BOARD OF DIRECTORS 1. 2. 1. DR HK (Hilton) DAVIES Date of birth: 23 January 1933 Qualifications: BCom; DEconSc Independent non-executive chairman of Altech Chairman of the Altech remuneration and nomination committee (resigned as chairman during the year Experience: 48 years in the De Beers and Anglo American Groups which included some years as non-executive director of Altech. Until recently he also served as chairman of Waco International. Prior to retirement he held the following positions: Joint deputy chairman of Anglo American Industrial Corporation, chairman of LTA and the Boart Longyear Group. He also served as a director of Investec Bank. He joined the Altech board in 1996. 2. Dr JEW (John) CARSTENS Date of birth: 19 January 1950 Qualifications: BCom (Hons); MCom; PhD; CA(SA) Chief financial officer of Altech Chairman of the audit committees of Altech NuPay, Arrow Altech Holdings and other local and global Group subsidiaries Chairman of the risk committee of Altech NuPay and other local and global Group subsidiaries Chairman of Altech Stream East Africa remuneration committee Director of Altech Netstar, Altech Autopage Cellular, Altech UEC, Arrow Altech Holdings, Kenya Data Networks and various other local and global Group subsidiaries Member of Altech s business risk, executive committees and Altech Academy Board Trustee of the Altron Pension Fund and the Altron Medical Aid Scheme and of the Altech Stream East Africa Pension Fund Experience: 27 years in electronics, telecommunications and power electrical industries. Previously in the auditing profession and academic field. Joined the Altech board in 1996. 18 \ Altech Integrated Annual Report 2011
ENGAGE EXPAND ENRICH EMPOWER 3. 4. 3. PMO (Peter) Curle Date of birth: 19 May 1946 Qualifications: MA (Oxon) Executive director of Altron Executive director of Altech: Corporate Finance Member of the Altron executive committee Experience: 40 years in merchant banking/corporate finance activities in South Africa and internationally. Re-joined the Altron Group in 1997, having previously served as an executive director from 1983 1986. He joined the Altech board in 2000. 4. ML (Moss) Leoka Date of birth: 19 May 1950 Qualifications: BA (Economics) Executive Director of Breeze Power (Pty) Limited (Lesotho) Executive Director of Harrison & White Investments (Pty) Limited Experience: Extensive management experience at some of South Africa s leading corporations, including Tiger Oats, JSE Securities Exchange, Standard Bank Investment Corporation, KPMG and Alliance Capital. Served on the boards of Airports Company SA, National Sorghum Breweries, Cadbury, African Merchant Bank, CNA-Gallo and Alliance Capital. He is a past president of the Johannesburg Chamber of Commerce & Industry and chaired the business committee of the United States South Africa BI-National Commission. He joined the Altech board in 1998. Altech Integrated Annual Report 2011 \ 19
BOARD OF DIRECTORS continued 5. 6. 5. R (Ramani) NAIDOO Date of birth: 17 May 1962 Qualifications: BA; LLB; Certificate in Mergers and Acquisitions Chairman of the Altech remuneration and nomination committee (appointed April 2011) Member of the University of Pretoria Centre for Responsible Leadership Former non-executive directorships include African Bank Limited, Juta and Company Limited, Stellenbosch Vineyards Limited Member of the Advisory Council of the Unisa Centre for Corporate Citizenship. Experience: An admitted Attorney, Notary Public and Conveyancer, Ramani spent seven years in private legal practice before taking up her first corporate role as company secretary of the Airports Company SA. Her other positions have included head of legal services for the Southern Sun Group, director of Edward Nathan Corporate Governance Advisory Services and Group Company Secretary of Adcock Ingram Holdings Limited. Ramani has a special interest in, and has written extensively on corporate governance. She is the author of The Effective Directors Guide and Corporate Governance An Essential Guide for South African Companies, the second edition of which was published in November 2009. She joined the Altech board in 2004. 6. M (Moses) Sindane Date of birth: 4 January 1952 Qualifications: BCom; BCompt (Hons); MBA (UK); CA(SA) Chairman of the Altech business risk committee Member of the Altech audit as well as the remuneration and nomination committees Senior partner of Gobodo Inc Experience: 16 years in the accounting and auditing profession, which includes Office of the Auditor General as a Corporate Executive; Senior Executive Partner within Ernst & Young and currently a director at Gobodo Incorporated. Seven years in retail banking at Standard Bank and African Bank where he occupied senior executive positions. 20 \ Altech Integrated Annual Report 2011
ENGAGE EXPAND ENRICH EMPOWER 7. 8. Former CEO of Northwest Development Corporation. He joined the Altech board in 2008. 7. ZJ (Zakhele) Sithole Date of birth: 27 May 1955 Qualifications: BAcc; BCom (Hons); Higher Diploma Tax Law; Higher Diploma Company Law; CA(SA) Chairman of the Altech audit committee and University of Zululand Foundation Chairman of Command Holdings Limited and a director of the Public Investment Corporation, South African Airways and Growth Point Trustee of Government Employee Pension Fund Member of the South African Institute of Chartered Accounts, Advancement of Black Accountants of Southern Africa, Association of Certified Fraud Examiners and Institute of Directors South Africa Experience: 31 years in the accounting and auditing profession. He founded Sithole & Co, and co-founded Ebony Financial Services. He joined the Altech board in 2008. 8. AMR (Alex) Smith Date of birth: 12 January 1969 Qualifications: Bachelor of Law (Honours) (Edinburgh); CA Chief financial officer and financial director of Altron Director of Altech, Bytes, Powertech and various other Group companies Member of the Altron executive committee and risk management committee as well as the Altech risk management committee Experience: 14 years in the accounting profession with PricewaterhouseCoopers, both in the UK and South Africa. Initially involved in auditing, later spending eight years in the transaction services/ corporate finance fields. Five years of experience in financial management within the Altron Group. Alex is a member of the Institute of Chartered Accountants of Scotland. Joined the Altech board in 2008. Altech Integrated Annual Report 2011 \ 21
BOARD OF DIRECTORS continued 9. 10. 9. DR WP (Bill) Venter Date of birth: 29 July 1934 Qualifications: DPhil (Bus Man) (UJ); MPhil (Bus Man) (UJ cum laude); MBA (Wales); DCom (hc) (UP, UFS and UPE); DSc (Eng) (hc) (Natal); DEng (hc) (Wits); C Eng (UK) A UK chartered engineer and founder of Altron, through Allied Electric in 1965 and recipient of the Order of Meritorious Service Gold (O.M.S.G), as awarded by the State President of South Africa for his significant contribution to South Africa s electronics industry. Non-executive chairman of Altron, Bytes and Powertech Non-executive director of Altech, Bytes and Powertech, former chairman of the CSIR and past director of AMIC Limited and Nedbank Limited Member of the Altron nomination committee and remuneration committee Experience: Some 45 years devoted to entrepreneurial endeavours and initiatives in the electronics, telecommunications and power electrical industries, both in South Africa and offshore, firstly as design engineer then marketing manager at STC (SA) and thereafter chief executive and latterly as chairman of the Altron Group. He has played an important role in developing the South African electronics and electrical industry into the key component of the national economy that it is today. Awarded the Sunday Times Lifetime Achievement Award in 2006, and the Minister s Technology Top 100 Lifetime Achiever Award in 2009, in recognition of his significant contribution to technology development in South Africa. Voted as one of the top five Businessmen of the year by the Sunday Times Business Times. Awarded the SETA ICT Legend Award (2009) for his contribution to ICT development in southern Africa. Joined the Altech board in 1975. 10. CG (Craig) Venter Date of birth: 4 July 1962 Qualifications: BA (Econ) (UCLA); BA (Psychology) (UCLA); MBA (USC); MSc (Mgmt Science)(USC) Chief executive officer of Altech 22 \ Altech Integrated Annual Report 2011
ENGAGE EXPAND ENRICH EMPOWER 11. Executive director of Altron Director of Altech Netstar, Altech Autopage Cellular, Kenya Data Networks, Swift Global (Kenya) and various other subsidiaries of the Altech Group, both local and global Chairman of Altech s Executive Committee, Altech Autopage Holdings, Arrow Altech Holdings, Altech Alcom Matomo, Altech UEC Multi-media, Altech Information Technologies, Altech NuPay and the Altech Academy Member of the Altron executive committee and risk management committee, as well as Altech s business risk committee A member of the world-wide Young Presidents Organisation (YPO) A board member of the Ministry of Science and Technology s Technology Innovation Agency (TIA) Experience: 23 years in senior management positions in the Altech Group. He joined the Altech board in 1993. 11. RE (Robert) Venter Date of birth: 7 May 1960 Qualifications: BSc (Econ) (UCLA); MBA (UCLA) Dean s List Chief executive officer of Altron Director of Altech, Bytes and Powertech and various other Group companies Chairman of Aberdare Cables Chairman of the Altron executive committee Member of the Altron risk management committee Experience: 4 years merchant banking experience in the United States, the latter part as Vice-President, Bear Stearns and Co. Inc (1987 1990). 21 years experience in senior management positions in the Altron group (1990 current), including chief executive officer of Aberdare Cables (1993 1996), chief executive officer of Powertech (1996 2001), before joining Altron as chief executive (2001 current). Joined the Altech board in 2001. Altech Integrated Annual Report 2011 \ 23