Transcend Residential Property Fund Limited announced that shareholders are referred to the announcement released on SENS on 4 January 2021 in which shareholders were advised that Mr. Myles Kritzinger would assume the role of both Chief Executive Officer and Chief Financial Officer (CFO) with effect from 1 January 2021, until such time as a suitable candidate was appointed as the CFO of Transcend. The board of directors of Transcend announced the appointment of Mr. Nicholas Ian Watchorn to the Board as an executive director and CFO of the Company, with effect from 1 March 2021. Nicholas is a qualified chartered accountant with extensive experience in the identification, origination and execution of real estate debt transactions, with a specific focus on the REIT and Affordable Housing Sectors. Prior to his appointment as CFO, Nicholas was a transactor in the Commercial Property Finance division at ABSA Corporate and Investment Bank. Nicholas' experience also includes financial reporting for various business units at ABSA Group Limited. The Board welcomes Nicholas in his new role and looks forward to his contribution to the Company.