Mark Gounder

The overall purpose of my role is to drive delivery of Illovo’s required finance performance and management of a shared service center while providing a strong governance and control framework. Besides continuous focus on profitability of the multiple business segments, there is greater emphasis on generating positive free cash flow and reducing debt levels for the Illovo business. Responsible for developing, directing and implementing Illovo’s business strategy with a view to the long-term growth, development and sustainability of Illovo as guided by the Board of Directors and shareholders. In this role I have iInitiated bi-monthly cost review meetings at each of the Illovo Sugar South Africa operation to embed a cost focus culture and allow local management to take responsibility for their costs, explain risks and opportunities identified while achieving our executive strategy of reducing our cost base; as well as improved control environment by creating forum to share best practices and initiated monthly compliance meetings at all SA operations to create focus on adherance to controls and procedures. In recent years, I have been successful in developing, motivating and guiding my finance teams to achieve their full potential. Being awarded the Best Illovo Financial Management award at the 2016 and 2019 Leadership Conference was recognition of our financial team's achievements. This was awarded for the most accurate forecasting, strong financial controls, continuously meeting deadlines and excellent cost containment.

Reporting to the the Group General Manager – Financial management, in this senior manager position I facilitated strategic change within the finance management reporting for the Illovo Sugar Group. I was successful in designing and implementing the following: • monthly executive OPCO report by country identifying key performance indicators and drivers that influenced the financial performance of the business • new forecasting software package (TM1) to Illovo Group • integration of forecasting software into ERP package (Tranquility) • enhanced bi-annual Illovo Executive presentation to analysts

In 2009, I was promoted to Finance Manager – SA Operations and reporting to the Finance Director (Illovo Sugar South Africa Ltd) being responsible for consolidated finance reporting to Illovo Group, annual and interim financial statements, taxation and management of financial risk. This position allowed me the opportunity to work closely with General Managers and Administration Managers within the Illovo Sugar South Africa operations’ entities and liaise extensively with the Corporate Finance Division. I was responsible for developing Standardised Management Accounting reporting in the SA operations; as well as successfully rolled out Cognos controller consolidation software in the SA operations.