A highly respected figure in South African business community. Fred has broad experience in the global business environment with directorship at Remgro, Old Mutual Life Assurance Company SA (OMLACSA), AON SA (Pty) Ltd, AON Re (Pty) Ltd and Arabella. He is the Executive Director and co-founder of Brimstone and currently serves as Chairman of Lion of Africa Life Assurance, Lion Of Africa Insurance, Sea Harvest Holdings (Pty) Ltd and House of Monatic. Fred is also a Trustee of the Business Trust, an initiative focused on job creation and human capacity development.




Faizel joined Commlife Holding as the Group Financial Accountant in 2008 after completing his audit articles at Mazars. He continued in that role until 2013 at which point he was appointed to the board of Commlife Holdings as an Executive Director. Faizel holds directorship on several of the group’s subsidiaries including Lion of Africa Life Assurance Company as an Executive Director.


Non-Executive Director

Nisaar joined Brimstone Investment Corporation Limited in 1995 as a member of the Investment management team, which led the company to its JSE listing in 1998. Nisaar is a Managing Executive of Brimstone Investment Corporation Limited. He joined Commlife Holdings in 2002 when it acquired the APO Burial Society and joined the Board of Lion of Africa Life Assurance Company in 2007. He founded Lion of Africa Fund Managers in 2002. Nisaar is a Non-Executive Director of Commlife Holdings, serving on many of the group’s Boards and committees. He is a board member and member of the investment committee of the Masisizane Fund. He also serves on the boards of African Peoples Investment Company, Die Suidoosterfees and Smile 90.4FM. Nisaar serves as trustee of the Ilima Trust. He holds a BBusSc (Finance Honours) degree from the University of Cape Town and a MBA from the University of Stellenbosch.


Non-Executive Director

Lynn Witten joined Lion of Africa Life Assurance Company as Non-Executive Director in July 2010, bringing with her over 20 years’ experience in the Life Assurance industry. She has served Metropolitan Odyssey and Metropolitan’s Retail Executive Team in senior management roles and holds an MBA from the Graduate School of Business at the University of Cape Town. In 2007, Lynne launched her private management consultancy specialising in executive coaching.


Non-Executive Officer

Duzi joined the board of Lion of Africa Life Assurance Company in 2013. He also serves as executive director of M²IT Capital a private equity and investment holding company. He is the co-founder of Argon Asset Management where he previously served as Chief Investment Officer and executive director. Prior to that Duzi was portfolio manager at Real Africa Asset Management and also served as acting Chief Executive Officer. Duzi holds a BComm degree from Wits University and an Mphil from Stellenbosch University. He is also a CFA charterholder awarded by the CFA Institute.


Non-Executive Officer

Stanley Stubbs (Chartered Accountant) joined Brimstone Investment Corporation Ltd in 1998 and left as the Chief Financial Officer. He was the Group Financial Director at Lenco Holdings Ltd from 2002 to 2008. Stanley holds a Master in Business Administration from the University of Cape Town. He is currently consulting to Commlife Holdings (Pty) Ltd on a part time basis and serves on the boards of numerous companies including Mobile Industries Limited.



Non-Executive Director

Mikhail joined the board of Lion of Africa Life Assurance Company in June 2018. He has served Lion Life in different management roles since 2006 and holds a BComm degree and MBA from University of Cape Town. He is also the Executive Director of Lion Sports Management.