WHO WE ARE

BOARD

ZANELE
MATLALA

Independent Non-Executive Chairperson
BCom, BCompt (Hons), CA(SA)

Appointed: 20 May 2011

Matlala joined the Merafe Board in 2005 as an independent nonexecutive director. She was appointed Merafe’s chief financial officer on 1 October 2010 and Chief Executive Officer on 1 June 2012. She is a non-executive director of Stefanutti Stocks Holdings Limited and RAC Limited.

IZAK
PETERSEN

Chief Executive Officer
CA(SA)

Appointed: 20 May 2011

Petersen is the Chief Executive Officer of Dipula Income Fund. He is a qualified chartered accountant and worked at Deloitte in Cape Town and the USA. Upon returning to SA, he joined the structured products team at PSG Investment Bank until he left to pursue his entrepreneurial passion. Petersen co-founded various financial services businesses and a property fund which through M&A activity, led to the listing of Dipula Income Fund. Petersen has extensive investment management experience in property and other asset classes, gained over close to three decades. He has served on several company boards and industry organisations in an executive and non-executive capacity. The most notable industry organisations he served on include SA REIT’s Association, SAPOA, ABASA Western Cape and ABSIP Western Cape and National.

SUDESH
MOODLEY

Financial Director
CA(SA)

Appointed: 1 March 2023

Moodley is the Financial Director of Dipula Income Fund and is a qualified chartered accountant. He previously held the position of Executive Head of Asset Management at Eris Property Group. He managed a R10 billion property portfolio after serving as chief financial officer of the Company from 2012 to 2017. He has two decades of work experience, of which 18 years have been in property, and has previously held positions at various auditing firms including PwC, EY and BDO. He currently serves as a member of the SAPOA Board.

BRIAN HILTON
AZIZOLLAHOFF

Independent non-executive director
BA (NY), MBA (Wits)

Appointed: 20 May 2011

Azizollahoff has over 35 years of experience in the property industry. He was a director of Anglo American Properties and then managing director of ApexHi Properties Limited. He served as CEO of Redefine from 2003 until its merger with ApexHi and Madison Property Fund Managers Limited in 2009 and then resigned from Redefine to form Capstone Property Group. In 2016 he sold out of Capstone to form Propertiq. Subsequently, he has established Unico Property Group which is his main focus. He has served on the Boards of various listed and unlisted companies, has been active in various facets of the property sector and currently serves on the Audit Committee of SAPOA.

NTHIME
KHOELE

Independent non-executive director
B. Busc Sci (Hons), MBA, Dip. Corp Law

Appointed: 1 February 2023

Khoele is a co-founder and Managing Partner of Bopa Moruo Private Equity, a private equity investment management firm, managing around R1.5 billion of equity capital across its private equity funds. Prior to founding Bopa Moruo over 10 years ago, he was a director of Brait’s private equity business, which he first joined in 2000, after starting his career at RMB Asset Management. He also serves on the Board of various Bopa Moruo portfolio companies, including as Chairman of Respublica Group and as a non-executive director of WACO International, Skynet Worldwide Couriers International (SA and UK) and One Digital Media. He also serves on the Boards of two nonprofits, as Chairman of the Independent Schools Association of Southern Africa NPC and as director of the St Mary’s School Foundation NPC.

ZAIDA
ADAMS

Independent non-executive director
BCom (Hons), CA(SA)

Appointed: 1 February 2023

Adams is a qualified chartered accountant with 20 years’ financial and investment experience. She has held several executive roles in the property sector and was previously Financial Director of SA Corporate and more recently, CFO of Investec Property Fund. She also served on the Board of Liberty 2 Degrees as an independent non-executive director and was chairperson of the audit and risk committee. She is currently the CFO of Africa Cricket Development (Pty) Ltd, better known as SA20.

KEVIN
TEEROOVENGADUM

Independent non-executive director
BSc (Economics) (Honours), MBA, MSc (Finance)

Appointed: 1 February 2023

Teeroovengadum has a BSc in Economics, MBA and MSc in Finance from Leicester University, UK. He worked for KPMG, Deloitte and EY in corporate finance and strategic consultancy before moving to Loita Capital Partners Group based in South Africa. He joined Actis in 2007, the leading emerging market private equity firm, as a director as part of their Africa real estate team where he led a number of transactions and exits. He was the co-founder and CEO of AttAfrica in 2013, which became the premier investor of shopping malls in Africa. He is a frequent writer and speaker at conferences globally and currently serves on numerous boards of companies in Mauritius and advises a number of companies in Africa. He is also the co-founder of Proptech Africa.