Default Banner Title

Executive Commitee

Guy Hayward (53)


Chief Executive Officer and a member of the Risk and Social and Ethics Committees

Employee since 2000

Appointed 15 May 2001

Guy graduated from the University of Cape Town in 1986 and, after serving articles with Deloitte Haskins & Sells, qualified as a Chartered Accountant in 1989. During the 1990s he held financial roles at Malbak and CNA Gallo in South Africa and at Goldman Sachs in London. He joined Massmart as Group Financial Executive in 2000, was appointed Chief Financial Officer in 2001 and Chief Operating Officer in May 2012, before becoming Chief Executive Officer in June 2014. Guy is also chairman of the Hilton College Endowment Foundation.

Mohammed Abdool-Samad (48)

BCom (UKZN), CA (SA)

Massmart Chief Financial Officer and a member of the Audit, Risk, and Social and Ethics Committees

Prior to joining Massmart, Mohammed was Group Finance Director at Illovo Sugar, Africa since 2011. Before Illovo Sugar, he spent a decade in various executive finance roles within Anglo American plc. Mohammed is a qualified CA (SA) and has a BCom from the University of KwaZulu-Natal.

Mohammed joined the Massmart Executive Committee as Chief Financial Officer on 1 August 2019.

Jane Bruyns (58)

Henley Management College – MBA, Business; Diploma in Management, Business, attends the Social and Ethics Committee by invitation.

Group Human Capital Executive, Chairperson of the HR Forum and member of the Social and Ethics Committee

Prior to joining Massmart, Jane worked for Masscash as HR Director from February 2006 until April 2015. Jane has 22 years’ experience as an HR Generalist in the Wholesale and Retail industry ranging from Recruitment, Learning & Development, Union Negotiations, Performance & Development Management, Corporate Social Responsibility and Ethics. Jane’s specialities include Coaching and Leadership Development and Organisational Ethics.
Whilst at Henley Jane was awarded the prize for outstanding academic achievement for leadership effectiveness and the prize for outstanding academic achievement for managing people.

Jane joined the Massmart Executive Committee in May 2015.

Louise Lackay-Walters (36)

BCom (Law), LLB (University of Stellenbosch)

Group Chief Ethics & Compliance Officer

Louise Lackay-Walters joined Massmart in January 2019 from Total South Africa, a subsidiary of the France-based multinational Total Group. At Total, she spent nine years in the legal, risk and compliance function and was first Regulatory Compliance & Senior Legal Advisor and later Ethics, Compliance and Risk Manager. Louise is an admitted Attorney and holds a BCom (Law) degree and LLB degree from Stellenbosch University.

Louise was appointed Massmart Chief Ethics and Compliance Officer and joined the Massmart Executive Committee in June 2019.

Richard Inskip (56)

BCom (UPE)

Group Supply Chain and Logistics Executive

After graduating Richard worked for a number of companies during the 1980’s, including Edgars and SPL. Richard joined Woolworths in 1991. He was appointed to the board in 1998 and retired as the Director Operations and Financial Services (Group COO) in 2008 having served on the Holding company and multiple subsidiary boards. Richard served as the Chairman of the Wooltru Healthcare fund for 6 years as well as a trustee of the Pension fund. During this period he was a founding member of the Executive Committee of the Consumer Goods Council of SA and served on the external boards of Netactive and Business Recovery Services and attended a Strategic Management course at Harvard. After retiring from Woolworths, Richard spent some time developing and operating a game and hospitality ranch. He then co-founded Cafeine Retail Consulting which serves most of the large South African retail companies, as well as co-founding a food manufacturing company, Food by Staple. Richard served as a retail advisor to 8 Miles plc (pan African private equity fund) and served on the AVI board until he joined Massmart in January 2017.

Doug Jones (46)


Divisional Chief Executive of Masswarehouse, Chairman of the Food Forum and Chairman of Massmart Corporate University's School of Management Development

After qualifying as a Chartered Accountant in 1998 Doug moved to Toronto, Canada with Deloitte.  After spending a year with MarketLink Enterprises, an eCommerce consultancy, he joined Coca-Cola Enterprises in Toronto for a number of years before returning to South Africa to join ABI (The Soft Drink Division of SAB Limited).  Doug joined Makro as Finance Director in 2007 and became Commercial Director in 2010. Doug was appointed Divisional Managing Director in September 2012, and joined the Massmart Executive Committee at the same time. He was appointed as Divisional CEO in April 2014, and was Chairman of the Massmart Pension and Provident Funds from 2009 until 2015.

Brian Leroni (54)

BA (Wits), MPhil (Stellenbosch)

Group Corporate Affairs Executive, attends the Social and Ethics Committee by invitation.

Brian’s work experience includes executive positions at Masstores Proprietary Limited, an associate partner at Andersen Consulting (now Accenture) and Marketing Director at CNA. He joined Massmart as Group Projects Executive in September 2004 and was appointed Group Corporate Affairs Executive in September 2005. Brian joined the Massmart Executive Committee in July 2007.

Joe Ralebepa

Joe Ralebepa (47)

BA, LLB, H.DIP (Company Law) (Wits), PGD (Commercial IP) (Nottingham Trent (UK)

Group General Counsel and Company Secretary and member of the Risk Committee, attends the Social and Ethics Committee by invitation.

Joe began his career in law at Werksmans Attorneys as an article clerk after graduating from Wits University. After practicing as a commercial attorney at Werksmans for a short while, he moved on to join the Southern & East Africa Division of The Coca-Cola Company in South Africa.
Joe’s career at The Coca-Cola Company (TCCC) spanned well over a decade, during which time he held various senior legal and corporate counsel roles including Group Intellectual Property Counsel, based in the UK. Joe joins the Massmart Group from British American Tobacco South Africa where he held the role of General Counsel and Head of Legal & External Affairs, and was a member of the Area Leadership Team and Board for their Southern Africa business.

Joe joined the Massmart Executive Committee in 2016.

Llewellyn Steeneveldt (50)

BSc Eng (Phys Met), GDE (Industrial), MBA

Group Commercial Executive, Chairman of the Real Estate Committee and Chairman of the TIP and Operations Forums

Llewellyn graduated from the University of the Witwatersrand in 1991 as a Physical Metallurgist. After seven years with Tongaat-Hulett group and three years with the Industrial Development Corporation, Llewellyn joined Massmart as Business Analyst in 2002. He has since held various positions within the Group, including Executive Assistant to the CEO and Managing Director of Builders Express. Llewellyn was appointed Group Commercial Executive and joined the Massmart Executive Committee in July 2009.

Andrew Stein (38)

B.Bus.Sci (Actuarial Science), MBA (NYU)

Interim Chief Executive Office, Massdiscounters

Andrew graduated from the University of Cape Town with a degree in Actuarial Science in 2002 and from New York University with an MBA in 2007. After spending 7 years at McKinsey & Company serving clients across a broad range of industries and functional areas, Andrew joined Massmart as Executive Assistant to the CEO of Cambridge Food. He has since held the positions of Marketing Director of Cambridge Food and Marketing & eCommerce Director of Makro.

Andrew was appointed to the position of Interim CEO Massdiscounters and joined the Massmart Executive Committee in July 2019.


Deepa Sita (42)

MBA - cum laude (GIBS), CA (SA)

Interim Chief Executive Officer of Masscash

Deepa joined Massmart in September 2016, as Makro Financial Director, before being appointed as Makro Finance and Commercial Director. Prior to joining Massmart, Deepa did her articles at Deloitte and held top management positions at Mondelez International (Finance Director) and National Brands (Finance & Procurement Director, Entyce Beverages).

She is a qualified CA (SA) and has an MBA (cum laude) from the Gordon Institute of Business Science (GIBS).

Deepa was appointed as Masscash Interim CEO and joined the Massmart Executive Committee on 1 August 2019

Llewellyn Walters (55)

BA, LLB (Wits)

Divisional Chief Executive of Massbuild and Chairman of the Africa and Supply Chain Forums

Llewellyn spent thirteen years in the banking industry where he held senior positions in a number of specialist financial institutions before joining ABSA. In June 2003, Llewellyn joined Super Group, a JSE-listed supply chain and logistics company where his last position was Divisional MD responsible for the group’s African operations. He joined Massmart in November 2008 as Divisional Chief Executive for Builders Warehouse, later becoming responsible for the whole division, and was appointed to the Massmart Executive Committee upon joining.

Varsha Dayaram (42)


Group Financial Services Executive

Varsha joined Massmart in March 2018 as Group Financial Services: Finance Executive. She has 18 years of Financial Services experience and has been instrumental in the growth of financial services in Massmart. Prior to this, Varsha held various leadership roles within the Corporate and Investment Banking team at Standard Bank, including Transactional Product Services: South African Sales Head – Strategic Segment; Leveraged Finance; and Coverage: Unit Head. She also spent four years at Alexander Forbes as Executive Head: Business Development. Varsha qualified as a CA(SA) in 2002 and completed the International Executive Development Programme via GIBS and the University of Rotterdam in 2009.

Varsha was appointed Group Financial Services Executive and joined the Massmart Executive Committee on 1 August 2019.

go to top