Board of Directors

Hatla Ntene

Chairperson - Independent Non-Executive Director

BSc (QS), Dip. Con. Econ, Dip. Civ. Eng, PRQS, PMAQS, Pr.CPM

Hatla’s qualifications include a Bachelor of Science (Quantity Surveying) degree from the University of Dublin, a diploma in Construction Economics from the Bolton Street College of Technology in the Republic of Ireland and a diploma in Civil Engineering, Lerotholi Polytechnic. Hatla is currently Executive Chairman of Mvua Property Partners and Pulaprop. He is a Non-Executive Director of a listed retail property fund company. Hatla was previously a partner in Farrow Laing Ntene, one of the largest quantity surveyor firms in South Africa. Hatla was also the Property Executive Manager of Propnet (Property Division of Transnet) for three years.

Skills set
Finding a person with 30 years of experience in the property industry is rare and the insight which Hatla provides to the Board is highly regarded. Potential pitfalls are pointed out early to avoid wastage of time and money.

Ralph Bruce Patmore

Lead Independent Non-Executive Director


Ralph brings a valuable 10 years’ experience in building materials distribution as former CEO of Iliad, as well as a wealth of industrial manufacturing experience, as a former director of Everite Holdings Limited and Group Five Limited. Ralph currently serves as a non-executive director on the boards of ARB Holdings Limited, Mustek Limited, Unicorn Capital Partners Limited and Accentuate Limited.

Skills set
With his vast industry experience, including, but not limited to being a former executive director of Everite, Group Five, Illiad and subsidiaries in Unihold and Malbak, comes a valuable approach to specific industry thinking and expertise

Dr Mduduzi Edward (Mdu) Gama

Independent Non-Executive Director

PhD (Finance)

Mdu holds a PhD (Finance) degree and various management qualifications from South African, US and UK universities. Mdu is currently CEO of Resultant Finance Proprietary Limited and is a non-executive director of Mustek Limited. He is a founder, director and a significant shareholder of various other companies.

Skills set
A doctorate in finance combined with an entrepreneurial flair blends exceptionally well with Calgro M3.

George Hauptfleisch

Independent Non-Executive Director


George is a Chartered Accountant and was a partner at PwC for 30 years. He brings with him a wealth of experience as a registered auditor of listed companies in sectors such as manufacturing, engineering, construction and chemicals, fast moving consumer goods and agriculture. George is a member of the Institute of Directors in South Africa.

Skills set
George joined the Board in 2018, adequately taking on the Chairmanship of the Audit and Risk Committee and sat as a member of the Investment Committee. His wealth of expertise attained in three decades in the audit profession is extremely val

Themba Baloyi

Independent Non-Executive Director


Themba was appointed to the Board effective 23 March 2020. He is co-founder of Sithega, a non-banking financial services business, and prior to this, founded Discovery Insure Limited (“Discovery Insure”), a short-term insurance company launched in 2011. The Discovery Insure work propelled him to win the 2018 All Africa Business Leaders “Entrepreneur of the Year Award”. Currently he serves as Chairman on the board of Constantia Insurance Group Limited and is a board member of the Allan Gray Orbis Foundation, Cube Capital and Prescient Empowerment Trust, amongst others.

Skills set
His knowledge of the insurance and financial sectors, parallels with aspects of Calgro M3’s own business model, particularly the Memorial Parks business, where Calgro M3 foresees good product diversity and growth opportunities.

Willem Jakobus (Wikus) Lategan

Chief Executive Officer


Wikus joined Calgro M3 in 2008 as Financial Director and was subsequently appointed as Group Managing Director with effect from 1 June 2015, responsible for the overall operational activities of the Group. Wikus served as a member of the SAICA National Members on the Business Executive and is also Chairperson of the SAICA Northern Region and Business Council. He has vast experience in business restructuring and management and became CEO effective March 2017.

Willem Adolph (Waldi) Joubert

Managing Director – Memorial Parks


Waldi assumed the role of managing director of the Calgro M3 Memorial Parks business on 1 March 2022. Being part of the executive team as well as Financial Director of Calgro M3 since 1 June 2015, makes Waldi the ideal leader to grow this segment of the business further. He continues to be an executive member of the board.

Waldi is a qualified chartered accountant, having completed his articles with PricewaterhouseCoopers, where he gained experience in a wide variety of industries, including manufacturing, construction, insurance and fast-moving consumer goods. Waldi joined the Group in January 2012 as Group Financial Manager.

Sayuri Naicker

Financial Director


Sayuri has been appointed as Financial Director of Calgro M3 with effect from 1 March 2022, succeeding Waldi Joubert who resigned from this position on 28 February 2022 to assume responsibility for the Memorial Parks business. Sayuri joined the Group in 2021 as the Group Financial Manager. She is a qualified Chartered Accountant, having completed her articles with PricewaterhouseCoopers (“PwC”) in 2014, following which she remained at PwC until 2021 fulfilling a senior managerial role. Whilst there, Sayuri gained valuable experience in finance, tax, capital allocation and financial risk with respect to JSE listed and multi-national companies in numerous industries, including construction, property development and mining. She also was involved in the management and co-ordination of external audits, and led various thought leaderships related to the mining sector.

Wayne Williams

Executive Director


Wayne joined Calgro M3 in 2012 and was appointed as Executive Director with effect from 1 June 2015. He is a qualified attorney who was in private practice for 20 years, specialising in commercial and corporate law where he obtained extensive experience in commercial transactions and property-related negotiations and acquisitions. Wayne leads all acquisition negotiations.

Tyrone Moodley

Non-Executive Director

B Com

Tyrone is the co-founder and of Midbrook Lane, a private investment company which was sold to Conduit Capital.

He served as interim CEO of JSE listed Taste Holdings during the 2018/2019 financial year working closely with Domino’s Pizza Inc. and Starbucks Corp. in order to redefine the long term strategy of Taste. As of April 2019 he moved back into a non-executive director role.

His early career started at Sasfin Securities as a Research Analyst before leaving to start Midbrook.

Mr. Moodley obtained a Bachelors of Commerce Degree from the University of Johannesburg.

He is a partner at Protea Asset Management LLC.

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