Senior Vice President Governance, Compliance and Ethics | Sasol
Fay Hoosain is currently the Senior Vice President: Governance, Compliance and Ethics for Sasol, a South African-based, international integrated chemicals and energy company, and has extensive experience in working in large, global and complex organisations, advising on and leading corporate deals (in the form of commercial property transactions, corporate rebranding and retail refurbishments, mergers, acquisitions and corporate restructuring); negotiating key supply chain and commercial property agreements; advising on and implementing competition (anti-trust) law, compliance and governance frameworks and processes; evaluating the relevant policy and regulatory environment and driving solutions through considered reputation, issues, people, cultural and change management processes and formulating and executing global internal and external communication strategies.
Ms Hoosain started her career as a practicing attorney and regulatory specialist primarily in the areas of competition law and highly regulated industries. While in private practice at leading African law firms, she advised clients in the oil and gas, mining, banking, media, telecommunications, entertainment, FMCG and retail sectors. In 2004, she joined the liquid fuels industry when she was appointed as senior legal advisor at Shell, where she advised on supply, storage and handling and franchise and retail property agreements, and corporate turnaround transactions for the company’s Africa operations. She was one of Shell’s lead competition law subject-matter experts and advised the group’s Africa and Middle East operating units. During her time at the company, Ms Hoosain was also appointed as a special advisor to the South African Petroleum Industry Association where she advised on competition law, environmental and other regulatory and compliance matters.
Ms Hoosain joined Sasol, in 2008, to establish and head up the group’s global Competition Law Centre of Expertise. This was followed by an appointment, in 2010, to form and lead Sasol’s Public Policy and Regulatory Affairs function. That same year, Ms Hoosain was appointed as a director of the Centre for Development and Enterprise, a South African non-governmental organisation that focuses on policy and research in collaboration with government, business and international bodies. In 2011, she was appointed as one of the Business Unity South Africa’s task team members to drive climate change policy development.
In 2012, Ms Hoosain was promoted into the position of Senior Vice President in the Office of the President and CEO, responsible for supporting the Group CEO and the Group Executive in driving an extensive, 7-tiered, group-wide organisational change programme. The result of this programme was the overhaul of Sasol’s corporate and management structures, decision-making protocols, operating model, strategic direction, as well as the organisation’s values and culture.
In 2014, Ms Hoosain was assigned full accountability for the construction oversight, design, layout, fit-out, move and related commercial negotiations relating to Sasol’s multi-billion rand and award-winning corporate head office, Sasol Place.
In 2016, Ms Hoosain assumed the role of Senior Vice President for Strategic Projects at Sasol and was responsible for leading the Strategic Projects Operating Model Entity. As part of her accountabilities, she led several retail and supply chain projects within the organisation’s Southern African energy business and upon the close-out of these was appointed into her current role, in July 2017.
Ms Hoosain holds a BA (International and Comparative Politics and Private Law) and LLB degrees from the University of Cape Town, and a LLM from the University of South Africa. She is an admitted attorney and notary public. She serves on the board of Sasol Oil Proprietary Limited as well as a range of other Sasol subsidiary boards. She is the Company Secretary of Sasol South Africa, a major subsidiary of Sasol Limited.