NOTICE: Change of NBF Board of Directors

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As a valued stakeholder of the NEPAD Business Foundation, we would like to inform you of the changes in the constitution of our Board of Directors as announced at our 8th Annual General Meeting held on Tuesday, 19 September 2017. 

We would like to extend our heartfelt thanks to Mr Stanley Subramoney who stepped down as NBF Chairman at the AGM having served in this position from 2010 to 2017. Stanley has been appointed as a Patron to the NBF in recognition of his outstanding contribution to the organisation since its inception.

Geoff Mr Geoff Rothschild [CA (SA), MA (SA)], a founder member of the NBF has beedelected the new NBF Chairman. Geoff Chaired the NBF Operations Committee and he is a former Chairman of the Johannesburg Stock Exchange (JSE).
Andile Mr Andile Sangqu [B.Acc Sc (Hons), BCom, MBL] has been elected the new NBF Vice Chairman. Andile was appointed as a director of the NBF in 2015. Andile is the Executive Head of Anglo American South Africa.
Gregg Mr Gregory Nott [SA.BA, BL] has been appointed as the new Chairman of the NBF Operations Committee (OPSCO). Gregory was appointed as NBF Director in 2015. Gregory is a Director at Norton Rose Fulbright SA and Head of Africa Practice.
 Trevor Mr Trevor Brown [C.A.(SA)] has been appointed as new Chairman of the NBF Audit and Risk Committee. Trevor was appointed as NBF Director in 2015. Trevor is the Chairman of Deloitte Africa.

Our full list of Directors and Patrons is as follows:

Mr. Geoff Rothschild: Chairman of the Board

Mr. Andile Sangqu: Vice Chairman  of the Board

Mr. Gregory Nott: Operations Committee Chainman

Mr. Trevor Brown: Audit and Risk Committee Chairman

Mrs. Lynette Jules (formerly Lynette Chen): Chief Executive Officer and Executive Director

Mr. Cas Coovadia: Managing Director, Banking Association of South Africa

Mr. Martyn Davies (Newly appointed - 2017): Managing Director Emerging Markets & Africa, Deloitte Africa

Prof. Mahomed Jahed: Director of Parliamentary Budget Office, Parliament of South Africa

Ms. Kirti Narsai (Newly Appointed - 2017): Senior Director, Government Affairs and Policy, Sub-Saharan Africa, Johnson & Johnson

Mr. Khaya Ngema: Group Executive - Strategy, Transnet SOC Ltd

Prof. Wiseman Nkuhlu: Managing Director, Eclecticcap

Mrs. Yvonne Mhinga: Managing Director, Chaka Chaka Promotions and Princess of Africa Foundation

Mr. Sean Murphy: Group Representative East Africa/Account Leader Power Africa, Mott-MacDonald PDNA

Mr. Mark Williams: Founder, Surenet


Patrons of the NBF

Ms. Graça Machel: Founder, The Graça Machel Trust

Dr. Nkosana Moyo: Founder, Mandela Institute of Development Studies (MINDS)

Dr. Reuel Khoza: Former NBF Chairman and CEO AKA Capital

Mr. Stanley Subramoney: Former NBF Chairman and CEO of Menston Holdings 


Thank you once again to all our stakeholders for your support over the past decade. Your continued participation has been the catalyst that has enabled us to conduct interventions that are helping unlock African potential. 

For more information about the NEPAD Business Foundation please visit our website on  where are our latest integrated report is available.


By order of the Board

Tonderai Mazingaizo

Company Secretary 




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