About
Governance
Mondi Zimele operates under a board of directors composed of both executive and independent non-executive directors. The business complies with the highest standards of corporate governance consistent with the Mondi Code of Business Ethics. Mondi Zimele is audited by an independent external firm on an annual basis.
The Mondi Zimele Board of Directors appoints an investment committee to review all funding applications and to make recommendations for approval.
Mondi Zimele Governance Structure
Mondi Zimele operates under a board of directors composed of both executive and independent non-executive directors. The business complies with the highest standards of corporate governance consistent with the Mondi Code of Business Ethics. Mondi Zimele is audited by an independent external firm on an annual basis.
The Mondi Zimele Board of Directors appoints an investment committee to review all funding applications and to make recommendations for approval.
Board of Directors
Investment Committee
Mondi Zimele Team
- The Investment Committee shall evaluate investments that meet the following criteria:
- Investee companies must be in Mondi’s value chain (input or output) and/or be located in Mondi’s surrounding communities;
- Preference will be given to South African companies with at least a BBBEE contributor level of 3 and or with at least 50.1 % black ownership when investing;
- The owners of the investee company shall be involved in the management and operations of the investee company;
- The owners of the investee company must contribute to the investee company from their own resources to ensure commitment and risk-sharing;
- Investee companies shall comply with all the necessary SHE and legal requirements.
- Opportunity identification.
- Business case development.
- Roll out approved investments.
- Investee management support.
- Ongoing mentorship and business development.
- Governance and controls.
Mondi Zimele Governance Structure
The Mondi Zimele Board of Directors appoints an investment committee to review all funding applications and to make recommendations for approval.
Board of Directors
Investment Committee
- The Investment Committee shall evaluate investments that meet the following criteria:
- Investee companies must be in Mondi’s value chain (input or output) and/or be located in Mondi’s surrounding communities;
- Preference will be given to South African companies with at least a BBBEE contributor level of 3 and or with at least 50.1 % black ownership when investing;
- The owners of the investee company shall be involved in the management and operations of the investee company;
- The owners of the investee company must contribute to the investee company from their own resources to ensure commitment and risk-sharing;
- Investee companies shall comply with all the necessary SHE and legal requirements.
Mondi Zimele Team
- Opportunity identification.
- Business case development.
- Roll out approved investments.
- Investee management support.
- Ongoing mentorship and business development.
- Governance and controls.