Molopo Energy Company Overview

Board of Directors

Baljit Johal

Chairman and Managing Director

Baljit Johal joined the Board In October 2017 and was appointed to Chair and MD in November 2017.  Baljit has over twenty-five years’ experience in finance, investment banking, corporate finance and private equity for various corporations including Nomura International, Nova Capital Management, Exxon and White Cloud Capital LLP.  Baljit has been finance director, financial controller, managed international portfolio’s, and formulated investment strategies and exits whilst building strong finance teams. Baljit has extensive experience in cash management and turnaround strategies, including having worked on several leading U.K. banks portfolio’s and private equity backed investments where growth opportunities were identified and invested in.  Baljit is an honours graduate in business from the University of North London (now the London Metropolitan University) and is a member of the Chartered Institute Management Accountants.

Samuel Belzberg

Non-executive Director

Mr. Belzberg joined the Board in July 2015 as the representative of Molopo’s substantial shareholder, Gibralt Capital Corporation. Mr Belzberg has extensive international experience in real estate and finance over 5 decades. He serves on various Boards, including Second City Capital Partners, Second City Capital Partners Fund I. L. P. and NYSE listed City Office Reit, Inc.

In 1989 Mr Belzberg was awarded the Order of Canada and in 2002 he was promoted to Officer of the Order of Canada. Mr. Belzberg holds a bachelor degree in commerce from the University of Alberta.


Matthew Cudmore

Independent Non-Executive Director

Matthew Cudmore is an Australian resident and his appointment satisfies the requirement of section 201A(2) Corporations Act that Molopo have at least two Australian resident directors. Matthew is appointed to the Board as an Independent Non-Executive Director. Matthew is a graduate of Durham University, achieving Honours in Economics. He has worked across multiple asset classes within the financial services industry in Sydney, specialising in foreign exchange markets and hedging solutions as a senior currency dealer. Matthew’s experience includes having worked for Bell Potter and World First Foreign Exchange.

Richard Matthews, CA

Independent Non-executive Director

Richard is a chartered accountant with extensive commercial and industry experience.  He was employed by KPMG NZ and following attaining his accounting certification, subsequently moving into commerce and industry where he gained extensive experience working with UK and internationally listed blue-chip companies the likes of NYK Shipping, Gate Gourmet, Babcock International and Electrolux Home Products Pty where he held senior financial posts.

In addition, Richard has gained valuable experience working in large multi-national private equity based businesses the likes of IDG, Vue International and Atlantis Healthcare, the latter where he was group financial controller.

Richard has extensive operational experience involved setting up and establishing a finance structure, implementing a finance system, establishing internal controls and governance protocols and building a finance team and relationships within the business.

Corporate Governance

The Board of Directors are committed to maintaining high standards of safety, performance and corporate governance for Molopo and the entities it controls. Good corporate governance underpin the company’s activities and ensure transparency, accountability, fair dealing and protecting the interests of stakeholders – including shareholders, personnel, suppliers and communities in which the company operates.

The following are the corporate governance charters policies and statements adopted by the company.