Member Profile
Uli Schäckermann

Biography

ANALYTICS – ETHICS – CORPORATE GOVERNANCE – NON-EXECUTIVE DIRECTORSHIP

There are three areas of focus in my activities, based on my specific experiences and competence:

(1) Corporate Governance, Risk and Compliance – Non-listed entities can benefit from the advice in this area of business activities. My experience in working with many family businesses from startup to execution of a planned exit strategy and all the other governance and control activities in between, have provided me with much insight into the service a family owned business requires. For six years I was NED of a family business that grew in that period from a small manufacturing company to one of the leading suppliers in mining equipment for South African mines.

(2) Business ethics – Increasingly businesses have to engage more effectively with ethical conduct in response to demands from the public. Ethical behaviour forms a critical aspect of the necessity of avoiding reputational damage. I have developed value statements, vision and missions plans for many different organisations from NGOs, to family businesses, to professional partnerships. I also supported many Chartered Accountants to gain a comprehensive understanding of the Code of Ethics which is binding for the profession. I published many professional articles on professional conduct.

(3) Non-Executive directorship – A board of directors, functioning in compliance with appropriate corporate governance, is an essential element for a successful company. I have been a Non-Executive director of listed companies and chaired audit committees and supported other statutory Board Committees.

I am fully bilingual in German and English and able to work in either language at professional levels.

My previous activities

The first 20 years of a professional career in auditing and consulting were spent in working mainly with family businesses in a wide range of industries and of all sizes until I joined Grant Thornton in Johannesburg. This change brought me into the management of a large audit firm when I became a senior partner and partners elected me to the Exco and Policy Board. My focus was to attract a German-speaking clientele to the firm and also to manage the national IT function besides the regular auditing work of an audit partner. I left auditing in 2009.

Since then I have been involved in professional work in ethics and conduct of professional accountants assisting the South African Institute of Chartered Accountants and the Independent Regulatory Board for Auditors to promote the code of conduct/ethics in the profession. My services extend to members of ethics committees, disciplinary committees and investigation committees in those organisation. During 2018 I assisted  “The SAICA Independent  Inquiry Into The Conduct Of Certain Members Of The South African Institute Of Chartered Accountants Employed By KPMG” in the application of the Code of Conduct to and in the guidance of the panel members during the hearings. Currently, I am a member of the Appeal Panel of CAI.