Serge Belamant, CEO and Chairman, Net1 Group of Companies
Dr. Serge C.P. Belamant has been Net1's Chief Executive Officer since October 2000 and Chairman of the Board since February 2003. From June 1997 until June 2004, Dr. Belamant served as Chief Executive Officer of Net1 Applied Technology Holdings, or Aplitec, whose business was acquired by Net1 in June 2004. From 1996 to 1997, Dr. Belamant served as a consultant in the development of the preauthorized offline chip card product for Visa. From October 1989 to September 1995, Dr. Belamant served as the managing director of Net1 (Pty) Limited, a privately owned South African company specializing in the development of advanced technologies in the field of transaction processing and payment systems. Dr. Belamant also serves on the boards of a number of other companies that perform welfare distribution services and the provision of microfinance. Dr. Belamant spent ten years working as a computer scientist for Control Data Corporation where he won a number of international awards. Later, he was responsible for the design, development, implementation and operation of the Saswitch ATM network in South Africa that rates as one the largest ATM switching system in the world. Dr. Belamant has patented a number of inventions besides the FTS patent ranging from biometrics to gaming-related inventions. Dr. Belamant has more than 27 years of experience in the fields of operations research, security, biometrics, artificial intelligence, and online and offline transaction processing systems. Dr. Belamant holds a PhD in Information Technology and Management. | |  |
Herman Kotze, CFO, Net1 Group of Companies Herman Gideon Kotzé has been Net1's Chief Financial Officer, secretary and treasurer since June 2004. From January 2000 until June 2004, he served on the board of Aplitec as Group Financial Director. In mid-1997 until October 1998, Mr. Kotzé worked for the Industrial Development Corporation of South Africa Limited as a business analyst. Mr. Kotzé served his articles from 1994 to 1996 at KPMG in Pretoria, South Africa, and in 1997 he became the audit manager for several major corporations in the manufacturing, mining, retail and financial services industries. Mr. Kotzé joined Aplitec in November 1998 as a strategic financial analyst. Mr. Kotzé is a member of the South African Institute of Chartered Accountants. | |  |
