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Governance
Statement

Our vision as Alternative Prosperity Holdings is to see societies and the environment prosper. In pursuing this commitment, Alternative Prosperity Holdings subscribes to the highest standards of corporate governance as per the King IV Report on Corporate GovernanceTM. We expect the highest standards of ethical and effective leadership from ourselves, our investees, our business partners and our stakeholders.

The Alternative Prosperity Holdings Board of directors consists of four executive directors and three non-executive directors. We report on business performance using a balanced scorecard approach with transformation as one of our key measurement metrics alongside financial and societal impact metrics.

Trevor Chandler

Chairman and Director

BCompt(Hons)

Role Description

Chairman and Director responsible for research

Career progression

Broad-based Black Economic Empowerment expert with more than 20+ years of experience in assurance, finance, risk management, and corporate governance-related professions.

Christiaan van der Merwe

Director: Strategy, Mergers & Acquisitions

CA(SA) CFA

Role Description

Responsible for Strategy and Investments for the Alternative Prosperity Group. He has more than 20 years’ experience in the transformation field complemented by his studies recognised through professional registration as a Chartered Financial Analyst and CA(SA). An auditor by profession, Christiaan specialised in company valuations at PwC. He was involved as one of the founding directors and technical head of ABVA, engaging with the DTIC on interpretative matters pertaining to B-BBEE. As one of the founders of the Alternative Prosperity Group, Christiaan has fulfilled the role of CEO since its formation.

Career progression

Auditor / Valuation specialist / Management consultant / B-BBEE verification manager / B-BBEE specialist / Transformation srategist / CEO

Dawie Malan

Director: Finance

ACMA, CGMA

Role Description

Responsible for the overarching management of the Alternative Prosperity Group’s finances. Ownership Analyst and Researcher. Business experience of 18+ years in financial and business management.

Career progression

Management accountant / Tax practioner / Financial Director

Elias Masilela

Non-executive Director

MSc Economics

Role Description

Non-executive Director

Career progression

Economist and Policy analyst

Erosha Govender

Director, CEO Diversifi, Transformation and DE&I Specialist

B.Eng. (Chemical), PDBM (UKZN), SMDP (USB)

Role Description

CEO Diversifi, Transformation and DE&I Specialist

Career progression

Erosha Govender leads the Diversifi and Six Capitals teams. She is responsible for ensuring effective execution of the business strategy through the client-facing teams; development of bespoke Transformation, Diversity, Equity and Inclusion Strategies for large listed clients with a sound knowledge of B-BBEE and related legislation.

She has held various positions within the BHP Billiton Group, including as Transformation Manager of the Manganese division where she was responsible for accelerating B-BBEE and Transformation, external stakeholder engagement and internal and external communications.
Erosha has extensive experience in the mining, metals and manufacturing sectors, which includes process optimisation, project management, community development and socio-economic transformation within the South African context.

Rudolph Fourie

Director: ESG matters and Business Development

CA(SA), Master’s degree in Development Finance

Role Description

Crafting ESG, transformation, and development finance strategies / Delivery of multi-stakeholder projects and management of development funds / Business strategy and people development

Career progression

ESG and Transformation strategist / Development Finance lecturer

Wanjiru Kirima

Non-executive Director

BEcon

Role Description

Non-executive Director

Career progression

Independent trustee / Specialist in Sustainability (ESG) / Impact investment / Principal Officer / African Pension Fund specialist

Chris van Wyk

Chris van Wyk

Director: Impact Solutions & Distribution

BComm LLB, LLM (cum laude)

Role Description

Chris is responsible for developing and bringing to market innovative and impactful solutions for transformation and sustainable development that aligns with the core values of the Alternative Prosperity group. He further heads up the marketing and sales of the group.
He is a qualified attorney (Stellenbosch University) with over 25 years of experience in the commercial legal and transformation sectors. He is an accomplished author and have co-authored two publications on B-BBEE, The Black Economic Scorecard Manual (JUTA) and Empowermentor (Lexis Nexis). He also acted as primary drafter of several pieces of legislation such as the Amended Financial Services, Forestry, Construction and Tourism Sector Codes.
In 2010 he founded AQRate Verification Services which were rated the nr 1 BEE Verification Agency by Top 500 Companies survey from 2013 till 2019 when he sold the business and started QubeBSolutions – a business that was subsequently acquired by the Alternative Prosperity Group.
He has held multiple board positions throughout his career and, amongst others, served as ABVA’s (Association of BEE Verification Agency’s) technical director and chairman from 2008 – 2012. In this capacity, he pioneered the development of the ABVA Best Practice Notes. Chris also served on the Joint Technical Committee of the Department of Trade and Industry, representing the verification industry with respect to interpretive matters up and until 2012.