Edition:
India

Transaction Capital Ltd (TCPJ.J)

TCPJ.J on Johannesburg Stock Exchange

1,755.00ZAc
23 Oct 2018
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Summary

Name Age Since Current Position

Christopher Seabrooke

64 2014 Non-Executive Independent Chairman of the Board

David Hurwitz

46 2014 Chief Executive Officer, Executive Director

Ronen Goldstein

36 2016 Finance Director, Executive Director

Terry Kier

49 2010 Chief Executive Officer of SA Taxi

David McAlpin

54 2013 Chief Executive Officer - Transaction Capital Risk Services

Mark Herskovits

43 2016 Executive Director, Capital Management

Jonathan Jawno

51 2014 Executive Director

Michael Mendelowitz

52 2014 Executive Director

Theresa Palos

2017 Company Secretary

Paul Miller

53 2017 Non-Executive Director

Roberto Rossi

55 2014 Non-Executive Director

Olufunke Ighodaro

2017 Non-Executive Independent Director

Phumzile Langeni

45 2009 Non-Executive Independent Director

Kuben Pillay

57 2016 Non-Executive Independent Director

Diane Radley

52 2018 Non-Executive Independent Director

Phillipe Welthagen

IR Contact Officer

Biographies

Name Description

Christopher Seabrooke

Mr. Christopher (Chris) Stefan Seabrooke serves as Non-Executive Independent Chairman of the Board of Transaction Capital Ltd. Chris is a financier and investor who has been a director of more than 25 listed companies. He is currently CEO and controlling shareholder of Sabvest Limited, chairman of Metrofile Holdings Limited, Net1 U.E.P.S. Technologies Inc and Torre Industries Limited, deputy chairman of Massmart Holdings Limited and a director of Brait S.E., Cell C Limited, Datatec Limited and Rolfes Holdings Limited. Chris is also a director of numerous unlisted companies, including chairman of Conance Limited (UK) and General Pacific Capital Limited (Monaco), and deputy chairman of SA Bias Industries Proprietary Limited (RSA). He is a former chairman of the South African State Theatre and former deputy chairman of both the inaugural National Arts Council and the founding board of Business & Arts South Africa.

David Hurwitz

Mr. David Hurwitz is Chief Executive Officer, Executive Director of Transaction Capital. David is a chartered accountant, having served his articles at Grant Thornton, Johannesburg. He has been active in debt capital markets since 1997, holding employment at both a specialist structured finance organisation and a large local bank. In 2005 he joined Transaction Capital’s founding shareholders to acquire African Bank’s Commercial Vehicle Finance division (now SA Taxi). Shortly thereafter Transaction Capital was formed, where David established and led the capital markets team for a period of five years, and later served as the CFO of SA Taxi for 18 months. He was appointed to Transaction Capital’s main board as group chief risk officer in April 2012 and thereafter served as the group CFO. In January 2014, David was appointed as the group CEO of Transaction Capital Limited.

Ronen Goldstein

Mr. Ronen Goldstein is Finance Director, Executive Director of the Company. Ronen served his articles at PricewaterhouseCoopers in Johannesburg, and held positions at KPMG and Standard Bank. Ronen joined Transaction Capital in 2012 and has been involved in all aspects of the group executive office, including tax, company secretarial, remuneration and group finance. With effect from 1 December 2014, Ronen was appointed as the group’s company secretary, overseeing the company’s secretarial function and corporate governance structures. In August 2016, Ronen was appointed as financial director with responsibility for the group’s finance and accounting functions.

Terry Kier

Mr. Terry Kier serves as Chief Executive Officer of SA Taxi, a subsidiary of Transaction Capital Ltd. He was part of the original team that drove the growth of Software Connection into a national chain. Thereafter, he co-founded SoftwareMart in partnership with JSE Limited-listed OfficeMart, before joining Softline in the early 90s. He filled a number of executive positions within the Softline Group and was part of the team that saw Softline Holdings Limited list on the JSE Limited in 1996. He went on to become the CEO of Pastel Software and remained a Softline Holdings board member. In 2005, he left Softline to start a medical software company which was sold to the Bytes Technology Group in 2007. Terry joined Transaction Capital as CEO of Mortgage Capital to build a property-focused business unit within the group. In August 2010, Terry was appointed CEO of SA Taxi.

David McAlpin

Mr. David McAlpin serves as Chief Executive Officer - Transaction Capital Risk Services (TCRS) of Transaction Capital Ltd. He has extensive international and local business experience and has held senior executive positions in the Massmart Group, CNA, Forza and the Lewis Group. During his seven years with the Massmart Group, David held the positions of commercial director and managing director of Dion Stores. David was the CEO of Forza (a listed luxury motor and outdoor leisure lifestyle distribution group) for four years and was the managing director of CNA for three years, where he was responsible for the turnaround and repositioning of the company. He holds BCom (Rhodes University), MBA (University of Cape Town), ACMA.

Mark Herskovits

Mr. Mark D. Herskovits is Executive Director, Capital Management of Transaction Capital Ltd. Mark served his articles at Deloitte & Touche in Johannesburg. After staying on as a manager until 2001, he joined Rand Merchant Bank as a corporate bond investment analyst in the special projects international division. In 2007, Mark joined Transaction Capital and was involved in various acquisitions for the group. He joined the capital markets division in 2009 and headed up the team from June 2010, where he remained until his appointment in January 2014 as group CFO. In August 2016, Mark transferred to SA Taxi in the role of capital markets director, but retaining the overall responsibility for the group’s capital management strategy and activities.

Jonathan Jawno

Mr. Jonathan Michael Jawno serves as Executive Director of Transaction Capital Ltd. After completing his articles at Arthur Andersen, Jonathan co-founded Stratvest in 1995. In 1997, African Bank (then Theta Financial Services Limited) acquired 50% of Stratvest, leading to the formation of Nisela Growth Investments. He held the position of joint CEO of Nisela Growth Investments until 2002. Thereafter Jonathan went on to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital. Jonathan was appointed as an executive director in June 2010.

Michael Mendelowitz

Mr. Michael P. Mendelowitz is Executive Director of Transaction Capital. After completing his articles at Deloitte & Touche in 1990, Michael co-founded Stratvest in 1995. In 1997, African Bank (then Theta Financial Services Limited) acquired 50% of Stratvest, leading to the formation of Nisela Growth Investments. He held the position of joint CEO of Nisela Growth Investments until 2002. Thereafter Michael went on to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital. Michael was appointed as an executive director in December 2011.

Theresa Palos

Paul Miller

Mr. Paul Miller serves as Non-Executive Director of the Company. Mr Miller is a qualified corporate lawyer who built his career at the international law firm Berwin Leighton Paisner LLP, where he became a senior partner and led the capital markets team for a number of years. During his 25 year legal career he built an international corporate practice and executed numerous equity capital market transactions and merger and acquisition deals, with a particular focus on the real estate, financial services and technology sectors. Paul is the CEO of Everglen Capital Proprietary Limited (formerly JMR Holdings Proprietary Limited) and a non-executive director of Stenprop Limited, which is listed on the JSE Limited and the Bermuda Stock Exchange. He is also a consultant to Berwin Leighton Paisner LLP.

Roberto Rossi

Mr. Roberto Rossi serves as Non-Executive Director of Transaction Capital Ltd. He founded Miners Credit Guarantee in 1991 to provide credit card-type facilities to mine workers. In 1998, Nisela Growth Investments (part of African Bank) acquired 50% of the shareholding in Miners Credit Guarantee. Shortly thereafter, Roberto assumed an executive role at African Bank Limited and was subsequently responsible for establishing, acquiring and operating several of the businesses owned by African Bank. After selling his remaining shares in Miners Credit Guarantee to African Bank in 2003, Roberto partnered with Jonathan Jawno and Michael Mendelowitz to acquire and grow the group of companies that in 2007 became the foundation of Transaction Capital.

Olufunke Ighodaro

Ms. Olufunke Ighodaro serves as Non-Executive Independent Director of the Company, with effect from 1 April 2017. Ms Olufunke has served as CFO of Tiger Brands Limited and Primedia Limited. She is a fellow of the Institute of Chartered Accountants in England and Wales, and was an executive director of Kagiso Trust Investment group where she set up the inaugural private equity fund. Olufunke is a non-executive director of the members’ advisory board for Africa of the Institute of Chartered Accountants in England and Wales, a non-executive director of Datatec Limited and an executive director of Emerging Markets Telecommunications Services Limited (formerly known as Etisalat Nigeria).

Phumzile Langeni

Ms. Phumzile Langeni is Non-Executive Independent Director of Transaction Capital Ltd. She is a stockbroker by training, Phumzile is executive chairman of Afropulse Group Proprietary Limited, non-executive chairman of Mineworkers Investment Company Proprietary Limited, a non-executive director of Massmart Holdings Limited, Imperial Holdings Limited, Primedia Proprietary Holdings Limited, The Ridge School Board, Metrofile Holdings and Redefine Properties Limited. Phumzile is also an independent non-executive director on the boards of SA Taxi and Transaction Capital Risk Services. She was previously the economic adviser to the former Minister of Minerals and Energy. Previously, Phumzile also worked as an executive director and vice president of dual-listed junior platinum miner, Anooraq Resources.

Kuben Pillay

Mr. Kuben Pillay serves as Non-Executive Director Independent of the Company. Kuben was appointed as CEO of the advertising division of Primedia Limited in September 2002 and as CEO of the group in September 2009. Kuben was appointed as the executive chairman of Primedia Limited in February 2014, and relinquished his position in January 2015, after which he served in the capacity of non-executive chairman until December 2016. An attorney by profession, Kuben was a managing financial partner at attorneys Cheadle Thompson and Haysom before joining Mineworkers Investment Company Proprietary Limited in 1996 as founding executive director. He has previously served as the chairman of Mineworkers Investment Company, and is currently the non-executive chairman of Cell C Limited as well as a non-executive of the Outsurance group of companies. Kuben has previously both chaired and served on the boards of public companies.

Diane Radley

Ms. Diane C. Radley is Non-Executive Independent Director of the company. She is a CA (SA) and obtained an MBA from Wits Business School and completed an Advanced Management Programme at Harvard Business School. Ms Radley was a Partner at PricewaterhouseCoopers, where she led the Transaction Services Group, advising on local and international listings and corporate transactions. In 2001 Ms Radley joined Allied Electronics Corporation as the Chief Financial Officer. In 2008 Ms Radley served as Old Mutual South Africa’s Group Finance Director for a three-year term, whereafter she was appointed as Old Mutual Investment Group’s CEO from 2010 until the end of 2016. Ms Radley has served as a non-executive director at Altech, Bytes Technology Group, Omnia, and WIPhold. Ms Radley is currently a non-executive director of Murray and Roberts and Base Resources.

Phillipe Welthagen

Basic Compensation