Growth & transformation in business


Velda Derrocks began her career in 2000, joining a management training programme at Absa after completing her BEcon, Commerce at Stellenbosch University. And gained exposure across the bank and later joined the Absa Commercial Property Finance on a full-time basis. “It was seen as a high-profile, niche space that was very male-dominated at the time, so I saw that as a challenge. I always strive for excellence and, even though most of the people I dealt with in those early days were male and it could be a little difficult at times, I built up a good reputation in the Eastern Cape quite quickly.”


Derrocks stayed with Absa until 2011, Standard Bank Real Estate Finance approached her to manage their commercial property finance division in the Eastern Cape. In 2015 she was asked to relocate to Cape Town, a move she wasn’t ready to make at the time, and so joined TUHF for the first time



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