Exco

Lusanda Netshitenzhe, Development Impact Executive

Johannesburg, Gauteng

Lusanda has worked in the property industry for over 15 years. She started her career in property management and community development at Cope Housing Association and later moved to the Support Programme for Social Housing where she gained valuable experience in fund management and supply chain management within the property development sector.

She joined TUHF in 2007 as Portfolio Manager and in 2009 she started our operations in KwaZulu Natal before returning to Head Office in 2015 to take on the position of Development Impact Manager taking care of the Jobs Fund requirements and other development impact projects.

Lusanda holds an MBL from UNISA and an MSc in Development Planning from Wits University among other qualifications.

Ilona Roodt, Financial Director

Johannesburg, Gauteng

Appointed to the board: December 2016

Ilona Roodt is a Financial Director at the TUHF, managing the entire financial process within the company. Her role includes Financial reporting, Policy development and implementation, Treasury and Risk Management, Governance and regulatory compliance.

She held the positions as financial manager at Standard Bank Property Finance & Advisory services, Portfolio Manager for Rand Merchant Bank, (a Division of First Rand Bank Ltd) and Credit Manager and Corporate & International Credit at Nedcor Bank.

Ilona holds a B.Com (Accountancy, Auditing, Commercial Law), C.T.A./B.Compt (Accountancy, Auditing, Tax), PAAB Qualifying Exam – CA (SA), JSE Compliance Officer Rules Exam, Mortgage finance (Wits Business School), Property Development Programme (SAPOA), H. Dip Tax, and an International Housing Finance Program (Wharton Business School, Pennsylvania) qualification.

Paul Jackson, Chief Executive Officer

Johannesburg, Gauteng

BSc in Agricultural Economics (University of Natal), BSc (Hons) in Agricultural Economics (University of Pretoria), Property Development Programme (University of Cape Town) 

Appointed to the board: 21 May 2003

Paul Jackson has been TUHF’s CEO since inception in 2003 and has been involved in development finance since 1987. Prior to his appointment as CEO at TUHF, Paul held positions as senior operations manager at the JHC, general manager for the Transitional National Development Trust (TNDT) and divisional manager for southern Africa at the Development Bank of Southern Africa. While he was at the TNDT, the company was awarded first prize by the JSE/Deloitte & Touche for corporate governance with a special acknowledgement for excellent achievement. Paul has held board directorships on the Mvula Trust, Alexander Social Housing Company, Brickfields Housing Company, Johannesburg Social Housing Company and Centre for Affordable Housing Finance.

Belinda Cooke, Legal and Compliance Executive

Johannesburg, Gauteng

Belinda gained the bulk of her experience at Standard Bank Property Finance working  in various positions for over 19 years. She has also worked as an Acquisition Associate for International Housing Solutions prior to joining TUHF in 2008.

Sivan Govender, operations manager

Johannesburg, Gauteng

Sivan holds a Bachelor degree in Accounting Science. Before joining TUHF in 2015, he spent 13 years at Old Mutual Property, where he held the roles of regional general manager and regional finance manager for four and three years respectively. During this time, Sivan was responsible for managing over R10bn in assets under management.

Velda Derrocks, regional manager

Port Elizabeth, Eastern Cape

Velda holds two Masters Degrees from the Nelson Mandela University in Port Elizabeth, one being in Development Finance and the other in Business Administration. She completed her undergraduate degree in Commerce at Stellenbosch University and completed a specialised Honours degree in Financial Management at UNISA.  Before joining TUHF, Velda spent 14 years as a senior commercial property finance manager at ABSA, Standard Bank and more recently, Investec Specialist Bank.

Nano Makwela, Portfolio manager

Johannesburg, Gauteng

A founding member of TUHF, Nano holds an MSc in development studies from Leeds University in the United Kingdom. He began his career at the Directorate for Development Planning in North West Province in 1992, before moving to the South African Housing Trust in 1994. Nano joined TUHF in 1999, when it was still known as the Inner City Housing Upgrading Trust (ICHUT).