VDMV PROPERTY GROUP BOARD
Izak van der Merwe
As the founder of VDMV Property Group, Izak is driven by an entrepreneurial spirit and has a Midas touch for making winning choices in property.
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With a successful career as a financial advisor behind him, coupled with unwavering integrity and credibility, plus a passion for property, Izak’s expertise has led VDMV Property Group to impressive heights.
Gary Luyt
Gary Luyt is an expert property broker whose skills have been instrumental in the success of the company.
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Gary’s journey in property started in 1985. He has a vast wealth of experience after many years of running his own brokerage firm.
VDMV Property Group purchased their first five industrial buildings through Gary Luyt Property Brokers after an introduction in 2003. This marked the beginning of his relationship with the company. In 2015 Gary joined VDMV Property Group full-time.
In 2025, Gary retired from his full-time role at VDMV Property Group. He continues to contribute to the organisation as a member of the Board of Directors.
Neil van Rensburg
Neil van Rensburg is a non-executive director at VDMV Property Group and is a qualified actuary and part of the Sanlam Life Executive Committee.
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Neil spent several years in the UK as Head of the Actuarial Department of Sanlam UK. He also served as Chairman of the Sanlam Property Committee for 5 years from 2015 until 2020.
He became an investor in the VDMV Private Equity fund in 2005 after an introduction to Izak van der Merwe. He also built an automated model for the calculation and distribution of interest to the fund investors. In 2011, Neil became a non-executive director of the VDMV Private Equity fund, and in 2015 he became a non-executive director of VDMV Property Group.
Having specialised in investments and economics, Neil utilises his actuarial skills to monitor the financial operations from a non-executive perspective.
Coenie de Villiers
As a non-executive director, Coenie brings nearly 30 years of deep market expertise in listed and private capital markets to the board, with a career distinguished by leadership roles in investment banking and private equity.
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During a 15-year tenure at Rand Merchant Bank (RMB), Coenie served as Head of Investment Banking in Cape Town. In this role, he was instrumental in building the region’s premier investment banking franchise and leading a diverse portfolio of major domestic and offshore transactions. He subsequently spent six years as Head of Private Equity at SAAD Investment Holdings, where he scaled the firm’s platform and executed complex growth and succession-focused investments.
An admitted attorney with advanced degrees in Tax and Mercantile Law, Coenie serves as a non-executive director on several boards, focusing on pragmatic, value-driven strategy and long-term commercial sustainability.
Summary of Academic Credentials:
- LLM (Mercantile and Tax Law), UNISA
- LLB, University of Stellenbosch
- BSc in Business Administration (Finance), University of Tennessee
- Higher Diploma in Tax Law, University of Cape Town