PRESS RELEASE: 23/08/2013 PROGRESSIVE PROFESSIONALS FORUM MOURNS THE DEATH OF A DOYEN OF BLACK ECONOMIC EMPOWERMENT It is with great

sadness and regret that the Progressive Professionals Forum (PPF) mourns the death of a doyen of Black Economic Empowerment in South Africa. Lot Ndlovu or Bra Lot as he was affectionately called spent over thirty years within the business and corporate environment. He has over the last sixteen years, been associated with Nedbank Group where he occupied both executive and non-executive roles. His ten years as an executive in the Nedbank Group included the position of Group Human Resources Director and Chief Executive Officer of Peoples Bank and Vice Chairperson. He has served on the Board of New African Investments Limited (NAIL). Otis Elevator, Ingwe Coal, CAN Gallo, Lafarge, Mutual and Federal and Transformation and Sustainability, Remuneration and Nominations and Audit. Ndlovu served on the Board of Sandown Motors Holdings and as Chairman of both NestLife Assurance and the South African National Roads Agency. Bra Lot is regarded as a doyen of the Black Economic Empowerment movement in South Africa. He is best remembered for his role as President of the Black Management Forum. During his tenure at the BMF, Bra Lot mentored many young managers many of whom currently occupy senior positions in the public sector and private sector Says Jimmy Manyi, President of the PPF “It must have been around 1 988 and I remember very well I was driving in a bakkie on my exploration geology work in Carletonville area. I heard Lot Ndlovu on the radio talking about the paucity of black managers in the work place and the lack of opportunities available to them. He made an impassioned but unapologetic plea for change. Needless to say everything Lot said rung true with my own situation in the Mining industry. That defined my relationship with Bra Lot, a fighter for emancipation of the oppressed black professionals.”

He has received numerous awards for his Leadership in the area of transformation. Ndlovu studied Business Management at local and overseas institutions; Wits and Harvard. He holds an honorary doctorate from Tshwane University of Technology (TUT). Bra Lot has left a legacy and the best way we can remember him is to continue with his noble work. The PPF calls on all professionals to emulate the ideals, dedication and selfless nature of Bra Lot and to contribute positively towards building our country, its people and its economy. Our thoughts and prayers are with his family and we thank them deeply for sharing their father with us and with South Africa. Issued by the Progressive Professionals Forum For enquiries: Siphile Buthelezi Secretary General Progressive Professionals Forum E: Siphile.buthelezi@ppfsa.org.za M: +27 83 711 3543

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