Board of Directors

of Coronation Fund Managers Ltd

  • Shams Pather

    Independent Non-Executive Chairman

    BBusSc, BCom (Hons), MBA (UCT)

    Shams was appointed to the Board in 2005 and to the position of Chairman in March 2009. He has more than 30 years’ experience in the asset management industry. From 1974 to 2003, he worked at Norwich Union, Colonial Mutual Life Assurance, Southern Life and Real Africa Asset Management. His directorships include Oceana Group Ltd, Lungisa Industrial (Pty) Ltd, Lungisa Technologies (Pty) Ltd, Lungisa Investment Holdings (Pty) Ltd, Centre for Proteomics and Genomics Research and Kagiso Tiso Holdings (Pty) Ltd.

  • Anton Pillay

    Chief Executive Officer

    BBusSc, CA(SA), CFA, AMP (Harvard)

    Anton was appointed Chief Executive Officer of Coronation Fund Managers in February 2013 and has been a member of the Board since June 2009. He joined Coronation in January 2006 from BoE (Pty) Ltd, where he held a number of key positions and directorships. Anton has extensive knowledge and experience of the investment and banking industry. He is a director of various Coronation subsidiaries, and also serves as chairperson of Namibia Asset Management and on the board of PPS Investments. Anton is a member of ASISA.

  • Lulama Boyce

    Independent Non-Executive Director

    BCom (Hons), CA(SA), MCom, Financial Management (UJ)

    Lulama is the head of department of commercial accounting at the University of Johannesburg. She is also a member of the board of Adcock Ingram Holdings. She graduated from the University of Cape Town in 2002 and served her articles at Grant Thornton Johannesburg. She is a former account manager of the Industrial Development Corporation (IDC) and was part of the transport and financial services business unit from 2008 to 2011. She is a former project finance consultant and served on the audit committee of Automotive Supplier Park (ASP) from 2007 to 2009. Lulama was appointed to the Board in October 2014 and is an independent non-executive director of Coronation Management Company (RF) (Pty) Ltd and Coronation Life Assurance Company Ltd.

  • Judith February

    Independent Non-Executive Director

    BA (Law), LLB, LLM (UCT)

    Judith is a senior research associate at the Institute for Security Studies and a Visiting Fellow at the Wits School of Governance. Prior to that, Judith headed up IDASA’s South African governance programme. She practised law in Cape Town until 2000 and holds an LLM in Commercial Law. Judith also is a Conflict Dynamics accredited commercial mediator. She is a regular media analyst on South African politics and writes columns for Eyewitness News, Daily Maverick and Media24. She is the author of ‘Turning and Turning: exploring the complexities of South Africa’s democracy’, published by PanMacMillan in August 2018. Judith also chairs the Springfield Convent School board of governors. She was appointed to the Board in August 2008.

  • Jock McKenzie

    Independent Non-Executive Director

    BSc (Chem Eng), MA (Lancaster)

    Jock is a member of the boards of Sappi and Capitec and Zululand Distilling Company (Pty) Ltd. He chairs the board of trustees of the UCT Foundation, the Carleton Lloyd Educational Trust and the Rondebosch Boys’ Schools Education Trust. Jock held several senior executive positions globally and in South Africa. In 1999, he was appointed chairman and chief executive officer of the Caltex Corporation, and served as president for Asia, Middle East and Africa Products of the Chevron Texaco Corporation from October 2001 to January 2004. Jock was appointed to the Board in May 2009.

  • Hugo Nelson

    Independent Non-Executive Director

    MBChB, MBA (Oxon), CFA

    Hugo is founding partner of Fortitudine Vincimus Capital Advisors (Pty) Ltd. He is former CEO of Coronation Fund Managers, prior to which he was a member of the investment team of the business for eight years. Hugo is a medical doctor who found his way into investment management via an MBA completed at Oxford University. He is a CFA charterholder. Hugo is a trustee of the DG Murray Trust, member of the Steinhoff NV supervisory board and a patron of George Whitfield College. Hugo was appointed to the Board in November 2016.

  • Mary-Anne Musekiwa

    Chief Financial Officer

    BCom (Accounting), CA(SA)

    Mary-Anne was appointed as Chief Financial Officer and Financial Director in June 2019, and had been fulfilling the role of Deputy Chief Financial Officer since December 2018. Prior to joining Coronation, she served as Chief Financial Officer of projects at DirectAxis, a subsidiary of the FirstRand Group, where she provided strategic and financial input to various projects within the respective business units. Prior to that, she held roles in the fields of finance, tax, and accounting policy governance at various financial institutions. 


  • Alexandra Watson

    Lead Independent Non-Executive Director

    BCom (Hons), CA(SA)

    Alexandra is an emeritus professor of the University of Cape Town, having retired earlier this year after decades of teaching postgraduate financial reporting. She is a former chairman of the accounting practices committee, the technical accounting committee of the South African Institute of Chartered Accountants, and is a member of the Financial Reporting Investigations Panel (an advisory panel of financial reporting experts formed by a joint venture of the JSE and SAICA). In April 2018, Alexandra was appointed as an independent director of Steinhoff International Holdings N.V. She is the vicechairman of the board of the Global Reporting Initiative, an Amsterdam-based organisation promoting understanding and communication of sustainability issues and in November 2018 was appointed to the board of WWF-SA.

  • Madichaba Nhlumayo

    Independent Non-Executive Director

    BBusSc, CA (SA)

    Madichaba was appointed as an Independent Non-Executive Director on 12 June 2019. Previous roles include Executive Director at Pan-African Holdings Capital (Pty) Ltd, a principal at Trinitas Private Equity Fund and transactor at RMB Ventures. Madichaba has been serving as an Independent Non-Executive Director on the boards of Coronation Life Assurance Company (Pty) Ltd and Coronation Management Company (RF) (Pty) Ltd since 1 August 2015.