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Investec Australia Property Fund (IAPJ.J)

IAPJ.J on Johannesburg Stock Exchange

1,485.76ZAc
11 Aug 2020
Change (% chg)

3.76 (+0.25%)
Prev Close
1,482.00
Open
1,485.00
Day's High
1,498.00
Day's Low
1,460.00
Volume
72,955
Avg. Vol
642,934
52-wk High
1,639.00
52-wk Low
947.00

Summary

Name Age Since Current Position

Richard Longes

75 2005 Independent Non-Executive Chairman of the Board

Graeme Katz

56 2009 Chief Executive Officer, Executive Director

Lucy Spenceley

2020 Company Secretary

Sally Herman

63 Lead Independent Non-Executive Director

Stephen Koseff

68 2014 Non-Executive Director

Samuel Leon

70 2013 Non-Executive Director

Georgina Lynch

51 2019 Independent Non-Executive Director

Hugh Martin

72 2019 Independent Non-Executive Director

Biographies

Name Description

Richard Longes

Mr. Richard Longes serves as Independent Non-Executive Chairman of the Board of the Company. Richard has been a director of various Investec Group companies in Australia since March 2001. Richard is currently chairperson of Investec Australia Limited. He was a co-founder of Investec Wentworth (Pty) Ltd (formerly Wentworth Associates) and was previously a partner in the law firm, Freehills. He holds, or has held, positions with government advisory boards, including the review of the National Museum and the Fund’s Management Committee for the IIF programme, and non-profit organisations. Richard was previously chairperson of Investa Office Fund, MLC Limited and GPT Group and a non-executive director of Metcash Limited, Boral Limited and Lend Lease Corporation Limited.

Graeme Katz

Mr. Graeme Anthony Katz serves as Chief Executive Officer, Executive Director of the Company. Graeme joined the Investec Group to head up the Australian property business in Australia in 2006. Prior to that he was general manager of investment sales at Mirvac Group where he was the key person and responsible officer for the Mirvac real estate licence dealing with their registered and unregistered schemes. Graeme is a director of a number of companies within the Investec Group. He was previously a director of the Property Investors Association of Australia. Bachelor of Social Science (Economics) Rhodes University; Industrial Relations Development Programme University of Stellenbosch Business School.

Lucy Spenceley

Sally Herman

Ms. Sally Herman serves as Lead Independent Non-Executive Director of the Company. Sally has had a long career in financial services in both Australia and the US. In late 2010, she transitioned from an executive career to expand her non-executive portfolio. Prior to that, she had spent 16 years with the Westpac Group, running business units in most operating divisions of the Westpac Group, including the institutional bank, wealth management and the retail and business banking division. Sally is now a non-executive director, sitting on both for profit and not for profit boards and is actively involved in the community, with a particular interest in the arts, education and social disadvantage. Her commercial boards are in the property, financial services, manufacturing and retail sectors and include four publically listed companies, Premier Investments Limited, Breville Group Limited, Suncorp Limited and Evans Dixon Limited. Sally is also a member of Chief Executive Women

Stephen Koseff

Mr. Stephen Koseff serves as Non-Executive Director of the Company. Stephen is the Investec Group’s former chief executive officer, a position he held for 22 years. In addition to his directorships of Investec Ltd and Investec plc and various other Investec Group companies, he is a current board member of Business Leadership South Africa and a non-executive chairperson of Bid Corporation Limited. He is co-chairperson of Youth Employment Services NPC. He is a former chairperson of the South African Banking Association, a former non-executive director of The Bidvest Group Limited, a former director of the Johannesburg Stock Exchange, a former member of the Financial Markets Advisory Board, and a former chairperson of the Independent Bankers Association.

Samuel Leon

Mr. Samuel Ronald Leon serves as Non-Executive Director of the Company. Sam has 40 years of experience across all sectors of the property industry with 28 years at the Investec Group, firstly as a director of Investec Property (Pty) Limited, then managing director and currently as deputy chairperson. He was a founder of and instrumental in the transformation of Growthpoint into South Africa’s largest listed property fund and was a director until the Investec Group sold its interest in October 2007. He also served on the board of the South African Property Owners’ Association (SAPOA). Sam retired as chief executive officer of Investec Property Fund Limited on 31 March 2015, having held this position since its listing on the JSE in April 2011. He remains on the board of Investec Property Fund Limited as non-executive deputy chairperson

Georgina Lynch

Ms. Georgina Lynch serves as Independent Non-Executive Director of the Company. She has over 25 years’ experience in the financial services and property industry. She is currently the non-executive chairperson of Cbus Property, an independent non-executive director and member of the audit and risk committee of Viva Energy REIT and an independent non-executive director, member of the audit and risk committee and member of the remuneration committee of Tassal Group Limited. Georgina has significant global experience in corporate transactions, capital raisings, initial public offerings, funds management, corporate strategy and acquisitions and divestments. She gained early experience as a solicitor at Freehills and Mallesons Stephen Jacques and held senior roles at AMP Capital Investors, Galileo Funds Management and Stockland. Georgina holds a Bachelor of Arts and Bachelor of Laws.

Hugh Martin

Mr. Hugh Martin serves as Independent Non-Executive Director of the Company. Hugh Martin serves as Non-Executive Director of the Company. Hugh has enjoyed a successful career at director and senior executive level with over 40 years’ experience in major public and private institutions in the finance and property industry, internationally and domestically. He commenced his career as an accountant in South Africa before relocating to Australia. Hugh was formerly an executive director of the apartments business of Lend Lease Limited. From 1997 to 2001, Hugh was CEO of the joint venture between Mirvac and Lend Lease for the development, construction and sale of the Olympic Village, now known as the suburb of Newington in Sydney. Hugh’s previous positions have been as finance director of Baulderstone Hornibrook, director of property investments with the State Authorities Superannuation Board of NSW (now Dexus), managing director of Leda Holdings, chief general manager of Homebush Bay Development Corporation, City West and Honeysuckle Corporations, general manager of special projects at Westfield Holdings Limited, project director for Lend Lease Group and national general manager for the apartments development division at Stockland Corporation. Hugh is now a non-executive director, advisory board member and consultant on a number of both profit and non-profit boards.

Basic Compensation

Name Fiscal Year Total

Richard Longes

165,000

Graeme Katz

155,000

Lucy Spenceley

--

Sally Herman

120,000

Stephen Koseff

20,000

Samuel Leon

60,000

Georgina Lynch

75,000

Hugh Martin

100,000
As Of  31 Mar 2020