Directors / Executive
The Phumelela Board has a unitary Board structure. In accordance with the recommendations of the Code of Corporate Practices and Conduct, the majority of the members of the Phumelela Board, including the Chairman, are non-executive directors. To ensure a balance of power and authority, there is a clear division of responsibilities among the company's Directors. One third of the directors retire annually by rotation. The roles of Chairman and Chief Executive are separate and the Chairman has no executive responsibilities.
- Bernard Kantor (Chairman) Independent
- Rob Cooper CA(SA) Independent
- Chris van Niekerk Independent
- Dr Elijah Nkosi MB ChB, MAP, MBA Independent
- Siza Khampepe BA, MBA(UK) Independent
- Steve Muller BAcc (Hons) CA(SA) Independent
- John Barry Walters Independent
- Nolwandle Mboweni BA Ed, MAP Independent
- Photios Anastassopoulos Independent
Phumelela executive directors:
- Rian Du Plessis (Chief Executive Officer)
Andreas Heide (Chief Operating Officer & Group Finance Director) BCompt Hons, CTA CA(SA)
John Stuart (International Executive Director) BComm
Vee Moodley (Executive Director, Sports Betting) BComm
- Dean Finder (Chief Operating Officer, Betting World)
- Rob Scott (Chief Executive Officer, Tellytrack; Executive, Sales & Marketing)
- Freda Moloi (Company Secretary)
- Ike Shirindi (General Manager, Human Resources)
- Barry McLoughlin (Chief Financial Officer)
- Clyde Basel (Executive, Racing)
- Nathan Fowler (Executive, Retail)
Rian du Plessis B. Acc: Qualified as a Chartered Accountant (South Africa) in 1985 and obtained a Higher Diploma in Tax Law from the University of the Witwatersrand in 1988.
He spent eight years in investment banking, initially with First Corp Merchant Bank and thereafter with Rand Merchant Bank where he became joint CEO of RMB & Corporate Finance Division.
Rian joined the Comparex Group in 1997. In his capacity as Director: Mergers & Acquisitions and International Finance, he was responsible for all of Comparex & acquisitions as well as being Financial Director of the Group & international business. He was appointed Chief Executive Officer of Comparex Holdings Limited in 2000. At the invitation of the board of directors of Comparex Holdings Limited and with effect from 1 November 2002, Rian led a team of European managers in a management buy-out of the Group & European businesses. Initially as CEO and later as Chairman, he managed the turnaround of Comparex in Europe within 19 months.
Andreas served articles with PricewaterhouseCoopers in Johannesburg and qualified as a chartered accountant in 1996. Over the past 19 years he has held various senior financial positions within the horseracing industry and played key roles in the corporatisation and listing of Phumelela on the JSE in 2002. Andreas was appointed Group Finance Director in September 2009 and as Chief Operating Officer in 2010.
John served his articles with KPMG before joining TAB KwaZulu-Natal in 1979 as Internal Auditor, and occupied various positions there before leaving in 1996 as Assistant General Manager. He then joined TAB Transvaal (transferred to Phumelela as part of the corporatisation process) in 1997 and served in various positions before heading up the international division in 2006. John also heads up the Tellytrack operation on behalf of the Tellytrack partnership.
John is a Non-Executive Director of Automatic Systems Limited, one of the two totalisator operators in Mauritius, International Executive Director of Phumelela and was appointed Executive Director of Premier Gateway International in 2011.
Vee studied for a BComm Accounting degree at the University of Natal and worked as Group Accountant for the PMC Group of companies in KwaZulu-Natal.
In 2003 Vee opted for a career path change and joined the National Horseracing Authority as Handicapper.
His thorough knowledge and understanding of horseracing stood him in good stead and in 2007 he was promoted to Racing Control Manager and Chief Executive Officer designate of the National Horseracing Authority.
Vee has a strong financial background and excellent knowledge of horseracing and betting and was appointed by Phumelela as Executive Director: Sports Betting on 1 October 2010. Vee was also appointed CEO of Betting World, a subsidiary of Phumelela, on 1 June 2015.
CLYDE Basel resigned as CEO of the Racing Association to take up the position of Sales Executive with Phumelela Gaming & Leisure. Basel joined Phumelela on the 1st June 2009 and has been responsible for marketing the company’s assets – both on and off its racecourses. These include racing broadcast sponsorships and advertising, raceday hospitality, vending rights and branding.
Among the many initiatives that he drove at the Racing Association were major improvements to the race day experience at Turffontein racecourse – in collaboration with Phumelela. He also greatly enhanced communication channels with RA members and was a key motivator behind many RA initiatives.
“I have thoroughly enjoyed my time as CEO of the RA,” said Basel. “I believe that – together with my chairman, board and staff at the RA – we’ve managed to make some positive changes to the face of racing, and earn the RA renewed respect. The future of the RA is vital to ensure that horse racing is steered in the direction of the best interests of its members.
“It is also important to realise that Phumelela has to be focused on earning income to sustain the industry’s welfare. So, a good balance is imperative to all stakes holders – with the primary focus being on the local product.
“I want to thank all RA members for their support and wish them well. I also must thank RA chairman Larry Wainstein for his assistance, and I hope to retain what had been a fantastic relationship with him and the other RA directors.”
Wainstein said: “It was a privilege to work with someone who has so much enthusiasm and commitment. The next person in will have huge shoes to fill. I wish Clyde well with this new challenge.”
Phumelela group CEO Rian du Plessis: ‘I am delighted to have Clyde as part of our team! I am looking forward to working with Clyde to find new and alternative sources of revenue for the industry.”