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Board of directors

Patrice Motsepe (47)

Executive chairman

BA (Legal), LLB

Patrice Motsepe

Appointed to the Board in 2003. Patrice Motsepe became Executive Chairman during 2004. Patrice was a partner in one of the largest law firms in South Africa, Bowman Gilfillan Inc. He was a visiting attorney in the USA with the law firm, McGuire Woods Battle and Boothe. In 1994 he founded Future Mining, which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997, which listed on the JSE in 2002. ARMgold merged with Harmony in 2003 and this ultimately led to the take over of Anglovaal Mining (Avmin). In 2002 he was voted South Africa’s Business Leader of the Year by the CEOs of the top 100 companies in South Africa. In the same year, he was the winner of the Ernst & Young Best Entrepreneur of the Year Award. He is also the Non-executive Chairman of Harmony and the Deputy Chairman of Sanlam. His various business responsibilities included being President of Business Unity South Africa (BUSA) from January 2004 to May 2008, BUSA is the representative voice of organised business in South Africa. He is also President of Mamelodi Sundowns Football Club.

André Wilkens (60)

Chief executive officer

Mine Managers Certificate of Competency, MDPA (Unisa), RMIIA

André Wilkens

Appointed to the Board in 2004. André Wilkens was formerly the Chief Executive of ARM Platinum, a division of ARM. Prior to this, he was Chief Operating Officer of Harmony following the merger of that company with ARMgold in 2003. He served as Chief Executive Officer of ARMgold after joining the Company in 1998. The balance of his 34 years’ mining experience was gained with Anglo American Corporation of South Africa, where he commenced his career in 1969 and culminated in his appointment as Mine Manager of Vaal Reefs South Mine in 1993.

Mike Arnold (52)

Financial director

BSc Eng (Mining Geology), B Compt (Hons), CA (SA)

Michael Arnold

Appointed to the Board in 2009. Mike Arnold’s working career started in the mining industry in 1980 when he was employed as a geologist at Anglo American Corporation. He qualified as a Chartered Accountant (SA) in 1987 and completed his articles at a large South African auditing firm. Mike joined ARM in 1999 as the Group Financial Manager of Avgold Limited and in 2003 was appointed as its Financial Director. Most recently, he was the Chief Financial Officer of ARM.


Mangisi Gule (57)

Executive director: ARM Coal

BA (Hons) Wits, P & DM (Wits Business School)

Mangisi Gule

Appointed to the Board in 2004. Mangisi Gule was appointed Chief Executive of ARM Platinum on 27 February 2005 and in May 2007 he was appointed Chief Executive of ARM Coal. He has extensive experience in the field of management, training, human resources, communications, corporate affairs and business development. Apart from his qualifications in business management from Wits Business School, Mangisi has proven experience in leadership and mentorship. He has been a lecturer, as well as chairman of various professional bodies and a member of various executive committees and associations. He has also been an executive director and board member for ARMgold as well as an executive director and board member of Harmony. He is currently director of ARM Coal, ARM Mining Consortium Limited and Modikwa Mining Personnel Services (Pty) Ltd.

Stompie Shiels (53)

Executive director: Business Development

BSc (Mining Eng), MBL, Mine Managers Certificate

Stompie Shiels

Appointed to the Board in 2008. Stompie Shiels joined ARM in May 2005 after 14 years with Lonmin Platinum where he was the Operations Director for the mines. Prior to that he was employed by Rand Mines in the Gold and Platinum Division. After graduating he worked at E.R.P.M. from miner to manager. He then commissioned the T.G.M.E mine and plant before going to Crocodile River Mine after Rand Mines acquired it. He started his mining career as a learner surveyor at Delmas Collieries prior to attending university to study mining.

Jan Steenkamp (55)

Executive director: ARM Ferrous

National Met Diploma, Mine Managers Certificate, MDP, Cert. Eng

Jan Steenkamp

Appointed to the Board in 2005. Jan Steenkamp started his career with the Anglovaal Group in 1973.Trained as a mining engineer, he has worked at and managed group mining operations within the gold, copper, manganese, iron ore and chrome sections. He was appointed as Managing Director of Avgold Limited in September 2002 and also serves on the board of Assmang Limited. In May 2003, Jan was appointed to the Avmin board and was appointed Chief Executive Officer of Avmin on 1 July 2003 after serving as Chief Operating Officer. an currently holds the position of Chief Executive of ARM Ferrous.

Steve Mashalane (46)

Executive Director: ARM Platinum

BCom (Hons), PMD (Harvard Business School)

Steve Mashalane

Appointed to the Board in 2006. Steve Mashalane had been the Head of Department of Economic Affairs and Tourism in Limpopo for ten years prior to joining ARM. He has extensive experience in management, research and business development. He is a member of the Economic Research Council and is affiliated with various professional bodies. Steve joined ARM in 2005 and was appointed as the Company’s Senior Executive for Business Development. Following the formation of ARM Coal in February 2006, Steve was appointed as the Chief Executive of that division in July 2006 and was appointed Chief Executive of ARM Platinum in May 2007.

Dr Manana Bakane-Tuoane (61)

Independent non-executive director

BA, MA, PhD (Economics)

Dr Manana Bakane-Tuoane

Appointed to the Board in 2004. Dr Manana Bakane-Tuoane has extensive experience in the economics field. Her 20 year career in the academic field included lecturing at various institutions including the University of Botswana, Lesotho and Swaziland (UBLS), National University of Lesotho (NUL), University of Saskatchewan (Sectional Lecturer) and the University of Fort Hare as Head of Department and Associate Professor. During this part of her career she was seconded to work in the public service, where she has held various senior management positions since 1995. Concurrent with the above, Manana has been a member and office bearer of several international organisations including, Winrock International and the African Economic Research Consortium (AERC).

Frank Abbott (54)

Non-executive director

BCom, CA (SA), MBL

Frank Abbott

Appointed to the Board in 2004. Frank Abbott joined the Rand Mines/Barlow Rand Group in 1981, where he obtained broad financial management experience at an operational level. He was appointed financial controller to the newly formed Randgold in 1992 and was promoted to financial director of that group in October 1994. Until 1997, he was a director of the gold mining companies Blyvooruitzicht, Buffelsfontein, Durban Roodepoort Deep and East Rand Proprietary Mines. Initially a non-executive director of Harmony, he was appointed as financial director of the company in 1997. Frank was appointed financial director of ARM in 2004 while remaining on Harmony’s board as a non-executive director. In August 2007, Frank was seconded to Harmony as interim financial director and in August 2009 Frank retired as ARM’s financial director. He is now a Non-Executive Director of ARM.


Joaquim Chissano (69)

Independent non-executive director

BA, MA, PhD

Joaquim Chissano

Appointed to the Board in 2004. Joaquim Chissano is a former President of Mozambique who has served that country in many capacities, initially as a founding member of the Frelimo movement during that country’s struggle for independence. Subsequent to independence in 1975 he was appointed foreign minister and on the death of Samora Machel in 1986 assumed the office of President. Frelimo contested and won the multi-party elections in 1994 and 1999, returning Joaquim to the presidency on both occasions. He declined to stand for a further term of office in 2004. His presidency commenced during a devastating civil war and ended with the economy in the process of being reconstructed. He served a term as chairman of the African Union from 2003 to 2004. Joaquim is also a non-executive director on Harmony’s board. In 2006, Joaquim was awarded the annual Chatham House Prize, which is awarded for significant contributions to the improvement of international relations. He was the recipient of the inaugural Mo Ibrahim Prize for Achievement in African Leadership in 2007.

Mike King (72)

Independent non-executive director

CA(SA), FCA

Mike King

Appointed to the Board in 2004. Mike King served his articles with Deloitte, Plender, Griffiths, Annan & Co. (now Deloitte) and qualified as a chartered accountant (SA). He later became a Fellow of The Institute of Chartered Accountants in England and Wales (FCA). After 13 years with merchant bank Union Acceptances Limited, he joined Anglo American Corporation of South Africa Limited in 1973 as a manager in the finance division and in 1979 was appointed Finance Director. In 1997, he was appointed Executive Deputy Chairman of Anglo American Corporation. He was the Executive Vice-chairman of Anglo American plc from its formation in May 1999 until his retirement in May 2001. Mike is a non-executive director of a number of companies.

Alex Maditsi (47)

Independent non-executive director

B.Proc, LLB, LLM

Alex Maditsi

Appointed to the Board in 2004. Alex Maditsi is employed by The Coca-Cola Company. Previously, he was the Senior Director Operations Planning and a legal director for Coca-Cola Southern & East Africa. Prior to his joining Coca-Cola, Alex was the legal director for Global Business Connections in Detroit, Michigan. He also spent time at The Ford Motor Company and Schering-Plough in the USA, practising as an attorney. Alex was a Fulbright Scholar and a member of the Harvard LLM Association.

Roy McAlpine (67)

Independent non-executive director

BSc, CA

Roy McAlpine

Appointed to the Board in 1998. Roy McAlpine joined Liberty Life in 1969 and retired as an executive director in 1998 in order to diversify his interests. He is a former Chairman of the Association of Unit Trusts of South Africa and currently serves on the boards of a number of listed companies.


Dr Rejoice Simelane (57)

Independent non-executive director

BA (Econ and Acc), MA, PhD (Econ)

Dr Rejoice Simelane

Appointed to the Board in 2004. An economist by training, Rejoice Simelane commenced her career at the University of Swaziland, as a lecturer in economics. Since then she has worked at the National Department of Trade and Industry, in the Macroeconomic Policy Unit and at the National Treasury where she headed the Public Utility Pricing and Regulation sub-directorate of the Macroeconomic Policy Chief Directorate. She later served in the capacity of Special Adviser, Economics, to the Premier of Mpumalanga until mid-2004, when she assumed the position of Chief Executive of Ubuntu-Botho Investments. Rejoice’s board directorships include ARM, Sanlam, Mamelodi Sundowns Football Club and the Council of Medical Schemes. A recipient of the CIDA Scholarship and a Fulbright Fellow, she is also a member of the Advisory Board of the Bureau for Economic Policy Analysis (BEPA) of the University of Pretoria and the Presidential Economic Advisory Panel (PEAP).

Bernard Swanepoel (48)

Non-executive director

BSc (Min Eng), BCom (Hons)

Bernard Swanepoel

Appointed to the Board in 2003. Bernard Swanepoel started his career with Gengold in 1983, culminating in his appointment as General Manager of Beatrix Mines in 1993. He joined Randgold in 1995 as Managing Director of the Harmony mine. He was appointed Chief Executive Officer of Harmony in 1997. In August 2007 he left Harmony to start To-the-Point Growth Specialists. Bernard is a Non-executive board member of Sanlam Limited.


Anton Botha (56)

Independent non-executive director

BCom (Marketing), BProc, BCom (Hons), SEP (Stanford)

Anton Botha

Appointed to the Board in 2009. Anton Botha is a director and co-owner of Imalivest, a private investment group that manages proprietary capital provided by its owners, the Imalivest Flexible Funds and a private hedge fund. He also serves as a non-executive director on the boards of the JSE Limited, the University of Pretoria, Vukile Property Fund Limited (Chairman), Sanlam Limited and certain Sanlam subsidiaries. He is a past president of the AHI (Afrikaanse Handelsinstituut). Anton spent most of his career as Chief Executive Officer of Gensec, building it into a leading South African investment banking group that became a wholly-owned subsidiary of Sanlam Limited in 2000.


Annual report 2009

Annual report 2009

Annual report HTML
Annual report PDF (8.2MB)



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