Atterbury moves forward in its leadership succession plan, restructuring and realigning its executive management.
South African real estate developer and investor Atterbury South Africa has appointed Armond Boshoff as CEO. Armond has served as the deputy CEO for 15 months and before that as head of Corporate Finance and Treasury at Atterbury Europe.
Former Atterbury South Africa CEO Louis van der Watt has been appointed as Group CEO. He will retain a key strategic role in growing Atterbury’s property asset base in Southern Africa and Europe.
Commenting on the leadership changes, Louis says:
“We're thrilled to appoint Armond as CEO. His expertise, business experience and knowledge of Atterbury are invaluable to its future.”
Louis adds, “As Atterbury celebrates its 25th year, we are in a confident position for the future with a strong leadership structure that has been carefully designed to create continuity of management and corporate culture for the future. Atterbury is made up of the best minds in the business with a diverse team of talented people. Our new leadership ensures that Atterbury will remain relevant, successful and sustainable for the next 25 years.“
Armond says: "As co-founder of Atterbury, Louis is integral to our leadership and we will continue to benefit from his vision, vast property experience, dealmaking acumen and business development skills. We will continue to grow Atterbury from the strong foundations that it has established over the past 25 years by building on its legacy of property development that catalyses growth and improvement in the economy and society.”
Both appointments are effective from 2019.