Board of directors
“THE STRENGTH OF ANY ORGANISATION IS A DIRECT RESULT OF THE STRENGTH OF ITS LEADERS “
JOHN MAXWELL
As the famous leadership expert, John Maxwell, says, an organisation is only as strong as its leaders. At AYO we have a diverse, knowledgeable and active Board, which steers the Group from the foundation of a clear mission, vision for the future, purposefully designed strategy and a culture conducive to success. Through oversight, the Board ensures that AYO capitalises on opportunities, manages risks and creates value in an ethical, responsible and effective manner. The Board’s duties are discharged with the assistance of five Board committees, each with its formally mandated terms of reference. The prudent selection of directors sitting on the Board underpins the effectiveness of the structure and ensures optimal combination of expertise and experience to encourage healthy debate and drive the Group’s accelerated growth. With AYO’s renewed focus as a purely technology investment entity during the reporting period, two new Board members were appointed during the financial year, whose specific areas of expertise complement the existing constitution and help promote the Company’s strategic objectives. Prof Louis Fourie is a celebrated academic and thought leader in the field of technology. His invaluable input in terms of insights into future leading technologies, as well as strong business acumen, has helped AYO sharpen its investment strategy and pipeline, prioritise future areas of interest and inform acquisition decisions.
LEFT TO RIGHT: DR WALLACE MGOQI, HOWARD PLAATJES, TATENDA BUNDO, VANESSA GOVENDER
Prof Louis Fourie is a celebrated academic and thought leader in the field of technology. His invaluable input in terms of insights into future leading technologies, as well as strong business acumen, has helped AYO sharpen its investment strategy and pipeline, prioritise future areas of interest and inform acquisition decisions. Khalid Abdulla joined the Board as an executive director in March 2020. His extensive commercial and deal-making experience is utilised in acquisition and investment negotiations, which are critical to AYO’s strategy implementation. A key addendum to the Board is the company secretary, Mr Wazeer Moosa, who is responsible for the proper compilation and timely circulation of documents pertaining to the Board’s affairs, raising matters that may warrant the attention of the Board and assisting and advising the governing body and its committees. Mr Moosa was selected and appointed by the Board and has displayed the necessary competence, qualifications and experience for the position. 2020 financial year was the second year of Mr Moosa’s tenure at AYO and his contributions in terms of statutory compliance and disclosure, aligned with all relevant legislation, have proven invaluable to the organisation.We have a well-rounded, diverse, knowledgeable and active Board, the majority of which comprises of non-executive directors and an independent non-executive chairman, as follows:
LEFT TO RIGHT: KHALID ABDULLA, PROFESSOR LOUIS FOURIE, AZIZA AMOD, DR DENNIS GEORGE, ISMET AMOD, ROSEMARY MOSIA, DR NGOAKO RAMATHLODI, *SELLO RASETHABA (ABSENT ON DAY OF SHOOT)
Governance structure
