Velda Derrocks, regional manager

Port Elizabeth, Eastern Cape & Western Cape

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.