<<
BACK TO MEDIA RELEASES
 Personal
Profile – Abridged
Simon Stockley
Graduating with a Bachelor of Law degree in 1985
Simon Stockley, after serving articles of clerkship,
left the profession to pursue an independent career
in property development and marketing, establishing
and managing the Townhouse Group of Companies
over a ten-year period.
In 1998 he began researching alternative funding
mechanisms for the South African mortgage market
and in January 1999, in association with venture
capitalists, established South African Homeloans,
South Africa’s first discount home loan
specialist and non-bank mortgage lender. He was
appointed the company’s first Chief Executive
Officer in 2000, a position he held until his
resignation in October 2004. Simon was instrumental
in raising initial venture capital required in
order to establish the enterprise and subsequently
negotiated equity participation in the company
with The International Finance Corporation, JP
Morgan and Standard Bank.
During his tenure as CEO of SA Home Loans, the
Company grew its mortgage portfolio from a zero
base to in excess of R20 billion ($3.5 billion)
and, at the time of his resignation, the business
was taking on over 2000 clients per month, claiming
a 15% market share of South Africa’s highly
competitive mortgage market.
Simon has received numerous awards in recognition
of his management and, particularly, his marketing
expertise, including The Institute of Marketing
Managers’ KwaZulu Natal Marketing Man of
the Year Award and The British Airways/Natal Mercury
Business Excellence Award.
He has spoken widely, both locally and internationally
and has written numerous articles on “securitisation”.
He led the team which brought South Africa’s
first residential mortgage backed security issue
(Thekweni 1) to the market in November 2001 and
was, subsequent to this issue, intimately involved
in the structuring and marketing of a further
three Thekwini bond portfolios. The Thekwini securitisation
program was the first private sector residential
mortgage backed security issuance outside of Europe,
Australia, and the USA and represents an international
benchmark for Emerging Markets. Simon is acknowledged
as the pioneer of South Africa’s now burgeoning
securitisation industry.
Simon consulted exclusively to SA Home Loans
for a year subsequent to his resignation and has,
since November 2005, been retained by Kingdom
Installment as an advisor to the Board. Kingdom
Installment is a specialist loan finance company
operating in the Kingdom of Saudi Arabia. During
this period, Simon successfully launched the Gulf’s
first Sharia compliant mortgage securitisation
program (KSA MBS) and executed a strategic alliance
on behalf of the Company with Arab National Bank
and the International Finance Corporation, in
terms of which KIC will be recapitalised in excess
of $550 million, making it the largest specialist
home loan finance company operating in the GCC.
In March 2007, Simon merged his investment and
advisory activities under Catalis (Pty) Ltd, through
which entity he now consults to a wide range of
both national and international clients. Catalis
has recently acquired a private equity stake in
Integer, a mortgage start-up operation in Cape
Town, where Simon is currently deployed as CEO,
responsible for launching the company.
In addition to Simon’s executive responsibilities
he acts as Non–Executive Chairman to a specialist
mortgage finance company in Ghana, Ghana Home
Loans, and is also the Non-Executive Vice Chairman
of Diamond Mortgages, a Nigerian based mortgage
lender.
 SJS
Oct 2007
|
