About

Koos Bekker (South African and Dutch) is the non-executive chair of the board. He led the founding team of the M-Net/MultiChoice pay-television business in 1985. He was also a founder of MTN Group Limited, a South Africa-based multinational mobile telecommunications company. He headed the group in its international and internet expansion until 1997, when he became chief executive officer of Naspers. He retired as the chief executive officer of Naspers on 31 March 2014. On 17 April 2015, he succeeded Ton Vosloo as chair of the Naspers board. He holds a BAHons and honorary doctorate in commerce from Stellenbosch University, an LLB from the University of the Witwatersrand and an MBA from Columbia University.

Hendrik du Toit is a non-executive director and our lead independent director. Hendrik is the founder and Chief Executive Officer of Ninety One. He entered the asset management industry in 1988 and joined Investec Group in 1991, founding Investec Asset Management, which rebranded to Ninety One in 2020. He also served as Joint Chief Executive Officer of Investec Group from 1 October 2018 until the demerger and listing of Ninety One from Investec Group on 16 March 2020.

Sharmistha Dubey (Indian, American) is an independent non-executive director of Naspers Limited. She is also the chief executive officer for Match Group, overseeing growth for the portfolio of brands including Tinder, Match, Meetic, OkCupid, Hinge, Pairs, Plenty of Fish, and OurTime. She holds a Bachelor of Science, Engineering, Indian Institute of Technology, India (1993) and a Master of Science, Engineering from Ohio State University, USA (1996). Mrs Dubey is also a board member and member of the compensation committee for Fortive Corporation, an industrial engineering company focused on hardware-driven businesses.

Craig Enenstein (American) is an independent non-executive director. He is also the chief executive officer of Corridor Capital, LLC, an operationally intensive private equity firm focused on the lower middle market. Corridor Capital, LLC is based in Los Angeles and was founded by him in 2005. He holds an MBA in finance from the Wharton School of Business of the University of Pennsylvania, an MA in international studies from the Lauder Institute: University of Pennsylvania and a BA from the University of California, Berkeley.

Manisha Girotra (Indian) is an independent non-executive director. She is the chief executive officer of Moelis India. She has more than 25 years of investment banking experience, with crossborder mergers and acquisitions expertise across a broad range of industries. Prior to joining Moelis & Company, she was the chief executive officer and country head of UBS AG in India, managing its investment bank, commercial bank, markets, equity research and wealth management divisions. Previously, she was head of North India of Barclays Bank PLC. She began her investment banking career at ANZ Grindlays in London. She serves on the boards of directors of Ashok Leyland Limited and Jio Payments Bank Limited. She holds a BAHons in economics from St. Stephen’s College, India and a masters in economics from the Delhi School of Economics, India.

Rachel Jafta (South African) is an independent non-executive director. She is a professor in economics at Stellenbosch University. She joined Naspers as a director in 2003 and was appointed a director of Media24 in 2007. She is a member of the South African Economic Society, chair of the Cape Town Carnival Trust, a member of the Management Committee of the Bureau for Economic Research at Stellenbosch University and a member of the International Advisory Board of Fondação Dom Cabral Business School, Brazil. She was appointed as chair of the Media24 board of directors in April 2013. She is the chair of the Media24 nomination committee. She is also a director of Naspers Beleggings (RF) Limited. She holds an MEcon and a PhD from the University of Stellenbosch.

Angelien Kemna (Dutch) is an independent non-executive director. She holds a MSc Operations Research from Erasmus University, Rotterdam (1981) and a PhD Finance from Erasmus University, Rotterdam (1988). She was a visiting scholar at Sloan School MIT (1985, Boston, USA). She is currently an independent board member and chair of the audit committee of Friesland Campina; senior independent board member of AXA Investment Managers and independent board member and member of the audit committee of AXA Group; and independent board member and chair of the risk committee of NIBC Holding. Mrs Kemna was previously a member of the executive board of APG Group in the Netherlands, where she initially held the role of chief investment officer and subsequently was chief finance and risk officer. In addition, she was part-time professor in corporate governance at the Erasmus University, Rotterdam.

Nolo Letele (South African) is a non-executive director. He joined M-Net in 1990 and pioneered MultiChoice’s expansion outside South Africa. In 1995, he moved to the Republic of Ghana, where he served as MultiChoice’s West African regional general manager. In 1999, he was appointed chief executive officer of MultiChoice South Africa Holdings Proprietary Limited (MultiChoice SA), and later served as the MultiChoice group chief executive officer until 2010, when he was appointed executive chair of MultiChoice SA; currently non-executive chair. He has won several awards including Media Man of the Year in 2001 (Saturday Star—Business Report); Media Owner of the Year in 2003 (Financial Mail Adfocus); and the Lifetime Africa Achievement Prize for media development in Africa (Millennium Excellence Foundation). He holds a BScHons in electronic engineering from the University of Southampton.

Debra Meyer (South African) is an independent non-executive director. She is a professor of biochemistry and executive dean of the Faculty of Science at the University of Johannesburg. She has completed modules in media strategy and academic leadership at Harvard University and the Gordon Institute of Business Science, University of Pretoria and makes regular contributions to several newspapers and magazines. She serves as a trustee or board member for several organisations. She is also a director of Naspers Beleggings (RF) Limited. She holds a BSc in biological sciences, a BScHons and an MSc in biochemistry from the University of Johannesburg (then, the Rand Afrikaans University) and a PhD in biochemistry and molecular biology from the University of California, Davis (which she attended as a Fulbright Scholar).

Roberto Oliveira de Lima (Brazilian) is an independent non-executive director. He developed his career at companies like Accor S.A., Rhone Poulenc S.A. (now part of Sanofi S.A.) and Compagnie de Saint-Gobain S.A. in the information technology and finance areas. He was chair and chief executive officer of Credicard Group, chief executive officer of Vivo S.A., the largest mobile telecommunications company in Brazil, chair of Publicis Brazil and president of Natura S.A. (Natura). He was previously a board member of Edenred S.A. in France, Pão de Açúcar S.A. (Casino) and Natura in Brazil. He is a member of the board of directors of RNI Negócios Imobiliários S.A. In April 2019, he left the board of directors of Telefônica Brasil S.A. after 14 years with that company, having served six of those years as president and chief executive officer and eight years as a board member as well as quality and services committee member. He holds a BA and MA in business management from Fundação Getúlio Vargas in Brazil and an MA from Institut Superieur des Affaires at Jouy en Josas—France.

Steve Pacak ( South African) is a non-executive director. He began his career with Naspers at M-Net in 1988 and has held various executive positions in the Naspers group. He is a director of MultiChoice Group Limited as well as companies in the Naspers group. He was appointed as an executive director of Naspers in 1998 and a non-executive director on the Naspers board on 15 January 2015. He retired as Naspers’s financial director on 30 June 2014 and remained on the Naspers board as a non-executive director. He is a qualified South African chartered accountant and holds a BAcc from the University of the Witwatersrand.

Mark Sorour (Mark Sorour) is a non-executive director. He joined the Naspers group in 1994, leading business development and corporate finance, globally. Following assignments in Hong Kong and Amsterdam, he returned to Cape Town in 2002 as the Naspers group’s chief investment officer, being responsible for all global investment activities. On 31 March 2018, he retired after more than 20 years with the Naspers group. He remained on the Naspers board as a non-executive director. He is a qualified South African chartered accountant and holds a BCom and DipAcc from the University of KwaZulu-Natal.

Cobus Stofberg (South African and Dutch) is a non-executive director. He was a member of the founding team of the M-Net/ MultiChoice pay-television business in 1985. He served as chief executive officer of the group from 1997 to 2011, and has been instrumental in the expansion of the Naspers group. Prior to joining M-Net, he was a partner of Coopers & Lybrand (now PricewaterhouseCoopers Inc.). He is a qualified South African chartered accountant and holds a BComLaw and LLB from Stellenbosch University and a BComptHons from the University of South Africa.

Engaged in the retail business since 2004, Ms Xu has been leading Wumei’s major acquisitions including that of Metro China and B&Q China, and the digital transformation of the traditional retail stores into online and offline omni-channels. Prior to joining Wumei Technology Group, Ms Xu was vice president of LG (a joint venture) at Tianjin International Trust & Investment. Ms Xu holds a BA degree in English from Tianjin University, China, and an M.B.A. from Meinders School of Business, Oklahoma City University, United States.

Lydia was appointed CEO of OLX in March 2023 after serving as Group CFO since 2016. She has over 25 years' experience in leadership roles at global consumer internet and online marketplace businesses, including eBay and PayPal. Lydia currently serves on the boards of directors of OLX Brasil, OfferUp and Udemy (Nasdaq:UDMY) where she is Chair of the Audit Committee.

Laurent was appointed CEO PayU in January 2016. He is responsible for global operations and brings extensive knowledge of digital payments and high-growth markets to PayU. He concluded an 11-year career at PayPal as Vice-President and General Manager for Continental Europe, where he successfully led the launch of PayPal in Africa, Israel and the Middle-East. Laurent started his career as a business analyst at McKinsey, before founding TalentManager in 1999. TalentManager is a leading recruitment software provider and he spent three years growing the business, successfully selling the Italian operation. Laurent holds an MBA from the London Business School and is a graduate of Bocconi University in Italy (CEMS Master, International management).

Larry is the CEO of Prosus Food and Edtech. He is an experienced CEO, leading investor and board director, with over 20 years of experience in managing and advising multinational companies. Since joining Naspers in 2013 and launching Prosus Ventures (previously Naspers Ventures) in 2015 as the group’s first CEO, Larry now leads the Prosus Food and Prosus Edtech segments as CEO. Larry has overseen investments totaling nearly $12 billion around the world. He has been recognised for his leadership, twice chosen as one of the top five most influential corporate venture investors on the GCV Powerlist. In 2021, he was featured as an expert panelist at the Milken Institute conference, and in 2022 at the ASU + GSV Summit.

Martin leads Prosus Ventures. Prior to this role, as COO of Prosus Ventures/Naspers Ventures, Martin’s primary areas of focus were ventures strategy, assessing investment targets, and supporting our portfolio companies with operating expertise. Prior to Naspers, Martin was CEO of Kiva.org, where he was responsible for bringing the organisation to solid operational and financial footing in the years after start-up. Prior to Kiva, he spent many years leading ecommerce businesses in retail marketplaces, and horizontal & vertical classifieds space. Martin started his working life as a strategy consultant and founded his own private equity business early in his career. Martin holds an MSc. in Mechanical Engineering from the Swiss Federal Institute of Technology (ETH) and an MBA from INSEAD.

Charles is responsible for the group's listed internet assets, including Tencent Holdings Limited; a leading Chinese Internet company listed on the Hong Kong Stock Exchange. He joined the Naspers group in 1998 in Hong Kong where he held the position of chief investment officer for the group’s internet division. Prior to joining Naspers, Charles held senior corporate finance and M&A positions at Cable & Wireless, Hong Kong Telecom and Deloitte. Charles is a member of the Institute of Chartered Accountants in Australia.

Ishmet Davidson joined Media24 in 2012 as head of community newspapers. He became the head of its news division in 2014, after which media distribution company On the Dot and Media24’s magazine division were added to his responsibilities. He has 16 years’ experience in the media industry and among other qualifications, holds a Bachelor of Commerce degree and an MBA from the Edinburgh Business School at Scotland’s Heriot Watt University. He became CEO of Media24 on October 1, 2018.