Management Team

The Net1 Management Team is structured as follows:

Executive Directors

  • Dr Serge Belamant – Chairman and CEO
  • Mr Herman Kotze – Group Financial Director

The Executive Committee of the Group consists of:

  • Dr Serge Belamant
  • Mr Herman Kotze
  • Mr Nitin Soma – Chief Technology Officer

The Net1 Group of Companies has been structured into the clusters and business units as identified in the table below:

ClusterBusiness UnitTechnology / Products / Services OfferedGeographical FocusResponsible Manager
Transactional SolutionsBGSComplete UEPS and DUET payment systems and related hardwareRussia, CIS, Middle East (excl. Iraq), India, Vietnam, PhilippinesLeonid Delberg 
Richard Schweger
 CPS (Cash Paymaster Services)UEPS - Social Grant DistributionSouth AfricaNanda Pillay
 Easy PayDebit/Credit card switching and related value added servicesWorld-wideSerge Belamant
Herman Kotze
Nanda Pillay
 Net1 UETS (Universal Electronic Technological Solutions)Complete UEPS payment systems and related hardwareAfrica (excl. South Africa), Iraq, PhilippinesBrenda Stewart
 Virtual CardNet1 Virtual Card SolutionWorld-wideEric Meniere
Hardware & Software SalesChip and GSM LicensingSmart cards, SIM cards and GSM licensesWorld-wideDeon Visser
 Cryptographic SolutionsIncognito security solutions, To Dos Authenticators, Cybertrust PKI productsWorld-wideGerhard Claasen
 POS SolutionsFlexiLane, FlexiGate and Ingenico POS solutionsSouth AfricaNanda Pillay
Chris Britz
 VTUNet1 Virtual Top Up productsWorld-wideJames Sneedon
Financial ServicesFinance HoldingsNet1 Banking Solution, Microfinance, InsuranceSouth AfricaSerge Belamant  Herman Kotze
CorporateExecutiveGroup Management, global strategy, IR, acquisitionsWorld-wideSerge Belamant
Herman Kotze
 Finance and AdministrationGroup support for accounting, treasury, human resources, administration, legal, taxation, compliance and internal auditWorld-wideCara van Straaten
Lawrie Chalmers
Paul Encarnacao
Warren Segall
 Information TechnologyGroup IT strategy, architecture, research & developmentWorld-wideNitin Soma
 Joint Ventures & InvestmentsInvestment in new joint ventures, support of existing joint ventures and investmentsWorld-wideTrevor Smit
 Investor RelationsInvestor RelationsWorld-wideDhruv Chopra