A Board of Trustees, 50% of whom are elected by members and 50% nominated by the Company, manage the fund in accordance with the fund Rules, relevant legislation and best practice methodology. The Trustees meet regularly to deal with the business of the fund. They will act in the interest of all the stakeholders at all times and make sure that the fund’s interests are protected.

The Board of the Fund and the appointed Principal Officer are responsible for the Fund’s management. They have to ensure that members’ and beneficiaries’ interests are protected at all times. They are all qualified individuals, but where they lack expertise in a certain field, they are aided by retirement industry experts and specialists.

The Board of the Fund comprises 17 people:

• Eight are elected by you, the members via the member forums. 
• Eight are appointed by the participating employers.
• One is an independent board member who will be elected by the other board members.

Employer-Appointed Board Members

Member-Forum-Elected Board Members

Board-Elected Independent Board Member

The Board is currently comprised as follows:

Employer-appointed Board Members		Member-elected Board Members
Mr Adrian Harrod		Mr David Nkosi
Mr Praasbashen Balakisten		Mr Jan Masinga
Mr Richard Baloyi		Mr Milton Ndwalane
Mrs Samantha Cola		Ms Pulane Ramoshaba
Mr Zakes Mahlangu		Mr Skhumbuzo Nkuna
Mr Sakwana Malebo		Mr Thabiso Motloung
Independent Board Members
Mr Rama Govenden

The Board of Trustees receives assistance on Fund matters from the following industry experts and specialists: