Business Report

ACSA's new board members set to drive R21 billion airport upgrade initiative

Se-Anne Rall|Published
ACSA has announced the appointment of its Board of Directors

ACSA has announced the appointment of its Board of Directors

Image: Supplied/IOL Graphics

Airports Company South Africa (ACSA) has appointed eight new board members as the state-owned airport operator pushes ahead with its R21 billion airport upgrade and innovation programme aimed at improving connectivity, passenger experience and operational resilience.

The newly inducted board members are chairperson Irvin Phenyane, Xoliswa Daku, Keitumetse Mahlangu, Surendra Sooklal, Roy Mnisi and Theunis Chamberlain. Kurt Parker and Ulandi Exner are set to officially join the board in August. 

ACSA said the appointments come at a critical time as the company accelerates infrastructure investment across its airport network.

Phenyane brings more than 20 years of aviation experience, including previous roles as a non-executive director at ACSA and the Transport Education and Training Authority (TETA). He also serves as chairperson of the Drone Council South Africa.

Daku, founder and CEO of DAKU Pty Ltd, has nearly three decades of legal and governance experience and has previously chaired SEDFA and the University of the Western Cape.

Mahlangu is an admitted attorney with more than 20 years of experience in governance, investigations and transport regulation. She has served on several public sector boards and audit committees.

Former MTN Group chief business risk officer Surendra Sooklal joins the board with more than 35 years of expertise in risk management, auditing and governance. He previously chaired the audit and risk committee of the South African Civil Aviation Authority.

Mnisi, currently CEO of Master Builders South Africa, brings experience in legal compliance, governance and strategic leadership within the construction industry.

Chamberlain has spent more than 28 years in aviation engineering and ICT leadership, including roles at O. R. Tambo International Airport and various airport projects across the SADC region.

Parker, who joins in August, has more than 26 years of experience in procurement, supply chain management and operations strategy, while Exner is a seasoned ICT executive and former chairperson of the Africa ICT Alliance.

The appointments follow a strong financial year for ACSA. For the year ended 31 March 2025, the company reported a record net profit of R1.1 billion, more than double the R472 million recorded in 2023/24.

ACSA also approved the payment of R198 million in accrued preference share dividends and declared R113 million in ordinary share dividends for the 2024/25 financial year.

The board now consists of 12 members, with ACSA saying the mix of aviation, governance, technology and infrastructure expertise will help drive sustainable growth and strengthen the company’s long-term strategy.

IOL