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Michael Deighton elected as new SAPOA President

Managing Director of Tongaat Hulet, Michael Deighton.

Managing Director of Tongaat Hulett, Michael Deighton, was officially elected as the new SAPOA President for 2015/2016 at the Annual SAPOA International Convention and Property Exhibition in Durban.

Head of STANLIB Direct Property Investments and Outgoing President Amelia Beattie handed over the Presidency to Deighton, wishing him well in his term.

“This has been a very special Convention for me,” said Beattie. Addressing Deighton, Beattie added, “I wish you well and I pass on the challenge to further the SAPOA Bursary Fund and add to the R40-million raised thus far”.

“I am deeply humbled and privileged to be able to be SAPOA’s President for 2015/2016,” said Deighton on stage at Convention.

Deighton thanked Beattie for all her efforts. “I would like to thank Amelia and all her hard work – I have huge shoes to fill”. Furthermore, Deighton paid tribute to SAPOA Chief Executive Officer Neil Gopal who he dubbed an inspirational leader. “The advocacy that we enjoy in the industry is due to Neil and SAPOA and we are thankful for the organisation,” noted Deighton.

Adding onto Beattie’s REAL in Real Estate phrase, Deighton shared his thoughts on the REAL pillars.

“While relationships are critically important, research is just as crucial. We need to collaborate on research with each other and with government in order to acquire better data which can help pull us together and help move the country forward,” explained Deighton.

In terms of the E, said Deighton, SAPOA must not lose sight of education. “Education is a central priority. We will be establishing a further initiative in order to see where we stand in terms of skills needs,” he added.

“With advocacy, we need to be advocates for success. Lastly, leadership is key – leadership allows us the ability to change our landscape and move things forward. We need to innovate and inspire,” said Deighton.

At Convention, Deighton announced the SAPOA Board of 2015/2016. “I am proud to be working alongside the SAPOA Board,” said Deighton.

The SAPOA Board constitutes SAPOA Chief Executive Officer Neil Gopal; Head of STANLIB Direct Property Investments and Outgoing President Amelia Beattie; Executive Director at Vukile Property Fund Dr Sedise Moseneke; Managing Director of Halls & Sons James Aling; Director at ProAfrica Properties David Green; Chief Executive Officer of Dipula Property Fund Izak Petersen; Managing Director of Old Mutual Property Peter Levett; Chief Investment Officer of Motseng Investment Holdings Ipeleng Mkhari; Vuyani Hako of the Public Investment Corporation; Independent Non-executive Chairman of Fortress Income Fund Limited Jeffrey Zidel; and Managing Director of JHI Properties Nomzamo Radebe who is President Elect of SAPOA 2015/2016.

Deighton paid homage to Executive Director at Growthpoint Properties, Estienne de Klerk, and Chief Executive Officer of Pareto Limited, Marius Muller who have resigned as SAPOA Board members.

“To Estienne and Marius, both of you have had a great impact on the organisation and I commend you for your ability to juggle your executive duties and your service to our industry,” said Deighton.

“We have initiated a Lifetime Achievement Award Committee which will recognise stalwarts of the industry. The award will be the most prestigious accolade, honouring dedication and excellence in leadership,” noted Deighton.

The industry can look forward to the first award being presented at the 50th Anniversary of SAPOA in 2016, said Deighton.

Deighton’s humble reflection on the industry is its people. “It’s really about the people. People make a difference. Risk is about people and their behaviour. In this world, humanity seeks an anchor,” concluded Deighton.