Welcome to Efora Energy Limited

Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE.

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Board of Directors

The Board endorses a professional and robust approach to governance within the Group which reinforces its commitment to best practices.

Boas Seruwe

Boas Seruwe (52)

Non-executive Chairman
Appointed 1 April 2017
Chairman of the Nominations Committee, member of the Social, Ethics, and Remuneration Committee

Mr Seruwe holds B.Com (Accounting) and MBA degrees and is the executive chairman of AFGRI Poultry, the non-executive chairman of LA Crushers and holds non-executive directorships at Bophelo Insurance Group and Nzalo Short-term Insurance. He was also a member of the board of the Unemployment Insurance Fund (“UIF”) and the chairman of the Investment and Financial Advisory Committees of the UIF. Mr Seruwe has held senior appointments at the National Treasury, Department of Public Works and PricewaterhouseCoopers and is a former commissioner of the UIF.

Ignatius Simon Sehoole

Ignatius Sehoole (58)

Independent Non-executive Director
Appointed 12 July 2013
Chairman of the Audit and Risk Committee, Chairman of the Investment Committee and member of the Social, Ethics and Remuneration Committee

Mr Sehoole is a chartered accountant by profession. He serves on the Specialist Committee on Company Law. Previously he was a member of the King Committee on Corporate Governance, the president of the South African Institute of Chartered Accountants and the chairman of the Audit Committee of the National Treasury.

Thuto Masasa

Thuto Masasa (39)

Independent Non-executive Director
Appointed: 1 April 2017
Member of the Nominations Committee, Investment Committee and Audit and Risk Committee

Ms Masasa is a chartered accountant with extensive experience established over approximately 15 years working in commerce, assurance and corporate advisory services in South Africa and London. More recently she was a partner at Nkonki Incorporated where she was the Head of External Audit Services. Ms Masasa received an International Service Line Development Award at the 2015 Kreston World conference in Rio for driving the adoption of integrated reporting and a Young Accountant of the Year Award in 2016 at the London International Accounting Bulletin (“IAB”) and The Accountant (“TA”) Awards. She also holds non-executive directorships at General Electric’s Londolovota Trust, the Mpumalanga Economic Growth Agency and is a National Council and Finance Committee member of the South African Institute of International Affairs.

Patrick Mngconkola

Patrick Mngconkola (56)

Independent Non-executive Director
Appointed 1 April 2017
Chairman of the Social, Ethics and Remuneration Committee, member of the Investment Committee, Audit and Risk Committee and Nominations Committee

Mr Mngconkola holds B.Tech (Business Administration) and Human Resources Management degrees and served the South African Government with dignity and pride for 30 years in the South African Police Service. He served on the board of the Public Investment Corporation SOC Limited where he was a member of the Investment, Audit and Risk, and Directors’ Affairs Committees and chairman of the Human Resources and Remuneration Committee. Mr Mngconkola is also a member of the boards of the V&A Waterfront, Growth Point Properties Limited, Harith General Partners, and Premier Finishing and Food Brands.

Dr Thabo Kgogo

Dr Thabo Kgogo (42)

Chief Executive Officer
Appointed 1 June 2014

Dr Kgogo has worked in the oil and gas industry for the past 15 years. He joined Efora from PetroSA where he held the positions of Vice President: Operations and Acting Chief Operating Officer. Dr Kgogo was responsible for PetroSA’s integrated operations, which included offshore production wells and platforms, Gas-to- Liquid (“GTL”) refinery, and shipping and aviation services. Dr Kgogo holds a B.Sc degree in Chemical Engineering from the University of Cape Town, a M.Sc degree in Petroleum Engineering from the University of London and a Ph.D degree in Petroleum Engineering from Imperial College London.

Damain Matroos

Damain Matroos (47)

Chief Financial Officer
Appointed 1 February 2015

Mr Matroos has over 20 years’ experience in corporate finance both in the United Kingdom and more recently in South Africa. He joined Efora from Sasol where he held the position of Vice President: Corporate Finance, responsible for mergers and acquisitions, and specialised funding for the Sasol Group. He played a significant corporate finance role on a number of Sasol’s major capital projects, including its mining, GTL refinery and upstream activities. He holds a B.Com (Accounting) degree and Post Graduate Diploma in Accounting from the University of Cape Town and is a chartered accountant.


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