Chief Executive Officer

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

Years of service as a director: 2

Steven was with the enX Group Limited for 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 and joined Invicta as CEO on 1 January




BA, LLB, DCom (h.c.)

Years of service as a director: 24

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



Non-executive Director

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

Years of service as a director: 10

Jacob obtained his BA degree, after which he began working at Lourensford Wine Estate, where he still manages the leisure and tourism activities on the estate. After completing his Master’s degree in International Economics and Management and his LLB degree, he completed his pupillage at the Cape Bar and was admitted as an advocate of the High Court.



Non-executive Director

B. Com

Years of service as a director: 12

Lance has been involved in the motor trade industry for over 15 years. Lance is a director and shareholder of SMG (both BMW, Jaguar & Land Rover motor franchises). He represented South Africa as a
rugby player.



Executive Director

Years of service as a director: 14

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 when he continued as financial director as well as commercial director. During 2018 Craig handed the responsibilities of financial director over to Nazlee Rajmohamed, continuing in his role as commercial director.



Independent non-executive director

Years of service as a director: 8

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. He was chairman of the board and member of the Audit Committee of Mango Airlines. Rashid was also previously the CFO, Regional CFO, CEO, Regional CEO and member of the EMEA Accounting Standards Board. Rashid is currently chairman of Fastjet Limited and also serves on that company’s Audit and Risk Committee.



Chief Financial Officer

Years of service as a director: 3

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 overseeing the group finance operations.


Paul Mpho Makwana (53)

Independent Non-executive Director
BAdmin (University of Zululand), BAdmin. Hons (University of Pretoria), EDP Certificate (Kellogg School of Management), Postgraduate Diploma, Retail Management (Stirling University, UK)

Years of service as a director: 2

Mpho Makwana is an accomplished business leader with diverse experience spanning a period of more than 30 years. He currently serves as Independent Non-executive Chairman of, amongst others, Nedbank Limited and Nedbank Group Ltd. He served his country as appointed by the President of the Republic of SA as a Trustee of The International Marketing Council (Brand SA) 2003-2006 and Trustee of Brand South Africa SOC, 2016-2019.


Iaan van Heerden (53)

Non-executive Director
BLC, LLB, LLM (cum laude), Higher Diploma in International Tax

Years of service as a director: 2

Iaan 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 (59)

Independent Non-executive Director

BCom, BAcc, CA(SA)

Years of service as a director: 2

Frank is a chartered accountant with a career as a business owner and an executive. He works in private equity as well as having been involved in wealth management for more  than 20 years. Frank has served
on numerous listed company boards.


Sade Lekena (36)

Group Legal Counsel and Company Secretary

LLB, Certificate in Governance, Risk and Compliance, Admitted Attorney

Ms Lekana joined Invicta on 15 April 2024,she is an admitted attorney with over 11 years of experience in corporate and legal affairs across diverse sectors including mining, food and beverage, telecommunications, energy, resources, and media. She has extensive experience in mergers and acquisitions, competition law, litigation, dispute resolution and proven track record as Company Secretary for the board of companies including Mc Donald’s SA, the Cyril Ramaphosa Foundation, and the Adopt a-School Foundation. She holds an LLB degree and a certificate in Governance, Risk and Compliance.