Directorate and
executive committee as at 31 December 2020

Mike Hankinson

Mike Hankinson 71

Non-executive chairman

BCom; CA(SA)

Andrew Waller

Andrew Waller 58

Executive director and CEO

CA(SA)

Nkululeko Sowazi

Nkululeko Sowazi 57

Lead independent non-executive director

MA (UCLA)

Appointed 15 December 2009

Mike was appointed as chairman of Grindrod Limited in 2014 after serving as a non-executive director since 2009. During 2017 Mike assumed the position of executive chairman as an interim arrangement to manage stakeholder value-creation in terms of Grindrod’s revised restructuring strategy. He resumed his position as non-executive chairman on 22 November 2018.

He is a former non-executive director of numerous listed and unlisted companies, served as chairman of the Spar Group from 2004 until 2021 and previously as CEO of Romatex Limited and Dunlop Tyres International Proprietary Limited.

MIC, CNC, MRC, MSE, MRI

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Appointed 1 March 2011

Andrew joined Grindrod Limited in 2011 as financial director, after working at Deloitte & Touche in Scotland and South Africa for 15 years.

He was appointed as CEO on 1 September 2018 and serves as a director on the boards of various local and international Grindrod Limited subsidiaries.

He serves as a non-executive director of the Spar Group Limited.

CEC, CIC, MSE, MRI

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Appointed 25 February 2014

Chairman of Kagiso Tiso Holdings (KTH), a leading South African diversified investment holding company and chairman and co-founder of Tiso Investment Holdings, a diversified investment holding company.

He is currently a non-executive director of MTN Group, Tiso Blackstar Group SE(UK) and industrial conglomerate Bud Group.

He is a co-founder trustee of the Tiso Foundation and chairman of Housing for HIV Foundation based in Washington D.C.

MIC, CNC, MRC, MSE, MRI

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Fathima Ally

Fathima Ally 40

Executive director and CFO

CA(SA) 
 
  

Grant Gelink

Grant Gelink 71

Independent non-executive director

BCompt (Hons); BCom (Hons); CA(SA); HDip Education; Dip Public Administration

Walter Grindrod

Walter Grindrod 54

Non-executive director

  
  
  

Appointed 1 September 2020

Fathima spent 18 years at Deloitte & Touche before being appointed as the CFO of Grindrod on 1 September 2020.

She has extensive audit and assurance experience, having worked with multi-national listed companies across various industries.

MEC

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Appointed 1 January 2013

Non-executive director of Altron Limited, MTN Zhakele Limited and First Rand Limited.

Grant has had extensive work experience with Deloitte & Touche which spans over 26 years and he served as chief executive from 2006 until his retirement from the firm in 2012.

CAC

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Appointed 22 August 2019

Walter joined Grindrod in 1990 and worked across numerous divisions, covering services offered by Grindrod in warehousing and container services, road transportation, marine tally, ships agency and Unicorn coastal service.

He was executive director for Grindrod International Freight, which later became Röhlig-Grindrod, from 1999 to 2007. He was appointed head of business development for Grindrod in 2007.

Walter left Grindrod in 2017 after 27 years’ service and was appointed as a consultant to Grindrod Limited in 2018. He is a director of companies and a trustee of various charitable trusts.

MIC, CSE

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Ben Magara

Ben Magara 53

Independent non-executive director

BSc Mining Engineering (Hons)

Xolani Mbambo

Xolani Mbambo 46

Executive director

CA(SA)

David Polkinghorne

David Polkinghorne 56

Executive director

BCom; MA (Oxon)

Appointed 30 January 2020

Founder and chairman of Africa Mining and Metals Group and former executive of Anglo American and CEO of Lonmin Plc, with extensive executive experience in the mining industry.

MRI

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Appointed 1 September 2018

Xolani joined Grindrod Limited in 2013 as CFO for Freight Services and held the position of Group Financial Director from 1 September 2018 to 31 August 2020. Xolani moved into operations and was appointed CEO of Freight Services in February 2021.

Prior to joining Grindrod, Xolani worked at Anglo American for 12 years in various finance roles in South Africa, Botswana and London.

MEC, MRI

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Appointed 22 November 2006

Chief Executive Officer of Grindrod Bank Limited, director of companies, trustee of various charitable trusts and foundations and chairman of the Grindrod Provident Fund.

David has been involved in the financial services sector for 30 years. He has had exposure to all areas of corporate and investment banking and, in particular, has extensive experience in commercial property finance, private equity and corporate finance.

MEC, MRI

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Pieter Uys

Pieter Uys 58

Independent non-executive director

MSc; MBA
 

Willem van Wyk

Willem van Wyk 42

Independent non-executive alternate director

CA(SA); BAcc (Hons); BCom (Hons)(Taxation)

Zimkhitha Zatu

Zimkhitha Zatu 37

Independent non-executive director

BCom; HDip Accountancy; MSc Corporate Finance; CA(SA)

Appointed 30 August 2013

Director of major local and international companies and also serves on the Remgro Management Committee. Pieter is a former CEO of Vodacom Limited.

MIC, MNC, CRC, CRI

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Appointed 30 January 2020

Corporate investment manager at Remgro, with experience in tax, due diligence and valuations, across a wide range of industries.

MAC

View the committees key

Appointed 30 January 2020

CEO and shareholder of Mathupha Capital and non-executive director of Sun International Limited and SAFCOL SOC Limited.

Board member of various trusts and organisations.

MAC, MSE

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Mike Hankinson

Mike Hankinson 71

Non-executive chairman

BCom; CA(SA)

Appointed 15 December 2009

Mike was appointed as chairman of Grindrod Limited in 2014 after serving as a non-executive director since 2009. During 2017 Mike assumed the position of executive chairman as an interim arrangement to manage stakeholder value-creation in terms of Grindrod’s revised restructuring strategy. He resumed his position as non-executive chairman on 22 November 2018.

He is a former non-executive director of numerous listed and unlisted companies, served as chairman of the Spar Group from 2004 until 2021 and previously as CEO of Romatex Limited and Dunlop Tyres International Proprietary Limited.

MIC, CNC, MRC, MSE, MRI

View the committees key

Andrew Waller

Andrew Waller 58

Executive director and CEO

CA(SA)

Appointed 1 March 2011

Andrew joined Grindrod Limited in 2011 as financial director, after working at Deloitte & Touche in Scotland and South Africa for 15 years.

He was appointed as CEO on 1 September 2018 and serves as a director on the boards of various local and international Grindrod Limited subsidiaries.

He serves as a non-executive director of the Spar Group Limited.

CEC, CIC, MSE, MRI

View the committees key

Nkululeko Sowazi

Nkululeko Sowazi 57

Lead independent non-executive director

MA (UCLA)

Appointed 25 February 2014

Chairman of Kagiso Tiso Holdings (KTH), a leading South African diversified investment holding company and chairman and co-founder of Tiso Investment Holdings, a diversified investment holding company.

He is currently a non-executive director of MTN Group, Tiso Blackstar Group SE(UK) and industrial conglomerate Bud Group.

He is a co-founder trustee of the Tiso Foundation and chairman of Housing for HIV Foundation based in Washington D.C.

MIC, CNC, MRC, MSE, MRI

View the committees key

Fathima Ally

Fathima Ally 40

Executive director and CFO

CA(SA) 
 
  

Appointed 1 September 2020

Fathima spent 18 years at Deloitte & Touche before being appointed as the CFO of Grindrod on 1 September 2020.

She has extensive audit and assurance experience, having worked with multi-national listed companies across various industries.

MEC

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Grant Gelink

Grant Gelink 71

Independent non-executive director

BCompt (Hons); BCom (Hons); CA(SA); HDip Education; Dip Public Administration

Appointed 1 January 2013

Non-executive director of Altron Limited, MTN Zhakele Limited and First Rand Limited.

Grant has had extensive work experience with Deloitte & Touche which spans over 26 years and he served as chief executive from 2006 until his retirement from the firm in 2012.

CAC

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Walter Grindrod

Walter Grindrod 54

Non-executive director

  
  
  

Appointed 22 August 2019

Walter joined Grindrod in 1990 and worked across numerous divisions, covering services offered by Grindrod in warehousing and container services, road transportation, marine tally, ships agency and Unicorn coastal service.

He was executive director for Grindrod International Freight, which later became Röhlig-Grindrod, from 1999 to 2007. He was appointed head of business development for Grindrod in 2007.

Walter left Grindrod in 2017 after 27 years’ service and was appointed as a consultant to Grindrod Limited in 2018. He is a director of companies and a trustee of various charitable trusts.

MIC, CSE

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Ben Magara

Ben Magara 53

Independent non-executive director

BSc Mining Engineering (Hons)

Appointed 30 January 2020

Founder and chairman of Africa Mining and Metals Group and former executive of Anglo American and CEO of Lonmin Plc, with extensive executive experience in the mining industry.

MRI

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Xolani Mbambo

Xolani Mbambo 46

Executive director

CA(SA)

Appointed 1 September 2018

Xolani joined Grindrod Limited in 2013 as CFO for Freight Services and held the position of Group Financial Director from 1 September 2018 to 31 August 2020. Xolani moved into operations and was appointed CEO of Freight Services in February 2021.

Prior to joining Grindrod, Xolani worked at Anglo American for 12 years in various finance roles in South Africa, Botswana and London.

MEC, MRI

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David Polkinghorne

David Polkinghorne 56

Executive director

BCom; MA (Oxon)

Appointed 22 November 2006

Chief Executive Officer of Grindrod Bank Limited, director of companies, trustee of various charitable trusts and foundations and chairman of the Grindrod Provident Fund.

David has been involved in the financial services sector for 30 years. He has had exposure to all areas of corporate and investment banking and, in particular, has extensive experience in commercial property finance, private equity and corporate finance.

MEC, MRI

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Pieter Uys

Pieter Uys 58

Independent non-executive director

MSc; MBA
 

Appointed 30 August 2013

Director of major local and international companies and also serves on the Remgro Management Committee. Pieter is a former CEO of Vodacom Limited.

MIC, MNC, CRC, CRI

View the committees key

Willem van Wyk

Willem van Wyk 42

Independent non-executive alternate director

CA(SA); BAcc (Hons); BCom (Hons)(Taxation)

Appointed 30 January 2020

Corporate investment manager at Remgro, with experience in tax, due diligence and valuations, across a wide range of industries.

MAC

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Zimkhitha Zatu

Zimkhitha Zatu 37

Independent non-executive director

BCom; HDip Accountancy; MSc Corporate Finance; CA(SA)

Appointed 30 January 2020

CEO and shareholder of Mathupha Capital and non-executive director of Sun International Limited and SAFCOL SOC Limited.

Board member of various trusts and organisations.

MAC, MSE

View the committees key

Board profile – as at 31 December 2020

Attendance at meetings

A indicates the number of meetings which the director attended.
B indicates the number of meetings which the director could have attended.
1 Appointed as executive director and CFO on 1 September 2020.
2 Retired as independent non-executive director on 2 December 2020.
3 Appointed as independent non-executive alternate director on 30 January 2020.
4 Appointed as independent non-executive director on 30 January 2020.
5 Attended by invitation.
6 Attended one Board and one Executive committee meeting by invitation prior to appointment as executive director.
7 Lead independent non-executive director.
8 Alternate director.