Well respected for his considerable experience and in-depth knowledge of corporate restructuring and insolvency, Haroon Laher regularly advises banks and financial institutions, as well as creditors, insolvency practitioners and business rescue and turnaround practitioners, in corporate restructuring, turnaround and insolvency issues. His experience covers a broad range of industry sectors, which include energy, mining and commodities, telecommunications, retail and agriculture.
Haroon represents business rescue practitioners, and secured and unsecured creditors in formal business rescue proceedings in South Africa. Having lectured on insolvency and business rescue at universities, he also regularly publishes articles on these topics.
Haroon has been elected as the Chairperson and member of the board of directors of the Turnaround Management Association Southern Africa (TMA – SA) contributing to various initiatives and programmes for the benefit of its members.
He will also be a co-lecturer on insolvency and business rescue workshops offered by the Law Society of South Africa as part of their ongoing legal education and development (LEAD) programme. In addition to this Haroon wrote a chapter on Insolvency Law in the publication entitled “South African Corporate Business Administration”.
He served as director of Fountainhead Property Trust (a listed REIT) for several years, and oversaw Redefine's acquisition of Fountainhead's property portfolio and the de-listing of Fountainhead from the Johannesburg Securities Exchange.
In addition, as the past Vice-Chairperson of the South Africa Restructuring and Insolvency Practitioners Association (SARIPA), Haroon was a dedicated and active board member.
Haroon is the chairman of the National Financial Ombud Scheme, an organisation that provides short and long-term insurance, banking and credit consumers and policyholders with a free, fast, efficient and fair dispute resolution mechanism.
