A new board of directors has taken control of Treoc International Limited following the resignation of Founder Coert Coetzee from all directorship and management positions.
The new and highly experienced team has been appointed to restructure and position Treoc International for future growth.
Treoc, the prominent property education group, with head office in Somerset West, Cape Town, has been at the forefront of property, Trust and wealth education in South Africa for more than a decade.
The new Board is made up of CEO Ryno Venter, CFO Johannes Maree, Chairman Jacques Magliolo and non-executives Philip La Grange, Dr. Bruce Malumane, Marianne Snyman and Munya Shamuyarira.
Coert Coetzee, who recently indicated his desire to step aside from heading up the company in any way, publically said: “Treoc must adapt to the new corporate governance structures of South Africa. This is a critical time for Treoc and to achieve its true growth potential Treoc needs ambitious and highly diligent CEO and CFO, with strong support of a new Board; one which meets all King III corporate governance criteria.”
Ryno Venter, who has accepted the position as CEO, is a highly qualified legal professional with previous senior positions and vast experience in heading up complex legal Trust structures in the property industry.
Treoc is one of the largest private companies in South Africa which administer trust structures for private clients.
Coetzee commented: “We are very grateful to Ryno for his input as CEO, and more especially the pivotal role he will play during the forthcoming re-positioning of the group.”
The appointment of non-executives was rapidly followed with the appointment of King III sub-committees. The new chairpersons of the committees have started their duties in establishing corporate goals in the audit, remuneration and risk fields.
Venter says: “We are absolutely delighted to have people of such high calibre joining us at Treoc. All the directors will bring very specific skills and a wealth of experience to The Board. Their presence will further enhance Treoc’s planned restructuring and repositioning for the future.”
New Chairman Jacques Magliolo says: “The Board aims to take Treoc to new corporate governance levels of excellence. We will have a stronger skills base on which to draw as we make further strategic investments in the property and property education-related industries, and the Board’s presence and guidance will make Treoc an even more attractive proposition to investors.”
Magliolo is a corporate strategist with more than two decades experience as an economist, corporate advisor to multinationals and an internationally famous author and speaker.
Johannes Maree CA (SA), new CFO’s experience adds significant value to Treoc, especially as the company enters the next phase in its evolution. His financial management background and skills are ideally suited to Treoc as the group intends positioning itself as the predominantly exclusive niche property education group in South Africa within the medium term.
Venter adds: “Johannes brings a wealth of experience to Treoc International. He will be able to restructure the Group’s finances with immediate depth of knowledge as to how the group will function in future.
“I’m thrilled he’s joining us. On top of his solid financial acumen, his strong organisational leadership has already been a real asset for Treoc, with the Group currently being streamlined.”
Magliolo said: “Today is a major milestone for Treoc and another step closer to achieving our intended restructuring and repositioning for accelerated growth.
“Our task is clear. We have not only placed our shareholders’ interests at the forefront of accelerated growth plans, but also a greater focus on improving product ranges, Agency Agreements and partners. “
Ryno Venter: CEO
After achieving 5 distinctions in Matric Mr Venter entered the law programme in 2000 at the University of Stellenbosch and received his BA Law degree in 2003.
In January 2008 he took up a franchising opportunity in the property market with Treoc Property Manager Helderberg. He also served as an estate agent with Treoc Property Exchange during this period of time.
In November of the same year the Treoc group approached him about a trust advisor position at their new Trust company, Treasury Trust Services – formerly known as Treoc Trust Services. He seized the opportunity to re-enter the legal field.
Venter not only co-wrote the current trust deeds used by the company, but he also wrote the operations manual. In January of 2011, he entered the post-graduate programme at the Centre of Financial Planning at the University of Free State, and in September of 2012 Mr. Venter passed the examinations to satisfy a Post Graduate Diploma in Financial Planning.
He was inducted into the Financial Planning Institute of South Africa as a Certified Financial Planner® three months later.
In September of 2011 he also became an elected member of the Fiduciary Institute of South Africa as a senior trust administrator, senior will drafter and senior financial and estate planner. In February 2013, Mr Venter was nominated and shortlisted for election as a national councillor on
the governing board of the Fiduciary Institute of South Africa. He is also registered as General Tax Practitioner (SA)™ with the South African Institute of Tax Practitioners.
Johannes Maree: CFO
Johannes is a Chartered Accountant (SA) with experience in various industries including, among others, Retail, Manufacturing, Property Investment, Property Development, Construction, Estate Agents, Agriculture, Engineering Consulting, Financial Services, Fishing, Healthcare, Aviation, Hospitality, Logistics and Wholesale.
Johannes obtained through his articles and time spent in both financial and audit management positions. He specializes in financial & management reporting, forecasting & financial modelling, systems design & implementation and strategy.
After school, he completed a B.Acc degree at the University of Stellenbosch, graduating in 2004, and subsequently obtained a B.Compt (Hons) degree from UNISA.
Jacques Magliolo: Chairman
Jacques is an economist, stockbroker and corporate strategist. His experience since 1987 includes hostile takeovers, mergers and acquisitions, equity and economic research for multi-nationals and international stock exchange listings.
In the past 15 years he has been a director, strategist and head of research for numerous sponsors and designated advisors in South African and today is managing director of Business Consultants International Group of companies.
He is an internationally acclaimed author of 12 financial books, including three university textbooks.
A focus of Magliolo’s consultancy is on assisting entrepreneurs to restructure their firms to become more efficient and ultimately more profitable. He has developed a four phase approach to corporate intelligence, which includes market research and analysis, due diligence, business plans, corporate profiles and implementation strategies.
Magliolo’s clients are from both listed and private firms and advice to clients is on long-term basis – helping them through the entire process to achieve business goals.
Moroccan born Magliolo immigrated to South Africa in 1969 and today lives in Cape Town.
Snyman is an independent management consultant with 27 years of business experience in the corporate, consulting and retail environment. She has extensive and specialist experience in human resources, customer service, communication, strategic planning, project management, disaster management and business continuity management.
She has a passion for people development, with an extensive involvement in management development programmes. Snyman has managed a broad array of projects ranging from business improvement, process re-engineering, technical maintenance, systems, and education and development projects. Her project management experience allows her to design and implement large cross-functional projects.
She holds a B Comm. (Industrial Psychology) degree and Project Management qualification from the University of Pretoria.
An accomplished executive in various industries with over a decade of diverse professional experience, Shamuyarira employs a wealth of knowledge and outstanding business acumen in his role as CEO of MGS Holdings Proprietary Limited, a successful business group divided into subsidiaries that cover the areas of Contract and Permanent Placement, Product and Process Development within the food industry and Mining Consultancy within the mining industry.
He gained a considerable amount of knowledge from his extensive experience in the corporate world. He worked for industry leaders such as South African Breweries, National Breweries, Unilever SA, Fonterra of New Zealand, Clover Dairies South Africa, and Coca Cola South Africa.
Shamuyarira is highly educated with a Master of Science degree in Dairy Science and Technology from Massey University, graduating with Honours. In addition to this, he also earned a Master’s
degree in Business Leadership from the University of South Africa, Graduate School of Business.
Dr. Bruce Malumane
Dr Malumane studied Medicine at the University of Natal and graduated at the age of 20 with an MBChB degree. He started work for the government in 2003, and is currently employed as a Clinical Manager at Mapulaneng Hospital – his birthplace.
He is passionate about providing high quality healthcare to marginalised communities and providing good quality housing to people as a wealth building tool. He has extensive Managerial experience in the Public Healthcare and Labour sector.
Philip La Grange
Philip La Grange obtained his master’s degree in engineering Cum Laude from the University of
Stellenbosch in 2002 and also obtained his MBA, He worked as an electronic and software engineer in various fields such as designing satellite systems and writing software on diverse platforms.
From 2009 until 2014, he worked on the MeerKAT Telescope developed by SKA South Africa where he was the system engineer for the receiver subsystem and also performed project management.