Steven Joffe Board Member pic


Chief Executive Officer

BCom (Hons Taxation), CA(SA), HDip (Company Law)

Steven is a CA(SA) and holds BCom (Hons Taxation) and HDip (Company Law) qualifications. Steven was with the enX Group Limited for the last five years, initially as Chairman and later as CEO. Steven was previously the CEO of Wild Rose Management (Pty) Ltd and Gold Reef Casino Resorts Limited.


Non-executive chairman

BA, LLB, DCom(h.c.)

Dr. Christo Wiese was appointed as a non-executive director of Invicta in October 1997 and served as chairman from October 1997 to April 2000. Christo was re-appointed as non executive chairman of Invicta in January 2006. Christo is currently also the chairman of Tradehold Limited and Shoprite Holdings Limited.



Non-executive director

BA (Value and Policy Studies), LLB, MIEM (Bocconi, Italy)

Jacob obtained his BA degree, after which he worked at Lourensford Wine Estate, assisting in initiating event partnerships. Jacob subsequently completed his master’s degree in International Economics and Management as a participant in an MBA program. After returning to Lourensford for a brief period, he graduated with an LLB degree in 2008. During 2009, he completed his pupilage at the Cape Bar and was admitted as an advocate of the High Court. Jacob was appointed as non-executive director of Invicta in July 2010.



Non-executive director

Lance is a director and shareholder of the SMG Group (BMW). Lance studied commerce at the University of Cape Town and has been involved in the hospitality and motor trade industries for the past 15 years. Lance represented South Africa as a rugby player in the national team in 1994. Lance was appointed as alternate director to Reg Sherrell on 27 May 2009 and was nominated as non-executive director of Invicta on 29 July 2010, upon the retirement of Reg Sherrell.



Executive director


Craig previously held positions with Sappi and Group Five, before joining Invicta as financial manager in 1998. Craig was appointed as director of CSE Equipment Company in 1999, as Invicta’s company secretary in 2002, and as an executive director of Invicta in June 2007. Craig resigned as company secretary in January 2014 and continued as financial as well as commercial director. During the year in review Craig handed the responsibilities of financial director over to Nazlee Rajmohamed, continuing in his role as commercial director.

Tony S


Executive Director

Tony joined JI Case in 1982 and was appointed as branch manager in 1986. Tony joined CSE Equipment Company in 1989 and was promoted to divisional managing director in 1993. Tony was appointed as managing director of CEG in 1998, a position which he still holds. Tony was appointed as an alternate director of Invicta in September 2006, and as an executive director in June 2007.

Rashid Wally


Independent non-executive director

Rashid has held various senior executive positions with IBM in Africa, Europe, the Middle East and South East Asia,
including Lenovo in Africa. Rashid has over 38 years of experience in the Information Technology sector and was chairman of the board and member of the audit committee of Mango Airlines (SOC) Limited. Rashid is currently chairman of Fastjet PLC, a company listed on the London Stock Exchange AIM Section, and also serves on that company’s audit and risk committee. Rashid was appointed as an independent non-executive director of Invicta on 30 July 2013.

Untitled design


Executive Director

NTC 5 and various diplomas.

Gavin has over 30 years’ experience in the engineering sector and holds various diplomas including a technical NTC 5 qualification. Gavin has gained experience through various managerial roles as well as running his own business, Oscillating Systems Technology (“OST”), which was acquired by Invicta in 2005. Gavin was appointed as a divisional director of Bearing Man Group (“BMG”) in 2008, forming part of their mergers and acquisitions team. Gavin also played a lead role in BMG’s Simplify for Success strategy. Gavin was appointed as CEO of ESG and MD of BMG in September 2016, and as a director of Invicta in September 2017. Gavin handed over the role of MD of BMG on 1 May 2019 to Robin Briggs, and continues in his role as the CEO of ESG.




Executive Director

BCom, CA(SA)

Nazlee is a chartered accountant, holding a bachelor of commerce degree and a post-graduate diploma in accountancy. Nazlee has over 24 years’ experience, having held senior positions within the TOTAL Société Anonyme Group in South Africa, Nigeria and France and at MTN Group Limited where she served as the Executive Group Finance. Nazlee joined Invicta on 1 July 2018 as Financial Director.


Paul Mpho Makwana (51)

Independent Non-executive Director

B.Admin and Post Graduate Diploma in Retailing Management

Mpho is an accomplished business leader with diverse experience spanning a period of more than 30 years in executive and C-Suite roles in the public and private sectors. In May 2020 he was appointed as an expert panelist for the Global Diversity & Inclusion Benchmark Report issued by the Centre for Global Inclusion.

He is currently Independent Non-Executive Chairman of JSE-listed ArcelorMittal South Africa Limited as well as Lead Independent Director – Nedbank Group Ltd (NDBKF.PK), Nedbank Ltd as well as Lead Independent Director on the Board of Invicta Holdings Limited (INVICTA). Furthermore, he serves as Chairman of the Advisory Board of the Investing in Africa Mining Indaba; Chairman of SAFCOL SOC Limited (State Forestry SOC), Limpopo Economic Development Agency (LEDA) SOC Limited and family-owned business Epitome Investments (Pty) Ltd.

He is also Chairman of Boardroom Alliance (Pty) Ltd – which holds the sub-Saharan trading license for Executive Search firm Heidrick & Struggles. Non-Executive Director of BioTherm Energy (PTY) Ltd; one South Africa’s foremost renewable energy companies.

He also volunteers as a Member of the Nelson Mandela Children’s Hospital Fund’s Fund Raising Committee and is a Trustee on the Board of the Nelson Mandela Children’s Fund. In April 2016 he was one 14 trustees appointed by HE The President of the Republic of SA to serve as a Trustee on the Board of Trustees of BRAND SA, 2016-2019. Between 2003-2007 he was also a Board Member of The International Marketing Council.

Ian van Heerden

Iaan van Heerden (49)

Non-executive Director

BLC, LLB, LLM (cum laude) and Higher Diploma in International Tax.

Iaan holds BLC, LLB and LLM (cum laude) degrees, and a Higher Diploma in International Tax. He served as an Investment Banking Director at Rand Merchant Bank and has more than 20 years’ experience in, inter alia, investment banking, mergers and acquisitions, tax and corporate law. Iaan is a co-founder of Oryx Partners, which manages Dr Christo Wiese’s family office and is a strategic business partner of the Wiese family.


Frank Davidson (56)

Independent Non-executive Director

Bcom Bacc CA(SA)

Frank is a chartered accountant with a career as business owner and executive spanning over 30 years. He has worked in the wealth management business for more than 20 years and is currently engaged in private equity. Frank is an independent non-executive director of Nu-World Industries Ltd and KayDav Group Ltd.


Lebohang Mpumlwana (37)

Company Secretary and Group Legal Counsel

B.Soc.Sci. degree, LLB degree, certificate in Risk, Compliance and Governance Law and Executive MBA (IE-Brown).

Invicta is pleased to announce the appointment of Ms Lebohang Mpumlwana as Company Secretary and Group Legal Counsel with effect from 1 January 2022.

Lebohang, an admitted attorney for over 11 years, is a corporate governance and M&A professional with in-practice experience at Webber Wentzel and Allen & Overy (LLP) South Africa. She has experience in a wide range of corporate governance matters as well as local and cross-border commercial transactions. Lebohang joins from Hulisani Limited, where she served as Head of Legal, Risk and Compliance. She holds a B.Soc.Sci. degree, a LLB degree, a certificate in Risk, Compliance and Governance Law and an Executive MBA (IE-Brown).