The Company Directors

A,Dr Iraj Abedian

Dr Iraj Abedian

BA (Honours), MA (Economics) (University of Cape Town), PhD (Economics) (Simon Fraser University, Canada)
Independent non-executive chairman
Date of appointment: December 2015

Iraj Abedian is the founder and Chief Executive of Pan-African Capital Holdings Proprietary Limited. He was Professor of Economics at the University of Cape Town, before joining Standard Bank Group in 2000 as Group Chief Economist. He obtained his BA (Honours) and MA in Economics from UCT. He received his PhD in Economics from Simon Fraser University in Canada in 1993. He was the founder and Director of the Applied Fiscal Research Centre (AFReC) at UCT and he has been a consultant on economic policy issues to public and private sector organisations in South Africa as well as internationally. His recent involvement in policy development in South Africa includes: The Transformation of the Development Bank of Southern Africa (1995), the RDP White Paper (1995), Growth, Employment and Redistribution (GEAR 1996), Medium Term Expenditure Framework (MTEF), and the Presidential Review Commission (PRC 1997).

He is a prolific researcher and has written numerous articles and co-authored a number of books. Iraj is an honorary Professor of Economics at Graduate School of Business, Nelson Mandela Metropolitan University, Port Elizabeth. He is a member of the board of directors of Munich Re of Africa and serves as a member of the Advisory Board of the Auditor General of the South African Government.

C,Mark Walter Stevens

Mark Walter Stevens

Managing director and Chief Executive Officer
Date of appointment: October 2009

Mark has been involved in the commercial and industrial property industry for over 25 years, working as an independent and corporate broker, private investor and developer. His career has included 10 years with Old Mutual Properties and another three years with the Imperial Group.



F,Steven Brown

Steven Brown

Interim Financial Director
Date of appointment: April 2016

Steven entered the property industry after completing his accounting articles at KPMG when he joined Corovest as a listed property analyst in 2008.

Following this Steven joined Standard Bank’s Real Estate Finance team as a transactor and following this in the Real Estate Investments division. Steven joined the Resilient Africa board in April 2013 and assisted with the structuring and finance functions for this Nigerian focused business. Shortly thereafter, Steven joined the Rockcastle team assisting with the negotiations, structuring and management of the direct property acquisitions in Zambia. In February 2015, Steven joined Capital asset management team, managing a portfolio of buildings and also filled the role of company secretary from May 2015 until Capital was acquired by Fortress in November 2015.

Steven was appointed as an alternate director to Andrew Teixeira, and executive director of Fortress in April 2016.

G,Fareed Ismail Wania

Fareed Ismail Wania

Executive Director
Date of appointment: June 2016

Fareed started his property career with RMP Properties in 1996. He subsequently joined the JHI Real Estate Group Limited where he was involved in their property management division as a portfolio manager.

Fareed was instrumental in the setup, opening and running of the JHI Lesotho office. In 2004 he joined the Pangbourne group as a senior asset manager reporting to the managing director. After the merger with Pangbourne, Fareed was employed as an asset manager with Capital. Upon the merger of Capital and Fortress, Fareed was appointed executive director of Fortress in June 2016.

H,Sipho Vuso (Vuso) Majija

Sipho Vuso (Vuso) Majija

Diploma in Civil Engineering, BSc (Hons) Property Studies, MBA (GIBS)
Date of appointment: May 2017

Vuso has been an employee of Fortress REIT Limited since its listing in 2009. Vuso has extensive experience in property and asset management of commercial, industrial and retail properties gained over a period of 13 years. Vuso heads up Fortress’ retail portfolio and is responsible for all aspects of the portfolio, including developments, re-developments, extensions, national tenant relations, acquisitions and disposals.

Vuso obtained an MBA from the Gordon Institute of Business Science in 2016 and previously served on the board of Pangbourne Properties Limited (“Pangbourne”) as an alternate director.

K,Urbanus (Banus) Johannes van der Walt

Urbanus (Banus) Johannes van der Walt

B Econ, Advanced Executive Programme
Independent Non-Executive Director
Date of appointment: December 2015

Banus is a retired property practitioner. Banus was previously the managing director of Sanlam Properties and Gensec Property Services for 16 years. Banus has 40 years’ property experience with the Sanlam Group and has travelled extensively to study the property industry, both locally and internationally. Banus is a past president of the South African Property Owners Association (SAPOA) and has been a non-executive director of Martprop, Acucap, SA Retail and iFour.

He was also involved in the listing of Primegro, Acucap, Resilient, iFour, SA Retail, MICC and Vukile. He is currently a member of the Property Committee of Sanlam and a non-executive of three non-listed companies.

L,Tshiamo Daphne Matlapeng-Vilakazi

Tshiamo Daphne Matlapeng-Vilakazi

BA(SW), LLB, Certificate in Mining Prospecting (SA)
Independent Non-Executive Director
Date of appointment: December 2015

Tshiamo is a practising attorney, conveyancer and notary public. She is a legal consultant to Gauteng Provincial Government and Department of Housing.

She is also a member of the Housing Advisory Panel of North West Provincial Government, Department of Housing and has been in practice for 20 years.

M,Jan Naude Potgieter

Jan Naude Potgieter

BCompt (Hons), CTA, CA(SA), Management Development Program (University of Michigan), Strategic Planning & Management in Retailing (Monash University Australia)
Independent Non-Executive Director
Date of appointment: December 2015

Jan qualified as a CA doing his articles with PricewaterhouseCoopers. He held various managerial positions early in his career including business manager at Clover SA and then seven years at various divisions of SABMiller in senior financial roles.

In 2005, he was headhunted by Massmart to join their Massdiscounters team first as financial director then six years as chief executive officer. He then did consulting work before joining the Italtile group as chief operating officer.

N,Djurk Peter Claudius Venter

Djurk Peter Claudius Venter

BCompt (Hons), CA(SA)
Independent Non-Executive Director
Date of appointment: October 2009

Djurk completed his articles at Ernst & Young and then joined the Department of Inland Revenue in the insurance and financial institution assessing division. In 1996 he started an audit practice, Treisman Venter and Associates. In 2004 he joined Glass, Tucker and Venter (Chartered Accountants and Auditors) as partner.

Djurk was a non-executive director and chairman of the audit committee of Diversified Property Fund Limited.

O,Bongiwe Nomandi Njobe

Bongiwe Nomandi Njobe

MSc Agric Eng.
Independent Non-Executive Director
Date of appointment: June 2017

Bongiwe is an independent strategy, management and policy practice consultant working in the agricultural and sustainability area. She has over 30 years’ experience in agricultural development, fast moving consumer goods and sustainability in the public and private sectors.

Bongiwe previously served as Director General at South Africa’s National Department of Agriculture, Group Executive of Corporate Sustainability at Tiger Brands Limited and Corporate Affairs director at the SABMiller subsidiary, South African Breweries Limited. She currently serves as a non-executive director on the boards of CIMMYT (International Maize and Wheat Research Institute), the Regional Universities Forum for Capacity Building in Agriculture, Kagiso Trust, Vumelana Advisory Fund, HORTGRO and Fruit South Africa.

P,Robin Lockhart-Ross

Robin Lockhart-Ross

BCom, BComHons (Tax), MAcc, CA(SA) (60)

Robin recently retired from Nedbank at the end of June 2018 where he was the Managing Executive of Nedbank CIB: Commercial Property Finance since November 2014.

Prior to that Robin was Head of Credit for Nedbank Property Finance for 12 years since 2003, having previously been Head of Risk at BoE Corporate: Property & Asset Finance since 1999, during which period he also acted as Managing Executive of NBS Homeloans and as Chairman of Bond Choice mortgage originators.

Before moving into the banking industry, Robin had been financial director for 8 years of Moreland Developments and Tongaat-Hulett Properties, the property management and development division of the Tongaat-Hulett Group, and prior to that the Group Tax Consultant for Tongaat-Hulett for 3 years.

In his capacity as ME of Nedbank Property Finance Robin chaired the Property Investment Committee and served as non-executive director of various investee and associate companies in Nedbank Property Partners.