• JSE (NT1) Price: R93.21
    • Change : up 7.37
    • Volume : 21
    • Data Time : 10:15 CAT
    • Data Date : 2021-04-20
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    • Change : down -0.21
    • Volume : 372.745
    • Data Time : 16:00 EST
    • Data Date : 2021-04-19

Board of Directors

Antony Ball: Director since 2020

Mr. Ball is co-founder and chairman of Value Capital Partners ("VCP"), a South Africa-based private investment firm. Prior to VCP, Mr. Ball founded Brait in 1990, a leading South African private equity firm, regarded as a pioneer of private equity in the region, and held various leadership positions, including Deputy Chairman and CEO, between 1998 and 2011 when he left the company. Mr. Ball led Brait's investment in Net1 in 2004, and served as a non-executive director of the Company until 2012. Mr. Ball has a B Comm (Hons) from UCT, is a CA(SA), and completed an M Phil in Management Studies from Oxford University, where he studied as a Rhodes Scholar.

Ian Greenstreet: Director since 2020

Mr. Greenstreet sits on the advisory committee of the London Stock Exchange, and is a board member of Assupol Holdings and Assupol Life Ltd, and is Chairman and Founder of Infinity Capital Partners Ltd in the UK. Mr. Greenstreet previously served on the board of Diamond Bank in Nigeria, was a representative of the FMO (the Dutch Development Bank) on the board of Bank of Africa and Alios Capital, both those organizations being based across Africa. Mr. Greenstreet also served as regional Head of Risk for ABN AMRO Bank and a board member and head of Henderson Fund Management in Luxembourg. Mr. Greenstreet has attended a program at Harvard Business School on driving Digital and Social Strategy and is a fellow of the Institute of Chartered Accountants in England and Wales (FCA). He is recognized as one of the 100 most influential black people in the UK for the last four consecutive years as well as in the UK's top 50 of Black Asian Minorities (BAME) in 2016.

Javed Hamid: Director since 2020

Mr. Hamid is currently a senior advisor to the International Executive Service Corpsand held various positions with the International Finance Corporation ("IFC"), a member of the World Bank Group, and a major shareholder in Net1, from 1979 through to 2006. He has extensive international banking, investment and project finance experience and a strong background in investing in emerging markets, structuring investments, managing international investment portfolios, and providing technical assistance to companies in developing countries. He has a keen interest in sustainable development and corporate governance issues. Mr. Hamid holds a Master of Business Administration, from Harvard Business School, a Master of Arts from the University of Cambridge, a Bachelor of Arts in Economics, from the University of Cambridge and a Bachelor of Arts in Economics, Mathematics and Statistics, from the University of Punjab.

Jabu Mabuza: Director since 2020

Mr. Mabuza currently serves as Chairman Sun International Limited as well as lead independent director of Multichoice Group. Mr. Mabuza was formerly the chief executive officer of Tsogo Sun Holdings and has previously chaired Eskom - Africa's largest utility, Telkom - one of South Africa's leading telecommunications companies, and the African operations of Anheuser Busch InBev. Mr Mabuza has also served as a co-convenor of the CEO Initiative with South Africa's Minister of Finance. Mr. Mabuza holds a Doctorate in Commerce (Honoris Causa) from the University of Witwatersrand and was a recipient of a Lifetime Achievement Award from Ernst & Young in their World Entrepreneur Awards.

Ali Mazanderani: Director since 2020

Mr. Mazanderani is a fintech investor and entrepreneur. He is the co-founder and chairman of SaltPay. He is also a non-executive director on the board of several companies including StoneCo (Nasdaq: STNE) in Brazil and Network International (LSE: NETW) in Dubai. Mr. Mazanderani was formerly a Partner at Actis, an emerging market private equity firm, where he led multiple landmark fintech investments globally. Prior to his career at Actis, Mr. Mazanderani was the lead strategy consultant for First National Bank based in Johannesburg and prior to that, he advised private equity and corporate clients for OC&C Strategy Consultants in London. He holds a Bachelors degree in Economics from the University of Pretoria, a Masters in Economics from Oxford University, a Masters in Economic History from the London School of Economics, a Masters in Business Law from the University of St. Gallen and an MBA from INSEAD.

Monde Nkosi: Director since 2020

Mr. Nkosi is an executive director of Value Capital Partners ("VCP"), which is a leading South African investment company and major shareholder in Net1. He was previously on the investment team of FFL Partners, a San Francisco-based private equity firm managing more than $2 billion. Prior to that, Mr. Nkosi was a management consultant at Bain & Company, focused on financial services and telecommunications clients across Sub-Saharan Africa. Mr. Nkosi holds a Bachelor of Business Science from the University of Cape Town, a Master of Arts in Education from the Stanford Graduate School of Education, and an MBA from the Stanford Graduate School of Business

Kuben Pillay: Director since 2020

Mr. Pillay serves on South African public and private corporate boards including as lead independent director of OUTsurance and Transaction Capital Limited (JSE: TCP) and as director of Sabvest Limited (JSE: SBV). Mr. Pillay has most recently served as the non-executive chairman of Cell C Limited from August 2017 to October 2019 and was the non-executive chairman of Primedia Limited from February 2014 to December 2016, and also served as its group CEO from August 2009 to January 2014. Mr. Pillay was a managing financial partner at attorneys Cheadle Thompson and Haysom before joining Mineworkers Investment Company Proprietary Limited in 1996 as a founding executive director, and later as the non-executive chairman of Mineworkers Investment Company. Mr. Pillay has a BA LLB from the University of the Witwatersrand, Johannesburg, and a Masters in Comparative Jurisprudence from Howard University, Washington DC.

Ekta Singh-Bushell: Director since 2018

Ms. Singh-Bushell serves as a director on public and private corporate boards including TTEC Holdings, Inc. (Nasdaq: TTEC), Datatec Limited (JSE: DTC) and DSW, Inc. (NYSE: DSW), and a Strategic Board Advisor to DecisionsGPS LLC. Ms. Singh-Bushell was previously Chief Operating Officer in the Executive Office of The Federal Reserve Bank of New York and prior to that had a 17 year career with Ernst & Young including several senior partner roles such as US Innovation and Digital Strategy Leader, Northeast Advisory People Leader and Chief Information Security Officer. Ms. Singh-Bushell is a Certified Public Accountant (USA) and has a Master's degree in Electrical Engineering and Computer Science from the University of California, Berkley, and a Bachelor's of Engineering Degree from the University of Poona, India. Ms. Singh-Bushell has completed programs at Harvard Business School, Kellogg School of Management, INSEAD and Singapore Management University.

Alexander M. R. Smith: Director since 2018

Mr. Smith has been our chief financial officer, secretary and treasurer since March 1, 2018. Prior to joining Net1, Mr. Smith was chief financial officer and director of Allied Electronics Corporation ("Alltron"), a JSE-listed company with over $1 billion in annual revenue operating in the telecommunications, multimedia, information technology and power electronics industries. Prior to joining Alltron in 2008, Mr. Smith worked in various positions at PricewaterhouseCoopers in Edinburgh, Scotland and Johannesburg. Mr. Smith holds a Bachelor of Law (Honours) degree from the University of Edinburgh and is a member of the Institute of Chartered Accountants of Scotland.

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