SENS: Arrowhead – change to the board of directors


Shareholders are advised that Riaz Kader has been appointed as executive director to the board of directors and as chief operating officer of Arrowhead, with effect from 8 May 2017.

Riaz has a BCom degree from the University of the Witwatersrand and 13 years’ property experience in residential, retail, office and industrial property. He was previously a director of Excellerate Real Estate Services Proprietary Limited t/a JHI, and has been involved in the management of Arrowhead’s property portfolio from the company’s inception. His responsibilities include overseeing the performance of the portfolio, with particular focus on leveraging efficiencies at national level, debt management, lease negotiations and ensuring that income is optimized.

The board welcomes Riaz and looks forward to his contribution to the company.