CORPORATE GOVERNANCE

Directorate

Executives
	A D Murray (54) BA, CA Appointed: 2007 Member of: Risk and Transformation committees Meetings attended by invitation: Audit, Remuneration and Nominations committees Joined the group: 1985 Doug joined the group in 1985 and was appointed as an executive director of The Foschini Group Limited in 2007. He is currently the chief executive officer of the group, a position he has held since 1 January 2008. Doug has extensive retail experience, having previously held the positions of MD of Pages (subsequently rebranded Exact!) and American Swiss Jewellers. He was appointed to the operating board in 1997 and served as the retail director of the group for eight years prior to his appointment as CEO.

	R Stein (61) B Comm, CA(SA) Appointed: 1999 Member of: Risk committee Meetings attended by invitation: Audit and Transformation committees Joined the group: 1996 Ronnie is currently the chief financial officer. He joined the group in 1996 and was appointed to the operating board in 1997. Prior to joining the group he was an accountant and auditor in public practice. He was a partner at Kessel Feinstein for 15 years.

	P S Meiring (55) Appointed: 2009 Joined the group: 1983 Peter is currently the group director of the group’s financial services division, a position he has held since 1998. He was appointed to the operating board in 1999. He also holds the position of chairman of the RCS Group. Peter has extensive experience in consumer credit lending. He also has experience in information technology, specifically financial systems. He has held various roles in the group’s IT department, as well as within Pages (subsequently rebranded Exact!) before moving to the financial services division in 1992.
Non-Executives
	D M Nurek (61) Chairman (appointed 2009) Diploma in Law, Graduate Diploma in Company Law Appointed: 1990 Member of: Remuneration, Risk, Nominations and Transformation committees Chairman of: Risk and Nominations committees Meetings attended by invitation: Audit committee Also a director of: Aspen Pharmacare Holdings Limited, Clicks Group Limited, Distell Group Limited, Lewis Group Limited, Mobile Industries Limited, Sun International Limited and Trencor Limited. David is a very experienced director and serves on a number of board committees in relation to the various companies listed above. He has been employed in an executive capacity by Investec Bank since 2000. He serves as the regional chairman of Investec’s various businesses in the Western Cape and as global head of legal risk. Prior to joining Investec he practised as a commercial attorney at Sonnenberg, Hoffmann Galombik for more than 30 years, ultimately serving as chairman.

	PROF. F Abrahams (48) B Econ (Hons), M Comm, D Comm Appointed: 2003 Member of: Remuneration and Transformation committees Chairperson of: Remuneration and Transformation committees Also a director of: Clicks Group Limited and Lewis Group Limited. Fatima is a registered industrial psychologist and is currently a senior professor in Industrial Psychology at the University of the Western Cape (UWC). She previously served as Dean of the Faculty of Economic and Management Sciences at UWC and served as chairperson of Victoria and Alfred Waterfront Holdings. She is chairperson of TSiBA Education, a non-profit private higher educational institution.

	S E Abrahams (72) FCA, CA(SA) Appointed: 1998 Member of: Audit and Nominations committees Chairman of: Audit committee Open invitation: Risk committee Also a director of: Investec PLC and Investec Limited. Sam is a very experienced director. He was formerly the international partner and South African managing partner of Arthur Andersen.

	W V Cuba (56) BSc (Land Surveying), BSc (Info. Systems), MBA Appointed:1998 Member of: Audit committee Also a director of: Vox Telecom Limited. Vuli has extensive business consulting experience having previously been employed by Accenture and Monitor Consulting. He is currently president and chairman of NGN Telecoms, a voice and data telephony business he founded in 2001. Prior to this he was the founder and head of Octagon, a business consulting and training organisation, as well as the founder of MTA Consulting. In 2008 he left Safika Holdings, a widely respected investment company which he co-founded in 1995 which specialises in taking an equity interest in black economic empowerment-driven transactions.

	K N Dhlomo (38) BA (Comm, Ind. Psych.), MBA Appointed: 2009 Khanyi is the founding manager of Ndalo Media (a media company she co-owns with Media24) which publishes print and digital products, as well as being the founding editor of Destiny, a business and lifestyle magazine for women. Prior to this she held various media-related roles, including editor of True Love, and also served as the manager of SA Tourism in France. She also serves on the Advisory Council of the University of Stellenbosch Business School and serves as Patron of Orion, a non-profit therapeutic and training centre for people with mental, physical and intellectual disabilities. She was chosen as a Young Global Leader for 2010 by the World Economic Forum.

	M Lewis (52) BA (Econ) (Hons) Appointed: 1989 Member of: Nominations committee Michael has been a non-executive director of The Foschini Group Limited since 1989. He is currently the chairman of Oceana Investment Corporation Limited, a private UK investment company and of Strandbags Holdings Limited, an Australian retail company comprising some 450 stores. Michael is also a director of Histogenics Inc., a US-based bio-technology company; Axel springer, one of Europe's largest media companies; Cheyne Capital Management Limited, a UK-based fund manager; and United Trust Bank Limited.

	E Oblowitz (53) B Comm, CA(SA), CPA (Isr) Appointed: 2010 Member of: Audit and Risk committees Also a director of: Mobile Industries Limited, Sun International Limited and Trencor Limited Eddy was appointed to the board of The Foschini Group Limited on 1 October 2010. He has considerable audit experience having spent 21 years in professional practice, most notably as a senior partner of the Cape Town, Durban and Port Elizabeth offices of Arthur Andersen. In addition he served as a member of the firm’s worldwide Retail and Distribution Industry Team. He is currently the CEO of Stonehage Financial Services (Proprietary) Limited which provides multi-family office, wealth management and advisory services to an extensive international client base.

	D M Polak (62) Appointed: 1996 Member of: Risk committee Dennis has extensive retail experience, having retired from TFG in 2007 after 39 years of service. He served in various operational roles within the various divisions of the group before being appointed as group retail director in 1996. He served as group CEO for the 10 years prior to his retirement.

	N V Simamane (51) BSc (Biochem) (Hons) Appointed: 2009 Member of: Audit committee Also a director of: Cashbuild Limited and Oceana Group Limited. Noma has extensive marketing and advertising experience, having previously held the positions of marketing manager at Unilever, marketing director of British American Tobacco and managing director of BLGK Bates advertising agency. She is currently managing director of Zanusi Brand Solutions, a branding consultancy she founded in 2001. She has played an active role in the Association of Marketers in South Africa and has served on a regional advisory council of the UN Development Programme. She has worked in the United States and Kenya.

CORPORATE GOVERNANCE

Directorate

Executives

Non-Executives