Casino and leisure giant Sun International has scooped up property industry executive Nomzamo Radebe – the Chief Operating Officer (COO) of JSE-listed SA Corporate Real Estate – to join the group.
Sun International CEO Ulrik Bengtsson announced this week that Radebe has been appointed as the group’s new COO for Hospitality and Sales. Radebe takes on a role previously held by Graham Wood, who exited last year and became CEO of the V&A Waterfront this month.
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Radebe will step into the new COO role from 2 February.
Bengtsson said the group is confident Radebe “will play a pivotal role in bringing new insights” to its hospitality and property businesses.
“This marks another exciting step in our progression as we continue to build Sun International’s world-class capabilities, which include taking a fresh perspective on our business, and pursuing our ambition to become a digitally led, market-leading, omnichannel gaming company of scale,” he added.
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Radebe is a Chartered Accountant (CA SA), with over 27 years of experience as a property executive. She has also held several industry roles, including president of the South African Property Owner Association (Sapoa) and the South African Council of Shopping Centres.
Radebe remains a board member at Sapoa.
“Her impressive resume includes being the COO at SA Corporate Real Estate Ltd, along with being CEO of Excellerate JHI. She also served as the Chief Investment Officer and Financial Director at Pareto Limited and was a Director at National Treasury,” Sun International noted in a statement.
“The depth of Radebe’s experience in property asset management and portfolio optimisation includes leading high-performing teams managing property portfolios valued at over R10 billion, along with driving strategic growth, assessing risk management and ensuring regulatory compliance,” it added.
Commenting on her appointment, Radebe said she’s excited to join such a strong brand like Sun International.
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“I look forward to interacting with the various teams to drive performance and deliver on our business strategies and value creation plans in the hospitality division,” she said.
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According to Sun International, Radebe brings extensive experience in property redevelopment, business repositioning and digital transformation.
“Along with the depth of her real estate sector experience, Radebe’s strategic focus areas have included mergers and acquisitions, treasury management and stakeholder engagement,” the group said.
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