• BOARD OF DIRECTORS

Gary Neubert (52)

CEO
N.Dip Eng (MECH), MBA

Appointed: 25 July 2019

Gary Gary started his career at Volkswagen SA where he held various positions in the engineering and marketing divisions. After eight years with Volkswagen, he joined Barloworld Limited where he was responsible for the Audi sales and services divisions before becoming the Cape Town Bellville branch assistant general manager. In 2000 he joined Imperial’s Saficon Industrial Equipment (SIE) business as general manager of the Western Cape with national responsibility for after sales. In 2003 he was appointed to the SIE board. In July 2006 he was appointed as divisional CEO of Industrial Equipment (now EIE).

Jarrod Friedman (45)

CFO
CA(SA)

Appointed: 1 September 2018

Jarrod is a member of the South African Institute of Chartered Accountants and served articles with Grant Thornton Kessel Feinstein. Jarrod served as Financial Director of Gold Reef Resorts Limited prior to it merging with Tsogo Sun Holdings Limited in February 2011.

Jarrod also served as CFO of enX from April 2013 to April 2016, following which he was appointed to 3G Mobile Proprietary Limited as Group CFO until its recent sale to Blue Label Telecoms.

Paul Baloyi (61)

Investment committee Chairman
MBA (Manchester Bangor University of Wales), MDP, SEP (Harvard)

Appointed: 1 January 2014

Paul joined the Development Bank of Southern Africa in June 2006 as managing director and as chief executive officer until April 2012. Paul also served as CEO and Managing Director of DBSA Development Fund after spending over 35 years in the financial services sector with both Standard Bank and the Nedbank Group. His last position at Nedbank was as Managing Director of Nedbank Africa. Paul has been an independent non-executive director on many boards locally and internationally including African financial institutions. He was a council member of the Institute of Bankers and also served as Chairman of the Ned Medical Aid. Other boards include Old Mutual South Africa Limited, Basil Read Limited (of which he is Chairman), Bidcorp Limited, KSI Proprietary Limited, Alphamin Limited, and CapLeverage. Paul is currently the Managing Director and 45% shareholder of CapLeverage which owns 7.09% of enX.

Paul O’Flaherty (54)

IT steering committee Chairman
CA (SA)

Appointed: 1 January 2014

Paul started his career in auditing and became a partner at PricewaterhouseCoopers South Africa before spending time in the construction industry in South Africa, Africa and in the Middle East. He first served as CFO and deputy CEO of Group Five Limited and then CFO of Al Naboodah Construction Group. From 2010 to 2013, he was the Financial Director and Group executive for capital expenditure of Eskom Holdings (SOC) Limited. Paul was the CEO of ArcelorMittal South Africa Limited (July 2014 to February 2016) and most recently the CEO of Al Naboodah Group Enterprises LLC, a family owned business in the UAE (February 2016 to June 2018). Paul is a 25% shareholder of CapLeverage which owns 7.09% of enX. Paul is a non-executive director of Absa Group Limited and Absa Bank Limited.

Allan Joffe(49)


BCom (Hons) CA (SA)

Appointed: 5 September 2018

Allan is a chartered accountant by training and completed articles with Deloitte & Touche. Allan has been with CoroCapital (Pty) Ltd, who owns 6.3% of enX, since 1999 and has jointly run the investment banking and private equity operation for a number of years. Prior to that he was with UAL Merchant Bank.

Anthony (Tony) Phillips (72)

Remuneration committee Chairman
BSc (Eng)

Appointed: 29 August 2008

Tony has extensive experience in the industrial sector and was formerly CEO of Barloworld Limited and Chairman of PPC Limited. He is currently non-executive Chairman of Mpact Limited, senior advisor to Nomura and Associates, Vice-Chairman of Kansai Plascon Africa Limited AND Chairman of Tete Ferry Sun Lta.

Lerato Molefe (42)

Juris Doctorate (Harvard)

Appointed: 21 October 2016

Lerato is the chief legal and compliance officer at MFS Africa, a leading interoperability fin-tech for digital payments and mobile money. Prior to this, she ran Naaya Consulting, a legal strategy consultancy. She began her career practicing mergers and acquisitions law at Shearman & Sterling LLP in New York and Paris, and Bowman Gilfillan in Johannesburg, as well as at international organisations such as the World Bank in Washington DC, and Africare in Dakar, Senegal. Lerato holds a Juris Doctor degree from Harvard Law School, a Masters in law and diplomacy from The Fletcher School at Tufts University and a Bachelors degree in economics and political science from Smith College.

Steve Booysen (56)

Chairman of the board, Nomination committee Chairman
BCompt Hons, CTA, MCompt (Unisa), DCom (Accounting) (UP), CA(SA)

Appointed: 8 November 2016

Steve completed his articles at Ernst & Young in 1983. After spending several years as a senior lecturer at Unisa, he joined the banking industry, where he held various positions. In 2004, he was appointed group Chief Executive Officer of Absa Group Limited, a position he held until February 2009. He also serves on the boards of a number of listed entities, including being Chairman of the Efficient Group Limited, non-executive director of Steinhoff Group Limited, Vukile Proprietary Limited and Clover Group Limited.

Babalwa Ngonyama

Appointed: 19 July 2019

Babalwa was appointed to the Board on 1 April 2016 and is the CEO of Sinayo Securities (Pty) Limited, a women owned and managed securities firm. Prior to this she was the Group Chief Internal Auditor of Nedbank Limited, the past Financial Director of Safika Holdings, an audit partner at Nkonki Chartered Accountants and, thereafter, a partner at Deloitte (Financial Institutions Services Team). She is, among others, a non-executive director and member of the audit committees of Aspen Pharmacare Holdings Limited, Barloworld Limited, Implats Limited, Vukile Property Limited and Group Five Limited and brings considerable financial and commercial experience to the Board. Babalwa is the founding chairman of the African Women Chartered Accountants. Babalwa is a member of the Audit & Risk Committee.

202D 11 Crescent Drive, Melrose Arch, Johannesburg, 2196 Tel: +27 11 966 2000, Email: info@enxgroup.co.za