Net1 appoints Lincoln Mali as Southern African CEO
09 Februar 2021 - 3:25PM
Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or
the “Company”) today announced that it has appointed Lincoln Mali
as Chief Executive Officer (“CEO”) of Net1 Southern Africa, a new
position for the company.
A highly accomplished financial services
executive with over 25 years in the industry, Mali makes the move
to Net1 from his role as Head of Group Card and Payments at
Standard Bank Group. Mali also chairs the board of directors of
Diners Club South Africa and is a member of the Central and Eastern
Europe, Middle East and Africa (CEMEA) Business Council for Visa.
He will join Net1 on May 1, 2021.
"After a thorough and rigorous search process,
we are delighted that Lincoln Mali has agreed to join Net1 as the
CEO of Net1 Southern Africa. He has a very strong track record in
consumer and merchant financial services across South Africa and 16
other African countries. Furthermore, he is a highly ethical
business leader who is strongly aligned with Net1’s vision and
mission,” said Jabu Mabuza, Chairman of Net1.
Mali said: “I am delighted to be appointed as
CEO of Net1 Southern Africa. Net1 has unique capabilities,
technology and infrastructure to provide financial services to
unbanked and underbanked consumers and merchants. Furthermore, Net1
has a staff complement of over 2,500 competent and dedicated men
and women. I am excited to use those capabilities and work with my
new colleagues to make Net1 a leading financial technology
business. I wish to thank the Board for their support.”
“Joining the Net1 team aligns with my purpose of making a
difference in society, and I look forward to working with my new
colleagues and other stakeholders to drive financial inclusion for
the unbanked and underbanked market. Hopefully our efforts will
give these clients dignity and choice in financial services,” Mali
concluded.
Furthermore, Net1 is continuing with its search
for a Group CEO and will communicate progress in due course.
About Net1
(www.net1.com)
Net1 is a South African-focused financial
technology company with a presence in Africa and Asia. Net1
utilizes its proprietary banking and payment technology to
distribute low-cost financial and value-added services to
underserved consumers and small businesses. The Company also
provides transaction processing services, including being a payment
processor and bill payment platform in South Africa. Net1 leverages
its strategic investments in banks, telecom and mobile payment
technology companies to further expand its product offerings or to
enter new markets.
Net1 has a primary listing on NASDAQ (NasdaqGS:
UEPS) and a secondary listing on the Johannesburg Stock Exchange
(JSE: NT1). Visit www.net1.com for additional information about
Net1.
Investor Relations Contact:Dara Dierks Managing
Director – ICR Email: net1IR@icrinc.com
Media Relations Contact:Rich
MkhondoPhone: +27-83 2010-254Email:
Rich.Mkhondo@mediaandwritersfirm.com
Net 1 Ueps Technologies (NASDAQ:UEPS)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Net 1 Ueps Technologies (NASDAQ:UEPS)
Historical Stock Chart
Von Jul 2023 bis Jul 2024