Oryx appoints new CEO

Oryx appoints new CEO Oryx Properties Limited, the only Namibian property company listed on the Namibian Stock Exchange, has announced the appointment of Carel Fourie as its new chief executive officer with effect from 1 March 2017.

Oryx Properties has a retail, industrial and office real-estate portfolio valued at about N$2.3 billion which generates a dependable, sustainable and growing income stream for investors. These include the major shopping centre Maerua Mall and office block in Windhoek, plus several industrial properties in South Africa.

Fourie, a chartered accountant, brings to his new position extensive experience in both Oryx Properties itself and the real-estate industry in general. He was appointed chief financial officer for Oryx Properties in 2011. In 2014 he took up the position of chief operating officer with the responsibility of participating in the development of the company''s investment strategy as well as evolving a management structure for the property portfolio.

Francois Uys, the chairman of the board of Oryx Properties, congratulated Fourie on his appointment, and added, “Oryx is well structured with suitably qualified and experienced staff which gives the board confidence that this is the right way forward. We''re completely confident that Mr Fourie is more than capable of taking on his new responsibilities.”

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