The fintech group told shareholders on Friday that the changes to the executive leadership team are aimed at aligning its leadership with the company's ambitious growth targets.
In a statement, Lesaka said its current group chief financial officer, Naaem Kola - who has held the position since March 2022 - will become chief operating officer.
"Naeem is exceptionally well placed to drive strategic and operational synergies for the group, with his extensive financial and operational experience in international fintech and his understanding of Lesakas transformation," Lesaka said.
The CFO role will be taken over by Dan Smith, who will also join the Lesaka board of directors. Smith is a chartered accountant with experience in various roles within the financial services sectors in South Africa and the UK. Among his most prominent positions is his heading of the mergers and acquisitions investment banking team at Standard Bank South Africa.
