Gary qualified as a chartered accountant in 1995 after completing his articles with Deloitte. In 1996, he joined a private company in the timber industry which was soon thereafter acquired by Steinhoff Africa Holdings Proprietary Limited (‘Steinhoff’). Gary held various positions and fulfilled various roles in Steinhoff’s timber and furniture-related operations. He then joined PG Bison and was appointed to the board in August 2006 and appointed as chief executive officer in November 2011. In June 2012, KAP Industrial Holdings Limited (‘KAP’) acquired PG Bison, whereupon Gary was appointed to the KAP executive committee and later assumed full responsibility for KAP’s diversified industrial segment. In November 2014, Gary was appointed as chief executive officer of KAP and as a member of the social and ethics committee.
Frans qualified as a chartered accountant in 2004 and performed his articles at KPMG Inc. in Johannesburg. After completing his articles, Frans joined Riso Africa Proprietary Limited for a short while during 2005 as financial manager, following which he joined Steinhoff Africa Holdings Proprietary Limited in 2006 as a financial manager. In 2009, Frans joined PG Bison as group financial manager and was appointed as chief financial officer of PG Bison in 2010. KAP Industrial Holdings Limited acquired PG Bison in 2012. Frans was promoted to the role of chief financial officer for the diversified industrial segment of KAP in 2015. He was later appointed as chief financial officer of KAP Industrial Holdings Limited on 15 April 2016.
Jo has more than 20 years’ experience in finance and banking. In 1976, he founded Medical Leasing Services, a company providing specialised financial services to medical doctors. In 1987, the business was sold to the Absa Group, the name was changed to MLS Bank and Jo was appointed chief executive, a position he held until 1995. He established Imperial Bank and served on the main board of Imperial Holdings until joining Unitrans Limited as chief executive in September 1998. Jo was appointed as a non-executive director of Steinhoff International Holdings, following the approval and implementation of the acquisition by Steinhoff of the majority shareholding in Unitrans Limited, subsequently becoming a non-executive alternative director on the Steinhoff International Holdings board in December 2007 until he resigned in December 2015. Jo was appointed as chief executive officer of KAP Industrial Holdings Limited in 2012. He stepped down as chief executive and was appointed executive chairman in November 2014, and as non-executive deputy chairman in January 2017.
After completing his articles with Ernst & Young, Theo worked for four years as a corporate tax consultant. He joined Murray & Roberts as financial director of its marine construction operation. He spent five years with Gensec Investment Bank as part of its corporate finance advisory unit, focusing on mergers and acquisitions, capital raisings and related structuring functions. During 2003, he joined Steinhoff as a senior executive responsible for mergers and acquisitions, corporate advisory services and investor relations. He acted as chief executive officer of the group’s building material retail business from 2008 to 2015. Theo also serves as a director of IEP Group Proprietary Limited. He was appointed as a non-executive director of KAP Industrial Holdings Limited on 1 September 2017. In January 2018, Theo joined the board of Steinhoff International Holdings N.V. as operations director.
Louis qualified as an attorney of the High Court of South Africa in 1997, after completing his articles. He joined Jan S de Villiers and was appointed a partner of the firm in 1998. With the merger of Werksmans Attorneys in 2009, he became a member of the national executive committee of the combined firm and served in that capacity until early 2017. While practising as an attorney, Louis advised clients on a variety of corporate and commercial matters. He joined the Steinhoff Group as general counsel in mid-2017. Louis was appointed as a non-executive director of KAP Industrial Holdings Limited on 1 September 2017. In December 2017, he was appointed as commercial director of Steinhoff International Holdings N.V. He has also served as a director of Pepkor Holdings Limited since January 2018.
Jaap was appointed as senior general manager of the Trust Building Society in 1984, as financial director at SMK Securities Proprietary Limited in 1988, and as their portfolio director in 1990. He was a founder member of PSG Group Limited in 1996, and has since served as a director on that board. He acted as chairman of PSG Konsult from its formation in 1998 until 2013, and is still a director. Jaap has served, and currently serves, as chairman of various national committees and boards. He was appointed as chairman of KAP Industrial Holdings Limited in 2012, and in 2013 as chairman of the nomination committee.
Ipeleng holds a Bachelor of Social Science degree from the University of Natal and has completed the Executive Development Programme (Wits 2004) and is an Archbishop Tutu Fellow. She founded Motseng Investment Holdings, where she is currently the chief executive officer. In November 2012, Ipeleng co-founded Delta Property Fund, a company listed on the Johannesburg Stock Exchange. She also serves as a non-executive director on the boards of South African Property Owners Association, Nampak and Attacq, and is a trustee of the Women’s Property Network Education Trust. Ipeleng was appointed as an independent non-executive director of KAP Industrial Holdings Limited in 2004. She chairs the social and ethics committee and serves as a member of the human resources and remuneration committee and the nomination committee.
Steve qualified as a chartered accountant and worked at KPMG from 1983 to 1992. In 1992, he joined Rand Merchant Bank as a senior credit manager, and in 1995, he joined Genbel Investments. Over the next 13 years, he functioned in various capacities within that group, including Chief Operating Officer: Equities of Genbel Securities Limited, executive director of Gensec Bank Limited, and served as a non-executive director and member of the audit and remuneration committees of various investee companies within the Genbel Securities Group. During 2008, he left the group to pursue his own interests. Steve served as an independent non-executive director and chairman of the audit committee of SACOIL from 2013 to 2016. In 2012, Steve was appointed as an independent non-executive director of KAP Industrial Holdings Limited and in 2014, he was appointed chairman of the KAP human resources and remuneration committee. He currently also serves on the audit and risk committee, the social and ethics committee and the investment committee. In January 2017, Steve was appointed as an independent non-executive director of the Phumulela Gaming and Leisure Limited board and as the chairman of the company’s audit committee. During August 2017, he was appointed as an independent non-executive director of Pepkor Holdings Limited, where he serves as the chairman of the human resources and remuneration committee,
and a member of the audit committee.
Sandile is a co-founder of Delta Property Fund and has nearly a decade and a half of experience in executive and non-executive positions. His entrepreneurial and forward-thinking persona has propelled him into becoming one of South Africa’s leading business executives. Sandile was appointed as an independent non-executive director of KAP Industrial Holdings Limited in 2004, and he is a member of the audit and risk committee.
Patrick was a partner at Ernst & Young until he moved overseas in 1987. During his nine years overseas, he was employed in the Corporate Finance Department of Schroders in London. He was one of the founding directors of Standard Bank in London and established Standard Bank’s presence in Hong Kong. Patrick returned to South Africa and was appointed a director of Dimension Data Holdings Limited in 1996, responsible for the global expansion of the group. Patrick retired from this position in 2014. He was the non-executive chairman of Datacraft Asia, an IT services company listed in Singapore, until it delisted in 2008 and an independent non-executive director of Unitrans Limited, until the acquisition by Steinhoff in 2007. Patrick was appointed as an independent non-executive director of KAP Industrial Holdings Limited in 2012, and serves as the chairman of the audit and risk committee. He is also a member of the nomination committee and the investment committee.
An executive committee of the executive directors and senior management of KAP carries out the day-to-day management of the group, as well as the tasks delegated to it by the board. The divisional chief executive officers are members of the executive committee.