Olufunke Ighodaro

Non Executive / Other Non-Executive
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About

Funke is an independent non-executive director.  She is a Non-executive Director of Sabvest Limited, Spar Group Limited and Telkom SOC Limited.Previously Funke served as the Deputy Chair, Lead Independent and Audit and Risk committee chair of Massmart Holdings Limited (a Walmart subsidiary company, housing its African retailing interests). She is also the audit and risk committee chair of Transaction Capital Limited and has served as independent non-executive director and audit and risk committee member of Datatec Limited (a global IT services business operating across Africa, Europe, North America and Asia).Funke has over 22 years’ experience operating at executive board level, having previously served as chief financial officer of JSE listed companies namely Tiger Brands Limited, Primedia Limited and as executive director and chief financial officer designate of Barloworld Limited. She was an executive director of EMTS Limited (trading as 9mobile), Nigeria’s fourth largest telco as well as acting in an interim capacity as chief financial officer. She also founded and led the private equity business of the Kagiso Trust Investment Group.

Education: Bachelor of Business Science (Hons) (Operational Research) from the University of Salford, Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW); Chartered Accountant with the South Africa Institute of Chartered Accountants (SAICA).

Board Committees: Actuarial; Audit (Chairperson); Risk

 

Personal Details

Title: Ms
Surname: Ighodaro
Known as: Funke
DoB: 01/01/1963
Age: 63 years
M/F: Female
Nationality: South Africa
Country of Birth: South Africa
Language: English
Qualification: BSc (Hons),FCA
Industry:

 

Qualifications & Experience

 

Industry Experience +5yrs:
Industry Qualification +5yrs?:
Finance experience +5yrs?:
Finance Qualification +5yrs:
Legal experience +5yrs?:
Delinquent director?:
Other Experiences?:
Collapsed company director?:

 

Other directorships (state)

(only entities turnover at least $5m p/a)

CompanyCommitteePositionDate Appointed
AuditChairperson
BoardOther Non-Executive
BoardOther Non-Executive

 

Working history

Name

Chief Financial Officer

Tiger Brands Limited
Appointed Date:
Date Resigned:
Industry: Food Chain

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Name

Other Non-Executive

Datatec Limited
Appointed Date:
Date Resigned:
Industry: Technology

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Name

Chief Financial Officer

Barloworld Limited
Appointed Date:
Date Resigned:
Industry: Manufacturing

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Committee/s

CompanyCommitteeRoleAppointment DateResignation Date
Old MutualBoardMember01/01/2025
Old MutualAuditChairperson01/01/2025
Massmart Holdings LimitedBoardMember27/08/2021
Sabvest Capital LimitedBoardMember01/01/2020
Sabvest Capital LimitedCapital investmentChairperson01/01/2020
Sabvest Capital LimitedAuditMember01/01/2020
Sabvest Capital LimitedRemunerationMember01/01/2020
Sabvest Capital LimitedNominations & GovernanceMember01/01/2020
Sabvest Capital LimitedSocial & EthicsMember01/01/2020
The SPAR Group LimitedBoardMember01/02/2024
Telkom SA SOC LimitedBoardMember01/07/2021

 

Independence Questions

Any family members working for the company?:
Are you doing business with the company?:
Do you hold shares in the company for more than 0.10%? (directly or by representation):
Is your Director annual fee more than 5% of your total income from all sources?:
Are you more than 10 years as a director?:
Are you an executive chairperson?:
InsidEntity has assumed that responses to the Independent Questions are NO as the company has not populated the information. The result will present the Director as Independent.
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