Edition:
United States

New Frontier Properties Ltd (NFPJ.J)

NFPJ.J on Johannesburg Stock Exchange

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28 Jul 2016
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Summary

Name Age Since Current Position

Sisa Ngebulana

49 2015 Non-Executive Chairman of the Board

Mike Riley

54 2015 Chief Executive Officer

Nigel Gurkin

2016 Finance Director, Executive Director

Kameel Keshav

36 2015 Non-Executive Director

Andile Mazwai

44 2015 Non-Executive Director

Tinesh Ramprusad

2015 Non-Executive Director

William Heaney

2015 Independent Non-Executive Director

John Needham

2016 Independent Non-Executive Director

Daniel Romburgh

33 Independent Non-Executive Director

Richard Thomas

2015 Independent Non-Executive Director

Biographies

Name Description

Sisa Ngebulana

Mr. Sisa Michael Ngebulana has been Non-Executive Chairman of the Board at New Frontier Properties Ltd since March 25, 2015. Mr. Ngebulana founded the Billion Group in 1998 and Rebosis in 2010. Sisa has won various awards: Entrepreneur of the Year Award (2006), Pioneer award (2014), African Business Excellence (2014). An admitted attorney of the High Court of South Africa, he practiced with Jan S de Villiers Attorneys in commercial litigation before joining Eskom for seven years as legal counsel specializing in property and finance. He is a past president of the South African Council of Shopping Centres, and has been a director of the Attfund group, Truworths International and the Construction Industry Development Board (CIDB). Sisa has single-handedly developed a number of regional shopping malls in SA, including Hemingways Mall, Forrest Hill City, Mdantsane City, B.T. NGebs City and with Abacus Bay West City. He holds Bachelor of Legal Letters and Master of Legal Letters degree.

Mike Riley

Mr. Mike Riley has served as Chief Executive Officer at New Frontier Properties Ltd since April 7, 2015. Mr. Riley has worked in the property industry since 1986, having trained as a chartered surveyor at Hillier Parker. Following this he joined Chesterton International, becoming Managing Director of its property finance arm, De Groot Collis Financial Services Limited. He subsequently joined HBV Real Estate Capital in 1997, becoming joint Managing Director in 1999, with a loan book under management of over GBP8 billion. Mike was then at Quintain Estates and Development PLC from July 2001, holding the role of Chief Executive from March 2002. In October 2002 he moved to Castlemore Securities Limited, where he was Director until January 2005, when he became Joint CEO of the Local Shopping REIT plc. He holds Bachelor of Science (Hons) MRICS.

Nigel Gurkin

Mr. Nigel Gurkin has served as Finance Director, Executive Director of New Frontier Properties Ltd since April 4, 2016. Mr Gurkin is a Chartered Accountant, ICAEW, having trained with Deloitte Haskins + Sells in the UK. In 1992, he joined shopping centre owners, Speciality Shops PLC. In 1997, he joined the Milner Group as Finance Director of the property subsidiaries. In 2001 he moved to Shops etc Ltd, managers of eight shopping centers. In 2011 he became Finance Director of Plus Shops Retail, managers of a portfolio of shopping centers managed on behalf of the Moorfield Group.

Kameel Keshav

Mr. Kameel Keshav has been Non-Executive Director at New Frontier Properties Ltd since March 25, 2015. Mr. Keshav is Chief Financial Officer of Rebosis Property Fund Limited. Before joining Rebosis Kameel headed up the commercial function for Orica, where he oversaw all commercial activity in Africa, Middle East and Continental Europe. From 2011 to 2013 Kameel was a finance business partner for Kraft Foods in Central and East Africa where he was responsible for financial compliance together with a strong focus on alignment through financial review to the strategic objectives of the business. He is Chartered Accountant.

Andile Mazwai

Mr. Andile M. Mazwai has been Non-Executive Director at New Frontier Properties Ltd since March 25, 2015. Mr. Mazwai is the CEO of the National Stokvel Association of South Africa (NASASA), a non-executive director of the JSE Limited and Rebosis Property Fund Limited. He was formally CEO of Barnard Jacobs Mellet Holdings, before it was acquired by First National Bank in 2011. He holds Bachelor of Commerce (Hons) degree.

Tinesh Ramprusad

Mr. Tinesh Ramprusad has served as Non-Executive Director of New Frontier Properties Ltd since June 22, 2015. He has over 12 years’ experience in the field of taxation, auditing and accounting for both domestic and global business companies. He is a Fellow member of the Association of Chartered Certified Accountants, UK, and he is also licensed practitioner in Mauritius. He has experience in the area of IFRS and in various business sectors including the services, construction, insurance, manufacturing, agriculture and the global businesses.

William Heaney

Mr. William (Bill) A. Heaney has served as Independent Non-Executive Director of New Frontier Properties Ltd since October 20, 2015. William runs his own consultancy business, specializing in corporate strategy and administration. He is also a consultant to a number of businesses, including the property fund management group Internos Global Investors.  He was company secretary and group services director at Chesterton International plc for 19 years and was a director of Exchequer Partnership plc. He has been company secretary of The Local Shopping REIT plc since its stock exchange listing in 2007.

John Needham

Mr. John Needham has served as Independent Non-Executive Director of New Frontier Properties Ltd since April 4, 2016. Mr. Needham is a Chartered Accountant, ICAEW, having trained with PricewaterhouseCoopers in the UK, where he later became a tax director. He worked for a number of years at Telereal Trillium, a major division of Land Securities, as tax director and is currently acting as in-house tax advisor at Derwent London PLC, with a focus on UK REIT legislation. He has served as Chairman of the Audit and Risk Committee of the Company since April 4, 2016.

Daniel Romburgh

Mr. Daniel Romburgh serves as Independent Non-Executive Director at New Frontier Properties Ltd. He was previously Financial Director of the Company. Mr. Romburgh was previously a director of Caledonian Fund Services (South Africa) (Pty) Ltd. His responsibilities included internal and outward management of an international fund administration and accounting service provider. He was previously appointed as accounts manager at Beacon Fund Administrators (Pty) Ltd and is currently Head of Operations at Drake Fund Advisors (SA) (Pty) Ltd. He holds Bachelor of Commerce (Hons) in Financial Analysis and Portfolio Management.

Richard Thomas

Mr. Richard Thomas has served as Independent Non-Executive Director of New Frontier Properties Ltd since October 20, 2015. Richard is chairman of UK investor advisor Oak Room Capital Partners and has 25 years’ experience of executing transactions across real estate, infrastructure and energy sectors. A law graduate of Cambridge University, he has also worked for Land Securities Plc and NationsBank/Bank of America, financing acquisitions for clients such as PepsiCo, GM, Hanson and Eurotunnel.