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Reuel Khoza has been a non-executive director of Old Mutual "since January 2006 and Chairman of the Nedbank Group since May 2006. He is Chairman of AKA Capital, which is 25% owned by Old Mutual (South Africa) and the single largest participant in Nedbank's Corporate Client Scheme, established as part of its BEE ownership arrangements. He is also a non-executive director of Nampak, Protea Hospitality Holdings Limited and Corobrik (Pty) Limited. His previous appointments include Chairmanship of Eskom and non-executive directorships of Glaxo Wellcome SA, IBM SA, Vodacom, the JSE, JCI, Standard Bank Group and Liberty Life."