- 12 Board members
- 5 Board committees
- 6 Board meetings in F2025
- 21 Committee meetings in F2025
Ethical and effective leadership
Bidcorp's governance framework is founded on the principles of the King Code on Corporate Governance. The group complies with the JSE Listings Requirements and the Companies Act, No 71 of 2008, (as amended). The board sets the tone at the top, providing purpose-driven leadership while upholding the highest standards of integrity, accountability and transparency across all 31 countries in which the group operates.
Download 2026 ESG report – PrinciplesThe board is supported by five committees that oversee specific areas of governance, each chaired by an independent non-executive director. The committees met on 21 occasions during F2025, providing structured, expert oversight across audit and risk, remuneration, acquisitions, nominations, and environmental, social and ethics matters.
The governance report, published separately from the annual integrated report, outlines a four-pillar framework covering governance, risk management, compliance and assurance. The report also details Bidcorp’s board and committee composition, governance framework, ethics and conduct, and remuneration.
Five committees, 21 meetings
Each committee is chaired by an independent non-executive director and reports to the full board. Bidcorp's 12-member board brings together deep expertise in foodservice, finance, governance and international markets.
-
Nominations committee
Chaired by Stephen Koseff
Board refreshment, succession planning and director appointments.
Download Nominations Committee charter- Brian Joffe
- Nigel Payne
- Paul Baloyi
-
Remuneration committee
Chaired by Nigel Payne
Executive remuneration policy, short and long term incentive outcomes.
Download Remuneration Committee charter- Paul Baloyi
- Clifford Rosenberg
-
Acquisitions committee
Chaired by Paul Baloyi
Oversight of acquisition strategy, due diligence and post-acquisition integration.
Download Acquisitions Committee charter- Bernard Berson
- David Cleasby
- Brian Joffe
- Nigel Payne
- Clifford Rosenberg
-
Audit and risk committee
Chaired by Helen Wiseman
Financial reporting integrity, external audit oversight and risk management.
Download Audit and Risk Committee charter- Tasneem Abdool-Samad
- Paul Baloyi
- Nigel Payne
- Keneilwe Moloko
- Trevor Brown
- Katherine Ostin
-
Environmental, social, and ethics committee
Chaired by Tasneem Abdool-Samad
ESG performance, ethics, social impact and sustainability governance.
Download Environmental, Social and Ethics Committee charter- Nigel Payne
- Bernard Berson
- Helen Wiseman
- Keneilwe Moloko
"We are a values-driven organisation, one that not only complies with the laws and regulations of whichever geography we are operating in, but that conducts itself ethically while striving to always be a good citizen."
Stephen Koseff, chairman
Further reading
Governance report 2026
Board composition, key matters considered, and ethics and conduct – included in the 2026 ESG report.
Remuneration report 2026
Remuneration policy, STI and LTI outcomes, and pay-for-performance alignment – included in the 2026 ESG report.
ESG governance
How sustainability governance integrates with board oversight across environmental, social and ethics matters.
Charters and policies
Board-approved governance policies, charters and frameworks covering ethics, risk, remuneration and board conduct.