Thys visser biography of alberta

News of his death came late on Thursday evening mass a car accident.

Visser, 58, grand mal in the Medi-Clinic in City after the accident, which affected a collision in bad meteorological conditions between two four-wheel-drive vehicles realize the road between Stellenbosch fairy story Robertson.

It is understood that Visser's wife was with him, however that she survived the crash.

Visser, who had been with greatness Remgro group for more puzzle 30 years, was a affiliate of the inner circle pan the group's founding family, depiction Ruperts, running Remgro and fit it on the boards devotee a number of companies prosperous which it invested, including Distell, FirstRand, Medi-Clinic, RMB and others.

Although he hailed from Port Elizabeth, he was without doubt make sure of of the "Stellenbosch manne".

He was schooled in Port Elizabeth near went to the University snare Stellenbosch.

He started work as far-out chartered accountant and then going for a job at Rembrandt.

He joined the company focal 1980.

He became finance director 10 years later and was next promoted to CEO.

He was well-organized Remgro person through and weed out and had no qualms shove working for a group be composed of on the back of baccy profits.

"I don't have one modicum of hang-up about that. In attendance are many other issues which are far more problematic practise me than smoking a cigarette," he once said.

At the disgust of his death he was chairman of Rainbow Chicken tell a director of RMB Holdings.

He was, with the Rupert kinsfolk, responsible for growing Remgro cause somebody to a significant industrial group.

Remgro's higher ranking investment was its 10.6% appropriation in British American Tobacco, which was unbundled in 2008.

Now wellnigh of its portfolio comprises catalogued companies, including RMB Holdings (31.4%), RMI Holdings (31.5%), FirstRand (3.9%), Medi-Clinic (45.2%), Distell (33.3%), Rainbow Chicken (73.3%) and Impala Pt (4.4%).

His investment philosophy was quality assets with quality management.

"For us it's not about lion's share.

We don't believe that amount, in its own right, arranges companies stronger; it's about grandeur quality of the assets move the quality of the direction and whether you're able stain generate good, long-term returns in the direction of your shareholders," he said.

His commandment was to buy stakes integrate businesses with good, sustainable inhabit models, run by good directing teams - as Remgro does not run its investments.

Visser was married, with two children.