Directors of the company
Dan Pascariu (57), Chairman
Dan Pascariu is a senior figure in the Romanian financial industry. He started his career with the Romanian Bank for foreign Trade in 1973, becoming its Chairman and CEO in 1990. Between 1994 and 1996 he was the CEO of Banca Bucuresti, a newly created banking institution by Alpha Credit Bank of Greece and European Bank for Reconstruction and Development as well as Chairman of the Board of Bucharest Investment Group, the investment banking arm of Banca Bucuresti. Between 1996 and 1998 Mr. Pascariu was Chairman of the Board of Creditanstalt Financial Advisors, the investment banking arm of Creditanstalt Bankverein of Austria.
From 1998 to June 2007 he was the Chairman and CEO of the Bank Austria Creditanstalt banking subsidiary in Romania. Following its merger with the local subsidiary of Unicredit, since June 2007 he has been the non-executive Chairman of the Board of Unicredit Tiriac Bank. Mr. Pascariu is also a non-executive Board member of the leasing, investment banking and building society subsidiaries of the Unicredit Group in Romania.
Mr. Pascariu was the founder and first President of the Romanian Banking Association between 1991 and 1994, as well as a cofounder and associate Professor at the Romanian Banking Institute.
Desmond de Beer (47), Director
Desmond de Beer has significant property investment and management experience. He spent several years in the banking industry, first with Barclays Bank in South Africa where he was initially appointed to the executive development programme, and subsequently as bond manager at Barclays Trust in 1988. From 1989 he was employed by the Nedbank Group in various property finance related positions, culminating in his appointment as General Manager Corporate Equity and his membership of the executive committee at Nedcor Investment Bank Ltd ("NIB"). Since 2003 Mr. De Beer has been the managing director of Resilient Property Income Fund Ltd (listed on the JSE in South Africa). Mr. De Beer is also director of the asset management company of JSE listed Capital Property Fund and non-executive director of JSE listed Pangbourne Properties Ltd. Mr. De Beer holds a BProc and a MAP from the Wits Graduate School of Business. He is also an alternate director of the Investment Advisor.
Dewald Joubert (37), Director
Dewald Joubert is an admitted South African advocate. His corporate experience relates to advising multinational groups on international tax and corporate governance matters. In addition to his position on the board of the Company, he also currently serves as an independent non-executive director on the board of Anglogold Ashanti Holdings plc.
Previously he served on the board of Pangea Diamondfields plc and on the boards of key operating and investment holding subsidiaries of the Dimension Data Group and the Nampak Group, where he participated in oversight of treasury and trading operations. He worked with the South African Revenue Services between 1996 and 1998, Arthur Andersen's tax practice in South Africa between 1999 and 2000 and thereafter practiced tax law as a registered legal practitioner out of the Maitland Group's Isle of Man office, where he was a director of the firm from 2006.
Mr. Joubert currently works as an independent consultant to the Maitland Group after joining a private investment group in July 2008. He holds a Bachelor of Commerce and Laws.
Michael Mills (61), Director
Michael Mills is an experienced public company chairman and managing director with significant operating and financial experience. A chartered accountant, he has worked across a range of sectors including technology, engineering, service and distribution, paper and packaging, food and textiles. He has had considerable involvement in mergers and acquisitions activity, turnarounds and rescues in the public sector, and has held senior financial roles in BTR plc and Bunzl plc as well as five years in private equity as a director of Apax Partners.
Mr. Mills' recent positions include, amongst others, chairman of Advance Value Realisation Limited, non-executive director of Ultrasis plc, managing director of Atlas Medical Recruitment Limited, chairman of Athanor Capital Partners Limited, chairman of Legacy Distribution Group Inc. and CEO of Drew Scientific Group plc.
Martin Slabbert (38), Director
Martin Slabbert has 12 years' of experience within the finance industry where he initially gained experience in mergers and acquisitions, turn-around and financial restructuring through positions at Arthur Andersen and HSBC Investments Services (South Africa) (Pty) Ltd. In 2001, Mr. Slabbert joined the Nedbank Group via NIB and held the positions of senior vice president for shareholders' funds and member of the executive committee at NIB, and later general manager in the capital management cluster of the Nedbank Group. His focus was on the restructuring and disposal of non-core assets, mitigation of large bank exposures and investment banking transactions. This included a one year secondment to Premier Foods Ltd as CFO to assist with the group's turn around.
More recently, Mr. Slabbert held the position of partner of financial advisory services for Deloitte Central Europe, heading the financial advisory practice in Romania, the corporate finance practice in the Balkans and the Deloitte Central Europe corporate finance advisory industry sector teams. Mr. Slabbert holds a Bachelor and a Masters of Commerce and a Bachelor of Laws.
Mr. Slabbert is an executive director of the Investment Advisor.
Steven Van Den Bossche (43), Director
Steven Van Den Bossche has over 20 years experience in the construction and interior design of commercial properties. In 1984, Mr. Van Den Bossche founded Van Den Bossche Contracting NV, a company specialising in construction and interior design of bank outlets, developing strong relationships with key financial institutions. In 2005, the company entered the Romanian property market. Thereafter, Mr. Van Den Bossche co-founded Bel Rom Real Estate ("Bel Rom"), a developer of commercial real estate in Romania. To date, Bel Rom has developed five retail parks and a number of others are under development.
Jeff Zidel (58), Director
Jeffrey (Jeff) Nathan Zidel has been a successful property developer and investor and has been involved in all aspects of the property industry for 38 years. He has been three time past president of the Roodepoort Chamber of Commerce. He is currently chairman of Fortress Income fund Limited a listed property company on the Johannesburg Stock Exchange(JSE). Also Chairman of Proptrax a property ETF also listed on the JSE. As well as non executive director of Resilient Property Income Fund Limited a listed company on the JSE, which is a substantial investor in NEPI.
