Directorate
Sibusiso Luthuli
Independent non-executive Chairman
CA (SA)
Sbu Luthuli is the independent non-executive Chairman of our board. He is the Chief Executive of the Eskom Pension and Provident Fund. Prior to that he was the Chief Executive Officer of Ithala Limited. Sbu is also a non-executive director of Telkom SA Limited, and has served on various other boards and audit committees. He is a qualified Chartered Accountant (SA).
Jerome Smith
Chief Executive Officer
Group Chief Executive Officer since September 2007, Jerome Smith has spent his career in the pharmaceutical industry. In 1992, he founded the Cipla Medpro business, one of the first generic medicines businesses in South Africa. With a strong belief that healthcare is a right, not a privilege, and determined to ensure the provision of world class, affordable medicines in South Africa, he strategically aligned the business with Indian pharmaceutical giant Cipla India. He has led Cipla Medpro to its current standing as South Africa’s third largest and fastest growing of the top 20 pharmaceutical companies.
Chris Aucamp
Chief Financial Officer
CA (SA)
Chris Aucamp has been Financial Director of Cipla Medpro for 15 years, prior to which he worked for SARS for two years and then in commerce as a financial director of a FMCG company. Appointed as Group Chief Financial Officer in October 2007, he has extensive knowledge of the pharmaceutical industry and oversees all the day-to-day financial affairs of both the Cipla Medpro and CMM divisions. Chris was an integral member of the team that oversaw the capital raising and acquisition of Cipla Medpro by Enaleni Pharmaceuticals Limited in 2005.
Bongani Caga
Non-executive director
LLB (Bachelor of Law), LLM (Masters) International Business Law
Bongani Caga is a director of Umnombo Consulting as well as Sweet Sensation 67 (Pty) Limited, which is our BEE Consortium. He is also a deputy Chairman of Sunspace, the company that manufactured the Sumbandila Satellite on behalf of the Department of Science and Technology. He is a former legal executive of New Africa Mining Fund, which was a Private Equity Mining Fund, capitalised at R560 million. Before joining the Fund, Bongani was an investment banker in the Corporate Finance Division of Standard Corporate and Merchant bank (SCMB). At SCMB his career highlight was being part of the team to govern on the listing of Telkom on the Johannesburg Stock Exchange (JSE) and New York Stock Exchange. Previously, he worked as a legal analyst with the Special Investigations Unit and the Truth and Reconciliation Commission in East London. Bongani was awarded a Nelson Mandela Scholarship to study for a Masters in International Business Law, with Leiden University in the Netherlands.
Johan du Preez
Independent non-executive director
M Pharm; MBA
Johan du Preez is the founder and Managing Director of SAAD Investment Holdings, an investment company primarily focusing on establishing new financial services entities. He has been involved in various industries locally and in the USA, including pharmaceutical retail, medical insurance and risk management, investment management, life insurance and financing. Johan brings extensive corporate experience to the CMSA board, having previously held the positions of Chief Executive Officer of ADATO Capital, Glacier by Sanlam (previously called Innofin) and Sanlam Health. He has an MPharm from the University of Pretoria, as well as an MBA from the National University in San Diego, California.
Nthabiseng Mokone
Independent non-executive director
CA (SA)
Nthabiseng Mokone is the founding partner of Moche Mokone Capital Partners and Landomed. She was previously head of the Amabubesi Health Services and its Private Equity Fund. She has spent time in deal origination, structuring, capital raising, and execution at Amabubesi. In her role, she participated in some of the major deals concluded by Amabubesi and continued to add value to the investee companies by representing Amabubesi at their respective boards. Before Amabubesi, Nthabiseng was with ABC South Africa, a subsidiary of African Banking Corporation Holdings Limited, where she held the position of group head accountant. Before that she was with Pioneer Foods’ Sacko Milling in Krugersdorp. Her career started in 1996 when she joined Transtel, division of Transnet, and in 2002 moved to Transnet Group Finance to start Training Outside Public Practice until 2003.
Mpho Mosweu
Independent non-executive director
CA (SA); MBL
Mpho Mosweu is head of the Techno Industries business unit at the Industrial Development Corporation. She is involved in various audit committees and has significant commercial experience, which together with her technical and governance acumen, adds significant value to the board of CMSA.
Sandile Zungu
Independent non-executive director
BSc (Mechanical Engineering); MBA
Sandile Zungu is the executive Chairman and founder of Zungu Investments Company (Zico) which has diversified holdings in various sectors including financial services, media, resources and gaming. He has a wealth of corporate experience and was previously the Chairman of Barnard Jacobs Mellet Holdings. He is currently Chairman of the Africa Vanguard group of companies (part of Zico) as well as non-executive director of Grindrod Limited, Supercare Cleaning Services, G4S Cash Management Services and Outdoor Network. He also serves as the Presidential Advisory on the BBBEE Advisory Council, the Board of Trustees of the International Marketing Council, on the Advisory Board of the University of Cape Town (UCT) Graduate School of Business and on the management committee of Business Unity SA. In addition to a BSc degree and an MBA from the UCT Graduate School of Business, Sandile also has certification in Global Leadership from the Harvard Business School in Boston, USA.