BOARD OF DIRECTORS

Huge Group is proud to have a Board of Directors that brings a wide range of skills, expertise, knowledge, and experience to bear in the oversight and management of our investments.  

Non Executive Directors

DR DUARTE DA SILVA

PhD (Eng); BSc (Mech Eng)

Non Executive Chairman

Duarte has more than 20 years of experience in the investment industry, having concurrently been the Regional Head of Macquarie’s (Macquarie is a Global investment Bank, originating out of Australia) African Operations and Chief Executive Officer of a joint venture Macquarie First South (a financial services company he founded in 2002) until 2016. Whilst at the helm of Macquarie, the business generated in excess of US$100 mn. of income, focusing on investment banking, equity trading, equity capital markets, and infrastructure asset management.  Prior to joining Macquarie, Duarte was Deputy Chairman of McCarthy Bank (chaired by Cyril Ramaphosa). He was also an executive director at Merrill Lynch South Africa, where he was the Number 1 Rated Technology Analyst.  Duarte holds a Doctorate of Philosophy in Engineering (PhD) from the University of the Witwatersrand, which he obtained at the age of 24.

DR BRIAN ARMSTRONG

BSc; MSc; PhD

Non Executive Director

Brian has more than 30 years of top level management experience in telecommunications, IT, technology research and development and systems engineering, both in South Africa and internationally. He presently holds the position of Professor in the Chair of Digital Business at Wits Business School and previously held the positions of Group Chief Operating Officer and Group Chief Commercial Officer at Telkom SA SOC Limited. Prior to joining Telkom in 2010, Dr Armstrong was the Vice President for Middle East and Africa at the BT Group Plc. He has also held positions at the CSIR, ultimately as the Director of the Division for Information and Communications Technology. He was the Managing Director of listed ICT services Group AST Networks (now Gijima).

VINCENT MOKHOLO

BSc; Telecom MBA (UK)

Non Executive Director

Vincent has more than 18 years of experience in the telecommunications industry and served as the Chairman of Huge from January 2013 to March 2016. Vincent joined TelePassport in 1999 and served as Client Services Director at the time of merging with Centracell to form Huge Telecom. Prior to the merger, he played a role in the empowerment transaction which culminated in Mojaho Trading acquiring 30% of TelePassport.  Vincent was instrumental in the development of Huge Telecom following the merger. During his time with Huge Telecom, Vincent held the positions of Deputy Managing Director and was responsible for bedding down the operations and service deliverables for the combined entity.  In addition, he was part of the team which listed Huge Group on Altx in 2007 and the main board of the JSE in 2016.  Vincent was also Director of Ambient Mobile from March 2011 to March 2016, during a portion of which he served as its Chief Executive Officer.  Vincent is presently the Operations Director of Mano Coal, a significant coal logistics and trading business.

DENNIS GAMMIE

CA (SA)

Non Executive Director

Dennis served as the CFO of the Aveng Group, the FD at Murray & Roberts Materials and a subsidiary of the Imperial Group. He also held an acting MD position over a large steel manufacturing and mining subsidiary of the Aveng Group & chaired various board committees. During his tenure, he was instrumental in many of the advancements of the company, including the listing of the Aveng Group on the JSE. In 2001, he successfully secured the first R1 bn. US bond for a construction company, delineated in ZAR, with no currency risk. In addition, Dennis played a key role in implementing Aveng’s active global investment strategy, includng the acquisition and delisting of McConnell Dowell, which had previously been listed on the Australian Stock Exchange. He also participated in the successful disposal of large listed and unlisted entities as part of this strategy. From the time of joining Aveng Group in 1998 until his retirement in 2010, Dennis oversaw the growth of its revenue base from approximately R5 bn to a cash generative and highly profitable entity with a market cap of R40 bn.

CRAIG LYONS

B Comm; D.Soc (Economics)

Non Executive Director

Craig is an experienced and accomplished investment banker and businessman with extensive strategic, management and finance experience gained in various industries and from having developed and led a number of pre-eminent businesses in Southern Africa. He is presently a non-executive director of a number of companies and previously the held the position of CEO of Mvelaphanda Strategic Investments.

Craig actively participates as an independent director on various company boards, committees and investment funds.  During his career he has successfully co-founded, lead and managed two South African investment companies, one of which was listed on the JSE. Craig has also spear-headed a number of high profile investment transactions in a multitude of sectors with a combined transaction value in excess of R28 bn.

Executive Directors

James Herbst.png

JAMES HERBST

BComm, BAcc, CFA, CA(SA)

Chief Executive Officer

James has over 20 years of experience in the investment industry, 14 of which have been within the telecommunications industry. James joined Huge Group as its CFO in 2006 and was appointed as CEO in 2008.  His appointment as CEO of Huge coincided with his appointment as the MD of Huge Telecom, a position he held until 31 March 2018.  James was responsible for the initial listing of Huge Group on AltX in 2007 and supported the move to the main board of the JSE in 2016. James has also been instrumental in driving the investment strategy for Huge Group, which has resulted in the acquisitions of Huge Connect and Huge Networks in March 2017. He started his investment career as a private client portfolio manager at Fleming Martin Private Asset Management and BoE and entered the mergers and acquisitions space in 2003, facilitating various listings of businesses on AltX. In 2004, he was a principal member of the team that listed DataPro Group (now Vox Telecom).

ANDY OPENSHAW

B Pharm

Chief Operations Officer

Andy has more than 20 years of experience in the telecommunications sector. Before joining Huge Group, he was the CEO of the Reunert Communication Cluster. He also acted as the CEO of ECN, following its sale to Reunert. Prior to joining ECN, Andy operated TDC, a major supplier of high-tech telecommunication products to Telkom.  Under Andy’s leadership, ECN became one of South Africa’s leading voice and data service providers. Andy successfully leveraged the ECN offerings through a wide base of channel partners, including the Reunert owned Nashua franchise channel, making it a significant contributor to Reunert.  Prior to entering the telecommunications sector, Andy fulfilled senior sales and marketing positions at Glaxo Pharmaceuticals. He was also a founding partner of Professional Pet Products and is presently the chairman of Radford Dale (The Winery of Good Hope). In addition to his BPharm, Andy has also completed the Advanced Executive Program at the UNISA School of Business Leadership.

SAMANTHA SEQUEIRA

CA (SA)

Chief Financial Officer

Samantha is a Chartered Accountant with experience in the telecommunications industry, having previously been the Financial Director of Virgin Mobile South Africa Proprietary Limited.

During her tenure at Virgin Mobile, Samantha was responsible for leading and managing the finance team, as well as key financial planning and analysis.