, Sun International Holdings, Altron Limited

 

S Douwenga (43)

Interim CEO

Appointed to the Board: 2014
Qualification: B Comm (Hons) CA(SA)

A Jogia (45)

Interim Chief financial officer

Appointed to the Board: 2023
Qualification: BCom Dip Acc, CA(SA)

SM Vermaak (57)

Company secretary

Qualification: B Comm (Fin M) AIRMSA