Directors
Wendy Luhabe – Chairman
J P Landman – Lead Independent Non-Executive Director
Anneke Andrews – Non-executive
Sandeep Khanna – Non-executive
Sibongile Masinga – Non-executive
Wendy Luhabe – Chairperson
J P Landman – Non-executive
Anneke Andrews – Non-executive
Sandeep Khana – Non-executive
Sibongile Masinga – Non-executive
Executive Directors
Charl de Villiers – Chief Executive Officer
Terri Ladbrooke – Chief Financial Officer
Cornél Lodewyks – Perishable Products Category Managing Executive
Charl de Villiers – CEO
Terri Ladbrooke – CFO
Cornel Lodewyks – Executive Director
Ntokozo Makomba – Company Secretary
Company Secretary
Ntokozo Makomba
Producer and distributor of quality products and brands for the consumer packaged goods industry in South Africa and internationally.
Independent non-executive director
Wendy has been a pioneer and a thought leader in respect of economic empowerment of women in South Africa for more than 30 years. She is a serial social entrepreneur in diverse sectors of the economy, including Smart BioTech. She has been passionate about human capital development and the mentorship of younger generations to realise their potential and fulfil their aspirations throughout her career.
Over the years, she has received four Honorary Doctorates for her transformative work with women, including from the Universities of Fort Hare and Stellenbosch. In 1993, Wendy pioneered the creation of WIPHOLD, South Africa’s first investment company aimed at inspiring women to drive their involvement in South Africa’s economy. In 2013, she founded Women Private Equity Fund, South Africa’s first venture capital company that invests in companies owned by women.
She has served as a non‑executive director and chairman on the boards of diverse industries for more than 30 years. Wendy currently serves as the chairman of Pepkor Holdings, as a non-executive director of Compagnie Financière Richemont SA, and as a board member of the Mzansi National Orchestra.
Lead independent non-executive director
JP is an independent analyst, focusing on trends in politics, economics, demographics and social capital. His experience as a top‑rated analyst in the listed environment gives him a good understanding of listed entities and relevant market forces.
JP has previously served on President Thabo Mbeki’s economic advisory panel and was a member of the National Planning Commission. With this in‑depth knowledge of the economy and market environment, he provides key input to the board and management. This is especially relevant to Libstar’s strategy that focuses on identifying market trends and implementing a strategy that can withstand economic cycles.
Independent non-executive director
Anneke is a chartered accountant. She served as a partner and director for 19 of her 28 years at Deloitte, where she held several leadership roles and served as a lead client services director on a number of key clients. Her diverse experience spans audit, risk and governance, finance, human capital, business management and leadership across a wide spectrum of industries.
She has extensive experience in assisting management in achieving their goals by mobilising the appropriate strategies and allocating the required resources in a prioritised manner. Her ability to find creative solutions, coupled with innovative thinking and a keen interest in the opportunities that future trends and technologies offer, are particularly valuable to Libstar in challenging existing paradigms.
Independent non-executive director
Sandeep is a seasoned investor and pioneer of private equity, with more than 26 years of investing and fund management experience in Africa. This experience ranges from venture capital and early‑stage investing to management buyouts and building of companies in sub‑Saharan Africa across several sectors.
His track record of investing in Africa through direct investment, investment committee membership and senior key leadership positions held at two leading emerging market fund management firms provide relevant experience to Libstar as an African group that continues to evaluate acquisitions that will ensure growth.
As a chartered management accountant in the United Kingdom, Sandeep’s understanding of the global markets to which Libstar exports allows him to provide critical input as a member of the investment committee.
Sibongile is a co‑founder and shareholder of Afropulse Group, a women‑led investment, corporate advisory and investor relations group. She is the CEO of Delta Property Fund Limited. She has served as a non-executive director of several JSE‑listed companies. She currently serves on the board of Botshilu Private Hospital and its related sub‑committees.
Her past directorship of the finance and grant committee of the Manufacturing, Engineering and Related Services Sector Education and Training Authority (merSETA) has provided her with particularly relevant knowledge to contribute to the Libstar board.
Chief executive officer
Charl has more than ten years’ experience at an executive level, which includes an extensive track record in corporate finance and as a senior executive of companies operating in the South African-listed environment.
He has a unique combination of legal and financial qualifications, which provides a breadth of technical competence, creative and strategic problem-solving and attention to detail.
Since joining Libstar in 2017, Charl has had broad exposure to the Group’s operations during its transition from a private company to a JSE-listed company. Charl was appointed as the CEO with effect from 1 January 2023.
Chief financial officer
Terri is a chartered accountant with more than ten years’ experience. She worked at Grant Thornton in South Africa before completing a secondment in Charlotte, North Carolina. She joined Libstar in 2015.
She has held various financial and leadership roles at the Group, including that of Group financial controller and internal audit manager at Libstar Operations, and management accountant and finance and operations executive at Rialto.
Terri has a deep understanding of the operating environment after almost nine years with the Group. Her experience at Rialto, one of Libstar’s key business units, is particularly relevant. She has a track record of successfully integrating functions across business units, as well as extensive knowledge of the reporting processes and systems implemented.
Executive director
Cornél is the managing executive of Lancewood, Libstar’s largest operating business unit. He brings over 20 years of FMCG experience and has played a vital role in the company’s exceptional success. Cornél joined Lancewood in 2011 as trade marketing manager and has since worked his way up the ranks, being promoted to managing executive in 2015.
He was appointed as an executive director of Libstar in January 2023.
As of January 2024, Cornél has taken on the role of the Perishable Products managing executive. In addition to his current responsibilities within Lancewood, his mandate is to strategically evaluate ways in which the category can develop integrated methods of working with its sales and marketing, operations, administrative and finance teams.