Click on the name of the director to view more information

JJ Njeke

Johan Burger

Nicolaas Kruger

Mary Vilakazi

JJ Njeke (57)


Non-executive, independent

BCom, BCompt (Hons), CA(SA), HDip Tax

Appointed to board: 2010

JJ Njeke, a chartered accountant, spent six years as audit partner at PricewaterhouseCoopers prior to his appointment as managing director of Kagiso Trust Investments on 1 June 1994. He remained in this position, serving on various boards in the Kagiso group, until his resignation on 30 June 2010. He is presently the executive chairman of Silver Unicorn Trading 33 (Pty) Ltd. He serves on the boards of Adcorp Holdings Ltd, Resilient Property Income Fund Ltd, MTN Group Ltd, Sasol Ltd and the Council of the University of Johannesburg.

Johan Burger (57)

Deputy chairman
Non-executive, independent

BCom (Hons), CA(SA)

Appointed to board: 2010

Johan Burger graduated from the University of Johannesburg in 1983 and qualified as a chartered accountant after serving articles with PricewaterhouseCoopers. He joined Rand Merchant Bank in 1986 and was appointed as an executive director in 1995. In January 2009, he was appointed to the board of FirstRand Ltd as financial director and assumed the additional role of group chief operating officer in June 2009. He was appointed to his current role as deputy chief executive officer in October 2013. He currently serves on the boards of FirstRand Ltd, FirstRand Bank Ltd and the Council of the University of Johannesburg.

Nicolaas Kruger (48)

Group chief executive officer

BCom, FFA, FASSA, AMP (Oxford)

Appointed to board: 2010

Nicolaas Kruger started his career at Momentum as an actuarial assistant in July 1991. He was appointed as chief actuary of Momentum in 1997 and held this statutory role for 10 years up to the beginning of 2007. He was divisional chief executive officer of the employee benefits and health business in 2005 and 2006. He became chief financial officer of Momentum Group in 2007 and was appointed chief executive officer of Momentum Group in January 2009. In December 2010, he was appointed group chief executive officer of MMI Holdings following the merger between Metropolitan and Momentum. His other directorships include Association for Savings and Investment South Africa (ASISA), MMI Group Ltd and various other subsidiary companies within the MMI Holdings group.

Mary Vilakazi (38)

Group finance director

BCom (Hons), HDip Auditing, CA(SA)

Appointed to board: 1 July 2015

Mary Vilakazi is a chartered accountant with a wealth of experience in financial services. Prior to this; she was the Chief Financial Officer of the Mineral Services Group and subsequently became an independent consultant and a director of several companies, including the Development Bank of South Africa and Kagiso Media Limited. She is a former partner at PriceWaterhouseCoopers, where she specialised in the audit of financial services companies such as Metropolitan.

Peter Cooper

Fatima Jakoet

Niel Krige

Jabu Moleketi

Peter Cooper (60)

Non-executive, non-independent

CA(SA), BCom (Hons), HDip Tax Law

Appointed to board: 2015

Peter Cooper, a qualified Chartered Accountant, previously served as the Chief Executive Officer and Financial Director of RMB Holdings Limited RMH) and, subsequently, Rand Merchant Insurance Holdings Ltd (RMI), until 2014. He is currently a non-executive director of RMH, RMI, RMB Structured Insurance, OUTsurance and Imperial Holdings, and an alternate director of FirstRand.

Fatima Jakoet (55)

Non-executive, independent


Appointed to board: 2010

Fatima Jakoet currently conducts her own business consulting practice. She has extensive corporate experience and has served on many listed boards since 1994. She previously served on the Metropolitan board (May 1996 to November 2001). She is currently a director of the MTN Group (West and Central Africa Region), Clicks Group Ltd, Tongaat Hulett Ltd, Afrisam (SA) (Pty) Ltd and Rand Refinery Ltd.

Niel Krige (67)

Non-executive, independent

MCom, FIA (London), AMP (Harvard)

Appointed to board: 2011

Prof Niel Krige has 30 years’ experience in the life insurance and asset management industries. He was managing director of Momentum Life from 1988 to 1994, deputy chairman of the Momentum Group from 1995 to 2003 and chairman of the Life Offices Association from 2001 to 2002. His current positions include: professor, University of Stellenbosch; programme director, post-graduate diploma in financial planning, University of Stellenbosch; director, Momentum Investments; chairman, Board of Trustees Denel Retirement Fund; member of international advisory board of Brandes Institute, San Diego, USA.

Jabu Moleketi (59)

Non-executive, independent

AMP (Harvard), MSc in financial economics (University of London), postgraduate diploma in economic principles (University of London)

Appointed to board: 2010

Jabu Moleketi was the deputy minister of finance (2004 to 2008) and a founding member of BlueIQ, which included the Gautrain project. In 2004, he was appointed chairman of the Public Investment Corporation and served for four years. He was the alternate governor of the IMF, representing South Africa from 2004 to 2008, as well as the former chairman of the finance and procurement board committee of the 2010 FIFA World Cup local organising committee. He is currently a non-executive chairman of Harith Fund Managers (Pty) Ltd, Brait SE Ltd and the Development Bank of Southern Africa (DBSA). He is also a director of several JSE-listed companies.

Khehla Shubane

Frans Truter

Ben van der Ross

Johan van Reenen

Khehla Shubane (60)

>Non-executive, independent

BA (Hons), MBA

Appointed to board: 2010

Khehla Shubane is currently an independent policy analyst and consultant. He was employed at the BusinessMap Foundation, a monitoring and research organisation focusing on black economic empowerment. He has also worked for the Nelson Mandela Foundation as chief executive officer. He was a member of the Soweto Civic Association, a body that represented the local community in opposition to the then official local government institutions. He is currently a director of RMB Holdings Ltd, RMI Holdings Ltd, The Johannesburg Roads Agency (Pty) Ltd and Nurcha (NPC).

Frans Truter (60)

Non-executive, independent

BCom (Hons), CA(SA), AMP (Oxford)

Appointed to board: 2010

Frans Truter was an associate director at Deloitte and worked at the South African Reserve Bank. He joined Momentum in 1988 as chief financial officer and over the years he has been involved with the transactions to acquire Lifegro, Southern Life, Sage, and Sovereign Health. He also served as executive director of strategic investments at Momentum. He resigned as a Momentum Group executive in 2007. He is currently involved in certain private equity investments and serves as a non-executive director on the boards of a number of companies.

Ben van der Ross (69)

Non-executive, independent

Dip Law (UCT)

Appointed to board: 2010

Ben van der Ross was admitted to the Cape Side Bar as an attorney and conveyancer, and had a private practice for 16 years. He was an executive director with the Urban Foundation for five years up to 1990 and thereafter of the Independent Development Trust, where he was deputy chief executive officer from 1995 to 1998. He acted as chief executive officer of the South African Rail Commuter Corporation from 2001 to 2003 and as chief executive officer of Business South Africa from 2003 to 2004. He served on the board of The Southern Life Association from 1986 until the formation of the FirstRand Group in 1998. He is currently a director of FirstRand Ltd, Strategic Real Estate Management (Pty) Ltd, Distell Group Ltd, Lewis Group Ltd, Naspers Ltd and Pick n Pay Stores Ltd.

Johan van Reenen (61)

Non-executive, independent

BSc (Hons), MBA

Appointed to board: 2010

Johan van Reenen is currently an executive director of Imalivest. He has a wealth of expertise and experience in investment banking and asset management, both locally and internationally.

Syd Muller

Vuyisa Nkonyeni

Louis von Zeuner

Voyt Krzychylkiewicz

Syd Muller (67)

Non-executive, independent

BCom (Hons), CA(SA), MBA, AMP (Harvard)

Appointed to board: 2010

Syd Muller was formerly the chairman of Woolworths Holdings and a director of other companies in the Wooltru group. He is chairman of Holdsport Ltd and the sub-Saharan African review board of Air Liquide SA. He is active on the boards of a number of private companies.

Vuyisa Nkonyeni (46)

Non-executive, non-independent

BSc (Hons), CA(SA)

Appointed to board: 2011

Vuyisa Nkonyeni has more than 15 years’ experience in investment banking and private equity. He is a chartered accountant, having served his training contract with PricewaterhouseCoopers. Upon leaving PricewaterhouseCoopers, he joined Deutsche Bank in 1997, where he gained investment banking experience primarily in corporate and project finance advisory work over a four-year period. Previously, he has also served as the financial director of Worldwide African Investment Holdings (Pty) Ltd and as director at Actis LLP in their black economic empowerment funding unit. He was appointed as chief executive officer of Kagiso Tiso Holdings in January 2012. He also serves on the boards of Emira Property Fund and Idwala Industrial Holdings (Pty) Ltd.

Louis von Zeuner (55)

Non-executive, independent


Appointed to board: 2014

Louis von Zeuner completed 32 years’ service at Absa and served as deputy group chief executive officer from 2009 until 31 December 2012. He has extensive business experience, including experience in audit, risk and capital matters, particularly in the financial sector. He currently serves on the boards of Telkom, Edcon, Eqstra, Afgri, Cricket South Africa and Afrikaanse Handelsinstituut.

Voyt Krzychylkiewicz (36)

Non-executive, non-independent (alternate to Peter Cooper)

BCom (Hons) Accounting, CA(SA), CFA Charterholder

Appointed to board: 2016

Voyt Krzychylkiewicz is an investment professional who has worked in various strategy and research positions. He is now part of the executive team of the JSE listed RMI and RMB Holdings, the holding companies of many of Africa’s leading financial services companies (including FirstRand, Discovery, OUTsurance, MMI Holdings) and currently sits on the boards of a number of companies covering asset management, property and lending businesses.

Maliga Chetty
Company secretary

Maliga Chetty (46)

Company secretary


Appointed: 2013

Maliga Chetty is the MMI group company secretary. She has been an admitted attorney and conveyancer for over 12 years. She has extensive legal and company secretarial experience in the health and financial services sectors. Prior to joining Momentum she was employed by the South African Medical Association and Ernst & Young. She has been an employee of the MMI Group as a company secretary since 2010, and filled the role of group company secretary from September 2013.

All directors appointed on the MMI Holdings board, at the time of the merger, were taken to be appointed to the board with effect from 1 December 2010, being the effective date of the merger. It should be noted that MMI Holdings Ltd (previously Metropolitan Holdings Ltd) was incorporated on 21 December 2000.

Directors’ ages as at 30 June 2016.