Edition:
United States

Investec Ltd (INLJ.J)

INLJ.J on Johannesburg Stock Exchange

7,971.00ZAc
7 Dec 2018
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Summary

Name Age Since Current Position

Peregrine Crosthwaite

69 2018 Independent Non-Executive Chairman of the Board

Khumo Shuenyane

47 2018 Non-Executive Chairman of the Board, Independent Director

Hendrik du Toit

56 2018 Joint Chief Executive Officer, Executive Director

Fani Titi

56 2018 Joint Chief Executive Officer, Executive Director

Glynn Burger

61 Group Risk and Finance Director, Executive Director

Bernard Kantor

68 2018 Executive Director

Stephen Koseff

66 2018 Executive Director

Kim McFarland

2018 Executive Director

David Miller

company secretary

Niki Van Wyk

2014 Company Secretary

Laurel Bowden

53 2015 independent non-executive director

Ian Kantor

71 1980 Non-Executive Director

Zarina Bassa

54 2018 senior independent non-xecutive director

Cheryl Carolus

59 2005 Non-Executive Independent Director

David Friedland

65 2013 Non-Executive Independent Director

Philip Hourquebie

65 2018 Non-Executive Independent Director

Charles Jacobs

51 2018 Non-Executive Independent Director

Mark Malloch-Brown

64 2014 Non-Executive Independent Director

Biographies

Name Description

Peregrine Crosthwaite

Mr. Peregrine Kenneth Oughton (Perry) Crosthwaite has served as Independent Non-Executive Chairman of the Board of Investec Limited. Perry was appointed chairman of Investec plc and Investec Limited on 15 May 2018. Perry was previously senior independent director of Investec plc and Investec Limited, a post he held from August 2014 to March 2018, having joined the boards of Investec plc and Investec Limited in June 2010. Perry is a former chairman of Investec Investment Banking and Securities and left the group on 31 March 2004 Perry has financial experience gained through a distinguished career in investment banking with over 30 years of experience as a director in the city of London. Perry has served as a non-executive director of Melrose Industries plc from July 2005 to May 2016, and was a founding member of Henderson Crosthwaite Institutional Brokers Limited, serving as its director from 1986 to 1998 Other principal appointments Investec Holdings (Ireland) Limited (chairman) and Investec Capital and Investments (Ireland) Limited Committees DLC nominations and directors’ affairs, DLC remuneration committee (chairman)* Date of appointment Investec Limited 18 June 2010 Investec plc 18 June 2010

Khumo Shuenyane

Mr. Khumo Lesego Shuenyane has served as Non-Executive Chairman of the Board, Independent Director of the ccompany. Khumo serves on the boards of a number of companies, in the Investec group. He is also a partner at Delta Partners, an advisory firm headquartered in Dubai focused on the telecoms, technology and digital sectors across emerging markets Between 2007 and 2013 Khumo served as group chief mergers and acquisitions officer for MTN Group Limited and was a member of its group executive committee Khumo was previously head of Principal Investments at Investec and was a member of Investec’s Corporate Finance division for a total of nine years Prior to joining Investec in 1998, Khumo worked for Arthur Andersen in Birmingham (UK) and Johannesburg for six years from 1992. He qualified as a member of the Institute of Chartered Accountants in England and Wales in 1995 Other principal appointments Investec Bank Limited (chairman)*, Investec Life Limited, Investec Specialist Investments (RF) Limited, Investec Asset Management Holdings Proprietary Limited and Investec Asset Management Limited Committees DLC audit, Investec plc audit, Investec Limited and Investec Bank Limited audit and DLC board risk and capital, DLC nominations and directors’ affairs

Hendrik du Toit

Mr. Hendrik Jacobus du Toit is Joint Chief Executive Officer, Executive Director of the Company. After lecturing economics at the University of Stellenbosch, Hendrik joined the Investment division of Old Mutual from where he moved Investec in 1991 to establish Investec Asset Management Other principal appointments Investec Asset Management Holdings Proprietary Limited and Investec Asset Management Limited as well as their subsidiaries and non-executive director of Naspers Limited. Over the past two years, Hendrik has also served on the Global Business Commission for Sustainable Development Committees None Date of appointment Investec Limited 15 December 2010 Investec plc 15 December 2010.

Fani Titi

Mr. Fani Titi has served as Joint Chief Executive Officer, Executive Director of Investec Limited. Effective 01 October 2018 He will serves as Joint Chief Executive Officer of the company. Fani Titi has been a member of the boards of Investec Limited and Investec plc since January 2004 and has been non-executive chairman of Investec Limited and Investec plc from November 2011. He has also been a member of the Investec Bank Limited board from July 2002, and has chaired its board from June 2007. He has been a member of the Investec Bank plc board from August 2011, and its chairman from August 2014. He has served on the board of Investec Asset Management from November 2013. Fani was a founding member of the private investment group Kagiso Trust Investments Limited (now Kagiso Tiso Holdings), and later cofounded and led the public offering of Kagiso Media Limited on the JSE Limited as its CEO. Fani was subsequently the founding executive chairman of the private investment firm the Tiso Group, which subsequently merged with Kagiso Trust Investments to form Kagiso Tiso Holdings. Fani stepped down from the Tiso Group in 2008 to concentrate his time on his duties at the Investec group, while also looking after his private investment portfolio. Fani has over two decades of investment banking experience, and has sat on the boards of different investee companies and JSE listed companies. Other principal appointments Investec plc, Investec Limited, Investec Bank plc, IEP Group Proprietary Limited, Investec Asset Management Holdings Limited, Investec Asset Management Limited and a number of Investec subsidiaries Committees DLC remuneration*, DLC board risk and capital, DLC nominations and directors’ affairs (chairman)** and DLC social chairman)** Date of appointment Investec Limited and Investec plc 30 January 2004 Resigned from DLC remuneration committee as at 23 February 2018 ** Resigned as chairman of the DLC nominations’ and directors’ affairs committee and social and ethics committee

Glynn Burger

Mr. Glynn Robert Burger serves as Group Risk and Finance Director, Executive Director of Investec Limited. Glynn joined Investec in 1980. His positions within Investec have included chief accounting officer, group risk manager and joint managing director for South Africa Other principal appointments Investec Bank Limited and a number of Investec subsidiaries Committees DLC board risk and capital and DLC capital Date of appointment Investec Limited 3 July 2002 Investec plc 3 July 2002

Bernard Kantor

Mr. Bernard Kantor serves as a Managing Director, Executive Director of the company. Effective 01 October 2018. He will be Serves as Executive Director of the company. Bernard joined Investec in 1980. He has had varied experience within Investec as a manager of the trading division, marketing manager and chief operating officer Other principal appointments Investec Bank Limited, Investec Bank plc and a number of Investec subsidiaries, Phumelela Gaming and Leisure Limited (chairman) and IEP Group Proprietary Limited Committees DLC board risk and capital, DLC social and ethics and DLC capital Date of appointment Investec Limited 8 June 1987 Investec plc 19 March 2002

Stephen Koseff

Mr. Stephen Koseff serves as Chief Executive Officer, Executive Director of the company. Effective 01 October 2018 he will be serves as Executive Director of the company. Stephen joined Investec in 1980. He has diverse experience within Investec as chief accounting officer and general manager of banking, treasury and merchant banking Other principal appointments Investec Bank Limited, Investec Bank plc and a number of Investec subsidiaries, Bid Corporation Limited (chairman), IEP Group Proprietary Limited Committees DLC board risk and capital, DLC social and ethics and DLC capital (chairman) Date of appointment Investec Limited 6 October 1986 Investec plc 26 June 2002.

Kim McFarland

David Miller

Niki Van Wyk

Laurel Bowden

Ms. Laurel Charmaine Bowden has served as independent non-executive director of Investec Limited. Laurel is a founding partner at 83 North UK LLP (a private equity business), where her areas of focus include internet, enterprise software and fintech. Laurel has over 15 years’ investment experience and has led investments in many leading European technology companies, including Just Eat, Qliktech and Hybris (acquired by SAP). She was previously a director at GE Capital in London Other principal appointments 83 North Limited, Bluevine Capital Inc, Ebury Partners Limited, iZettle AB, Celonis GmbH, Mirakl SAS, TIS GmbH, Wonga Group Limited, MotorK Limited, Workable Technology Limited (the majority of these are companies which Laurel serves on as a representative of 83 North)

Ian Kantor

Mr. Ian Robert Kantor has served as Non-Executive Independent Director of Investec Limited since July 30, 1980. Ian is co-founder of Investec, served as the chief executive of Investec Bank Limited until 1985 and was the chairman of Investec Holdings Limited. Ian is currently a non-executive director on the boards of Investec Asset Management Holdings Proprietary Limited and Investec Asset Management Limited Other principal appointments Chairman of Blue Marlin Holdings SA (formerly Insinger de Beaufort Holdings SA, in which Investec Limited indirectly holds an 8.3% interest)

Zarina Bassa

Ms. Zarina Bibi Mahomed Bassa is senior independent non-xecutive director of the company. Zarina is a former partner of Ernst & Young Inc. She joined the Absa Group in 2002 and was an executive director and a member of the group’s executive committee, with accountability for private banking. She has previously chaired the South African Public Accountants’ and Auditors’ Board and the South African Auditing Standards Board, has been a member of the JSE GAAP Monitoring Panel and the Financial Service Board. Zarina has previously served as a non-executive director of Kumba Iron Ore Limited and Sun International Limited amongst other Other principal appointments The Financial Services Board, Oceana Group Limited, Yebo Yethu Limited, Vodacom Proprietary Limited and Woolworths Holdings Limited and various Investec subsidiaries including Investec Bank Limited, Investec Bank plc, Investec Life Limited Zarina has been appointed as the senior independent director (SID) of Investec plc and Investec Limited effective from 1 April 2018 Committees DLC audit (chairman), Investec plc audit (chairman), Investec Limited, and Investec Bank Limited audit (chairman), Investec Bank plc audit, DLC remuneration, DLC nominations and directors affairs and DLC board risk and capital Date of appointment Investec Limited 1 November 2014 Investec plc 1 November 2014

Cheryl Carolus

Ms. Cheryl Ann Carolus has served as Non-Executive Independent Director of Investec Limited since March 18, 2005. Cheryl was the South African High Commissioner to London between 1998 and 2001 and was chief executive officer of South African Tourism Other principal appointments De Beers Consolidated Mines Limited, Gold Fields Limited (chairman), The IQ Business Proprietary Limited, Ponahalo Capital Proprietary Limited, executive chairperson of Peotona Group Holdings Proprietary Limited (chair) and director of a number of the Peotona group companies and International Crisis Group. Constitution Hill Education Trust (chairman) and WWF South Africa

David Friedland

Mr. David Friedland has served as Non-Executive Independent Director of Investec Limited since March 1, 2013. David is a former partner of both Arthur Andersen and KPMG Inc. where he also served as head of audit and risk in the KPMG Cape Town office before leaving in March 2013 Other principal appointments Investec Bank Limited, Investec Bank plc, The Foschini Group Limited, Pick n Pay Stores Limited and Pres Les Proprietary Limited Committees DLC board risk and capital (chairman), DLC capital and DLC nominations and directors’ affairs

Philip Hourquebie

Mr. Philip Alan Hourquebie is Non-Executive Independent Director of the company. Philip has been a longstanding Regional Managing Partner of two regions of Ernst & Young Inc. (Africa and Central and South East Europe, including Turkey). Philip left Ernst & Young in 2014. As a senior partner at Ernst & Young Inc., Philip’s background is in the advisory services in both the private and public sector. As an advisory partner and senior client service partner, he has worked, inter alia, with clients in financial services, mining, telecommunications, consumer products and retail, state-owned enterprises, government agencies and government departments at all three levels. Philip has also been a past chair of the board of South African Institute of Chartered Accountants (SAICA) Other principal appointments Aveng Limited and Investec Property Fund Limited Committees DLC audit, Investec plc audit, Investec Limited and Investec Bank Limited audit, DLC remuneration (chairman*), DLC board risk and capital, DLC nominations and directors’ affairs

Charles Jacobs

Mr. Charles Richard Jacobs has served as Non-Executive Independent Director of Investec Limited. Charles brings to the board a valuable combination of knowledge of the UK regulatory and corporate governance standards, global capital markets and M&A. Charles sits on the board of Fresnillo plc, a FTSE 100 company. Charles was elected as chairman and senior partner at the global law firm Linklaters LLP in October 2016, having been appointed a partner in 1999, and has over 27 years of experience of advising companies around the world, including in relation to their legal and regulatory requirements. Charles chairs the Linklaters Partnership Board and holds an LLB from Leicester University Other principal appointments Linklaters LLP and Fresnillo plc (senior independent non-executive director and chairman of the remuneration committee

Mark Malloch-Brown

Lord Mark Malloch-Brown has served as Non-Executive Independent Director of Investec Limited since August 8, 2014. Lord Malloch-Brown is chairman of SGO Corporation Limited and Senior Advisor to the Eurasia Group, he was a UK government minister and member of the cabinet. Lord Malloch-Brown was formerly the deputy secretary-general of the United Nations as well as a vice president at the World Bank and head of United Nations Development Programme and a journalist at the Economist with wide ranging experience of boards Other principal appointments Seplat Petroleum Development Company plc, ISquared Capital and Kerogen Capital Committees DLC social and ethics (chairman)* and DLC nominations and director’s affairs Date of

Basic Compensation