SHAREHOLDING

 

DIRECTORS

ALEC ERWIN, DIRECTOR

Alec is a former Deputy Minister of Finance (1994 - 1996), Minister of Trade and Industry (1996 - 2004), Minister of Public Enterprises (2004 - 2008). He has also been President of the United Nations Conference on Trade and Development (1996 - 2000). Alec was previously General Secretary of the Federation of South African Trade Unions (1979 - 1983) and the Education Officer for the Congress of South African Trade Unions (1986 - 1988). He was a member of the African National Congress National Executive from 1994 to 2007. Alec has an Honours degree in Economics from the University of Natal where he was a lecturer in the Economics Department. He has an Honorary Doctorate from the University of KwaZulu-Natal and is currently an Honorary Professor at the University of the Western Cape. He currently also sits on the Honorary International Investment Council of President Jonathan in Nigeria and on the Togo Presidential Investment Advisory Council.

He has served on two WTO Disputes Settlement Panels, chairing the one Panel. The panels have dealt with the link between feed in tariffs and local content in the Ontario electricity system and plain packaging measures for cigarettes in Australia. He has also served as an advisor for the United Nations Industrial Development Organisation.

PORTIA DERBY, DIRECTOR

Portia is a former Director-General of Public Enterprises (2005 - 2009), Deputy Director-General of Public Enterprises responsible for Corporate Strategy and Structure of the Investment Portfolio (2004 - 2005) and Chief Operating Officer of the dti (2002). She has also been a strategic advisor to the Minister of Minerals and Energy on the Mining Charter and to the Chief Executive Officer of Transnet. She was a senior executive at Trade and Investment South Africa, the national Investment and Trade promotion agency, from 1997 to 2001. Portia has a Bachelor of Science Degree (majoring in Economics and Geology) and an Honours degree in Economics from the University of Natal, as well as a Masters in Business Administration from the University of the Witwatersrand. Portia serves on the Africa advisory Board of the Alexander Proudfoot Group and has recently been appointed to the board of Ubank.

SHIREEN CROSSON, CHIEF EXECUTIVE OFFICER

Shireen holds a Bachelor of Arts Degree (majoring in Industrial Psychology and English) from the University of Natal and a Masters in Business Administration from the Gordon Institute of Business Science (GIBS – University of Pretoria). She has worked in both the public and private sectors (IT, financial, chemical and transport) and has experience in human capital, stakeholder management and general management with oversight of internal audit, knowledge management, governance, risk and compliance and administration with a keen focus on problem-solving, realising value from analytics and building of efficiencies in processes.

 

 

 

THE TEAM AT UBU INVESTMENT HOLDINGS

CAROLINE RICHARDSON, PROJECT MANAGER

Caroline holds a Masters in Development Planning from the University of the Witwatersrand and has a wide range of consulting experience locally and on the continent in research, strategy formulation and programme management in urban planning, economic development, environmental management and property sectors. Recent experience includes managing a project facility at the Department of Public Enterprises with oversight of projects in ICT, renewable energy, transport, aerostructures, mining, forestry and property sectors. At UBU, Caroline is responsible for project coordination related to the Togo Transport Corridor, a property development in Togo, the Nigerian Automotive Development Programme and assisting with implementation aspects associated with Ubu’s energy projects.

 

 

 

SPECIALIST CONSULTING ASSOCIATES

Ubu draws on the services of the following network of specialist consultant associates:

GOUS WILSON

Gous Wilson is a registered civil engineer with 26 years’ experience. Gous specialises in railway business management and engineering, transport economics and project management. Gous’s early career was with Transnet as engineer at various depots and as senior engineer at Transnet head office. Since 1998, Gous has been consulting as a transport engineer in the railway and port sectors nationally and internationally. His experience covers the following areas:

• Railway systems management – integrating operational, infrastructure and business solutions.

• Railway business management and organisation including advice to railway organisations on concessioning and investment strategies. Development of rail transport plans for local, provincial and national transport authorities.

• Railway engineering including maintenance management as well as mechanised renewal and maintenance methods.

• Contract management – procurement and management of railway related labour intensive contracts, mechanised rail profiling, track maintenance and major component replacement contracts.

• Project management – of construction projects including: paved loading areas, buildings and railway lines as well as numerous track renewal and maintenance projects.

• Property management including the provision of civil and electrical maintenance services on buildings, bridges and structures.

CHRIS LOKER

Chris Loker has a Bachelor of Business Science from UCT and has a Diploma in Financial Markets and Instruments. Chris is a Fellow of the Institute of Life and Pension Advisors and is a Certified Financial Planner (CFP). Previously Head of Retail Banking for a local financial services group and COO of an Internet bank, he now consults on planning, turnarounds, business modelling, strategy, and customer experience. He has extensive finance, banking, financial service and investment experience and is also involved in a number of entrepreneurial ventures. Having initially studied Marketing, this is also close to his heart, particularly behavioural finance. He has a young family and is a firm believer that Sustainable Finance represents the future of finance for their sakes. He is an active endurance event participant in his spare time.

CORNELIS GROESBEEK

Cornelis Groesbeek is an Aeronautical Engineer and holds an MBA in Technology Management. Cornelis is an independent consultant and entrepreneur with the unique capability to bridge the gap between technology and finance on complex projects and programmes to further outcomes. Cornelis has led numerous high profile public and private projects with experience across telecommunications, aerospace, energy and defence sectors. He is highly proficient at leading complex multi-cultural stakeholder engagements. Cornelis has served on numerous private company and public sector boards including Broadband Infraco and Denel Aerostructures. Recent project successes include the following:

• The establishment of Broadband Infraco State Owned Company.

• The completion of the 14800km WACS high capacity marine cable system linking 11 countries from South Africa to the United Kingdom along the west coast of Africa.

• The development of the South African Aerospace Sector Development Plan and its adoption by Parliament.

• The successful launch of two ground-breaking start-ups – LinkAfrica which builds and operates fibre optic networks using innovative deployment methods on various modes of infrastructure and GEI Synfuel, the first African Advanced Biofuel Project.

CLIFF STANLEY

Cliff Stanley is a chartered Chemical Engineer with extensive commercial experience having worked in senior positions at various power stations in the United Kingdom and having consulted to a wide range of clients in government and the private sector globally. Cliff has been initiating and developing energy projects for 18 years and has led or participated in the development of over 4GW of power generation. Cliff has extensive international experience in Nigeria, Ghana, Togo, Morocco, South Africa, Dominican Republic, Lebanon, Greece, France, Germany and the UK. Cliff’s technology experience is also extensive and includes: combined cycle and open cycle gas turbine power stations; coal fired power stations; oil and gas fired thermal power stations; large internal combustion engine based power stations; biomass power stations; hydroelectric generation; fast start diesels and liquefied natural gas (LNG) re-gasification including the Energy Bridge Re-gasification Unit. Cliff’s experience has mainly been in power generation projects but also includes developing LNG import facilities. Cliff’s work covers most aspects of project development including planning, site selection and negotiations which span the project life cycle, including:

• Early stage financial modelling for Pre-Feasibility studies.

• Power Power Purchase Agreements, Connection Agreements, Use of System Agreements.

• Gas Sales and Purchase Agreements and Gas Transportation Agreements.

• Operations and Maintenance Agreements and Long Term Service Agreements.

• Engineering, Procurement and Construction Agreements.

• Detailed financial modelling of power projects and Finance Agreements.

NICO KRIEK

Nico Kriek is an urban planner with over 35 years’ experience in the profession. After a short stint with the Peri-Urban Board, he became a consultant in 1977 and spent a number of years working in the Transkei where he was exposed to rural and regional planning issues and participative planning processes. As CEO of APS Planafrica, Nico was involved in many large scale projects in South Africa including the Gauteng Spatial Development Framework, the Gautrain project and major private and public sector projects including residential developments spanning all income groups, including golf estates. Nico subsequently headed up a Planning unit at a multi-disciplinary engineering firm for a number of years, during which time he was involved in projects on the continent – in Nigeria, Ghana and more recently, in Togo. Nico’s wide range of experience includes amongst others strategic planning; urban planning and design; regional planning; human settlement development; township design; town planning applications and town planning schemes.

 

 

 

THE UBU LOGISTICS TEAM

 

LIEZL BOTTMAN, QUATTRO PROGRAMME MANAGER

Liezl Bottman manages the Ubu Logistics team and the Quattro Programme and has been working with the Quattro group for the past 10 years. Liezl has freight logistics, marketing, administrative and managerial skills and is studying towards a Bachelor of Business Administration.

KAREN CHITUTA, FINANCIAL ACCOUNTANT

Karen Chituta provides financial administration for Ubu and the Quattro Programme in support of the logistics function and has been working in finance for the past 10 years. Karen is in the final stages of studying towards her accountancy accreditation with the Association of Chartered Certified Accountants.

SINDISIWE HLATSHWAYO, QUATTRO PROGRAMME ADMINISTRATOR

Sindisiwe holds a Bachelor of Business Administration from UNISA and provides administrative and logistics support to the Ubu Logistics team.

 

 

 

The UBU ADMIN TEAM

 

JENIFFER HLOKWE, OFFICE MANAGER

Jeniffer Hlokwe is Ubu’s Office Manager and has been working in Administration and Human Resources for the past 8 years.

ANDRIE DE WITT, ADMINISTRATOR

Andrie de Witt assists with Ubu’s administrative functions. Andrie has extensive experience in office administration in South Africa and other countries where she has held senior positions.

THEMBI MACHIKA, RECEPTIONIST

Thembi Machika performs secretarial and administrative functions in Ubu. Thembi is studying Office Administration.