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Leadership

Angus Band
Angus Band

Chairman

Angus Band
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Angus Band

Chairman

Committees: Nominations (Chair), Remunerations, Social and Ethics

BA, BAcc, CA(SA)

Angus has 37 years’ experience in both commercial directorship and professional corporate governance. Throughout his career, Angus had succeeded at some of the biggest names in South African Corporate Businesses.

From 1980 to 1995, Angus became the Commercial Director at PG Bison Ltd. Thereafter he spent two years as Telkom Ltd.’s Chief Financial Officer. He then went on to become the Group CEO of Anglovaal Industries Ltd. The last decade, since 2005, has seen Angus as both Aveng Limited’s Chairman of the Board and Liberty Holdings Limited’s non-Executive Director.

Angus was appointed as the non-Executive, Independent Chairman of Liberty Two Degrees on 26 July 2017.

Barbara Makhubedu

Lead Independent Director

Barbara Makhubedu
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Barbara Makhubedu

Lead Independent Director

Committee: Audit and Risk, Remuneration, Nominations, Related Party.

CA

Barbara is a Chartered Accountant with over 20 years of finance, audit, treasury, tax and controlling experience and in acquisitions and divestments projects. Her career spans across accounting and auditing profession, financial services industry and the energy sector. She has strong technical skills in accounting, tax, treasury, controlling, governance, risk and assurance.

Barbara was appointed to the L2D Board on 21 October 2020.

Lynette Ntuli
Lynette Ntuli

Independent Non-Executive Director

Lynette Ntuli
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Lynette Ntuli

Independent Non-Executive Director

Committees: Social and Ethics (Chair), Remuneration and Nomination

BCom in Financial Accounting (Wits & Unisa), CSCM (Tuks), ACSCL (Tuks), Business Leadership Fellowship Programme (Northwestern University, Chicago)

Lynette is the CEO of Innate Investment Solutions. She previously held senior leadership positions within the commercial, development and investor spheres of the property, trade, and investment sector. Sitting on various executive committees and working groups, Lynette has a valuable 13 years’ experience in related organisations. Passionate about youth development and leadership, Lynette is a Founding Director and Chairman of IgniteSA.com.

She is actively involved at an executive and member level within various organisations including the South African Institute of Black Property Practitioners, Women’s Property Network, South African Property Owners Association, the South African Council of Shopping Centres, International Women’s Forum and the Institute of Directors SA. Lynette also sits on the boards of First National Bank Advisory, Africa Ignite and Maris Stella School.

Lynette was appointed as an Independent non-Executive Director of Liberty Two Degrees on 26 July 2017.

Peter Nelson

Independent Non-Executive Director

Peter Nelson
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Peter Nelson

Independent Non-Executive Director

Committees: Audit & Risk, Remunerations and Nominations, Related Party

CA(SA), University of South Africa – Bachelor of Accounting Honours, Rhodes University – Bachelor of Commerce

Mr Peter Nelson has been appointed as an Independent non-Executive Director to the Board of Directors of L2D as well as a member of the Audit and Risk Committee, the Remuneration and Nominations Committee and the newly established Related Party Committee, effective 26 May 2020.

Peter is a Chartered Accountant with extensive business experience locally and internationally. He has worked across several sectors in listed and private entities in South Africa and abroad and brings strong expertise to the Board

Dr Puleng Makhoalibe

Independent Non-Executive Director

Dr Puleng Makhoalibe
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Dr Puleng Makhoalibe

Independent Non-Executive Director

Committees: Social, Ethics and Transformation

PHD, MBA Business Administration (UCT), BSc in Computer Science (UCT)

Dr. Puleng has a passion for creativity, design thinking and innovation. She has twenty years of experience working in the private sector, government and in higher educational institutions. She is the CEO and co-founder of Alchemy Inspiration and her experience includes Head of Innovation, Creativity and Entrepreneurship at Henley Business School and head of Humanities at the University of Cape Town. Puleng has worked globally in the innovation space over the last two decades and has been recognised as a global leader in that space.

Puleng is also a passionate speaker, panelist, author, facilitator and an innovation and design thinking consultant.

Puleng was appointed as Director on 21 October 2020.

Craig Ewin

Independent Non-Executive Director

Craig Ewin
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Craig Ewin

Independent Non-Executive Director

Committee: Chairman of Remuneration Committee. Member of Nominations, Audit and Risk and Related Party Committees

Craig Ewin is a Chartered Accountant and has thirty years’ experience in the property industry including acquisition, financing and management of properties for a variety of investors. His previous roles included Managing Director of Marriott Property Services, Chief Executive Officer of SA Corporate Real Estate and director of Oryx Properties Limited in Namibia. He is a director of First World Hybrid Real Estate plc, a Regulated Fund which invests in UK commercial property and a director of Sequel Property Investments in South Africa that is responsible for the procurement and management of the fund’s properties.

Craig was appointed as Director on 1 January 2021.

David Munro

Non-Executive Director

David Munro
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David Munro

Non-Executive Director

Committee: Nominations Committee

BCom, PGDip Accounting (UCT), CA(SA), AMP (Harvard)

David Munro joined the Standard Bank group in 1996. In 2003, he was appointed Deputy Chief Executive, CIB South Africa and in 2006 was appointed to Chief Executive, CIB South Africa. In 2011, he was appointed Chief Executive CIB which position he held until 30 May 2017 when he was appointed Chief Executive Liberty Holdings Limited.

Nick Criticos

Non-Executive Director

Nick Criticos
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Nick Criticos

Non-Executive Director

BBusSc (UCT), FIA, AMP (Harvard)

Nick was the chief executive of BMO Real Estate Partners, part of the Bank of Montreal Financial Group, where he was responsible for managing and growing the pan-European Real Estate Asset Management Business. Prior to that he was the Head of Retail and Investment Trusts at F&C Asset Management PLC where he managed the UK Retail Investment business and the Investment Trust business units and had executive responsibility for the property business and the Fund of Private Equity business.

Before this he worked for the Royal & Sun Alliance Group where he was Managing Director of the Unit Trust Company and an executive director of Royal & Sun Alliance Life Holding Company. He was later appointed managing director, Retail Business, and Chief Marketing Officer of R&SA Investments. Before being seconded to the UK he worked for Protea Assurance where he held the roles of chief executive of Protea Life and chief actuary. He is currently a non-executive director of Sesame Bank Hall Group (a subsidiary of AVIVA) and Chairman of its Audit Committee.

He was previously a board member of the Investment Management Association, the UK’s asset management trade body. Nick is a director of Liberty Holdings Limited, Liberty Group Limited and STANLIB Limited, and serves on the Group Risk Committee and Group Actuarial Committee.

Nick was appointed to the L2D Board on 14 June 2021.

Amelia Beattie
Amelia Beattie

Chief Executive, Liberty Two Degrees

Amelia Beattie
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Amelia Beattie

Chief Executive, Liberty Two Degrees

Committees: Social Ethics and Transformation

BCom, Certificate in Shopping Centre Management. Fellow of the Royal Institute of Chartered Surveyors (FRICS).

Amelia is the Chief Executive of Liberty Two Degrees (L2D) since listing the company as a Trust REIT in December 2016. In 2018, Amelia led the reconstitution of L2D to a Corporate REIT as well as the alignment of the company to investor preferences, effectively positioning the business for sustainable growth.

Today, L2D is co-owner in South Africa’s most iconic shopping centres, namely Sandton City, Nelson Mandela Square, Eastgate Shopping Centre, Melrose Arch and Liberty Midlands Mall among others across the country focused on creating experiential spaces to benefit generations.

Amelia’s experience spans 21 years in the property sector, initially established at Old Mutual Property in various postions before exiting her role as the Chief Operations Officer and then joining STANLIB in 2012 to establish the STANLIB Direct Property Investment business, before taking on the role at L2D.

Passionate about serving the property industry, Amelia was the President of the South African Property Owners Association (SAPOA) from 2014 to 2015. She is also past Chair of Women’s Property Network (WPN) and served as a trustee for the education trusts of WPN and SAPOA until 2018. Amelia was appointed to the SA REIT Executive Committee in 2021 and serves as the chair of the research committee.

On 21 July 2021, Amelia was inaugurated as the founding member of the WITS University Industry Advisory Board of the School of Construction Economics and Management. The Board consists of construction and property industry leaders, and aims to build stronger ties and nurture strategic relationships with the construction and property industry.

Jose Snyders
José Snyders

Financial Director

José Snyders
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José Snyders

Financial Director

CA(SA), BCom Hons (Financial Analysis and Portfolio Management) (UCT), BCom Hons (Financial Accounting) (UKZN)

José is a Chartered Accountant and a proficient dealmaker. He was appointed as the Financial Director of Liberty Two Degrees in March 2017. In this role, José is responsible for financial risk management, investment analysis and the capital structure of the REIT in addition to financial planning and record keeping. Before joining Liberty Two Degrees, José was a dealmaker in the Real Estate Investment Banking Division of Rand Merchant Bank where he was responsible for originating and implementing various transactions in the property sector.

José completed articles at PricewaterhouseCoopers where he serviced clients in the financial services industry with a specific focus on structured finance. Outside of the office, José is an endurance sports enthusiast and enjoys spending time with his family.

José was appointed as a Director of the Manager on 23 March 2017 following the approval by the Financial Services Board (FSB). 

Jonathan Sinden
Jonathan Sinden

Chief Operations Officer

Jonathan Sinden
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Jonathan Sinden

Chief Operations Officer

BSC QS (UKZN), MRICS PDP (UCT)

Jonathan’s experience spans 22 years in the property industry, with an excellent track record as Development Manager at Liberty Properties, Group Five and Absa prior to joining STANLIB as an Asset Manager in 2013. In 2016, Jonathan was appointed Asset Management Executive at Liberty Two Degrees (L2D) to manage Sandton City and Nelson Mandela Square, which today are arguably South Africa’s most prestigious and iconic assets.

In 2017, Jonathan was appointed Chief Operations Officer (COO) at L2D and was instrumental in the reconstitution and listing of the company as a corporate REIT in 2018. In his role as COO, Jonathan has been largely contributary in enhancing the quality of the L2D portfolio of assets which are positioned for growth while maintaining their robust nature.

In addition to his role as COO of L2D, Jonathan is also a member of RICS. Jonathan has a BSc in Quantity Surveying from the University of KwaZulu-Natal.

Steph Goodwin
Steph Goodwin

Human Capital Executive

Steph Goodwin
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Steph Goodwin

Human Capital Executive

BSoc Sc (UCT)

Steph has a track record spanning over 30 years in Human Resource Management with expertise in talent acquisition, change management, leadership development, performance evaluation, talent management and retention. She is a qualified coach and is skilled in strategically partnering with the organisation and providing the necessary tools, training, coaching, and oversight that the organisation needs for successful operation in building the employee value proposition.  

Steph joined Liberty Two Degrees in January 2017 as the Human Resources Business Partner. Her role at L2D entails strategically encouraging participation and engagement, providing insight and direction, leadership development, talent management and honest support to ensure optimal business performance. Steph has also worked with some of the biggest names in retail such as Makro and Massmart.

She enjoys spending time with her family and is happiest in the bush and wide open spaces.

Amelia Beattie
Amelia Beattie

Chief Executive, Liberty Two Degrees

Amelia Beattie
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Amelia Beattie

Chief Executive, Liberty Two Degrees

Committees: Social Ethics and Transformation

BCom, Certificate in Shopping Centre Management. Fellow of the Royal Institute of Chartered Surveyors (FRICS).

Amelia is the Chief Executive of Liberty Two Degrees (L2D) since listing the company as a Trust REIT in December 2016. In 2018, Amelia led the reconstitution of L2D to a Corporate REIT as well as the alignment of the company to investor preferences, effectively positioning the business for sustainable growth.

Today, L2D is co-owner in South Africa’s most iconic shopping centres, namely Sandton City, Nelson Mandela Square, Eastgate Shopping Centre, Melrose Arch and Liberty Midlands Mall among others across the country focused on creating experiential spaces to benefit generations.

Amelia’s experience spans 21 years in the property sector, initially established at Old Mutual Property in various postions before exiting her role as the Chief Operations Officer and then joining STANLIB in 2012 to establish the STANLIB Direct Property Investment business, before taking on the role at L2D.

Passionate about serving the property industry, Amelia was the President of the South African Property Owners Association (SAPOA) from 2014 to 2015. She is also past Chair of Women’s Property Network (WPN) and served as a trustee for the education trusts of WPN and SAPOA until 2018. Amelia was appointed to the SA REIT Executive Committee in 2021 and serves as the chair of the research committee.

On 21 July 2021, Amelia was inaugurated as the founding member of the WITS University Industry Advisory Board of the School of Construction Economics and Management. The Board consists of construction and property industry leaders, and aims to build stronger ties and nurture strategic relationships with the construction and property industry.

Jose Snyders
José Snyders

Financial Director

José Snyders
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José Snyders

Financial Director

CA(SA), BCom Hons (Financial Analysis and Portfolio Management) (UCT), BCom Hons (Financial Accounting) (UKZN)

José is a Chartered Accountant and a proficient dealmaker. He was appointed as the Financial Director of Liberty Two Degrees in March 2017. In this role, José is responsible for financial risk management, investment analysis and the capital structure of the REIT in addition to financial planning and record keeping. Before joining Liberty Two Degrees, José was a dealmaker in the Real Estate Investment Banking Division of Rand Merchant Bank where he was responsible for originating and implementing various transactions in the property sector.

José completed articles at PricewaterhouseCoopers where he serviced clients in the financial services industry with a specific focus on structured finance. Outside of the office, José is an endurance sports enthusiast and enjoys spending time with his family.

José was appointed as a Director of the Manager on 23 March 2017 following the approval by the Financial Services Board (FSB). 

Sumenthree Moodley
Sumenthree Moodley

Head of Analysis

Sumenthree Moodley
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Sumenthree Moodley

Head of Analysis

BBUSSC HONS (FINANCE) (UCT), CFA

Coming from a strong financial background at both ABSA Asset Management and the Public Investment Corporation SOC Limited, Sumenthree joined Liberty Two Degrees in 2017 as a Property Investment Analyst. She is skilled in financial modelling and the analysis of investment opportunities.

While at ABSA, Sumenthree was part of the team that was awarded the Raging Bull for Best South African Real Estate Fund for 2016.

During her eight year career, Sumenthree has performed fundamental research and analysis of companies in the listed property, retail and food producer sectors of the JSE. Her responsibilities at L2D include monitoring the operational performance of the portfolio, analysing trading patterns and financial returns against budgets and benchmarks and reporting hereon within the L2D reporting framework.

Heloise Mgcina

Marketing and Communications Executive

Heloise Mgcina
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Heloise Mgcina

Marketing and Communications Executive

BCom (UNISA)

Heloise has a track record of over 20 years in Marketing and Communications with expertise in brand management, digital marketing, sponsorship management and strategic communication.

She has worked across several industries including Telecommunications, Professional Services and Banking and on multiple brands such as Vodacom , Procter & Gamble and WesBank.

Heloise joined Liberty Two Degrees in January 2020. Her role entails strategically positioning the L2D brand in the market, while providing insights and direction across the portfolio. She is a passionate Marketer who immerses herself into the brands she is responsible for.

She enjoys travelling and is happiest when spending quality time with her family and friends.

Patrick Masithela

Chief Information Officer

Patrick Masithela
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Patrick Masithela

Chief Information Officer

MBA Finance and Strategy (Hult Boston USA), Post Grad Dip Accounting (University of Natal), BCom (UCT), B.Sc. (Hons) Computer Science (Rhodes University), Certificate in Fintech: Future Commerce (MIT)
Memberships: Institute of Directors South Africa (Since 2004)

Pat Masithela joined Liberty Two Degrees as Chief Information Officer effective 01 August 2020.

He is responsible for providing strategic and operational leadership for Information, Information Technology and Digital Transformation initiatives – these will primarily focus on how L2D continues to transform the retail environments to remain at the forefront of the changing retail environment. Patrick also participates in the development of the overall strategic direction of L2D, as part of the Management Committee.

Prior to joining L2D, Pat’s most recent position was that of Chief Specialist: Technology Value Office at Liberty. He is an expert in his field with over 20 years’ experience, a significant part of which was earned in the professional services environment.

He has had an impressive and diverse career path with roles across multiple disciplines including IT, Management Consulting, Strategy Development and Execution, General Management, Financial Audits and Risk Advisory.

Pat has a well-developed understanding of technology trends a meaningful deployment of technology to enable business strategy.

Ben Swanepoel
Ben Swanepoel

Company Secretary

Ben Swanepoel
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Ben Swanepoel

Company Secretary

Industry Experience: Over 10 years

Ben joined Stanlib REIT Fund Managers in April 2018 from SA Corporate Real Estate Limited where he was Company Secretary for a period of eight years. In this role he was also responsible for compliance and risk management of the JSE listed company and its approximately 40 subsidiaries. Prior to SA Corporate converting to a Corporate REIT, Ben was employed by Old Mutual Property which he joined as the Company Accountant in April 2000. During his stint at Old Mutual Property, Ben fulfilled various roles and was seconded to joint ventures in Saudi Arabia as Financial Manager for 3 years and to India as CFO for 18 months. He was also responsible for the secretariat function and risk management at these JVs.

Before joining Old Mutual Property, Ben held various financial and accounting positions in companies in the retail, services, importing and distribution and petrochemical industries. He spent four years working the United Kingdom mainly consulting as a financial manager.

Ben has extensive financial, property, corporate secretariat, governance, compliance and risk management experience in different corporate environments, across a number of sectors in four countries. 

He holds a post graduate qualification in Company Secretarial and Governance Practice from Chartered Secretaries Southern Africa (CSSA) and has a diploma in Marketing Management. In 2010 he obtained a certificate attended the Property Development Programme from the University of Cape Town Graduate School of Business.

He is a fellow member of CSSA and an affiliate member of the Compliance Institute.

Gareth Rees
Gareth Rees

Chief Risk Officer

Gareth Rees
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Gareth Rees

Chief Risk Officer

CA (SA), BCOM & PGDA (RHODES), DIP IN ADV. BANKING (UJ), MBA (GIBS)

With a strong finance and advisory background, Gareth joined STANLIB in 2016 from Merchant West with an impressive 20 years of experience in the financial field. During his career, he has been a Partner at Deloitte & Touche, Managing Director and the Head of Project Finance at well-known South African companies.

After his contribution as a core member of the team that listed Liberty Two Degrees on the Johannesburg Stock Exchange, Gareth took up the role of Finance Executive at Liberty Two Degrees. In this role, Gareth became an EXCO member in 2017 and is responsible for overseeing the overall financial scope of the company.

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