19 June 2018, Tuesday Attacq Limited (“Attacq” or “Company”) is pleased to announce that Melt Hamman has been appointed as CEO of the Company with immediate effect. Melt has been the Company’s CFO since June 2013 and has acted as interim CEO and CFO since the resignation of Morné Wilken at the end of 2017.
Melt joined Attacq more than five years ago and was an integral part of the team that listed the Company on the Johannesburg Stock Exchange on 14 October 2013. He has been instrumental in the growth of Attacq over the years and more specifically during the recent REIT conversion, effective 29 May 2018.
Pierre Tredoux, Chairperson of the Attacq Board commented: “After a rigorous process we are delighted to permanently appoint Melt as the CEO. Melt has provided the team with clear direction and guidance as interim CEO and has a strong history of creating and leading highly engaged teams. The Board believes that his track record with Attacq and extensive experience in the property sector positions him well to lead Attacq to the next level of growth and development as the Company matures as a REIT.”
The Board is also pleased to announce the appointment of Raj Nana as CFO and Executive Director with immediate effect. Raj is a qualified Chartered Accountant with investment banking and real estate experience. Raj was appointed as Investment Officer of Attacq in April 2014 and joined the executive management team in April 2016. Raj has worked closely with Melt since his appointment and fulfils a key role in the implementation of Attacq’s revised strategy.
Furthermore, Jackie van Niekerk, COO of Attacq since April 2017, has also been appointed as an Executive Director with immediate effect. Jackie has over 15 years of experience in the real estate industry and is a key member of the leadership team, currently tasked with executing the revised strategy of Attacq.
Confident in the Company’s strong leadership, Tredoux said: “The recent conversion to a REIT was an important step to position Attacq for future growth. The Board is confident that the current leadership team have the ability to continue to add value for our shareholders through focusing on the Company’s four value drivers namely our quality South African portfolio, Waterfall development pipeline, investment in MAS Real Estate Inc., and retail investments in the rest of Africa.”
Commenting on his new role, Melt added: “I am excited about the opportunity to lead the Attacq team in our next phase as a REIT. Our strong leadership team remains focused on unlocking shareholders value by delivering on our 2018 maiden distribution and future distribution growth.”