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The Board

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Patrice Motsepe

Patrice Motsepe (55)

BA (Legal), LLB, Doctorate of Commerce (Honorius Causa) (Wits), Doctor of Management and Commerce (Honorius Causa) (Fort Hare)

Member of the nomination committee

Patrice Motsepe was appointed to the Avmin Board in 2003 as part of the Avmin/ARMgold/Harmony transaction. When the transaction was concluded in 2004, Avmin changed its name to African Rainbow Minerals (ARM) and he became Executive Chairman of ARM. Patrice was a partner in one of the largest law firms in South Africa, Bowman Gilfillan Inc. He was a visiting attorney in the USA with the law firm, McGuire Woods Battle and Boothe. In 1994 he founded Future Mining, which grew rapidly to become a successful contract mining company. He then formed ARMgold in 1997, which listed on the JSE in 2002. ARMgold merged with Harmony in 2003 and this ultimately led to the takeover of Avmin.

In 2002 Patrice was voted South Africa’s Business Leader of the Year by the chief executive officers of the top 100 companies in South Africa. In the same year, he was the winner of the Ernst & Young Best Entrepreneur of the Year Award. Patrice is a recipient of numerous other business and leadership awards and recognitions including:

  • World Economic Forum Global Leader of Tomorrow, 1999
  • Afrikaanse Handelsinstituut, MS Louw Award for Exceptional Business Achievement, 2003
  • South African Jewish Report, Special Board Members Award for Outstanding Achievement, 2004
  • African Business Roundtable, USA, Entrepreneur & Freedom of Trade Award, 2009
  • McGuire Woods Outstanding Alumnus Awards, 2009
  • BRICS (Brazil, Russia, India, China, South Africa) Business Council, Outstanding Leadership Award, 2014
  • Harvard University Veritas Award for Excellence in Global Business and Philanthropy, 2014
  • Forbes 100 Greatest Living Business Minds, 2017

Patrice is the founder and Chairman of Ubuntu-Botho Investments, African Rainbow Capital (ARC) and African Rainbow Energy and Power (AREP) and is also the Chairman of Harmony and the Deputy Chairman of Sanlam.

He is also a member of the:

  • International Business Council of the World Economic Forum, which is made up of 100 of the most highly respected and influential chief executives from all industries
  • JP Morgan International Council
  • Harvard Global Advisory Council
  • Council of the International Council on Mining and Metals (ICMM)

His past business responsibilities include being the Founding President of Business Unity South Africa (BUSA), the representative voice of organised business in South Africa, from January 2004 to May 2008, and Chairman of the BRICS Business Council for 2013. He is also President of Mamelodi Sundowns Football Club.

In January 2013 Patrice and his wife, Precious joined the Giving Pledge, which was started by Warren Buffett and Bill and Melinda Gates. Patrice committed to give half of the wealth of the Motsepe family to the poor and for philanthropic purposes during his lifetime and beyond and that of his wife.

Independent non-executive deputy chairman

Modise Motloba

Modise Motloba (51)

BSc, Diploma in Strategic Management

Chairman of the social and ethics committee and a member of the nomination committee and the audit and risk committee

Modise was appointed to the board on 30 July 2004. He is the founder and chief executive officer of Quartile Capital Holdings Proprietary Limited, a 100% black-owned, managed and controlled niche financial services and investment group with expertise in corporate financial advisory, fund management, wealth, SMME development and finance and principal investments. He has more than 24 years’ working experience in the financial sector both in South Africa and the United States.

Modise has been involved in the transformation of the financial sector and playing a leadership role in business organisations including:

  • Former President of the Association of Black Securities & Investments Professionals (ABSIP) and led ABSIP in the negotiations and launch of the Financial Sector Charter.
  • Former President of the NAFCOC-Johannesburg Chamber of Commerce and Industry.
  • Chairman and founder of Phuthanang Youth Trust, a Soweto-based Foundation focusing on education, skills development, SMME development, health, sports and environment for the youth and general community.

His extensive experience in board leadership spans more than 13 years, at both listed and non-listed companies in major sectors and areas such as banking (investment banking, central banking and development finance institutions), agriculture, insurance and mining.

Lead independent non-executive director

Fikile De Buck

Fikile De Buck (57)

BA (Economics), FCCA

Chairman of the nomination committee and a member of the social and ethics committee, the remuneration committee and the audit and risk committee.

Fikile was appointed to the board on 30 March 2006. A chartered certified accountant, she was the second person to obtain this qualification in Botswana. She was awarded the Stuart Crystal Prize for Best Accounting Student at Birmingham Polytechnic (UK), now Birmingham University, the first black overseas student to be awarded this prize.

Fikile is a fellow of the Association of Chartered Certified Accountants United Kingdom. From 2000 to 2008, she worked in various capacities, including as chief financial officer and chief operations officer, at the Council for Medical Schemes in South Africa. Prior to that she worked in various capacities at the Botswana Development Corporation and was its first treasurer. She also served on various boards representing the corporation’s interests, and was the founding chairman of the Credit Guarantee Insurance Corporation of Africa Limited.

She has 24 years’ experience in financial reporting at executive level. Fikile is a director of D&D Company Proprietary Limited, a non-executive director and chairman of the audit committee and a member of various other committees of Atlatsa Resources Corporation. She was included in the coffee table book, “South Africa’s Most Inspirational Women” (2011). Fikile mentors a number of young people, mostly women. She is also a member of Women In Mining South Africa.

Deputy lead independent non-executive directors

Mavuso Msimang

Mavuso Msimang (75)

MBA (Project Management), BSc

Member of the nomination committee and the social and ethics committee. Successor to the lead independent non-executive director

Mavuso was appointed to the board on 26 March 2011. He has 28 years’ experience in management at executive level, and was involved in the successful transformation and restructuring of various state-owned entities over a period of 16 years until 2010.

Mavuso held several senior positions in public sector organisations, including South African Tourism, South African National Parks and the State IT Agency (SITA), where he successively served as chief executive officer. He retired from the civil service in 2010 following a three-year stint as Director-General at the Department of Home Affairs. He has also worked for international development agencies such as the World University Service of Canada and CARE International in Ethiopia and Kenya. He also held senior management positions with the United Nations Children’s Fund and the World Food Programme. Msimang currently serves on various civic society, environmental management and private sector boards. He is also chairman of Corruption Watch and is an outspoken critic of public sector corruption and maladministration.

Executive directors

Chief executive officer

Peter Steenkamp

Peter Steenkamp (58)

B Eng (Mining); Mine Managers Certificate Metal Mines; Mine Manager’s Certificate Fiery Mines; CPIR; MDP; BLDP

Peter Steenkamp was appointed chief executive officer and executive director on 1 January 2016. He has some 38 years’ experience in the mining industry, including his last position as Senior Vice President: Mining of Sasol Mining Proprietary Limited, and executive positions at Harmony, from 2003 to 2007, and at African Rainbow Minerals (ARM) and Pamodzi Gold.

He is a member and past president of the Association of Mine Managers of South Africa, and a member of the Southern African Institute of Mining and Metallurgy and the South African Colliery Managers’ Association.

Financial director

Frank Abbott

Frank Abbott (62)

BCom, CA (SA), MBL

Frank was appointed to the board as non-executive director on 1 October 1994, and as financial director in 1997. In 2004, he was appointed financial director of African Rainbow Minerals Limited, and resigned as such during 2009. He was reappointed financial director of Harmony in February 2012.

Frank joined the Rand Mines Group in 1981, where he obtained broad financial management experience at an operational level. He was a director of various listed mining companies and currently serves as a non-executive director on the board of African Rainbow Minerals Limited.

Executive director: Corporate affairs

Harry Mashego

Harry Ephraim "Mashego" Mashego (53)

BA (Education), BA (Hons) (Human Resources Management), Joint Management Development Programme, Global Executive Development Programme

Mashego joined Harmony in 2005 and has been responsible for group human resources development, transformation and, most recently, government relations. He has more than 20 years’ experience in human resources, acquired largely in the industrial sector. Mashego was appointed as an executive director on 24 February 2010.


Independent non-executive directors

Joaquim Chissano

Joaquim Chissano (78)


Member of the nomination committee and the social and ethics committee

Joaquim was appointed to the board on 20 April 2005. A former president of Mozambique (1986-2005), he also served as chairman of the African Union for 2003/2004. On leaving the presidency, he established the Joaquim Chissano Foundation for Peace Development and Culture, and has led various international peace initiatives on behalf of the United Nations, the African Union and the Southern African Development Community to Guinea-Bissau, the Democratic Republic of the Congo, Uganda and Madagascar. In 2006 he was awarded the annual Chatham House prize for significant contributions to improving international relations, in 2007 he received the inaugural Mo Ibrahim Prize for Achievement in African Leadership. Joaquim was appointed to the global development programme advisory panel of the Bill and Melinda Gates Foundation in December 2009. Recently he was awarded the 2015 North-South Prize by the Council of Europe for contribution to human rights, democracy and world peace, thus promoting global interdependence and solidarity.

Ken Dicks

Ken Dicks (78)

Mine Manager’s Certificate (Metalliferous Mines), Mine Manager’s Certificate (Fiery Coal Mines), Management diplomas (Unisa and INSEAD)

Member of the technical committee and the investment committee

Ken was appointed to the board on 13 February 2008. He has a mining engineering background with 39 years’ experience in the formal mining industry. He worked for the gold and uranium division of Anglo American plc and its precursor for 37 years in various senior positions.

Dr Simo Lushaba

Dr Simo Lushaba (51)

BSc (Hons), MBA , DBA , CD (SA)

Chairman of the investment committee and member of the audit and risk committee and the remuneration committee

Simo joined the board on 18 October 2002. He was previously a general manager at Spoornet (Rail and Terminal Services division), was vice president of Lonmin Plc and chief executive of Rand Water. He is a non-executive director on the board of Cashbuild Limited and facilitates programmes on corporate governance for the Institute of Directors (South Africa), of which he is a member. He was also appointed as an administrator of the South African Post Office to stabilise the organization and develop a strategic turnaround plan following the resignation of its board. He later became chairman of the board of directors of the South African Post Office, a position he held until December 2016. Previously, he was chairman of the boards of Spescom Limited and Pikitup (Johannesburg), and a director of Trans-Caledon Tunnel Authority, the Water Research Commission and Rand Water.

Karabo Nondumo

Karabo Nondumo (39)

BAcc, HDip (Acc), CA (SA)

Member of the audit and risk committee and of the technical committee

Karabo was appointed to the board on 3 May 2013. She is an executive director of the KM Group of companies, providers of integrated information and communications technology solutions to enterprises, as well as of products and services to the mining, engineering and manufacturing industries. She has held various roles at Vodacom Group Limited including that of executive head of Vodacom business as well as of Vodacom’s mergers and acquisitions. She was inaugural chief executive officer of AWCA Investment Holdings Limited and former head of global markets operations at Rand Refinery Proprietary Limited. She was an associate and executive assistant to the former executive chairman at Shanduka Group. She was seconded to Shanduka Coal, where she was a shareholder representative, and also served on various boards representing Shanduka’s interests. She is a qualified chartered accountant, a member of the South African Institute of Chartered Accountants and of African Women Chartered Accountants. She is an independent non-executive director of Sanlam Limited, Merafe Resources Limited, Richards Bay Coal Terminal Proprietary Limited and MTN Group Limited’s operating companies in South Sudan. She is on the advisory board of Senatla Capital.

Vishnu Pillay

Vishnu Pillay (60)

BSc (Hon), MSc

Chairman of the remuneration committee and member of the technical committee and the investment committee

Vishnu was appointed to the board on 8 May 2013 and is currently executive head: joint ventures and exit operations of Anglo American Platinum Limited. Before joining Anglo American Platinum in 2011, he was executive vice-president and head of South African operations for Gold Fields Limited and, prior to that, vice-president and head of operations at Driefontein Gold Mine. His 25 years at Gold Fields Limited were interrupted by a two-year period with the Council for Scientific and Industrial Research, where he was director of mining technology and group executive for institutional planning and operations.

John Wetton

John Wetton (68)


Chairman of the audit and risk committee and member of the social and ethics committee, remuneration committee and investment committee

John was appointed to the board on 1 July 2011. He was with Ernst & Young from 1967 to 2010, mainly in corporate audit, but for his final 10 years he played a business development role across Africa. He led Ernst & Young’s mining group for a number of years and acted as senior partner for some of the firm’s major mining and construction clients. He was a member of Ernst & Young’s executive management committee and was, until retirement, a member of the Ernst & Young Africa governance board.

Non-executive directors

Andre Wilkens

André Wilkens (68)

Mine Manager’s Certificate of Competency, MDPA (UNISA), RMIIA, Mini MBA Oil and Gas

Chairman of the technical committee and member of the investment committee and the remuneration committee

André was appointed to the board on 7 August 2007. He was appointed to the board of African Rainbow Minerals Limited in 2004 and was its chief executive officer until March 2012. He is currently executive director growth and strategic development (based in the office of African Rainbow Minerals’ executive chairman). He headed ARMgold Limited for five years and ARM Platinum for a year before being appointed chief operating officer of Harmony after its merger with ARMgold in 2003. André has more than 46 years’ experience in the mining industry, particularly in gold, platinum group metals, iron ore, manganese, coal, chrome, nickel and copper.

Group company secretary

Riana Bisschoff

Riana Bisschoff (40)


Riana completed her LLB as well as a Masters Degree (LLM) in Commercial Law at the University of Potchefstroom. She further completed her articles in 2003 at Couzyn, Hertzog and Horak Attorneys in Pretoria and was admitted as an attorney, notary and conveyancer. In 2004 she started her own firm, Bisschoff Attorneys, in association with Van der Merwe and Associates in Pretoria. She ventured into the commercial arena in 2005 where she served as company secretary and legal advisor before joining iThemba Governance and Statutory Solutions (Pty) Ltd (iThemba) in 2010. During her time at iThemba, Riana attended to the company secretarial duties of various listed and unlisted entities, including Harmony whom she served since 2011. She was permanently appointed as the company secretary of Harmony on 1 March 2012.

In addition to her statutory duties as company secretary of Harmony, Riana is also responsible for the Harmony company secretariat function, Form 20F, various reports included in the integrated annual report and the administration of the Tlhakanelo Employee Share Trust. Riana has recently been appointed as Harmony’s head of legal.

Recent news

Harmony is a dynamic and ever-changing company and our story is continuously evolving. Visit the news and events section of this website to get the latest instalments to the Harmony story. Read more

Annual report

Integrated annual report 2016
Integrated annual report 2017


Investor brief

Harmony Investor brief, Sep 2017
September 2017 -
Harmony Investor brief

(PDF - 6.5MB)

Scam e-mail alert

Investors should beware of receiving e-mails from individuals claiming to be directors of Harmony. The directors will never directly request funds or investments as this is handled purely by Harmony’s Investor Relations team.