DR PATRICE MOTSEPE

DR PATRICE MOTSEPE

Executive chairman

BA Law and Doctor of Laws Honoris Causa (University of Eswatini, formerly University of Swaziland), LLB and Doctorate of Commerce Honoris Causa (University of the Witwatersrand), Doctorate of Commerce Honoris Causa (Stellenbosch University) and Doctor of Management and Commerce Honoris Causa (University of Fort Hare)

Appointed to the Avmin board in 2003, Dr Motsepe led ARMgold in 2003 into a merger with Avmin and Harmony. Following the merger, Avmin changed its name to African Rainbow Minerals (ARM) and he became the founder and Executive Chairman of ARM.

In 2002, Dr Patrice was voted South Africa’s Business Leader of the Year by the chief executive officers of the top 100 companies in South Africa. In the same year, he was the winner of the Ernst & Young Best Entrepreneur of the Year Award. Dr Patrice is a recipient of numerous other business and leadership awards including:

  • World Economic Forum Global Leader of Tomorrow, 1999
  • Afrikaanse Handelsinstituut, MS Louw Award for Exceptional Business Achievement, 2003
  • South African Jewish Report, Special Board Members Award for Outstanding Achievement, 2004
  • African Business Roundtable, USA, Entrepreneur & Freedom of Trade Award, 2009
  • McGuire Woods Outstanding Alumnus Awards, 2009
  • BRICS (Brazil, Russia, India, China, South Africa) Business Council, Outstanding Leadership Award, 2014.

Dr Patrice is also the Non-executive Chairman of Harmony and the Deputy Chairman of Sanlam Life Insurance Limited. He is also a member of the International Business Council of the World Economic Forum, which is made up of 100 of the most highly respected and influential chief executives from all industries. He is a member of the JP Morgan International Council and the Harvard Global Advisory Council. His past business responsibilities include being the chairman of the BRICS Business Council for 2013 and founding president of Business Unity South Africa, the representative voice of organised business in South Africa, from January 2004 to May 2008. He is also President of Mamelodi Sundowns Football Club.

In January 2013, Dr Patrice and his wife, Precious, joined the Giving Pledge, which was initiated by Warren Buffett, and Bill and Melinda Gates. Dr Patrice committed to give half of the wealth of the Motsepe family to the poor during his lifetime and beyond, and that of his wife.