4Sight Holdings – a tech firm that seeks to enable people to make decisions in the digital economy to better the quality of their being, business, and societies – has named Vincent Raseroka as a new Group CEO.
Raseroka replaces Antonie van Rensburg, who will assume the role of chief digital officer effective 31 December 2018.
Two months ago, the JSE-listed company said the decision comes amid greater-than-expected demand for industry 4.0 solutions, as it will enable Van Rensburg to focus on and drive the group’s digital transformation strategy.
Van Rensburg has led the company since its incorporation on 28 June 2017 and oversaw a critical period of robust acquisition-fuelled growth that drove the group’s expansion, including its listing on the Johannesburg Stock Exchange (JSE) Altx board in October 2017.
Raseroka, who has a (BA (Hons) Cum Laude Admin, Economics from the Fisk University, will assume the role of new Group CEO from 1 January 2019.
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 MD/vice president. He then assumed the role of chief executive of SAA Technical in 2001.
In 2003, Vince was appointed as the MD 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 CEO of Telkom (Multi-Links) and later became executive chairman of Chevron South Africa.
In 2011, he joined Ellerines Holdings Limited as deputy CEO 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,” the company informed investors on Tuesday.