NON-EXECUTIVE DEPUTY CHAIRPERSON

BMFI is an equal opportunities employer and positively encourages applications from suitable qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, religion or belief.

BLACK MANAGEMENT FORUM INVESTMENTS COMPANY LIMITED was established in 1996 to serve as the investment vehicle for the BLACK MANAGEMENT FORUM, a non-profit organisation pursuing the development of managerial leadership, and to promote the transformation of organisations in South Africa.

BMF members continually provide input to Government, business, trade unions and civil society. Furthermore, the organisation pro-actively plays a leading role at all levels on policy formulation, strategic planning and other key issues facing the country.

When BMF Investments commenced operations in 1996, BMF was the sole shareholder. In 1998, the company was converted into a public entity and BMFI s’ shareholding was diluted with the introduction of Sanlam and 281 individual BMF members.

BMFI is an investment company whose values are grounded in socio-economic transformation, empowerment and broader participation by black people in the South African economy.

BMF Investment holds a diversified investment portfolio comprising of publicly traded and private companies.

The Independent Non-Executive Deputy Chairperson will fulfil the following functions:

1. To lead in the absence of the chairperson.
2. To serve as a sounding board for the chairperson.
3. To act as an intermediary between the chairperson and other members of the board of directors, if necessary.
4. To deal with shareholders` concerns where contact through the normal channels has failed to resolve concerns, or where such contact is inappropriate.
5. To strengthen independence on the board of directors if the chairperson is not an independent non-executive director.
6. To chair discussions and decision-making by the board of directors on matters where the chair has a conflict of interest.
7. To lead the performance appraisal of the chairperson.
8. To be a member of the Investment Sub-committee.

• Previous CEO or C-Suite Experience: the ideal candidate must have the necessary insight into operational challenges and the ability to mentor the current CEO.
• Prior Board/Committee Service: Extensive experience as a Non-Executive Director (NED) or chairing committees (e.g., Audit, Compensation) is critical to understanding board dynamics and governance.
• Industry Expertise: A deep understanding of the company's industry, market trends, and regulatory environment.
• Experience of establishing long term partnerships with companies in the private sector.
• An understanding of investments policies.

• Leadership & Character: Unimpeachable integrity, personal humility, and the courage to make difficult, right decisions for the company.
• Strategic & Business Acumen: Experience in business leadership, with a focus on long-term strategy, risk management, and organizational culture.
• Facilitation & Communication: Ability to manage dynamics, encouraging all members to contribute while resolving conflicts constructively.
• Soft Skills & EQ: Strong listening skills, empathy, and the ability to build relationships with the CEO, board members, and stakeholders.
• Process-Oriented: Focused on effective, rather than just fast, decision-making, while allowing space for others to shine.
• Time Commitment: Dedication to preparing for meetings, mentoring, and conducting board evaluations.

Applicants should submit a CV and short (maximum one page) covering letter setting out why you are applying for this role, your motivations for joining private practice and the relevant experience that you will bring. All applications should be submitted to ***email_hidden***.

Timeline for Recruitment

22nd September 2026 - Deadline for Applications

Disclaimer

“BMFI is committed to equality, employment equity, and diversity in accordance with employment equity plan of BMFI and its employment equity goals and targets, preference may be given but not limited to candidates from under-represented designated groups. BMFI reserves the right not to make an appointment to the vacancy as advertised”.

“If you have not been contacted within 14 days after the closing date of this advertisement, please accept that your application was unsuccessful”.