x

Posted 13 September, 2021

NET 1 UEPS TECHNOLOGIES INC appointed new CEO

CEO Change detected for ticker Nasdaq:LSAK in a 8-K filed on 13 September, 2021.


  On September 8, 2021, the board of directors (the "Board") of the Company, appointed Mr. Lincoln C. Mali to the Board. Mr. Mali is the Chief Executive Officer: Southern Africa of the Company's wholly-owned subsidiary, Net1 Applied Technologies South Africa (Pty) Ltd.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of NET 1 UEPS TECHNOLOGIES INC
Financial Services • Consumer Finance
Lesaka Technologies, Inc. is a South African financial technology company which focuses on delivering financial services to consumers (B2C) and merchants (B2B) in Southern Africa through proprietary banking and payment technologies. Its services include banking, lending and insurance solutions to consumers, cash management solutions, bill payment technology, value-added services, business funding and card acquiring solutions to formal and informal retail merchants. The company was founded by Serge Christian Pierre Belamant in 1989 and is headquartered in Johannesburg, South Africa.
Market Cap
$222M
View Company Details
NET 1 UEPS TECHNOLOGIES INC by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 8, 2021, the board of directors (the "Board") of the Company, appointed Mr. Lincoln C. Mali to the Board. Mr. Mali is the Chief Executive Officer: Southern Africa of the Company's wholly-owned subsidiary, Net1 Applied Technologies South Africa (Pty) Ltd. Mr. Mali's compensation arrangements remain unchanged. There have been no transactions nor are there any proposed transactions between the Company and Mr. Mali that would require disclosure pursuant to Item 404(a) of Regulation S-K.