Board of Directors


Executive

Kobus Verster

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Designation:
Chairman
Qualifications:

Member of the executive and tender risk committees
BCom Hons, MBL, EMP

Kobus joined ArcelorMittal South Africa Limited in 1990 and was appointed general manager, corporate finance and treasury in 2003 and then general manager, corporate treasury at Mittal Steel Company N.V in 2004. In February 2006, Kobus was appointed executive director, finance at ArcelorMittal. Kobus joined the Aveng Limited board on 1 September 2010 and will assume the position of financial director on 27 September 2010.

Solly Letsoalo

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Designation:
Executive

Solly is an industrial engineer and joined the Group from Transnet Port Terminals where he held the position of Chief Operating Officer. Solly brings with him extensive engineering, manufacturing and general management expertise with leading South African corporations such as Nampak and South African Breweries. Solly joined the Group on 1 October 2009 and is the Managing Director of Aveng Manufacturing. He has also been appointed to the board of Aveng (Africa) (Pty) Ltd.

 

 

Juba Mashaba

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Designation:
Executive
Qualifications:

BA (law), LLB

 Juba's career started at Eskom where he was appointed Group Human Resources Manager for the Services Group in 1995. In 1997 he was appointed Human Resources Director of Simba (Pty) Limited, and his role was expanded in 2004 to include human resources responsibility for the PepsiCo businesses in Sub-Sahara Africa. In October 2004 Juba was appointed to the Board of Mittal Steel South Africa as Executive Director, Human Resources. In this role, Juba also served on the Human Resources and Nominations Committee, the Transformation Committee, as well as the Safety, Health and Environment Committee of the Mittal Steel Board.

Juba has been appointed Human Resources Director of Aveng with effect from 1 October 2007


Non-Executive

Nkululeko Sowazi

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Designation:
Non-executive director

Former managing director of the Mortgage Indemnity Fund. Served as Executive Deputy Chairman of African Bank Investment Limited and non-executive director of Kagiso Trust Investment Company, Kagiso Media Limited and Kagiso Ventures (Pty) Ltd (1998 to 2000). Established TisoGroup, a BEE investment holding company (2001).

Current directorships include:

  • Home Loan Guarantee Company and Financial Markets Trust
  • Chairman of Idwala Industrial Holdings (Pty) Ltd
  • African Explosives Limited
  • Exxaro Resources Limited