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Toll-free ethics hotline

South Africa 0800 005 314

Zimbabwe 0772 161 630

Impala Canada 1-866-921-6714 (toll free) or email the operation at email address:
Impalacanada@integritycounts.ca to lodge complaints or grievances.

Governance and leadership

Independent non-executive directors

Thandi Orleyn

Thandi Orleyn (68), Chairman

BProc, BJuris, LLB, LLM

Experience

Thandi was appointed to the board in August 2020. She has held several senior-level positions in the public sector including as the director of the CCMA and as an independent non-executive director of the South African Reserve Bank. Thandi serves as a director of Peotona (Pty) Ltd which is an investment holding company, and Industrial Development Corporation of South Africa (SOC) Ltd. She is chairman of the board of BP Southern Africa and she previously served on the board of Reunert Holdings Ltd.

Board appointment:

August 2020

Ralph Havenstein

Ralph Havenstein (68)

MSc (Chemical Engineering), BCom

Experience

Ralph was appointed to the board in January 2021. He has built a solid reputation in various leadership positions across the mining industry. He has previously served as director of Anglo American Platinum Ltd, Simmer and Jack Ltd, Sasol Ltd, Omnia Holdings Ltd and Northam Platinum Ltd. He currently serves as an independent non-executive director on the board of Murray and Roberts Holdings Ltd and also serves as non-executive director of Impala Bafokeng Resources Proprietary Ltd.

Board appointment:

January 2021

Bernard Swanepoel

Bernard Swanepoel (63)

BSc (Mining engineering), BCom (Hons)

Experience

Bernard was appointed to the board in March 2015. He is currently the chairperson of the African Exploration Mining and Finance Corporation (AEMFC). He is a non-executive director of Zimplats Holdings Ltd and Impala Bafokeng Resources Proprietary Ltd. He was previously CEO of Harmony Gold Ltd and a non-executive director of Omnia Holdings Ltd, African Rainbow Minerals Ltd, Sanlam Ltd, Aveng Ltd and Impala Canada Ltd.

Board appointment:

March 2015

Dawn Earp

Dawn Earp (62)

BCom, BAcc, CA(SA), Chartered Director (SA)

Experience

Dawn was appointed to the board in August 2018. She has previously held positions as a f inancial director of Rand Refineries (Pty) Ltd, Aveng Moolmans (Pty) Ltd and at Implats during the period of 2007-2011. The board has considered and is satisfied that she meets the criteria for independence both in substance and form, as envisaged in King IV™. She currently serves as a non-executive director of Truworths International Ltd, ArcelorMittal South Africa Ltd and Pan African Resources Plc.

Board appointment:

August 2018

Sydney Mufamadi

Sydney Mufamadi (65)

MSc and PhD

Experience

Sydney was appointed to the board in March 2015. He is the chairperson of the subsidiary Zimplats Holdings Ltd and a non-executive director of Transnet (SOC) Ltd and the ABSA Bank subsidiary in Mozambique. He is also the director of the Centre of Public Policy and African Studies at the University of Johannesburg.

Board appointment:

March 2015

Billy Mawasha

Billy Mawasha (45)

BSc (Electrical engineering)

Experience

Billy offers strong operational and technical leadership experience in the mining sector and was former executive head of operations and integration at Kumba Iron Ore Ltd and country head of Rio Tinto (South Africa) Ltd. He is currently a non-executive director at Metair Investments Ltd, Exxaro Resources Ltd and Impala Canada Ltd, in addition to his role as CEO of Kolobe Nala Investments (Pty) Ltd.

Board appointment:

September 2022

Mpho Nkeli

Mpho Nkeli (59)

BSc (Environmental studies), MBA

Experience

Mpho was appointed to the board in April 2015. She is currently the executive chairperson of Search Partners International and an independent non-executive director of Sasol Ltd. She has previously served as an executive director at Alexander Forbes Ltd and Vodacom SA (Pty) Ltd and a non-executive director of Life Healthcare Ltd and African Bank Ltd. She was also the chairperson of the Commission for Employment Equity.

Board appointment:

April 2015

Preston Speckmann

Preston Speckmann (67)

BCompt (Hons), CA(SA)

Experience

Preston has held managerial and executive positions at MMI Holdings, Old Mutual SA and Pepkor Group. He served as the Group Finance director of MMI Holdings for a period of 16 years prior to his retirement. He is a former PwC audit partner. Preston was appointed to the board in August 2018. Preston currently serves as a non-executive director of Santam Ltd and various Sanlam Ltd and Santam Ltd subsidiary companies including MiWay, Centriq, Safrican and Sanlam Investments. He is the chairperson of various audit and risk committees in the Sanlam Group.

Board appointment:

August 2018

Mametja Moshe

Mametja Moshe (44)

BCom (Accounting), BCom Hons (Management accounting), MBA, (CA)SA

Experience

Mametja brings extensive financial experience and expertise to the board having worked previously as an investment banker at Morgan Stanley and UBS AG, and as an auditor at KPMG. Her expertise spans audit, mergers and acquisitions, equity and debt capital markets, corporate tax as well as BEE transaction advisory in a number of industries including mining, telecommunication, financial services and manufacturing. She is the founder and CEO of Moshe Capital (Pty) Ltd, a South African advisory and investment firm. She also serves as non-executive director of Impala Canada Ltd.

Board appointment:

July 2022

Non-executive director

Boitumelo Koshane

Boitumelo Koshane (45)

BCom (Hons), CA(SA)

Experience

Boitumelo was appointed to the board as a non-executive director representing Royal Bafokeng Nation (RBN). She serves on various boards linked to the Royal Bafokeng entities and was previously a non-executive director of Impala Platinum Ltd.

Board appointment:

August 2019

Executive directors

Nico Muller

Nico Muller (57)

BSc (Mining Engineering)

Experience

Nico was appointed to the board in April 2017 as chief executive officer and executive director. He has had a long career in the mining industry that has exposed him to multiple commodities ranging from diamonds, gold and platinum. Nico serves as chairperson of subsidiaries Impala Platinum Ltd and Impala Canada Ltd. He is also a non-executive director of Zimplats Holdings Ltd and Impala Bafokeng Resources Proprietary Ltd.

Board appointment:

April 2017

Meroonisha Kerber

Meroonisha Kerber (51)

BCom, HDipAcc, CA(SA)

Experience

Meroonisha was appointed to the board in August 2018 as chief financial officer and executive director. She previously spent 10 years at Deloitte after which she held various senior positions at Anglo American Platinum Ltd and AngloGold Ashanti Ltd. Meroonisha serves on the boards of Impala Platinum Ltd, Impala Canada Ltd, Zimplats Holdings Ltd and Impala Bafokeng Resources Proprietary Ltd.

Board appointment:

August 2018

Lee-Ann Samuel

Lee-Ann Samuel (46)

BA (Psychology) and an Honours in Political Science

Experience

Lee-Ann was appointed to the board in November 2017. She has held senior positions in human resources across financial services, mining and telecommunications industries. Lee-Ann serves on the boards of Impala Platinum Ltd, Impala Bafokeng Resources Proprietary Ltd and Impala Canada Ltd.

Board appointment:

November 2017

Management

Tim Hill

Tim Hill

Chief Executive Officer: Impala Canada

Meroonisha Kerber

Meroonisha Kerber

Chief Financial Officer

Tebogo Llale

Tebogo Llale

Company Secretary

Alex Mhembere

Alex Mhembere

Chief Executive Officer: Zimplats

Patrick Morutlwa

Patrick Morutlwa

Chief Operating Officer

Moses Motlhageng

Moses Motlhageng

Chief Executive: Impala Rustenburg

Nico Muller

Nico Muller

Chief Executive Officer

Kirthanya Pillay

Kirthanya Pillay

Group Executive: Corporate Development

Lee-Ann Samuel

Lee-Ann Samuel

Group Executive: People

Sifiso Sibiya

Sifiso Sibiya

Group Executive: Refining and Marketing

Johan Theron

Johan Theron

Group Executive: Corporate Affairs

Committee structure

The board, assisted by its committees, steers, sets direction, approves policy and planning, and monitors ethics, regulatory compliance and remuneration strategies to align employees with the Group’s purpose and strategic intent.

Independent non-executive directors: Thandi Orleyn, Dawn Earp, Ralph Havenstein, Billy Mawasha, Mametja Moshe, Sydney Mufamadi, Mpho Nkeli, Preston Speckmann, Bernard Swanepoel.

Non-executive director: Boitumelo Koshane

Executive directors: Nico Muller, Meroonisha Kerber, Lee-Ann Samuel

The board

The board sets the direction for the Group to realise its purpose, vision and values by providing strategic direction and holding management accountable for implementation.

Audit and risk committee

Ensures the integrity of financial reporting and audit processes, and the maintenance of sound risk management and internal control systems.

Health, safety and environment committee

Monitors the implementation of the Group’s strategy on employee health and safety, and the protection of the environment.

Nominations, governance and ethics committee

Shapes governance policies, plans for board and committee succession and drives board effectiveness through evaluations. In addition, it monitors the implementation of the Group's ethics management programme.

Social, transformation and remuneration committee

Monitors Group activities to ensure Implats maintains its social licence to operate and oversees the Group employment and remuneration practices.

Strategy and investment committee

Assists the board in discharging its responsibilities relating to the oversight of the Group’s capital assets and financing strategy. The committee assists the board with evaluating and approving the Group’s business development objectives, including mergers and acquisitions.

Membership
  • Ms D Earp – chairperson
  • Mr R Havenstein
  • Ms MJ Moshe
  • Mr PE Speckmann
  • Mr R Havenstein – chairperson
  • Ms B Koshane
  • Ms MEK Nkeli
  • Mr B Mawasha
  • Mr NJ Muller
  • Ms LN Samuel
  • Adv NDB Orleyn – chairperson
  • Dr FS Mufamadi
  • Ms D Earp
  • Ms MEK Nkeli
  • Mr ZB Swanepoel
  • Ms MEK Nkeli – chairperson
  • Ms BT Koshane
  • Mr B Mawasha
  • Adv NDB Orleyn
  • Mr PE Speckmann
  • Mr ZB Swanepoel
  • Mr ZB Swanepoel – chairperson
  • Ms D Earp
  • Mr R Havenstein
  • Ms MJ Moshe
  • Ms M Kerber
  • Mr NJ Muller

Board diversity

Gender

The board aims to maintain a balance between male and female board members and to ensure that female representation is at least 40%.

Independence

Race

The board promotes the appointment of directors from different races and cultures to ensure diverse representation of stakeholders. The board endeavours to maintain HDP representation above 50%.

Age

The board ensures an optimal balance of emerging talent and seasoned experience, fostering a dynamic blend of fresh perspectives and seasoned expertise.

Implats governance policies

King IV
King IV Reporting
Policy documents
Anti-Bribery and Anti-Corruption (ABAC) Policy
Code of Ethics
Conflict of Interests Policy
Fraud, Corruption and Whistleblowing policy
Human Rights Policy
Procurement Policy
Risk Policy
Responsible Sourcing of Metals Policy
Suppliers and Contractors Code of Conduct
Tax Policy
Mining Charter reports
Impala Mining Charter report
Marula Mining Charter report
Afplats Mining Charter report
Responsible Platinum and Palladium Sourcing Compliance report
Impala Platinum RMI Due Diligence Report 2024
Responsible Platinum & Palladium Certificate 2024 (LPPM)
RMAP Assessment Report – Impala Rustenburg 2024
RMAP Assessment Report – Impala BMR 2024
RMAP Assessment Report – Impala PMR 2024
Impala Platinum Limited Assurance Report 2024
Impala Platinum Limited Compliance Report 2024
Responsible Platinum and Palladium Certificate 2023
Impala Platinum Limited Assurance Report 2023
Impala Platinum Limited Compliance Report 2023
Impala Platinum Compliance report 2022
Responsible Platinum and Palladium Certificate 2022
Independent Auditors Limited Assurance report 2022
Impala Platinum Compliance report 2021
Independent Auditors Reasonable Assurance report 2021
Responsible Platinum & Palladium Certificate 2021
BBBEE reporting
Impala Platinum Holdings Limited BEE Certificate
Marula Platinum BEE Certificate
Impala Platinum Limited BEE Certificate
Impala Bafokeng Resources (Pty) Ltd BEE Certificate
Compliance Report 2023
Compliance Matrix
Implats Board Policies
Board Charter
Board Nomination and Appointment Policy
Board Diversity Policy
Board Evaluation Policy
Human Resources Policies
Fair Pay Policy Statement and Guiding Principles
Diversity
Employee Wellness
Gender Equality and Mainstreaming
Harassment, Bullying and Victimization
Sexual Harassment