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Sipho Nkosi

Sipho Nkosi

Non-executive Director

Nationality: South African

Year of birth: 1954

Director since 2006.

Mr Nkosi has been a member of the Board of Directors since 2006 and became Lead Independent Director of the Sanlam Board on 19 December 2016. He is a member of the Non-executive Directors’ Committee and is Chair of the Independent Non-executive Directors’ Committee.

Mr Nkosi is an expert in governance, marketing and general business.

Mr Nkosi is a member of the Risk Committee of the Council at the Wits University and also serves on a number of company boards including Sanlam. He has been serving on the Executive Council of the Chamber of Mines of South Africa since November 2006. He currently serves as Non-executive Chair of Talent10 Holdings, and assumed the role of Board Chair of Sasol from November 2019.

Career

Previously, Mr Nkosi served as Chair of the Chamber’s Collieries Committee and Head of Strategy at Southern Life. He is also a past president of the Chamber of Mines of South Africa.

Mr Nkosi was the CEO of Exxaro Resources Limited. Prior to this, he was one of the founders and the CEO of Eyesizwe Coal, and Country Manager of ABB Alstom Power (SA), having previously worked with Anglo Coal and Ingwe. He was Export Marketing Coordinator in the International Marketing division of Anglo Coal from 1986 to 1991. In 1992, Mr Nkosi joined Ingwe as the marketing manager responsible for international coal marketing. This position involved extensive travel and provided him with an in-depth knowledge and understanding of the coal industry worldwide.

In November 2012, Mr Nkosi was the South African winner in the Master Entrepreneur Category of the Ernst & Young World Entrepreneur Award and represented South Africa at the Global Awards in Monte Carlo in June 2013. On 18 October 2013, he received the Tinie Louw Award at the Afrikaanse Handelsinstituut’s National Congress for his business leadership.

Qualifications

Mr Nkosi holds the following degrees: BCom (University of Zululand), BCom Hons (Econ) (Unisa) and MBA (University of Massachusetts, Boston). He also holds a Diploma in Marketing Management (Unisa), and he completed the Advanced Management Programme at the University of Oxford in the UK.

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