Brimstone Investment

Fred Robertson

EXECUTIVE CHAIRMAN

Fred Robertson serves as Executive Chairman of Brimstone Investment Corporation Ltd, a company which he co-founded in 1995. His Non-Executive chairmanships include Lion of Africa Life Assurance Company Limited, and Sea Harvest Limited. He also serves as deputy chair of Remgro Limited, and as director on the board of Aon Re Africa.

His trusteeships and patronages include: Trustee of the Fred J Robertson Foundation and The District Six Museum Foundation; Patron to the South African Academy for Young Leaders. In 2014, he received the CNBC AFRICA All Africa Business Leadership Awards (AABLA) Entrepreneur of the Year Award. Two years later he conferred an Honorary Doctorate in Philosophy by the University of the Western Cape. He received the Kaapstad Sakekamer Die Burger Sakeleier 2016 Award. In 2018 he received the Business Personality of the Year Award from the Black Management Forum Western Cape.

Mustaq Brey

CHIEF EXECUTIVE OFFICER

Mustaq Brey serves as Chief Executive Officer of Brimstone Investment Corporation Ltd, a company which he co-founded in 1995. A qualified Chartered Accountant by profession, Mustaq currently serves as the chairman of the Oceana Group Ltd and International Frontier Technologies SOC Ltd. He also serves on the board of AON Re SA (Pty) Ltd. He serves on and chairs various board committees including the audit committee of the Mandela Rhodes Foundation. He is a trustee of the Jakes Gerwel Foundation and chairman of the Groote Schuur Hospital Trust. He has an unwavering passion for uplifting communities and this is the golden thread that connects his business and personal life. He is the founder of the Saabri & Ashrafi Relief Fund.

Geoff Fortuin

FINANCIAL DIRECTOR

Geoff is a qualified Chartered Accountant and was a Partner at Deloitte & Touche for 15 years during which time he was responsible for a number of South African listed companies. He was also a member of the Deloitte South Africa Board. Geoff currently serves on the board of Brimstone Legacy Fund and is a non-executive director of Quantum Foods Holdings Limited.

Iqbal Khan

CHIEF OPERATING OFFICER

Iqbal Khan (CA) SA, qualified over 25 years ago and spent some time in the professional environment in both small and large accounting firms, culminating in a role as partner in the Cape Town office of Ernst and Young. He has been at Brimstone since 2007 in various roles and is currently Chief Operating Officer. His experience includes a diverse range of industries and he also spent two years in the same role at Old Mutual Investment Group. Iqbal has served on a number of boards notably The Independent Regulatory Board for Auditors and Cricket South Africa in an independent non-executive capacity. He also chaired the audit committee of the University of Western Cape. He currently serves as an executive director at Brimstone and a non executive director at a number of the subsidiaries and associates.

Tiloshani Moodley

EXECUTIVE DIRECTOR

Tiloshani completed both her undergraduate and postgraduate degrees at the University of the Western Cape in 1995 and 1997, respectively. Subsequent thereto she attended the School for Legal Practice at the University of Cape Town. She joined Brimstone Investment Corporation Limited in 2001. Her dedication and commitment resulted in her becoming Brimstone’s Compliance Officer in 2004 and in 2010 she was appointed as Company Secretary. She is responsible for the legal review of agreements and monitoring of Brimstone’s continued contractual obligations and group-wide governance and compliance. Tiloshani was appointed as an Executive Director of Brimstone in 2018. She also serves as Company Secretary to Lion of Africa Insurance Company Limited and Non-executive director of Sea Harvest Group Limited and Obsidian (Pty) Limited, a medical devices company.

Leon Campher

LEAD INDEPENDENT

Date appointed to the board: 07 March, 2006

Qualifications: BEcon

Directorships:

Sun International Ltd; Strate Ltd; Savings and Investments Association of South Africa (ASISA); Serves on directorate of Market Abuse; Financial markets Advisory Board; Financial Sector Charter Council and BUSA Council.

The lead independent director of Brimstone, Leon is founder of Syfrets Managed Assets as well as Coronation Fund Managers Limited and African Harvest. His current directorships include: Sun International Limited, Amalgamated Appliances Limited, Strate Limited and Investments Association of South Africa. He also serves on the directorate of Market Abuse, Financial Markets Advisory Board and the Financial Sector Charter Council.

Mzwandile Hewu

Date appointed to the board: 15 September, 1997

Qualifications: BComm (Hons)

Directorships:

Amahlathi Logistics, Khayamnandi Investments, Sharp Move Trading (Pty) Ltd, Southern Ambitions and Onyx Financial Services.

Mzwandile Hewu is currently working as the Chief Director for Service Delivery Management within the Western Cape Department of Social Development. He is the former General Manager of the ruling party (ANC) in the Parliament of the Republic of South Africa. Having worked as a Head Master in two different schools he has expertise in people and broader strategic management. He served as the Provincial Head of the biggest Teachers’ Union in the country, SADTU, where he managed to build a number of value adding networks. He has an excellent international and global exposure. He holds a BCom (Hons) degree from UNISA and a BPhil from University of Stellenbosch.

Nazeem Khan

Date appointed to the board: 01 November, 1995

Qualifications: BSc(QS); MAQS; AAArb

Directorships:

Stonefountain Properties (Pty) Ltd; Perthpark Properties (Pty) Ltd; Attfund Ltd; BTKM Inc and Proman Project Management Services (Pty) Ltd.

Nazeem Khan was educated at Athlone High School in the Cape and attended the University of Natal (Durban) where he obtained a B.Sc (QS) degree. He has been in the profession for the past 32 years and has varied experience in all aspects of property development. He is currently a director of the national firm Bham Tayob Khan Matunda Quantity Surveyors with offices throughout South Africa, India and Mauritius. His current memberships include the Association of Arbitrators and the Royal Institution of Chartered Surveyors. He is a Council Member of the South African Council for Quantity Surveyors and chairs the disciplinary committee. He serves on the boards of Stonefountain Properties (Pty) Ltd and Perthpark Properties (Pty) Ltd.

Liyaqat Parker

Date appointed to the board: 01 November, 1995

Directorships:

Foodprop Property Group (Pty) Ltd; Suburban Cigarette Distributors (Pty) Ltd; Investbrands CC; Al Amien Foods CC and is a member of the board of Red Cross Childrens’ Hospital.

A founder member of the Foodworld Group Limited. He is an executive committee member of the Western Cape Traders’ Association, Director of Al Amien Foods CC and a board member of the Red Cross Children’s Hospital.

Felicia Roman

Date appointed to the board: 26 March, 2008

Qualifications: BA; Post Graduate Secondary Teacher's Diploma.

Over a period of 10 years Felicia Roman’s employment record includes being the head of the regional office of the Friedrich Ebert Foundation, the co-ordinator of the Provincial Development Council, the provincial director of the National Business Initiative and the deputy CEO of WESGRO. She joined Kfm Radio (Pty) Ltd in May 2001 as managing director. In July 2006, Felicia joined Sun International (Pty) Ltd as the general manager of The Golden Valley Casino in Worcester and has been promoted to senior management in Johannesburg.

Logan Wort

Date appointed to the board: 11 November 2021

Qualifications: BA (Political Science); Master of Public Administration

Logan has extensive professional experience in executive management and leadership accomplishments in public and international affairs. He has strong diplomatic skills and an affinity for building consensus among diverse individuals. Good on strategy and impact evaluation and business execution with more than 20 years of experience driving growth, business sustainability and operational efficiency in public institutions and organisations.

His previous appointments include senior positions at National Treasury of South Africa and South African Revenue Service (SARS). He is currently Executive Secretary of the African Tax Administration Forum.

Mduduzi Ndlovu

Date appointed to the board: 2 December 2021

Qualifications: BComm (Accounting); MPhil (cum laude); CFA

Mduduzi is an investment professional with over 20 years of investment and general management experience including senior roles as CIO and CEO at leading investment houses He built his career mostly within start-up companies where he was not just the portfolio manager but also the marketer, and product developer. He started his career as an equities dealer at Gensec. He was the Chief Investment Officer at Argon Asset Management and is currently a partner at Crede Capital Partners. Mduduzi also serves as an independent trustee and chairman of the investment committee of the ISASA Pension Scheme and Provident Fund.