Sipho Pityana to be Redefine Properties’ new chairperson

Posted On Monday, 06 May 2019 15:08 Published by
Rate this item
(0 votes)

In line with its stated intention of strengthening governance, broadening diversity and improving board independence, JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has appointed Sipho Pityana as its independent non-executive chairperson. The appointment is effective from 3 May 2019.

-SIPHO-PITYANA-

Sipho (BA (hons) (Essex), MSc (London)), is the founder and chairman of Izingwe Capital (Pty) Ltd, a privately held investment company. He is also chairperson of the board of directors of public listed companies AngloGold Ashanti Limited and Onelogix Group Limited, and an independent director of Absa Bank Limited.

Sipho is also a member of the World Economic Forum’s Community of Chairperson of global companies and the chairperson of the Council of the University of Cape Town. He is the president of Business Unity South Africa and a director of Business Leadership South Africa.

Previously Sipho served on several boards of private sector companies in both executive and non-executive capacities and in senior roles in the public sector.

He takes over from Marc Wainer who will remain an executive director of Redefine.

The board of directors of Redefine welcomes Sipho and looks forward to his contribution to the company. The board thanks Marc for his valuable contribution, unstinting leadership and guidance since founding Redefine in 1999, and wishes him well in his new role.

Last modified on Monday, 06 May 2019 15:15

Most Popular

SAMRRA unlocks data for investment into the multifamily residential property asset class

Apr 17, 2024
SAMRRA Roadshow Cape Town
Multifamily residential rental property is set to become a mainstay of the South African…

Exciting Malvern Park Shopping Centre in KZN set to open in May 2024

Apr 30, 2024
Malvern Park Shopping Centre in KZN
The much-anticipated opening of Malvern Park Shopping Centre in May 2024 promises to…

North Kensington Gate residential development launching in West London's major regeneration project

Apr 30, 2024
North Kensington Gate London
London’s reputation for capital preservation and stable returns in the residential…

Growthpoint Student Accommodation REIT thrives, adding R1.5bn of assets in two years

Apr 30, 2024
Thrive Student Living accommodation - Horizon Heights
Two years since launching, Growthpoint Student Accommodation REIT has introduced R1.5bn…

Fortress Real Estate Investments Limited raises R900m in highly oversubscribed bond auction

Apr 30, 2024
AbaQulusi Plaza_March 2024
Market appetite for Fortress Real Estate Investments Limited was evident in April as the…

Please publish modules in offcanvas position.