Corporate Governance
Governance Philosophy
Good governance underpins our value creation
The Board of SANBS serves as the focal point and custodian of corporate
governance in the Company. The way it performs its duties sets the tone for ethical
and effective leadership and it endeavours to embody the characteristics of
integrity, competence, responsibility, accountability, fairness and transparency.
For the year ended 31 March 2023 the Board is satisfied that it has fulfilled its
responsibilities in accordance with the Companies Act, the Board Charter, King IV
and other applicable regulatory and legislative requirements.
Corporate Governance Aligned to King IV Principles:
King IV underpins SANBS’ governance approach and the corporate governance
principles and practices which inform this. This chapter summarises our alignment to
the principles of King IV across the following categories:
- Leadership, ethics and corporate citizenship;
- Strategy, performance and reporting;
- Governing structures and delegation of authority;
- Governance of functional areas; and
- Stakeholder relationships.
We believe that Corporate Governance is key to:
Code Of Ethics
Chairman of the Board
Thabo Mokgatlha
Thabo Mokgatlha
Chairman of the Board
Knowledge/Skill & Experience
Corporate Governance/Ethics Accounting
Finance
Audit
Risk Management
Qualifications
BCom – NWU (1995)
Hons Bcopmt/ CTA – UNISA (1998)
CA(SA) (2001)
Appointed NED
Monica Vaithilingum
Monica Vaithilingum
Appointed NED
Knowledge/Skill & Experience
Corporate Governance/Ethics
Medical, Health and related industry experience
Qualifications
Paediatric Haematologist- HPCSA accredited (2001)
Specialist Paediatrician-FCPaeds, College of Medicine of South Africa – (1995)
Medical Doctor-MBChB, Natal Medical School (currently Nelson R Mandela School of Medicine) (1988)
Non-Executive Donor Director
Faith Burn
Faith Burn
Non-Executive Donor Director
Knowledge/Skill & Experience
Corporate Governance/Ethics
Audit
Strategy
Risk Management
Information Communication and Technology
Qualifications
B.Sc. (Mathematics and Computer Science) – RAU (1989)
B.Sc. Hons (Mathematics) – RAU (1992)
M.Sc. (Mathematics) – RAU (1997)
Masters in Business Leadership (MBL) elective in poroject manageent – UNISA (2000)
Certified internal auditor ( CIA) – Iinstitute of internal auditors (IIA) USA (2014)
Non-Executive Donor Director
Ms Phindile Mthethwa
Ms Phindile Mthethwa
Non-Executive Donor Director
Knowledge/Skill & Experience
Corporate Governance/Ethics
Strategy
B-BBEE (incl ESD)
Accounting
Stakeholder Management
Qualifications
B.Comm (Accounting and Human Resources)- Wits University (1996)
Management Development Programme – Stellenbosch University (2001)
B Theology Auckland Park Theological Seminary (ATS) (2017)
Non-Executive Donor Director
Lerato Molefe
Lerato Molefe
Non-Executive Donor Director
Knowledge/Skill & Experience
Corporate Governance/Ethics
Legal/Regulatory
Strategy
Risk Management
Stakeholder Management
Qualifications
BA (Economics, Government) (Smith College, 2000)
Masters in Law and Development (The Fletcher School, Tufts University, 2006)
Juris Doctor (Harvard Law School, 2006)
Executive MBA (Saïd Business School, University of Oxford, currently undergoing expected 2024)
Non-Executive Donor Director
Caroline Henry
Caroline Henry
Non-Executive Donor Director
Knowledge/Skill & Experience
Accounting
Finance
Audit
Risk Management
Stakeholder Management
Qualifications
B Com (WITS) (1990)
B Compt Acc (Hons) (UNISA) (1993)
CA (SA) (1993) (SAICA)
Appointed NED
Shauket Fakie
Shauket Fakie
Appointed NED
Knowledge/Skill & Experience
Accounting
Finance
Audit
Risk Management
Qualifications
B.COMPT – UNISA (1984)
CA(SA) (1986)
CA (Australia) (1988)
Non-Executive Donor Director
Gary Leong
Gary Leong
Non-Executive Donor Director
Knowledge/Skill & Experience
Corporate Governance/Ethics
Audit
Risk Management
Qualifications
BCOMPT : UNISA (2001)
Applied Cost and Management Accounting (ii) Applied Auditing : UNISA (2002)
Certified internal auditor (CIA) : Institute of Internal Auditors USA (IIA) (2005)
Medical Director
Karin Van Den Berg
Karin Van Den Berg
Medical Director
Knowledge/Skill & Experience
Corporate Governance/Ethics
Medical, Health and related industry experience
Qualifications
MBChB – UFS (1993)
Medpro-X – UNISA (2000)
PostGrad Dip Transfusion Medicine – UFS (2011)
MMedSci – UFS (2014)
Chief Executive Officer
Ravi Reddy
Ravi Reddy
Chief Executive Officer
Knowledge/Skill & Experience
Strategy
B-BBEE (incl ESD)
Medical, Health and related
industry experience
Qualifications
National Diploma: Medical Technology – ML Sultan Technikon (1988)
B Tech: Biomedical Technology – ML Sultan Technikon – (1994)
Post Graduate Diploma in Business Management