Peter Meiring had a long career in business, holding several positions at TFG Limited including Supervisory Board director, Operating Board Director, and Chairman of RCS (Pty) LTD. He was responsible for consumer financial services, web services, marketing, mobile devices, and customer services. In 1999, he started RCS which provided consumer credit services and later sold a stake in the business, negotiating its full sale in 2014 for $2.65 billion. Throughout his career, he launched several successful programs including Rewards & More and ONE 2ONE. He has extensive experience in retail, consumer credit, and management.

1. PETER STEPHEN MEIRING
Brief Curriculum vitae
Current Status: Retired
BUSINESS EXPERIENCE
May 1983 to June 2015
Positions Held:
- Supervisory Board director of TFG Limited (The Foschini Group)
- Operating Board Director of TFG
- Chairman of RCS (Pty) LTD
TFG is a listed company on the South African stock exchange founded in 1924 and listed on the
exchange in1941.ItoperatesprimarilyinSouthAfricawithoperationsintherestofAfricaandthrough
itssubsidiaryPhase Eight basedinthe UK,in 19 othercountriesaroundthe worldincluding the USA.
http://tfglimited.co.za/docs/3257/TFG_IAR2015.pdf
I served on both the Operating Board as well as on the Supervisory board of this company.
http://www.financial-tfglimited.co.za/ar_2015/directorate/directorate.asp
My line responsibilities included responsibility for the Groups:
 Consumer Financial Services,
 Web (Omni channel services)
 Marketing and Communications
 Mobile and Cellular devices sales (online and Stores)
 Customer added value services including Insurance and Publishing
http://www.financial-tfglimited.co.za/ar_2015/operations/fin-services.asp
“Peteriscurrentlythe group directorof TFG’s Financial Servicesdivision,apositionhe hasheldsince
1998. He was appointedtothe operatingboardin1999. He alsoholdsthe positionof chairmanof the
RCS Group. Peter has extensive experience in consumer credit lending. He also has experience in
information technology, specifically financial systems. He has held various roles in the group’s IT
department,aswell as withinPages(subsequentlyrebrandedexact!) before movingtothe Financial
Services division in 1992.”

2. In 1999 I started a business which became a subsidiary to the main Group. This group was an
independent business withits own Board of directors and Management. I served as chairman. The
businesstradedunderthe name RCS (Retail CreditSolutions).Itserved the broaderconsumercredit
industry in South Africa by providing consumer credit and relatedservices to the customers of large
retailers in South Africa on a private label basis.
http://www.ehbeat.co.za/RCS/GCFS2014/flipviewerxpress.html
The businesswasdeveloped overthe ensuingyears.In2005 I concludedthe sale of a 45% of TFG’s
holdingtoStandardBank of SouthAfrica.I continued toserve as Chairmanuntil late 2014 when
togetherwithSBSA,I negotiatedthe sale of the businesstoFrench bankinggroupBNPParibasfor
ZAR 2.65 billion.
http://mg.co.za/article/2014-04-10-frances-largest-bank-bnp-paribas-to-buy-south-african-
credit-provider
I was a founding member and served as chairman of the Consumer Credit Providers associationof
South Africa http://www.sacrra.org.za/
In 2014/2015 A team wascreatedin TFG to developan Omni channel webpresence usingthe Oracle
ATG platform.Iheadedupthe teamresponsible forall the preparatoryworkandthe “take on”of the
brands in TFG. The first brand was successfully launched in October 2014.
NOTABLE OTHER ACHIEVEMENTS
REWARDS & MORE
I conceptualised and introduced a rewards program across all of TFG’s 18 brands. This rewards
program titled REWARDS & MORE is unique in that it capitaliseson the multi-brand environment in
TFG, encouragingcustomers,throughdiscountsandspecial offers,tocrossshopthe 18brandsinTFG.
It also specifically targets customers spend within their preferred brands by tailoring offers that
encourages customerstobuymore on theirpreferredproductsandto up-spendintorelatedproduct
categories thatfittheirbuyingprofile.Thisprogram ishugelysuccessful andstronglycontributedtoa
19.6% cash sales lift in the TFG’s FYE March 2015.
ONE 2ONE
Withmy responsibility forthe TFGGroup’scellularphonesandaccessories operation,Iexpandedthe
offeringtoinclude aprivate label airtime contract,brandedONE2ONE.Thisproductwassoldthrough
storesandtelemarketingto creditcustomers of the group.The programofferedcustomersairtimeat
much cheaper rates than for prepaid airtime whilst allowing them to have the billing benefits of a
post-paid contract. This program grew to over 200, 000 customers

3. ACADEMIC
Since completingmyhighschoolwithamatriculationseniorcertificate pass,Ihave completedvarious
businesscoursesinbusiness management(CIS)followedby computersystemsdesignandanalysis.In
the 1980’s I specialised in large scale systems design on mainframe computers. In this role I
successfully implemented several large systems in the warehousing and financial systems domains.
During the 90’s having completed the installation of the Vision 21 credit lending system from First
Data in the USA., I started to specialise in Credit lendingand was elected a general manager for this
division in TFG.
PERSONAL
I considermyselfaretail specialisthavingdevelopedathoroughknowledgeof retail bestpractice and
in particular consumer credit practices in South Africa, the UK, USA and Canada. I have travelled
extensivelytothe UK/ Europe and the USA and have strongbusinessassociationswiththe consumer
lending industry in these regions.
I have been extensively involved in the evaluation of both local and international business
opportunities for the TFG group.
I have extensive general management and Board experience.