Exco

Barry Chapman is the Credit & Risk Executive at TUHF Holdings, responsible for leading and managing the organisation’s credit risk strategy in alignment with business objectives. His role encompasses oversight of credit assessment, portfolio and arrears management, contractual and compliance governance, and the restructuring and recovery of distressed loans. Barry plays a key role in optimising credit processes and enhancing efficiency across the loan lifecycle.

Since joining TUHF in October 2024, Barry has implemented several key initiatives, including a revision of the FICA process to accelerate credit approvals, the introduction of a system-driven approach for smaller value deals to improve turnaround times, a review of TUHF’s credit appetite and business strategy across urban and suburban markets, and a redesign of the Delegation of Authority process to align with best practices. He has also spearheaded marketing strategies to streamline the disposal of properties in possession.

Before joining TUHF, Barry served as Chief Executive Officer of a private property development group, where he oversaw strategy across multiple asset classes, corporate governance, capital raising, and portfolio growth. His leadership was instrumental in executing major transactions such as a R900 million acquisition of a residential portfolio, securing R500 million in funding for a retail development and implementing governance structures and incentive schemes that professionalised the business.

Prior to that, Barry spent eight years at Sasfin Bank, where he was Head of Commercial Property Finance and Property Equity. He successfully repositioned the business from an equity-focused investor to a niche property lender, achieving a turnaround from loss-making to profitable within two years. His tenure saw the implementation of new products, systems, and a high-performance culture, as well as major investments in residential, student accommodation, and industrial property portfolios. Earlier roles include External Consultant at Investec Private Bank, Senior Sales Specialist at FNB Commercial Property Finance, Project Accountant at Babcock Equipment, and Assistant Audit Manager at PricewaterhouseCoopers.

Barry qualified as a Chartered Accountant (CA) SA in 2003 after completing his articles at PwC, where he gained extensive experience auditing leading listed and unlisted clients including SABMiller, Aspen Pharmacare, Kraft Foods, and Bausch & Lomb. He holds a Bachelor of Commerce (Accounting) and a B.Com (Hons) in Financial Accounting from the University of the Witwatersrand and Rand Afrikaans University respectively, and has passed both parts of the SAICA and PAAB qualifying examinations.

With over two decades of experience in property finance, risk management, and credit structuring, Barry brings a deep understanding of financial governance, deal origination, and portfolio optimisation — making him a pivotal contributor to TUHF’s strategic objectives and sustainable growth.

Tebogo Moseamedi is the Treasury Executive at TUHF, managing the overall liquidity within the company, Asset management, Treasury and Risk Management and Managing compliance with funder agreements.

He has held a position of Asset and Liability Management Manager at Standard Bank, Group Treasury Manager at Bayport Financial Services, and Head of Funding and Liquidity Optimisation at ABSA Bank. Tebogo holds a Bachelor of Accounting (Honours) and CA (SA).

Nico has been TUHF’s IT Executive since July 2020 and has been involved in Executive IT Management since 2007. His career in Information Technology Management began in 2000, when he was the Lead Architect for a multinational technology company specialising in large scale digital image processing, while concurrently completing his BSc (Hons).

In 2006, Nico joined Soft Audit, a Software Development company offering specialised audit and governance management software for the Banking, Mining and Power sectors. He drove their development strategy and became their Chief Solutions Architect, implementing a large-scale Enterprise Governance Solution for Eskom Holdings spanning the length and breadth of the organisation from Transmission, Distribution, Generation and Executive Management, with a touchpoint of over 10 000 users.

When Innovate Governance Solutions acquired Soft Audit in 2007, Nico was appointed as the CIO and continued expanding and servicing the Eskom contract, as well as the Mining and Banking portfolio. In 2014 Nico was in-sourced by 20Twenty Projects as their CIO/CTO to manage the IT roll-out of their extensive condition assessment project for the Department of Public Works and develop a multi-tiered platform to automate and manage their multi-province condition assessment projects.

In 2015, he drove multiple projects and achieved the GC Mark – a German Certification in information security and the first of its kind in South Africa.

Nico holds a BSc (Hons) in Computer Science & Information Technologies.

Velda Derrocks joined TUHF as the Regional Manager for the Cape Coastal region in 2017. She began her career in 2000, joining a management training programme at Absa and then moving into Absa Commercial Property Finance. She stayed with Absa until 2011, then joined Standard Bank Real Estate Finance to manage their commercial property finance division in the Eastern Cape. Velda has also worked at Investec Private Bank as an external property consultant.

Throughout her career, Velda has been involved with projects ranging from a few million Rands in investment up to R500 million. She believes that every project is unique and presents an opportunity to develop the economy and grow the property market.

Velda holds a BEcon, Commerce (Stellenbosch University), BComm Honours in Financial Management as well as two Masters degrees – an MBA and an MPhil in Development Finance, both from Nelson Mandela University. She is also an Associate of the Institute of Bankers in South Africa. She also recently completed an International Housing Finance Programme at the Wharton School, University of Pennsylvania.