RDI REIT has appointed Gavin Tipper as its new chairman.
The appointment of the former technical partner at KPMG South Africa and chief operating officer of Coronation Holdings was made following an assessment of both internal and external candidates.
Tipper is also chairman of Hyprop Investments and AVI, both of which are listed on the Johannesburg Stock Exchange.
The company has also reviewed the composition of its committees:
Audit and Risk Committee
Sue Ford (chair)
Michael Farrow
Elizabeth Peace
Independent
Independent
Independent
Remuneration Committee
Michael Farrow (chair)
Robert Orr
Gavin Tipper
Independent
Independent
Independent
Nominations Committee
Gavin Tipper (chair)
Michael Farrow
Sue Ford
Independent
Independent
Independent
Investment Committee
Robert Orr (chair)
Marc Wainer
Mike Watters
Independent
Non-Independent
CEO
Corporate Social Responsibility Committee
Elizabeth Peace (chair)
Mike Watters
Donald Grant
Adrian Horsburgh
Independent
CEO
Executive
Executive
Michael Farrow, who led the nominations committee process to find the new chairman, said: “Following an extensive selection process, we are very pleased to have appointed Gavin to the role of non-executive chairman and believe his strong knowledge of the company and deep market experience will be of great benefit in ensuring the board operates effectively as it focuses on executing its strategy.
“On behalf of the board I would like to take this opportunity to thank Greg for his leadership of the board, helping transform the business into a leading income-focused REIT.”
To send feedback, e-mail david.hatcher@egi.co.uk or tweet @hatcherdavid or @estatesgazette
