Member of the Board of Directors
Nationality: South African
Year of birth: 1954
Mr Nkosi has been a member of the Board of Directors since 2006 and became the Lead Independent Director of the Sanlam Board on 19 December 2016. Mr Nkosi is a member of the Non-Executive Directors’ committee and is the chair of the Independent Directors Committee.
He is an expert in governance, marketing as well as the general business.
Mr Nkosi was the CEO of Exxaro Resources Limited. Prior to this, Mr Nkosi was one of the founders and CEO of Eyesizwe Coal and Country Manager of ABB Alstom Power (SA), having previously worked with Anglo Coal and Ingwe. He was export marketing co-ordinator 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.
Mr Nkosi serves on a number of company boards including Sanlam. Mr Nkosi is a past president of the Chamber of Mines of South Africa and has been serving on the Executive Council of the Chamber since November 2006. Previously he served as chair of the Chamber’s Collieries Committee and the head of strategy at Southern Life. He is currently the chair of Talent10 Holdings.
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.
Mr Nkosi holds the following degrees: BCom (University of Zululand), BCom (Hons) (Econ) (Unisa), MBA (University of Massachusetts, Boston) and a Diploma in Marketing Management (Unisa) and in July 2009 he completed the dvanced Management Programme at the University of Oxford in the UK.
Mr Nkosi serves as a member of the risk committee of the council at the Wits University.