Board member

James Howard was a Portfolio Manager with Futuregrowth Asset Management from 1998 to 2019 when he stepped aside to focus on serving on the boards of some Futuregrowth portfolio investee companies. His experience and successful track record in capital raising and application, and in managing developmental projects such as low-cost housing via Futuregrowth’s Development Equity Fund is a valuable addition to our Board. James’ understanding of the balance between making a difference to communities and achieving stable risk-related returns for stakeholders aligns well with TUHF’s vision of creating impact through scale, as a good business doing good.

James has a BCom degree from Stellenbosch University. His work experience before he joined Futuregrowth includes major parastatal Transnet and private-sector leader Anglo American Corporation.

Nindiphiwe is an experienced finance executive currently in the renewable industry (IPPs). She has worked in private equity, financial services and audit. She is skilled in financial & risk management, auditing, project finance and governance.

She is a Chartered Accountant with a BCom and Higher Diploma in Accounting from Rhodes University. She has passed CFA level II.

Faith Khanyile has over 25 years’ experience in the Financial services sector including corporate and investment banking, private equity and social impact investing.  She spent 12 years in Senior and Executive positions at Standard Bank, Corporate and Investment Bank (“CIB”) from 2001 to 2013 and was the CEO of WDB Investment Holdings until April 2022.

Faith is an experienced non-executive board director of private, publicly listed companies and not for profit companies.  She serves on the boards of the Johannesburg Stock Exchange ( JSE) listed,  Discovery Limited, the JSE Limited and Bidvest Limited.  She also serves on the Board of Primestars, a social business that is involved in youth education and empowerment, she Chairs the GBVF Fund ( established in February 2021 by the private sector in partnership with the South African President to fight GBVF scourge in South Africa and the International Women’s Forum (IWFSA).

Rob Wesselo joined TUHF’s Board as a non-executive director in April 2023. An Admitted Attorney, Rob has extensive experience in construction, banking and property finance. He has previously sat on the Boards of Group Five Building and Pangbourne Property Fund, bringing valuable know-how to TUHF’s Board.

Rob has been the Managing Director at International Housing Solutions since September 2010. This role sees him adding fund management experience specific to affordable housing and residential property across South Africa and Sub-Saharan Africa to TUHF’s Board. In addition, Rob has developed and managed affordable rental housing units at scale, successfully listed the first Residential Fund on the JSE and has engaged with international DFIs on affordable and social housing efforts in Sub-Saharan Africa.

Palesa Kadi holds a Masters and BA (Hons) in Political Studies and Comparative Economics from UWC, Post Graduate Diploma in Management, Wits and is currently completing her PhD  with Research Chair in Critical Architecture and Urbanism at the University of Pretoria. She also holds academic qualifications in Ethics, Technology Governance, and Digital Disruption Strategies, amongst others.

Palesa has held Director and Executive positions at a number of public sector entities, including Nelson Mandela Bay Municipality, the National Department of Tourism and ICASA. She serves in various boards and Trusts including National Housing Finance Corporation, South African Broadcasting Corporation,  Karoshoek Solar Community Trust and Cricket South Africa. Her expertise in public policy development, corporate governance and risk management, strategic business planning and corporate communications are a valuable addition to TUHF’s Board make-up.

BCom (Unisa), Programme for Management Development (Harvard Business School)

Appointed to the board: 21 May 2003

Samson Moraba is the chief executive officer of the National Housing Finance Corporation (NHFC) and has served as a member of the licensing committee of the Financial Services Board since 2004. He currently serves on numerous boards, including the Cape Town Community Housing Company and Community Property Holdings Limited.

Samson was previously an executive director: IT at Standard Corporate Merchant Bank (SCMB), where he also served as a member of the business prioritisation committee. Samson has also served as a senior consultant at Gemini Consulting and manager within the Corporate Finance Division of JCI.

Furthermore, from 2004 to 2007, he served as the chairman of the African Union for Housing Finance and was on the standing committee for the revision of the 1990s Bank Act at the South African Reserve Bank.

CA(SA)

Appointed to the board: 1 August 2009

Robert Emslie has more than 30 years’ experience in the financial services sector and has held positions as the head of Absa Business Banking, Absa Africa and Absa Corporate and Business Bank. He was also a member of the Absa Group EXCO and during his time at Absa he was a board member of the following listed companies: Paramount, Ambit and Commercial Bank of Zimbabwe.

Robert retired from his career in the banking industry in 2008 and currently serves on the boards of several unlisted and listed companies including SilverBridge Holdings Limited, Finbond Group Limited and New Europe Property Investments plc.