Board of directors

Mpho Makwana - Independent Non-Executive Chairman

BAdmin (Honours), Post-Grad Dip (Retailing Management)    

Mpho is an accomplished business leader with diverse experiences spanning a period of more than 25 years in executive and C-Suite roles in the public and private sectors. He is currently Independent Non-Executive Chairman of JSE-listed ArcelorMittal South Africa Limited and also serves an Independent Non-Executive Director on the boards of JSE listed companies such as Adcock Ingram Holdings Ltd (AIHLF.PK), Nedbank Group Ltd (NDBKF.PK), Nedbank Ltd and Sephaku Holdings Limited (SEPJ.J).      


Jacob Modise - Independent Non-Executive Director

BCom (University of the Witwatersrand), B Acc (University of the Witwatersrand), CA(SA), MBA (WBS), AMP (Harvard)

Appointed Non-Executive Director on 1 October 2013. Has served on the boards of various professional organisations including the Independent Regulatory Board for Auditors (IRBA) and the South African Institute of Chartered Accountants (SAICA). He has served on a number of JSE listed boards such MTN, Altron and Eskom.


Nomavuso Mnxasana - Independent Non-Executive Director

BCom, BCompt (Hons), CA(SA)

Appointed Non-Executive Director on 1 October 2013. She has served as Group Audit and Risk Head at Imperial Holdings Limited and currently serves on the following JSE listed boards: Winhold, Nedbank and JSE. Nomavuso will serve as a member on the following committees of ArcelorMittal South Africa’s board: audit and risk committee and safety, health and environment committee.


Neville Nicolau - Independent Non-Executive Director

Mr Nicolau holds a BTech in Mining Engineering from the University of Johannesburg and an MBA from the University of Cape Town’s Graduate School of Business. He has a long history at Anglo American at which he was the COO and executive director of Anglo Gold Ashanti, he was also the CEO at Anglo American Platinum. He has over 35 years working experience in the mining sector which includes holding various technical, management and executive positions.


Lungile Cele - Independent Non-Executive Director

Ms Cele holds a BCom degree from the University of Fort Hare and various post-graduate tax qualifications from the University of Natal, including a Master of Accountancy (M.Acc.) degree. She is the founder and was the Chief Executive of Tax Solutions CC prior to its merger with Garach and Garach Accountants in 2011. Ms Cele currently holds various board memberships, including Hulamin Limited. She brings a wealth of commercial and tax expertise to the Board.

Monica Musonda - Independent Non-Executive Director

LL.B from the University of Zambia and an LLM in commercial Law and Finance from the University of London (Queen Mary College)

Ms Musonda is a dual qualified English Solicitor & Zambian Advivocate.

She has held senior positions in private practice with Clifford Chance & Edward Nathan
as well as worked as in house corporate counsel at International Corporation and for the Dangote Group. Her experience working with Aliko Dangote, one of the Africa's most successful entrepreneurs gave her the impetus to start Java Foods Limited. Ms Musonda currently serves as non-executive director on the Boards of Airtel Networks Zambia Plc (chair), Zambia Sugar Plc, Dangote Industries Limited, and sits on the Global Advisory Board for scaling up Nutrition Business Network. She was appointed by the UN Secretary General to be a member of the Lead Group of the scaling up Nutrition Movement. She is in the recipient of the 2017 African Agribusiness Entrepreneur of the Year Award.


Brian Aranha - Non-Executive Director

Brian holds a Bachelor of Applied Science degree from the University of Toronto, Canada. In addition, he has completed the Executive Development Program at Queen's University, School of Business, Canada.     

Brian joined Dofasco in 1979 as a member of the company's Research and Development Department. In 1989, he was assigned to the American Iron & Steel Institute (AISI) in Washington, D.C. and in 1991 he was part of a Canadian consortium conducting a study for the World Bank on restructuring the Polish steel industry.

In 1992, Brian returned to Dofasco where he held various positions in Supply Chain, Quality, Technology and Commercial until 2003 when he was named Vice President – Commercial. Brian took up additional responsibilities as Vice President, NAFTA automotive after integration into ArcelorMittal in 2007. He moved to Europe as CMO and head of Global Automotive in 2009 followed by other assignments in NAFTA region in 2012.

Currently, based in Luxembourg, Brian has responsibility for Global Automotive, R&D, Strategy Commercial Coordination and Automotive Joint Ventures in India and China, Corporate communication     


Raman Karol - Non-Executive Director

Chartered Accountant degree - The Institute of Chartered Accountants of India MBA – Rotterdam School of Management.

Mr Karol is Vice President, Head Group Accounting & Performance Management in ArcelorMittal Luxembourg. He joined the company in 2005 and has held various management roles in finance. He was also General Manager for Group Consolidation and Group performance Management.

Noluthando Gosa - Non-Executive Director

MBA (University of New Brunswick, Canada), BA Hons (Commns) (University of Fort Hare)

Ms Gosa was a member of the National Planning Commission that crafted the National Development Plan and Vision 2030. She holds an MBA from the University of New Brunswick, Canada, a BA Hons (Commns)from the University of Fort Hare and several other post-graduation qualifications in business administration. Before her entrepreneurial interests which started in 2004, Ms Gosa was a sell side Investment Analyst with Investec Bank. Prior to investment banking, she was one of the founding regulators of the then SA Telecommunications Regulatory Authority (now ICASA).


Gert Gouws - Non-Executive Director

B.Com (Law) and B.Com (Hons), CA(SA), Advanced Management Programme (Insead)

Gert is a Divisional Executive of the Industrial Development Corporation of South Africa Limited (IDC). He served as Chief Financial Officer of IDC until August 2015. Gert has a B.Com (Law) and B.Com (Hons) and qualified as a Chartered Accountant (SA). He is a Fellow of the Chartered Institute of Management Accountants (UK) and completed an Advanced Management Programme (Insead). After completing his auditing articles he joined the IDC in 1983. Gert was appointed as Chief Financial Officer of the IDC in 1999. Between 2003 and 2005 he served as Chief Operating Officer of the IDC. He is an alternate director of the IDC and serves as director of various IDC subsidiary companies.


Kobus Verster - Chief Executive Officer

BCom degree, University of Potchefstroom, BCom Economics (Hons.) University of Pretoria, MBL University of South Africa (Unisa) Executive Management Programme, University of Virginia, USA.

Kobus has more than 20 years’ experience in the steel industry. He started his career at Iscor South Africa. He was chief financial officer and executive director of ArcelorMittal South Africa from February 2006 to August 2010. 
He played a broader strategic role within the company during that period. Prior to his appointment as chief financial officer, he was General Manager corporate treasury at Mittal Steel in Rotterdam and held various senior roles in financial management and treasury in Iscor. Then Kobus served on the board of Aveng Limited as chief executive officer from 11 February 2014 until 26 September 2017.


Desmond Maharaj - Chief Financial Officer

Master’s degree in Finance and is a qualified Chartered Accountant, registered with the South African Institute of Chartered Accountants.

Desmond has served 17 years at senior executive level in finance or general management.