CFO Profile: Mark Kathan | AECI

Mark Kathan | Chief Financial Officer | AECI

Mark Kathan - current Chief Financial Officer and Financial Director of AECI - has gained a lot of experience in a broad spectrum of finance and business disciplines. Prior to his current job, Mr. Kathan has served as the Finance Director of Africa for Nampak Ltd. He also worked as a Senior Finance Director and a member of the executive team at a JSE Limited-Listed global packaching company.

Kathan has a strong focus on the importance of good communication. He says to have hand picked most of those in his team. Being a strong visionary, he always works backwards from an end point he wants to reach. He tries to bring his people along with him. "Loyalty, integrity, it is all about happiness. It all comes back to responsibility." For his work as the CFO of AECI, which started in September 2008, he received a nomination for the CFO Awards in both 2015 and 2016.


Nationality:
South African
CFO Since: September 2008

Career:

  • September 2008 - Present: CFO - AECI LTD
  • January 1997 - February 2008: Financial Director - South Africa and Africa- Nampak Ltd

Education:

  • Harvard Business School - Advanced Management Program
  • University of South Africa/Universiteit van Suid-Afrika - B.Compt Hons,
  • Acccounting
  • SAICA - CA(SA)


Additional Information:
Mr. K. Mark Kathan, CA(SA), AMP has been the Chief Financial Officer and Financial Director of AECI Ltd., since September 2008. Mr. Kathan served as Finance Director of Africa of Nampak Ltd. Prior to AECI, he worked for 11 years at a JSE Limited-Listed global packaging company where he held senior finance position and was a member of its executive team. He has experience in a broad spectrum of finance and business disciplines in South Africa and the rest of Africa. He serves as an Executive Director of AECI Ltd. He serves as a Director of Chemical Services Ltd.


AECI

Employees: 6279 (2013)
Listed: JSE
Sector: Materials
Industry: Chemicals


Activities:
AECI Limited operates as an explosives and specialty chemicals company in South Africa and internationally. It operates through Explosives, Specialty Chemicals, and Property segments. The Explosives segment develops, produces, and supplies commercial explosives, initiating systems, and blasting services for the mining, quarrying, and construction sectors. The Specialty Chemicals segment offers specialty chemical raw materials and value-adding services to the cosmetics, toiletry, and detergent industries; traded and blended specialty chemicals; sulphur-based products, and technical and project management services; and chemical products to the pulp, paper, board and tissue, and leather treatment industries. It also provides resins and associated products; PVC heat stabilizers, plasticizers, and additives; silicone polymers, as well as various chemicals for industrial applications; specialty and commodity chemicals for food, paints and coatings, pharmaceutical and personal care, mining and water treatment, surfactants, and general industries; chemical process, water treatment, water optimization and total water management, and hygiene and sanitation process solutions; fatty acids, and rosin and rosin derivatives; food ingredients and value-added blends; and surfactants. In addition, this segment offers agricultural chemicals; specialised and generic products; insecticides, fungicides, herbicides, adjuvants, and plant nutritional products to the agrochemical industry; technical fibers; and a range of chemicals used in the beneficiation of minerals. The Property segment manages an area of 450 hectares of land for redevelopment in Somerset West, as well as is involved in leasing activities. AECI Limited is based in Sandton, South Africa.

Financial Results (Rm)

2011

2012

2013

2014

Total Revenue

Total Revenue

Total Revenue

Total Revenue

13397

13827

15942

16903

2011

2012

2013

2104

Net Income

Net Income

Net Income

Net Income

838

638

954

1109