01 September 2020
The Tiger Brands Board has announced that Dr Khotso Mokhele will step down from his position as Chairman of the Board with effect from 31 December 2020. Dr Mokhele was appointed as Chairman in February 2017 after having served as an independent non-executive director since August 2007. He will accordingly also step down as a member of the Nomination & Governance, Remuneration and Investment Committees.
As Dr Mokhele’s tenure ends, a new one begins for Ms Geraldine Fraser-Moleketi, who has been appointed as independent Non-Executive Director and Chairman designate on 1 September. She will assume the role of chairman with effect from 1 January 2021.
Ms Fraser-Moleketi was elected to South Africa´s first democratic parliament in 1994 and served in three consecutive parliaments until 2008. She served in various Cabinet roles from 1996 to 2008, including Minister of Public Service and Administration, and Minister for Welfare and Population Development. From 2008 to 2016, Ms Fraser-Moleketi served as Director of Global Democratic Governance Practice of the United Nations Development Programme (UNDP) and Special Envoy on Gender of the African Development Bank. She currently serves as Chancellor of the Nelson Mandela University, South Africa and in advisory roles as Chair of the Advisory Council of the Mapungubwe Institute for Strategic Reflection, and as Chair of the Committee of Experts on Public Administration of the United Nations Economic and Social Council.
Through her work in governmental and inter-governmental structures, she has interacted extensively with political leaders, business leaders and civil society across South Africa, the African Continent and globally and engaged in complex negotiations across different issues and sectors. Ms Fraser-Moleketi holds a master´s degree in administration from the University of Pretoria, South Africa and has been awarded a DPhil Honoris Causa by Nelson Mandela University. She is a fellow of the Institute of Politics, Kennedy School of Government, at Harvard University, and has completed a Leading Organisational Change course at Wharton Business School at the University of Pennsylvania.
She is Lead Independent Director of Exxaro and a Non-Executive Board member of Standard Bank Group and Standard Bank South Africa.
Tiger Brands thanks Dr Mokhele for his leadership and immense contribution to the company during his tenure and wishes him well in his future endeavours.