The board of directors of ACCELERATE PROPERTY FUND LIMITED announced that Mr. Pieter Grobler, Head of Finance and Treasury, has been appointed as Interim Chief Financial Officer with effect from 1 April 2023 to succeed Mr. Dimitri Kyriakides, in an interim capacity while the Company's Nominations Committee attends to the appointment of a new Chief Financial Officer, which the Company hopes to have concluded by no later than 3 August 2023. Mr. Kyriakides will be retiring as the Company's CFO on 31 March 2023. Mr. Grobler is a CA(SA) with a B.Acc (Hons) from the University of the Free State.

Prior to joining Accelerate, he worked within the financial services division of Ernst & Young as a senior manager with a focus on property sector audit and advisory. He was appointed as Accelerate's Head of Finance on 1 January 2015, and subsequently as Head of Finance and Treasury on 12 August 2019.