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4SIGHT HOLDINGS LIMITED - Appointment of Group Chief Executive Officer ("CEO")

Release Date: 11/12/2018 15:00
Code(s): 4SI     PDF:  
Wrap Text
Appointment of Group Chief Executive Officer ("CEO")

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
(“4Sight” or “the Company”)
ISIN Code: MU0557S00001       JSE Code: 4SI

APPOINTMENT OF GROUP CHIEF EXECUTIVE OFFICER (“CEO”)

Shareholders are referred to the announcement issued on 12 October 2018 whereby the Company
was seeking to appoint a new Group CEO, with a change in role of Professor Antonie van Rensburg
to Chief Digital Officer to allow Antonie to drive the digital transformation strategy and be more
customer facing. The Board has completed its search for a new Group CEO.

In compliance with section 3.59 of the Listings Requirements of the Johannesburg Stock Exchange,
the Board of Directors of 4Sight is pleased to announce the appointment of Mr Vincent (“Vince”)
Raseroka as Group CEO of the Company, with effect from 1 January 2019.

Vince’s abridged curriculum vitae is set out below:

Vincent Raseroka (BA (Hons) Cum Laude Admin, Economics – Fisk University)
Vince started his career as a Human Resources Officer at the Development Bank of Southern Africa.
He then became the National Brand Manager – Amstel and Ohlssons Lager at South African
Breweries and later joined Shell Oil Company as Regional Sales Manager.

From 1995 to 1999 Vince worked for Nampak Products Limited in a number of senior management
positions before joining South African Airways – Cargo as Managing Director/Vice President. He then
assumed the role of Chief Executive of SAA Technical in 2001. In 2003, Vince was appointed as the
Managing Director of Cell C Services Provider, a position he held until 2005 when he decided to run
his own private equity portfolio for some 5 years.

In March 2010, Vince was recruited as Chief Executive Officer of Telkom (Multi-Links) and later
became Executive Chairman of Chevron South Africa. In 2011, he joined Ellerines Holdings Limited
as Deputy Chief Executive Officer and held this position until May 2014, when he decided to refocus
his efforts on his private equity portfolio.

Vince also has a number of years’ experience as a director of both listed and unlisted companies.

The 4Sight Board welcomes Vince to the Company and looks forward to him leading the group going
forward with his knowledge, broad experience and well-established network.

Mauritius
11 December 2018

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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