The business and affairs of the Company must be managed by and under the discretion of the Board, which has the authority to exercise all of the powers and perform any of the functions of the Company.
Elected : May 2016
Elected as Board Chair: May 2019
Dr Nezar Eldidy
Director: Vice Chairman
Elected: December 2017
Elected as Vice Chair: 2019
Director: Finance, Risk and Audit
Elected : November 2016
Natasia van Binsbergen
Elected : May 2017
Elected : June 2019
Dr Inga Jacobs-Mata
Elected: June 2019
Elected : June 2019
Dr Lester Goldman
Chief Executive Officer
Appointed: January 2014
WISA is committed to maintaining a high standard of corporate governance and the Board is fully committed to creating value for members in a balanced, ethical and sustainable manner. The Board seeks to ensure that good governance is practiced at all levels and that it is an integral part of WISA’s operations.
The Board is the focal point of WISA’s corporate governance system and remains ultimately accountable and responsible for its performance and affairs.
A culture of compliance with applicable laws, regulations, internal policies and procedures has been established within WISA. The Board has established a Board Committee that addresses and advises on corporate governance. This committee utilises Task Teams or individuals to assist and advice when required. This Committee is currently undertaking a revision process of the WISA MOI, to be followed by other reviews, to ensure compliance to all relevant legislation and best practice.
Application of and Compliance with King III and King IV
The Board endorses the principle of openness, integrity, sustainability, transparency, fairness, responsibility and accountability advocated by the King Code of Governance for South Africa, King III and recently released King IV. The WISA Board focuses on:
- Setting and steering WISA direction
- Approving policy and planning
- Overseeing and monitoring WISA’s performance
- Ensuring accountability