Qualifications Postgraduate Diploma in Economic Principles (University of London), AMP (Harvard), MSc (University of London)
Appointed March 2018
Areas of expertise and contribution Experience in the fields of finance and economics including having previously held the position of Deputy Minister of Finance from 2004 to 2008
Other directorships Brait SA, Development Bank of Southern Africa, Vodacom, Harith General Partners
Chief Executive Officer (CEO)
Matias Cardarelli
Qualifications
Executives Programs from Yale, SMU, Penn State and Wharton Business School
MBA, U.C.E.M.A University, 2005
LLM, Austral University, 1999
Juris Doctor (JD) Law, UCA University, 1995
Appointment December 2023
Areas of expertise and contribution
Remarkable track record in the cement industry in 5 different countries – 3 of which are on the African continent, successfully leading the turnaround and transformation of multiple organisations through the design and execution of strategies resulting in improved efficiencies, reduced cost, redefined route to market strategies, boosted margins and EBITDA, and increased cash generation.
Other directorships
None
Chief Financial Officer (CFO)
Brenda Berlin
Qualifications
Chartered Accountant of South Africa - CA(SA)
Program for Management Development, Harvard Business School, 1995
Corporate Finance Elective of the MBA, Wits Business School, 1991
Bachelor of Commence, University of Witwatersrand, 1986
Appointed February 2021
Areas of expertise and contribution
Strategy formulation
Mergers & Acquisitions
Legal and compliance
Strategic finance
Strong mining experience
Fund raising
Finance control including treasury and tax
Other directorships
None
Independent Non-Executive Director
Kunyalala Maphisa
Qualifications
Leadership Programme, African Leadership Institute, Oxford University, UK, 2006
LLM (International Trade Law), University of Cape Town, 2003
LLB, University of Cape Town, 2001
BA (Industrial Relations and Public Administration), University of Cape Town, 1998
Appointed January 2021
Areas of expertise and contribution
Legal
Mergers & Acquisitions
African continent experience and network
B-BBEE strong knowledge
Other directorships
University of Cape Town
Businesswomen’s Association of South Africa
Independent non-executive director
Noluvuyo Mkhondo
Qualification BAcc (University of the Witwatersrand), MBA (London Business School), CA(SA)
Appointed March 2018
Areas of expertise and contribution
Investment banking and corporate finance experience including mergers and acquisition, investment evaluation, strategic long-term financial planning and cross-border transactions
Other directorships
Novus Holdings Limited
Value Capital Partners
Metair Investments
Independent non-executive director
Nonkululeko Gobodo
Qualification CA(SA)
Appointed February 2017
Areas of expertise and contribution
Accounting, auditing, advisory, mergers and acquisitions, entrepreneurship and leadership consulting
Other directorships
Clicks Group Limited
Nkululeko Leadership Consulting
Independent Non-Executive Director
Bjarne Moltke Hansen
Qualifications
BSc (Engineering), Danish Academy of Engineering (Akademiingeniør (B)), 1984
INSEAD, Young Managers Program,1991
Various relevant leadership programs
Appointed 1 November 2021
Areas of expertise and contribution
Growing businesses
Strategy work
Acquisitions and divestments
Right sizing businesses
People and team development
Cultures
Communication
Board work | also in the role of the chairman
Other directorships
Aalborg Portland Holding A/S
Bladt Industries A/S
Pindstrup Mosebrug A/S
RM Rich. Müller A/S and Rich. Müller Foundation
Randers Tegl A/S and Højslev Teglværk A/S
Per Aarsleff Holding A/S
LKAB (100% Swedish owned)
ODICO A/S
Danish SGD Investment Fund, Investment Committee
Independent non-executive director
Charles Naude
Qualifications BSc (Hons) (geology, chemistry) (University of Pretoria), MBL (Unisa)
Appointed January 2015
Areas of expertise and contribution Over 30 years’ experience in all facets of the cement industry, including aggregates, readymix and lime
Independent non-executive Director
Mark Richard Thompson
Qualifications BCom, LLB, BAcc, CA(SA)
Appointed May 2019
Areas of expertise and contribution
Wide ranging international finance and general business experience in a highly competitive global industry as chief financial officer of Sappi Limited and, post his retirement from Sappi, non-executive positions in the FirstRand group, private equity, industry and construction.
Other directorships
Hudaco, Sasfin Bank, Bravo Group (private-equity owned), First Rand Insurance Company
A former senior banker and Head of Corporate Finance for Standard Bank in South Africa. Prior to that he worked at the Financial Institutions Groups at Nomura International plc, PwC Corporate Finance in London and at SG Hambros South Africa. He has originated and led complex transactions across M&A, equity capital markets, restructurings, private equity and BEE in sub-Saharan Africa, UK, Europe and Asia. He has industry experience across the constriction, property, industrials, financial services, consumer and hospitality sectors.
Other directorships
Value Capital Partners
DLS Advisors
Group Executive Committee
Chief Executive Officer (CEO)
Matias Cardarelli
Qualifications
Executives Programs from Yale, SMU, Penn State and Wharton Business School
MBA, U.C.E.M.A University, 2005
LLM, Austral University, 1999
Juris Doctor (JD) Law, UCA University, 1995
Appointment December 2023
Areas of expertise and contribution
Remarkable track record in the cement industry in 5 different countries – 3 of which are on the African continent, successfully leading the turnaround and transformation of multiple organisations through the design and execution of strategies resulting in improved efficiencies, reduced cost, redefined route to market strategies, boosted margins and EBITDA, and increased cash generation.
Other directorships
None
Chief Financial Officer (CFO)
Brenda Berlin
Qualifications
Chartered Accountant of South Africa - CA(SA)
Program for Management Development, Harvard Business School, 1995
Corporate Finance Elective of the MBA, Wits Business School, 1991
Bachelor of Commence, University of Witwatersrand, 1986
Appointed February 2021
Areas of expertise and contribution
Strategy formulation
Mergers & Acquisitions
Legal and compliance
Strategic finance
Strong mining experience
Fund raising
Finance control including treasury and tax
Other directorships
None
Chief Operations Officer (COO)
Ernesto Acosta
Qualifications
Direction Development Program, IAE Business School, 2013
BEng Electronic, Universidad Nacional de San Juan, 1999
Appointment January 2024
Areas of expertise and contribution
Strategic leadership – design and execution
Supply chain/Logistics management and improvement
Engineering and technical expertise
Start up greenfield/brownfields
Operations management and optimization
Business improvement and optimization
Safety, Occupational health and Environmental management
Employee engagement
Stakeholder management
Project management
Other directorships
None
Chief Legal and Compliance Officer (CLCO)
Kevin Ross
Qualifications
Mining and Minerals Technology and Business Overview Program, University of Johannesburg, 2014
Certificate (Competition Law), University of Witwatersrand, 2013
