Investors: Directors

Building sustainable investments for our shareholders.

Tiso Blackstar Group’s brands create and deliver superior content, services and experiences throughout Africa and the rest of the world. We’re focused on creating value for our investors, clients and customers.

Find out the latest news about Tiso Blackstar Group and explore detailed information relevant to investors and analysts interested in our company.

Information about our board of directors is listed below.

NON-EXECUTIVE GROUP CHAIRMAN

David Adomakoh is the chairman of TIH, a co-founder of Tiso Group, and served as its group managing director. He is a former director of Chase Manhattan Limited, London; head of the Chase Manhattan Bank, Southern Africa; executive director of Robert Fleming Holdings South Africa Limited; and head of Africa Corporate Finance at JPMorgan Chase Bank, NA Johannesburg branch. He serves as a non-executive director of KTH and chairman of its Investment and Valuation Committee, and as a non-executive director of Nedbank Group Limited and Vanguard Group Limited (Ghana). He has 25 years’ experience in executive management and investment banking, including principal investing, corporate and project finance advisory work, debt capital raising, and financial derivatives in a number of countries in Africa and Europe. He has also served on the boards of a number of South African, Nigerian and Ghanaian companies. He is a founder trustee of The Tiso Foundation and a World Fellow of the Duke of Edinburgh’s International Award. David holds a BSc (Econs) Hons (London School of Economics) and Diplôme de Langue et de Civilisation (La Sorbonne, Université de Paris).

NON-EXECUTIVE GROUP DEPUTY CHAIRMAN

John Mills, a qualified solicitor, is a director of Maitland Luxembourg SA and certain Luxembourg- and ISE-listed investment funds. For the past eight years, he has been a director and principal in the Maitland Group and a number of other companies. He has extensive experience in advising clients in the structuring and exiting of private equity investments through both onshore and offshore vehicles. John’s qualifications include the following: BCom (Law) (1989), LLB (1991), South African advocate (admitted 1995); solicitor of England and Wales (admitted 1996); and solicitor of the Eastern Caribbean Supreme Court (admitted 2007).

NON-EXECUTIVE DIRECTOR

Nkululeko Sowazi is the chairman of KTH, a leading South African Investment holding company with significant interests in the media, financial services and resources sectors. KTH was formed in July 2011 following the merger of two leading black-owned investment firms, KTI and Tiso Group, with combined gross assets of R15-billion. Nkululeko was the executive chairman and co-founder of Tiso Group, which was formed in 2001 and grew to a multibillion-rand investment company by the time the merger was concluded. He is a non-executive director of the JSE-listed companies Grindrod Limited and Litha Healthcare Group Limited. He serves as a non-executive director of Actom Holdings Proprietary Limited and Idwala Industrial Holdings Proprietary Limited. Nkululeko also works with a number of not-for-profit organisations. He is a founder trustee of the Tiso Foundation and chairman of the Homeloan Guarantee Company and Housing for HIV Foundation based in Washington DC. He serves on the board of governors of Michaelhouse College and is a World Fellow of the Duke of Edinburgh’s International Award. He holds a BA degree in economics and a MA from the University of California, Los Angeles.

CHIEF EXECUTIVE OFFICER

Andrew Bonamour is the founder of Blackstar (now named the Tiso Blackstar Group) and CEO of Tiso Blackstar Group SE, Tiso Blackstar SA and Tiso Blackstar Group. Andrew previously worked at Brait SA Limited (Brait) where he held positions in investment banking, principal investment divisions and corporate finance. At Brait, he originated and played a lead role in a variety of transactions, including leveraged buyouts, mergers and acquisitions, capital replacements and restructurings. Andrew has in-depth knowledge of and experience in corporate finance, private equity and investment banking. He holds a Bachelor of Commerce degree.

NON-EXECUTIVE DIRECTOR

Marcel Ernzer is an independent consultant in the financial sector. He was an auditor and later a consultant with PriceWaterhouse Luxembourg from 1982 to 1986. From 1987 to 1996, he was responsible for setting up and managing Unico Financial Services, a PSF in Luxembourg, owned by Crédit Agricole, DZ Bank, Rabobank, RZB Austria, Cera Bank (later KBC) and Okobank. He is a director of Insinger de Beaufort Holdings SA, Camera di Commercio Italo-Lussemburghese, Pro Fonds (Lux) Sicav and certain family-owned commercial companies including Tetrabat, Taxirent and FAS. Over the previous years he was a director of several financial services companies including Corporate Management Services owned by Commercial Union; EEK Invest, owned by Evangelische Kreditgenossenschaft; Piac, owned by RZB Austria; UKB, owned by Kokusai Securities; and Witherthur Financial Services, owned by Winterthur. He was also a director of several investment funds and served on the board of the Association of the Luxembourg Fund Industry until 1998.

NON-EXECUTIVE DIRECTOR

Harishkumar Kantilal Mehta (Harish Mehta) was instrumental in the expansion of Uniprint, which was founded more than 90 years ago, to 60 times its original size. Uniprint was acquired by Tiso Blackstar Group (previously Times Media Group Proprietary Limited and before that Avusa) in 2010. He is non-executive chairman of Cibapac Proprietary Limited and Wasteman Holdings Proprietary Limited and a non-executive director of Spar Limited and Redefine Income Fund Limited. In addition, he is a member of the KwaZulu-Natal Provincial Board of FNB, the Durban Country Club Trust and many other community organisations. He holds a Diploma in Printing Technology (Leeds, UK), BSc Industrial Engineering (University of Wisconsin, USA), MBA (University of Wisconsin, USA). He is executive chairman and CEO of Clearwater Capital, a family fund.