Non-executive Director and Chairman
Mr Makhaza hails from the South African Police Service where he served as Colonel since 1983.
In 1996 he was elected president of POPCRU and has since grown the organization from a mere 26,000 to over 160,000 members.
Mr Makhaza has a Bachelor of Technology Honours Degree in Policing and is currently completing his Master’s Degree at UNISA.
In 2007 he also obtained his Masters in Business Administration (MBA) from a business school in the Netherlands.
Mr Dipela has Bachelor of Commerce Degree in accounting from the University of the North and a Chartered Institute of Management Accounting (CIMA) certificate (1999).
He also serves as director of:
- Shishangeni Lodge (Pty) Ltd;
- WorkersLife Insurance (Pty) Ltd;
- Workerslife Assurance (Pty) Ltd;
- WorkersLife Direct (Pty) Ltd; and
- Riskcon Security Holding (Pty) Ltd.
Mr Dipela also has shareholding interests in African Driveline Services (Pty) Ltd trading as Gearmax; and Blue Diamond Boutique Hotel (Pty) Ltd.
Non-executive Director, REMCO Chairman
Non-executive Director, Chairperson of the Audit & Risk Committee
Non-executive Director; Audit and Risk and Remuneration, Nominations & Governance Committee Member
Chief Executive Officer, Executive Director
Stephan Nothnagel is a qualified CA(SA)(University of Pretoria) and ia a practicing member of the South African Institute of Chartered Accountants. He is an accomplished South African businessman with significant experience in the petroleum industry. Before joining Royale Energy in 2006, Stephan worked at Engen where he was responsible for business planning and analysis management of a number of profitable business units within the company. After Engen he was appointed as the Financial Director of Afric Oil Petroleum where he instilled robust structures and took responsibility for establishing many profitable business units throughout the company. Since assuming the leadership role in Royale Energy, the company has grown significantly and remains on an upward growth trajectory despite challenging market conditions.
Henk de Jager
Chief Financial Officer, Executive Director
Henk holds a degree in Accounting, completed Articles with audit firm Bentley & Partners, is a Chartered UK company Secretary & Administrator and has an MBA from Gordon Institute of Business Science in Johannesburg. Henk also completed a post graduate diploma as Non-Executive Director through Sunday Times in London and most recently he obtained a FinTech certificate from the Said Business School at Oxford. For the past twenty-five years Henk has worked in financial services (Insurance, Banking and Micro finance) with various companies in Africa and in the Middle East. He joins Royale Energy from Emirates Insurance Company, a listed short-term insurance company in Abu Dhabi, where he was the Head of Finance & Administration. He has been the CFO of Bank Gaborone, Botswana, GM for a foreign exchange risk management company in Johannesburg and Finance Director for Lesaka Employee Benefits. Henk is also a practising member of South African Institute of Professional Accountants.