Lesaka appoints two new board directors
The company appoints international financial services veterans, Carolina Lacerda and James Oates, as Dean Sparrow steps down.
Lesaka Technologies has added two new members to its board of directors: Carolina Lacerda and James Oates. Both individuals possess extensive experience in international markets, with careers in financial services audit, risk, and regulatory compliance. Lacerda is a member of boards in Brazil, the UK, China, and the US, including payments company PagSeguro and tower operator IHS Towers.
She chairs audit committees for two listed companies and leads artificial intelligence advisory work in South America for Conquer AI. Oates spent over two decades at UBS, serving as chief audit executive, chief compliance officer, and global head of compliance and operational risk. He played a role in investigating and resolving various issues that impacted global banking, such as the subprime crisis and market manipulation.
Oates now focuses on cybersecurity, technology, data, and financial crime risks in digital financial services. He chairs the audit and risk committee for European savings platform Raisin and holds a certification in cyber risk oversight from the National Association of Corporate Directors and Carnegie Mellon University. Lesaka's executive chairman, Ali Mazanderani, stated that the new board members will bring valuable skills and experience to support the company's growth.
Dean Sparrow resigned from the board on September 25, 2024, after contributing to Lesaka's operations since joining in 2024 following the company's acquisition of Adumo.
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