30% Club
GROWTH THROUGH DIVERSITY www.30percentclub.org
30% CLUB SOUTHERN AFRICA Annual Review 2017. 1
2
INDEX 5 6 10 12 14 16 18 20 22 23 24
Foreword Members Steering Committee Members’ Dinner March 2017 Cape Town Launch The BoardWalk and LeadersWalk Gender Mainstreaming Awards Lynn Brewer visit to SA Gender Mainstreaming E-Zine Research The Year Ahead
3
4
Foreword This is the third annual review of the 30% Club Southern Africa (30%CSA) and records the main endeavours and achievements during the past year 2017. It is very pleasing to note what has been achieved in the past twelve months whilst the country has endured a number of challenging moments. Membership continues to grow and more importantly the quality of the conversation is improving. Less and less work is being undertaken by organisations working in silos. I noted in the foreward last year that the most energising new project for me during 2016 was the BoardWalk programme. At the end of the year we were able to conclude an agreement which added the LeaderWalk Challenge to the programme. This contest will add a new dimension to the gender topic, in both a serious and yet fun way. It is something that both the individual and the company can embrace. We reported last year that we were able to add Cape Town as a locale for many of the 30%CSA events. This year we were able to consolidate our work there with an official launch. Our relationship with Minister Susan Shabangu and her dedicated team goes from strength to strength. Hopefully she will retain her position in 2018, but with a lot more budget to work with. The same is true of our various partners. We continue to engage with non-profit sector organizations, both locally and abroad. The SA Canadian Chamber of Commerce joined as members during the year and we look forward to our collaboration with them. Globally, the 30% Club has consolidated its position as the premier campaign for gender mainstreaming in the private sector. Our congratulations go out to Helena Morrisey, the founder of the 30% Club who was been made a Dame in the Queen’s birthday honours list for promoting diversity in the financial services sector. In conclusion, it is yet again a pleasure to recognise the time and effort put in by all the members of the Steering Committee. Many go above and beyond the call of duty. Colleen Larsen F. Inst. D. CEO : Business Engage Association NPC President : 30% Club Southern Africa
5
MEMBERS 6
The Founding Members of the 30%CSA are; • • • • • •
Monica Singer, Ex CEO: Strate Ltd. Wendy Lucas-Bull, Chair: Barclays Africa Maria Ramos, CE: Barclays Africa Shirley Machaba, Chair: PwC South Africa Nikki Webb, Partner: Hogan Lovells Gert Schoonbee, MD: T-Systems
Members who have joined prior to the year in review; • • • • • • • • • • • • • • • • • • • • •
Sir John Parker (UK member), Chairman: Anglo American PLC Stephen Koseff, CEO: Investec Ltd. / PLC Sbu Gule, Chair: Norton Rose Fulbright Saif Malik, Managing Director, Head of Global Banking, Africa - Corporate & Institutional Banking: Standard Chartered Sipho Pityana, Chairman: Anglo Gold Ashanti Catalina Fajardo, Partner: Bain & Co. Emmy Leeka, CEO: Barloworld Equipment Sandra Todd, Regional Head: Bloomberg Marina Bidoli, Partner: Brunswick Grace Dipale, Group Human Resources Director: Business Connexion Peter Crawley: City Group Trevor Brown, Chairman: Deloitte TBA: EY Parmi Natesan, Executive: Centre for Corporate Governance: Institute of Directors SA Mary Bomela, CEO: Mineworkers Investment Company James Formby, CEO: Rand Merchant Bank Megan Nicholas, Managing Executive Sales and Distribution: Telkom Tom Creamer: Telesure Sneha Shah, MD Africa: Thomson Reuters Sally Hutton, Managing Partner: Webber Wentzel Faith Khanyile, CEO Women’s Development Bank Investment Holdings
7
Members who have joined prior to the year in review; • • • • • • • • • • • • • • • •
Sipho Pityana, Chairman: Anglo Gold Ashanti Catalina Fajardo, Partner: Bain & Co. Emmy Leeka, CEO: Barloworld Equipment Keith Thompson, Regional Head: Bloomburg Marina Bidoli, Partner: Brunswick Grace Dipale, Group Human Resources Director: Business Connexion outh Africa Peter Crawley, Country Officer: Citi S Trevor Brown, Chairman: Deloitte Tima Norkie, Partner: EY Parmi Natesan, Executive: Centre for Corporate Governance Mary Bomela, CEO: Mineworkers Investment Company James Formby, CEO: Rand Merchant Bank Megan Nicholas, Managing Executive Sales and Distribution: Telkom Sneha Shah, MD Africa: Thomson Reuters Sally Hutton, Managing Partner: Webber Wentzel Faith Khanyile, CEO Women’s Development Bank Investment Holdings
Members who have joined during 2017; • • • • • •
8
Robyn de Villiers, Chairman and CEO Africa: Burson-Marsteller Cathy Smith, Southern Africa MD: Cisco Brent Williams, CEO: Cliffe Dekker Hofmeyr Jacqui Jooste, CEO / Country Manager South Africa: Coface Patrick Dlamini, CEO: Development Bank of South Africa Jeff Milliken, MD: Diageo
• • • • • • • • •
Thembi Mosai, CEO: Group Five David Munro, Group Chief Executve: Liberty Holdings Sheldon-Scott Halcrow, Head: Nedbank Private Wealth Kevin Penwarden, CEO: SA Homeloans Stuart Kent, Regional Executive: SNC Lavelin Chris de Kock, CEO: Wesbank Fay Mukaddam, CEO: 4AX Yvonne Mhinga (Chaka Chaka), Board Member: SA Canadian Chamber of Commerce Shameel Joosub, CEO: Vodacom
Associate Members to date are; • • • • • • • • •
Brand South Africa Tuesday Consulting Manpower SA African Women Chartered Accountants Novate Legal Vuma Reputation Management Search Partners International Southern Africa-Canada Chamber of Commerce SA Women in ICT Forum
Note: Telesure, Telkom and Business Connexion are no longer active participants. New members are constantly being encouraged to join the 30%CSA.
9
Steering Committee The Steercom met six times in 2017 to attend to the various matters at hand. The hosting of the meeting is rotated between the members; • • • • • •
18th January 2017: Barloworld Equipment, 20 attendees. 15th March 2017: Deloitte,15 attendees 17th May 2017: T-Systems, 20 attendees 19th July 2017: Webber Wentzel, 27 attendees 28th September 2017: Thomson Reuters, 14 attendees 14th November 2017: Institute of Directors Southern Africa, 16 attendees
Whilst Business Engage focuses on the administration and day to day running of the 30%CSA, the Steercom ensures that the aims of the campaign are being met.
10
11
12
Members’ Dinner March 2017 The third Members’ Dinner was held on 8st March 2017 which was again hosted by T-Systems in Midrand. One hundred and fifty-five invited guests, the majority of whom are respected business leaders, enjoyed a wonderful night of good food, wine and networking and were briefed on the initiatives of the 30% Club. It is an opportunity to introduce South African business leaders to the work and the aspirations of 30%CSA. The speakers for the event were the Minister of Women in the Presidency, Susan Shabangu and Mardia Niehaus, Senior Vice President Middle East and Africa T-Systems International. The Members’ Dinner is an integral part of the 30%CSA calendar of events and is an important form of communication between 30%CSA, its members and potential members. T-Systems South Africa have confirmed that they will be hosting the forth Members Dinner on 8th March 2018.
13
Cape Town Launch Whilst the 30%CSA has been operating in Cape Town since late 2016 the Cape Town region was offically launched on 16th November 2017 at FNB Portside. The event, co-sponsored by FNB and T-Systems was attended by 85 guests. Liezel van der Westhuizen MC’d and Sneha Shar, MD Thomson Reuters delivered the keynote address. We look forawrd to Cape Town being a key component to the 30%CSA.
14
15
The BoardWalk and LeadersWalk Started in September 2015, The BoardWalk / LeadersWalk an essential programme for women aspiring to make it to the executive committees and boards of the private sector in South Africa. The first part of the programme involves business breakfasts. The second part a business challenge. These two parts are augmented by high level networking opportunities linked to the various other activities of the 30%CSA. The breakfasts, which are held at least five times a year in each region in Johannesburg, Cape Town and Durban, allows aspiring executives and board members to interact with existing, experienced executives and board members in a relaxed environment. Attendees look to the guest speakers and table hosts (the experienced directors) to impart practical advice to those who are wishing to make the step up. Since November 2016 357 individuals have attended 6 events in Johannesburg and in Cape Town 151 individuals have attended at the 4 events held. Two BoardWalks have been held in Durban so far, the same number for the LeadersWalks
BoardWalk Johannesburg
16
23rd November 2016: Telesure
70 attendees; 8 hosts Guest Speaker: Roy Clark, Clarkhouse.
8th February 2017: RMB
77 attendees; 8 hosts Guest Speaker: Marichen Mortimer, Chartered Director Institute of Directors.
10th May 2017: EY
111 attendees; 12 hosts Guest Speaker: Doris Msibi, Partner EY.
27th July 2017: Nedbank Private Wealth
74 attendees; 8 hosts Guest Speaker: Megan Werner, 14 year old author and speaker.
27th September 2017: Citi Group
83 attendees; 8 hosts Guest Speaker: Sneha Shah, MD Thomson Reuters.
3rd November 2017: EY
70 attendees; 8 hosts Guest Speaker: Nil.
BoardWalk Cape Town 2nd November 2016: T-Systems
49 attendees; 6 hosts Guest Speaker: Dineo Molefe, Vice President Finance and Controlling T-Systems South Africa.
23rd February 2017: T-Systems
42 attendees; 5 hosts Guest Speaker: Helen Nicholson, Helen Nicholson & Associates.
25th July 2017: T-Systems
59 attendees; 7 hosts Guest Speaker: Anqelique du Toit
21st September 2017: Webber Wentzel
53 attendees; 7 hosts Guest Speaker: Alexandra Cluver Head of Projects Webber Wentzel
BoardWalk Durban 24th August 2017: Barrows Global
33 attendees; 5 hosts Guest Speaker: Palesa Phili Regional Executive MTN.
11th October 2017: Deloitte
40 attendees; 5 hosts Guest Speaker: Ruwayda Redfearn Office Managing Partner Deloitte KZN.
LeadersWalk Johannesburg 16th October 2017: PwC
85 attendees; 11 hosts Guest Speaker: Themba Baloyi CEO Discovery Insure
1st December 2017: Wesbank (Internal)
72 attendees; 10 hosts Guest Speaker: Prof. Shirley Zinn
LeadersWalk Challenge Adding onto the BoardWalk / LeadersWalk programme the 30%CSA finalised the concept of the LeadersWalk Challenge. This is being run in conjunction with AVG Inc headed up by Enrico Baldassari, current CEO of Revlon / Elizabeth Arden. AVG has developed Jumpshift WorthTM, a training methodology, process and tool (including presentations and case histories), designed to enable the participant to develop integrated business acumen and skills., covering in a compact, but expandable, flexible and practical way all the aspects on how value generation can be achieved in a business organisation. Business Engage has taken this concept and developed it into a business challenge.
Appointments It was very satisfying when Mamokete Ramathe, a regular Board Walk participant was appointed to the Bell Equipment board. Even more so as the appointment was as a direct result of Mamokete’s involvement in the BoardWalk.
17
18
Gender Mainstreaming Awards The 5th Gender Mainstreaming Awards was held at Vodacom Dome on 7th September 2017 in association with the 30% Club Southern Africa. PwC were yet again the naming right sponsors. Minister of Women in the Presidency, Ms Susan Shabangu was in attendance. Blue Chip Companies who entered the awards include; • • • • • • • • • • • •
RMB Thomson Reuters Anglo Gold Ashanti Barloworld Equipment Vodacom Clover Mineworkers Investment Co. Group Five Barclays Cummings Coface EY
The Academy of Television and Screen Arts provided videos and recorded the proceedings for future marketing. As in 2016, we were able to conclude an agreement with the Times Media Group to produce a gender suppliment to the Sunday Times which was inserted in 70,000 copies. In addition to the 30%CSA, a number of the 30%CSA participating companies were profiled. PwC has committed to being the naming rights sponsor for the next two years.
Reacting to the new JSE listing requirements which oblige listed companies to have a board gender policy and to report on such policy this year the GMA launched the Gender Reporting by JSE Listed Companies Award. The entertainment was provided by Vicky Sampson, Jessica Mbangeni and the Cantore Children’s Choir. The Gender Mainstreaming Champion for 2017 is RMB; Previous winners are PPC, T-Systems, Business Connexion and Vodacom.
19
20
Lynn Brewer visit to SA In line with the 30%CSA policy of attracting top quality international speakers on 10th August 2017 30%CSA hosted Lynn Brewer. Lynn was exposed to the goings on at Enron which brought down Arthur Anderson in the USA. Our thanks go to long time 30%CSA supporter Michael Judin for arranging Lynn. 110 members and guest were enthralled with Lynn’s talk. For nearly three years, Lynn Brewer was in a position at Enron to witness numerous instances of illegal and corrupt dealings, including bank fraud, espionage, power price manipulation, and the gross overstatements to the press, public, and financial world. In 2006, as one of the last to meet with former CEO Ken Lay— after his conviction and just two weeks before his untimely death—Brewer and Lay discussed her pursuit of an answer to the question that haunts most investors—why didn’t the CEO see the company’s demise coming? Recognizing like most CEOs, often insulated from critical warning signs, Lynn believed Enron was the beginning of a changing landscape in our capital markets, writing in her 2002 autobiography: Confessions of an Enron Executive: A Whistleblower’s Story: “Look to Enron to foretell the future.” Lynn has tirelessly spent the past 13 years in pursuit of the answers
21
Gender Mainstreaming E-Zine Launched in December 2015, the Gender E Zine is an e-magazine profiling 30%CSA and non-30%CSA members in their gender activities and initiatives. Many people argue that nothing is been done in corporate South Africa. This is not true, however it is submitted that organisations are not, for various reasons, getting the story out to their stakeholders and the public at large. The Gender E Zine provides a platform to correct this. The E Zine is sent out to all members, contributors and interested parties. Recipients are encouraged to distribute the E Zine, which is free of charge, widely to their employees, clients and other stakeholders. The Gender E Zine was distributed in January, April, August and November.
22
Research The 30% CSA is currently undertaking research on both the gender reporting by JSE listed companies and the prevalence of female appointees to board position in terms of the King Codes non-executive director rotation. For the JSE listing requirements 2016 is being used as a benchmark. All JSE listed companies which publish their reports on or after 1st January 2017 are required to report on their policy. The30%CSA further partnered with Bain and Company for the Gender (Dis)Parity in South Africa research project which was published in 2017. It is expected that this is research which will be updated and expanded on over many years.
23
The Year Ahead 2017 was a good year for growth of the 30%CSA, both in terms of activities and membership. In 2018 we will be looking to consolidate the gains made. Cape Town and Durban will attract special attention to ensure that the momentum built up in those areas in maintained. In roads into East Africa will be made, although this will be approached with caution ensuring that a set up in that region would be sustainable and self-funding. The research will be continued with more subjective information being sourced. The LeadersWalk Challenge will ensure that the BoardWalk / LeadersWalk programme provides the private sector with a unique leadership platform which is essential in this country at the present time. We look forward to assisting organization in their search for outstanding female talent. Following on from Lynn Brewer, early in 2018 we are hosting Francine Katsoudas Senior Vice President and Chief People Officer Cisco San Francisco and Beatrix Dart, Executive Director: Initiative for Women in Business, Rotman School of Management and Chairman of the Steering Committee for 30% Club Canada. 2018 will see the setting up of a regional Steercom in Cape Town in order to attend to local issues and events. We will of course look to continue to focus on our working relationship and partnership with all our stakeholders.
Francine Katsoudas Senior Vice President and Chief People Officer Cisco
24
Prof. Beatrix Dart, PhD Professor of Strategic Management Executive Director, Rotman Initiative for Women in Business Country Lead The 30% Club Canada Co-chair The Canadian Gender and Good Governance Alliance University of Toronto, Rotman School of Management
CONTACT : Colleen Larsen 084-353-9865 colleen@businessengage.co.za www.30percentclub.org 25