BOARD OF DIRECTORS
Paul Baloyi
Chairman and Non-Executive Director
Appointed: May 2019
Mr. Baloyi is an entrepreneur based in South Africa. He has been in numerous leadership positions and has over 30 years’ experience in the financial services sector. He is a specialist in risk, governance and strategy with significant experience in development finance, enterprise development and institutional capacity building. He was the CEO and MD of the Development Bank of Southern Africa and the DBSA Development Fund from 2006 to 2013. He was instrumental in significantly increasing the size and scope of the bank’s activities both locally and into Africa. Mr. Baloyi spent 30 years with Standard Bank and Nedbank. His last position at Nedbank was as MD of Nedbank Africa until 2006, where he established many invaluable business relationships with companies and individuals across the continent. He was the Chairman of the African Capacity Building Foundation, the mission of which is to build human and institutional capacity for sustainable growth and poverty reduction in Africa. He was a council member of the Institute of Bankers in South Africa and served as Chairman of the Nedgroup Medical Aid Scheme. Mr. Baloyi has been and continues to be an independent non-executive director on various boards locally and in Africa and is a member of the Institute of Directors in South Africa.
Education: MBA from Bangor University in the UK, Management of Development Practice from North-West University, Advanced Management Programme qualification from INSEAD in France, and a Senior Executive Programme qualification from Harvard Business School in the USA.
Other significant directorships: ENX Group Ltd, Bid Corporation Ltd, Alphamin Resources Corp and Momentum Metropolitan Holdings Limited (Chairman).
Paul Baloyi
Chairman and Non-Executive Director
Appointed: May 2019
Mr. Baloyi is an entrepreneur based in South Africa. He has been in numerous leadership positions and has over 30 years’ experience in the financial services sector. He is a specialist in risk, governance and strategy with significant experience in development finance, enterprise development and institutional capacity building. He was the CEO and MD of the Development Bank of Southern Africa and the DBSA Development Fund from 2006 to 2013. He was instrumental in significantly increasing the size and scope of the bank’s activities both locally and into Africa. Mr. Baloyi spent 30 years with Standard Bank and Nedbank. His last position at Nedbank was as MD of Nedbank Africa until 2006, where he established many invaluable business relationships with companies and individuals across the continent. He was the Chairman of the African Capacity Building Foundation, the mission of which is to build human and institutional capacity for sustainable growth and poverty reduction in Africa. He was a council member of the Institute of Bankers in South Africa and served as Chairman of the Nedgroup Medical Aid Scheme. Mr. Baloyi has been and continues to be an independent non-executive director on various boards locally and in Africa and is a member of the Institute of Directors in South Africa.
Education: MBA from Bangor University in the UK, Management of Development Practice from North-West University, Advanced Management Programme qualification from INSEAD in France, and a Senior Executive Programme qualification from Harvard Business School in the USA.
Other significant directorships: ENX Group Ltd, Bid Corporation Ltd, Alphamin Resources Corp and Momentum Metropolitan Holdings Limited (Chairman).
Barry Hardy
Non-Executive Director
Appointed: September 2014
Mr. Hardy has over 30 years’ experience in the international gaming industry in both operations and financial management roles. After some 18 years of involvement with London Clubs as Finance Director then Chief Operating Officer and most recently as Executive Deputy Chairman, he retired in December 2007. He has since acted as a consultant to the gaming and leisure industry and has advised on a number of casino transactions including that of the Planet Hollywood Resort and Casino in Las Vegas.
Other significant directorships: Non-executive director on the board of Regency Entertainment SA which owns the Mont Parnes and Thessaloniki casinos in Greece.
Barry Hardy
Non-Executive Director
Appointed: September 2014
Mr. Hardy has over 30 years’ experience in the international gaming industry in both operations and financial management roles. After some 18 years of involvement with London Clubs as Finance Director then Chief Operating Officer and most recently as Executive Deputy Chairman, he retired in December 2007. He has since acted as a consultant to the gaming and leisure industry and has advised on a number of casino transactions including that of the Planet Hollywood Resort and Casino in Las Vegas.
Other significant directorships: Non-executive director on the board of Regency Entertainment SA which owns the Mont Parnes and Thessaloniki casinos in Greece.
Chris Jardine
Non-Executive Director
Appointed: September 2014
Dr. Jardine is co-CEO for the Tsebo Group, an integrated facilities solutions provider with offices in 27 countries. He joined Tsebo in 2011 as CEO of Tsebo Catering Solutions, assumed the role of Group COO in 2015 and was appointed into his current role in 2019. Prior to this he was CEO of the J & J Group. Chris has also worked in the IT, logistics, telecommunications, industrials and financial services sectors. He has served on the boards of companies as diverse as MTN, Transnet, Macquarie First South and Union Carriage and Wagons.
Education: PhD in Information Technology and BS and MS degrees in Computer Science, all from the George Mason University in Virginia, USA.
Chris Jardine
Non-Executive Director
Appointed: September 2014
Dr. Jardine is co-CEO for the Tsebo Group, an integrated facilities solutions provider with offices in 27 countries. He joined Tsebo in 2011 as CEO of Tsebo Catering Solutions, assumed the role of Group COO in 2015 and was appointed into his current role in 2019. Prior to this he was CEO of the J & J Group. Chris has also worked in the IT, logistics, telecommunications, industrials and financial services sectors. He has served on the boards of companies as diverse as MTN, Transnet, Macquarie First South and Union Carriage and Wagons.
Education: PhD in Information Technology and BS and MS degrees in Computer Science, all from the George Mason University in Virginia, USA.
Nchaupe Khaole
Non-Executive Director
Appointed: September 2014
Mr. Khaole currently serves as the Chief Investment Officer of MIC. He joined MIC in August 2012 and has in excess of 20 years’ experience within the financial services industry, the bulk of which have been in corporate finance and private equity. Prior to that, he was a Senior Investment Officer at the Development Bank of Southern Africa and he has previously worked for Safika Holdings and Liberty Holdings Limited.
Education: BCom and BCom Honours in Investment Management from the University of Johannesburg, MBA from the Gordon Institute of Business Science (GIBS) of the University of Pretoria.
Nchaupe Khaole
Non-Executive Director and Chairman of the Audit and Risk Committee
Appointed: September 2014
Mr. Khaole currently serves as the Chief Investment Officer of MIC. He joined MIC in August 2012 and has in excess of 20 years’ experience within the financial services industry, the bulk of which have been in corporate finance and private equity. Prior to that, he was a Senior Investment Officer at the Development Bank of Southern Africa and he has previously worked for Safika Holdings and Liberty Holdings Limited.
Education: BCom and BCom Honours in Investment Management from the University of Johannesburg, MBA from the Gordon Institute of Business Science (GIBS) of the University of Pretoria.
Anthony Puttergill
Non-Executive Director
Appointed: November 2006
Mr. Puttergill qualified as a Chartered Accountant (SA) and spent the early part of his career with KPMG in Johannesburg and London. He joined Peermont’s predecessor company in 1999 as commercial director when the group was still in its start-up phase and he was appointed deputy chief executive officer of Peermont in 2002, while also serving as the group financial director. In 2006, he was appointed as the chief executive officer of Peermont which acquired control of the previously listed Peermont Global Limited group in 2007.
He continued to serve as CEO of the Peermont Group until 2015 and then transitioned to a non-executive role, as chairman of the group from 2016 to 2019. Since relocating to New Zealand in 2019, he continues to serve as an independent non-executive director.
Education: Bachelor of Commerce, Bachelor of Accountancy (University of the Witwatersrand), Chartered Accountant (SA).
Nigel Atherton
Executive Director
Appointed: November 2016
Mr. Atherton was appointed as the Group Chief Executive Officer in 2016. Prior to this he was the Chief Operating Officer of Emperors Palace, the group’s flagship resort. He was appointed as the Chief Financial Officer for Emperors Palace in 2006 after he rejoined the Group in 2005 as Financial Manager at Emperors Palace. Prior to his return to Emperors Palace, he was the Divisional Director for Finance and Operations at Zenprop Property Holdings (Pty) Ltd. He has held various senior financial positions within Peermont since 1999.
Education: Bachelor of Accounting Science Honours Degree (UNISA), Chartered Accountant (SA).
Nigel Atherton
Executive Director
Appointed: November 2016
Mr. Atherton was appointed as the Group Chief Executive Officer in 2016. Prior to this he was the Chief Operating Officer of Emperors Palace, the group’s flagship resort. He was appointed as the Chief Financial Officer for Emperors Palace in 2006 after he rejoined the Group in 2005 as Financial Manager at Emperors Palace. Prior to his return to Emperors Palace, he was the Divisional Director for Finance and Operations at Zenprop Property Holdings (Pty) Ltd. He has held various senior financial positions within Peermont since 1999.
Education: Bachelor of Accounting Science Honours Degree (UNISA), Chartered Accountant (SA).
Charl Fouche
Group Chief Financial Officer
Appointed: August 2020
Years of service at Peermont and its predecessors: 22
Years of service on the Board: 4
Mr. Fouche was appointed as the Group Chief Financial Officer and an executive director in 2020. Prior to this he was the Group Finance and Operations Executive with effect from 2014. He joined the Group in 2002 as Financial Manager of Emperors Palace and was appointed Group Financial Manager two years later. He has been integrally involved in all aspects of the group’s corporate finance, reporting, and operational financial affairs.
Education: Bachelor of Commerce, Honours Degree in Accountancy and Certificate in the Theory of Accounting, all from the University of Johannesburg, Certificate in International Treasury Management from the Association of Corporate Treasurers, Chartered Accountant (SA).
Charl Fouche
Group Chief Financial Officer
Appointed: August 2020
Years of service at Peermont and its predecessors: 22
Years of service on the Board: 4
Mr. Fouche was appointed as the Group Chief Financial Officer and an executive director in 2020. Prior to this he was the Group Finance and Operations Executive with effect from 2014. He joined the Group in 2002 as Financial Manager of Emperors Palace and was appointed Group Financial Manager two years later. He has been integrally involved in all aspects of the group’s corporate finance, reporting, and operational financial affairs.
Education: Bachelor of Commerce, Honours Degree in Accountancy and Certificate in the Theory of Accounting, all from the University of Johannesburg, Certificate in International Treasury Management from the Association of Corporate Treasurers, Chartered Accountant (SA).
