November 2010 SVEN THIEME: The simplicity in complexity November 2010
The Ohlthaver and List (O&L) Group, one of Nam ibia's largest holding companies with interests in food production, fisheries, beverages, agriculture, retail trade, information technology, property development, leisure and hospitality as well as marine engineering was awarded the Second Best Company
to Work For in southern Africa by Deloitte South Africa.
By winning the award, the company that came second to a US Company, McDonalds, is technically the best African company in the region.
The Group's Executive Chairman, Sven Thieme (ST) who sits on seven boards of the Group's subsidiaries and an influential personality in the Namibian corporate world discusses the recipe to his empire's continued success and the latest endeavours.
Born 42 years ago on February 8, Sven Thieme
took over the running the Ohlthaver & List
(O&L) business empire following the death of his uncle Werner List in April 2002.
has played a major role in turning around the fortunes of Model Pick 'n Pay
and Windhoek Schlachterei.
designed and implemented O&L's empowerment deal with Epia Investments through which dividends will be ploughed back into rural communities.
He was also the architect of several joint ventures entered into by O&L, including the deal with Heineken and Diageo regarding Namibia Breweries as O&L expanded.
Married to Cecile nee Lescurate, Sven
is a father of three, two girls and one boy.
primary school at Okahandja Primary 60km north of Windhoek
, moved to the capital's Deutsche Hoehere Privat Schule from 1980 to 1986.
passed matric with university admission and flying colours after getting awards in mathematics, additional mathematics and physical sciences.
was admitted at the University of Stellenbosch
in South Africa from 1988 to 1990.
He then went to the University of Cape Town for his Post-Graduate Diploma in Accounting and then joined Deloitte & Touché where he completed his articles in 1995.
moved to Germany where
some of his
achievements are as follows:
. Thieme was Senior Manager for four years in Luxembourg at Deloitte & Touché where he was Auditor in charge of Deutsche Bank (Luxembourg) ( which made profit of N$1,2billion in 1998).
. Auditor in charge of Nomura Bank
(Luxembourg) (Increased audit & other services fees by 150%).
. Auditor in charge of Europaeische Hypothekenbank.
. Auditor in charge of HochTief (Luxembourg) (Construction company).
. Auditor in charge of various other smaller operations.
A Chartered Accountant currently registered with both the Namibian and South African Institute(s) of Chartered Accountants, Thieme returned to Namibia in 1998 to join the O&L Group of companies.
A specialist in the training of the European Capital Adequacy Ratio Requirements
was given the reins at Model Pick 'n Pay
Namibia as Chief Executive Officer upon his
return in 1998.
He was then promoted to Managing Director of the O&L Group of Companies in 2001, a short-lived position, as he had to fill in the gap left by his late uncle.
Since April 2002, Thieme has been the Chairman and Chief Executive Officer of the O&L Group of Companies and fulfilled a number of roles for O&L, including managing the Group's approach to corporate governance.
Below are extracts from Sven Thieme's
resume since returning to Namibia.
SVEN THIEME: The simplicity in complexity