Delta Property Fund: Shaneel Maharaj

Shaneel Maharaj has been the Chief Financial Officer of Delta Property Fund since December 2015.

Shaneel Maharaj completed his B.Com (Honours) degree at the University of KwaZulu-Natal and articled at Deloitte. He has also completed a Higher Diploma in Taxation. He started his career as a Financial Manager with Imperial Fleet Services followed by JSE-listed Cargo Carriers Limited, where he was the Group Financial Manager for three years before assuming the role as CFO.

He spent six years as CFO of Cargo Carriers, assuming a strategic role in its overall management including its subsidiary companies within South Africa and sub-Saharan Africa. Shaneel joined Delta in December 2015 as CFO and was appointed to the board at year-end February 2016.

Work
2015 – Present    Chief Financial Officer, Delta Property Fund
2019 – 2015         Chief Financial Officer, Cargo Carriers
2006 – 2009         Group Financial Manager, Cargo Carriers
2002 – 2006         Financial Manager, Imperial Fleer Services
1999 – 2001         Trainee Accountant, Deloitte

Education
2010 – 2011         H.Dip Tax, International Tax Institute
2001                       CA (SA)
1999 – 2004         B.Com Hons, Finance, University of KwaZulu-Natal 

About Delta Property Fund: Delta is a predominantly sovereign-underpinned fund that is represented in all nine of South Africa’s provinces. One of Delta’s key objectives from the outset was to diversify the portfolio into other high-growth assets classes. This has been achieved through a number of strategic acquisitions, including key retail and industrial assets.

Delta successfully listed on the JSE Limited on 2 November 2012. The portfolio at the time comprised on 20 properties valued at R2.1 billion and with a market capitalisation of R1.35 billion.

Delta Property Fund reported a revenue of R1.617 billion in 2017.