Bidcorp Group - Directors

Directors

Stephen Koseff

Independent Non-Executive Chairman

Age:

72

Qualifications:

B.Comm, CA(SA), MBA, H Dip. BDP and Hon. DCom (Wits)

Appointed:

August 16 2017

Board committee:

Nominations committee (chairman) ▍

Experience and expertise: Stephen is the former chief executive officer of the Investec Group. Dual listed on the London Stock Exchange and the Johannesburg Stock Exchange. Stephen was with Investec for 39 years in various capacities and CEO from 1996 to 2018. In 2017, Stephen was awarded an Honorary Doctor of Commerce Degree by the University of the Witwatersrand. He is a former non-executive director the South African Banking Association, a former board member of Business Leadership South Africa, former non-executive director and chairman of the South African Banking Association, a former director of the JSE Limited, a former member of the Financial Markets Advisory Board, and former chairman of the Independent Bankers Association. Stephen is a non-executive director of Investec Ltd, Investec Plc, the Investec Australia Property Fund and chairman of Bid Corporation Limited, Bud Group (Pty) Ltd, IEP Group (Pty) Ltd and co-chair of Youth Employment Service (YES).
Bernard Larry Berson

Chief Executive

Age:

58

Qualifications:

BComm and BAcc

Appointed:

March 10 2016

Board committee:

Social and ethics committee, Acquisitions committee ▍▍

Experience and expertise: Since 1996, Bernard has been involved in all aspects of the development of Bidcorp’s foodservice business in Australia, New Zealand and Asia, and in 2010 assumed responsibility for Bidcorp’s global foodservice businesses, including its operations in the UK and Europe. Over the past 21 years Bernard has been involved in all material acquisitions and directing the strategic focus of the businesses. Bernard was appointed as chief executive of Bid Corporation Limited on April 14 2016.
David Edward Cleasby

Chief financial officer

Age:

61

Qualifications:

CA(SA)

Appointed:

September 12 2007

Board committee:

Acquisitions committee ▍

Experience and expertise: David was financial director of Rennies Terminals when Bidvest acquired Rennies group in 1998. In 2001, he joined the Bidvest corporate office where he was involved in both group corporate finance and investor relations. David was appointed as Bidvest financial director on July 9 2007. David managed Bidvest’s interests in the investments made by the group over the years. David was appointed as chief financial officer of Bid Corporation Limited on April 14 2016.
Tasneem Abdool-Samad

INDEPENDENT NON-EXECUTIVE DIRECTOR

Age:

49

Qualifications:

CA(SA)

Appointed:

September 16 2019

Board committee:

Social and ethics committee (chairman), Audit and risk committee ▍▍

Experience and expertise: In 2014 Tasneem was appointed to the Board of Reunert Limited as non-executive director and is a member of the audit committee; risk committee; and nominations and governance committee. Chairs the investment committee. Tasneem sits on the board of Absa Group Limited as non-executive director. Member of the group audit and compliance committee, member of the board finance committee and the group credit risk committee. Appointed to the board of Absa Financial Services Limited as a non-executive director. Member of the Absa Financial Services Group Actuarial Committee (which includes a number of entities in the Wealth, Investment and Insurance Cluster). Chairs the Absa Financial Services Audit Risk and Compliance Committee (which includes in its terms of reference a number of the regulated entities and public entities within the Wealth, Investment and Insurance Cluster of the Absa Financial Services Group). Appointed to the board of Long4Life Limited as a non-executive director.
Paul Cambo Baloyi

INDEPENDENT NON-EXECUTIVE DIRECTOR

Age:

67

Qualifications:

MBA (Manchester Bangor University of Wales), SEP (Harvard), AMD: ENSEAD (France), MDP (Stellenbosch University)

Appointed:

March 10 2016

Board committee:

Acquisitions committee (chairman), Audit and risk committee, Remuneration committee, Nominations committee ▍▍▍▍

Experience and expertise: Paul is the managing director of CAP Leverage Proprietary Limited. He is a former chief executive officer and managing director of the Development Bank of Southern Africa. Paul also served as chief executive officer and managing director of DBSA Development Fund. Paul has spent 30 years in the financial services sector, with both Standard Bank and the Nedbank group. His last position at Nedbank was as managing director of Nedbank Africa. Paul has been an independent non-executive director on many boards locally and internationally, including African financial institutions. He was a council member of the Institute of Bankers and also served as chairman of the Ned Medical Aid. Other boards include Discovery Bank Limited and Discovery Bank Holdings Limited and CAP Leverage Proprietary Limited. Paul also serves on various board committees (audit, risk, remuneration and nominations) as member and chairman.
Brian Joffe

Independent Non-Executive Director

Age:

76

Qualifications:

CA(SA)

Appointed:

August 17 1995

Board committee:

Acquisitions committee, Nominations committee ▍▍

Experience and expertise: The founder of the Bidvest Group Limited and Bidcorp, Brian has over 50 years commercial experience, both locally and internationally. Amongst his achievements, Brian has been recognised by Sunday Times as SA’s businessman of the year, won the SA chapter of the Ernst & Young Entrepreneur Award and represented SA at the World Entrepreneur Awards. Profiled as one of South Africa’s Greatest Entrepreneurs by MME Media in association with Gordon Institute of Business Science, Brian has been named by Wits Business School Journal as one of SA’s top 25 business leaders with significant impact on SA business.

Brian is the recipient of an Honorary Doctorate in Commerce from the University of South Africa, an Honorary Doctorate in Commerce from the University of Witwatersrand and awarded the Sunday Times Lifetime Achiever Award. He has been included in the Forbes list of the 20 most influential people in Africa and awarded the CNBC All Africa Life time Achievers Award. Brian currently serves as CEO of Long4Life Limited, a company he founded and listed on the JSE in 2017 and serves as a non-executive director of Bidcorp.
Keneilwe Rachel Moloko

INDEPENDENT NON-EXECUTIVE DIRECTOR

Age:

54

Qualifications:

NDip (Building Survey), BSc (QS), BCom, PGDA, CA(SA)

Appointed:

July 5 2021

Board committee:

Audit and risk committee, Social and ethics committee ▍▍

Experience and expertise: Keneilwe started her career as a quantity surveyor and then qualified as a chartered accountant after nearly a decade in the construction industry. Keneilwe serves as an independent non‐executive director on the boards of Brimstone Investment Corporation Limited and Long4Life Limited.
Nigel George Payne

LEAD INDEPENDENT
NON-EXECUTIVE DIRECTOR

Age:

63

Qualifications:

BCom (Hons), CA(SA), MBL

Appointed:

March 20 2016

Board committee:

Remuneration committee (chairman), Acquisitions committee, Audit and risk committee, Nominations committee, Social & ethics committee ▍▍▍▍▍

Experience and expertise: Nigel is a professional non-executive director, with no executive responsibilities. He is a director of the Mr Price Group Limited (chairman), Alexander Forbes Holdings Limited and Vukile Property Fund Limited.
Clifford Johann Rosenberg

Independent Non-Executive Director

Age:

59

Qualifications:

Bachelor of Business Science (Hons) – University of Cape Town; Master of Science in Management (Hons) – Boston University

Appointed:

September 16 2019

Board committee:

Acquisitions committee, Remuneration committee ▍▍

Experience and expertise: Clifford is a non-executive director of Nearmap Limited and Technology One Limited and A2B Limited. Clifford has over 20 years of experience in the digital space as an entrepreneur and as an executive, with specific experience in disrupting businesses. His previous executive roles include Managing Director, South-East Asia, Australia & New Zealand for LinkedIn (2009–2017), Managing Director of Yahoo! Australia & New Zealand (2003–2006) and Founder and Managing Director of iTouch Australia and New Zealand, one of the largest mobile content and application providers in Australia.
Helen Wiseman

INDEPENDENT NON-EXECUTIVE DIRECTOR

Age:

57

Qualifications:

BSc (Hons) University of Manchester, CA, GAICD, IDP-C INSEAD

Appointed:

March 20 2016

Board committee:

Audit and risk committee (chairman), Social and ethics committee ▍▍

Experience and expertise: A non-executive director, Helen has extensive international business experience across a range of sectors including food, pharmaceutical, manufacturing, distribution, mining, energy and financial services. Prior to embarking on her non-executive career, Helen was a partner at KPMG Australia. Helen chaired Bidvest’s International foodservice business divisional audit committees from 2011 to 2016.

Helen has held various board and audit committee roles, including her current Bidcorp non-executive director role and audit and risk committee chairman for Bidcorp. Helen is currently a director of Elixinol Global Limited, the Australian Consumer Association (Choice) and Imalia. She is also Patron of SHINE for Kids (Australia).