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OUR BOARD

Risk Benefits Investments Holdings comprise the key stakeholders of the business
who all play an active role in the strategy and execution of the business.




BOARD OF DIRECTORS


Founder and CEO
Michael Petersen


MICHAEL PETERSEN

RBIH Board Member

Michael is the acting Chief Executive Officer of RBS and a board member of Risk
Benefit Investment Holdings.

He has over 20 years of insurance broking, risk, managerial and strategic
experience as a member of numerous board committees and subcommittees.

He has further industry experience within M&A, finance sales and marketing and
credited with growing RBS into one of the largest independent brokers in South
Africa.

His leadership role in a highly regulated industry has helped develop a deep
understanding of governance, risk and compliance at both board and management
level.

ISAAC SHONGWE
RBIH Chairperson


ISAAC SHONGWE

RBIH Chairperson

Isaac is the founder and Chairman of Letsema Holdings (Letsema) and the
Chairperson of Risk Benefit Investment Holdings. Isaac completed his university
education at Wesleyan University in the United States.

Isaac became the second black South African to be awarded a Rhodes Scholarship
in 1989 completing his MPhil, Management Studies, at Oxford University. Isaac
joined Monitor Consulting in 1993, founded Letsema in 1996, was previously the
CEO of Barloworld Logistics (Pty) Ltd and both an executive director and
non-executive director of Barloworld Limited.

An exceptional communicator, manager and business professional, Isaac is
passionate about business being a catalyst for social change establishing both
the Africa Leadership Initiative (ALI) in 2003 and the ALI Young Leaders
Programme in 2013 focussing on values-based leadership, both of which now has a
strong footprint of influential, values-based leaders across Africa. Isaac is
also Chairperson of the Wits University Council.

DEREK THOMAS
RBIH Board Member


DEREK THOMAS

RBIH Board Member

Derek is the CEO of Letsema and a board member of Risk Benefit Investment
Holdings.

From a teaching family, Derek was infused with a passion for learning that led
him to the University of the Witwatersrand and the University of London where he
completed MSc, Economics.

Derek is an experienced manager, consultant, strategist, business leader and has
served on multiple boards as a director and chairman, including two publicly
listed companies, namely Transpaco Limited and Emira Limited.

An innately curious person with a deep love for learning, Derek strives to lead
Letsema with integrity and a long-term pursuit of excellence. Derek is a Fellow
of the Fourth Class of the Africa Leadership Initiative and a moderator
the Aspen Global Leadership Network, the African Leadership Initiative, and the
ALI Young Leaders Programme.


CONTACT

Cape Town
Johannesburg
Port Elizabeth

Head office : +27 21 443 4400
info@rbs.co.za


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RBS is an authorised financial services provider FSP 4903
@ Copyright 2022 RBS Insurance Brokers

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