DURBAN - Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.
Atterbury founded a European business in 2014 effectively managed from the Netherlands by Chief Executive Henk Deist.
Armond Boshoff has been appointed Chief Executive of Atterbury (Southern Africa) after serving 15 months as Deputy Chief Executive and before that as Head: Corporate Finance and Treasury at Atterbury Europe. Former Chief Executive Louis van der Watt will become Group Chief Executive. Both appointments are effective from 2019.
Louis will retain a key strategic role in growing Atterbury’s property asset base in Southern Africa and Europe.
Louis said, "We're thrilled to appoint Armond as Chief Executive. His expertise, business experience and knowledge of Atterbury are invaluable to its future".