---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-016211"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:10:20.362504+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lesaka appoints Dan Smith as CFO, Naeem Kola as COO, board changes effective Oct 2024

## Summary
- Dan Smith, a Value Capital Partners Investment Director, appointed GCFO and board member effective Oct 1, 2024.
- Naeem Kola transitions from CFO to Group COO on Oct 1, 2024; will oversee operational functions.
- Chris Meyer resigns from board effective Oct 1, 2024; Monde Nkosi to resign upon Adumo transaction close.
- Dean Sparrow, Crossfin CEO, appointed independent non-executive director effective on Adumo acquisition completion.
- Smith receives ZAR 6M base salary, 20-120% bonus, and 100,000 RSUs vesting over 3 years from Oct 1, 2024.

## SEC filing metadata
- accession: 0001062993-24-016211
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-016211
- JSON: https://secwatch.observer/filing/0001062993-24-016211.json
- Plain text: https://secwatch.observer/filing/0001062993-24-016211.txt

## Key facts
- Executive change
  Naeem E. Kola was appointed as Group Chief Operating Officer at LESAKA TECHNOLOGIES INC.
  - Action: appointed
  - Role: Group Chief Operating Officer
  source text: On September 3, 2024, the Board approved that, on October 1, 2024 ("Effective Date"), Mr. Naeem E. Kola will be appointed to serve as Group Chief Operating Officer ("GCOO") of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm
- Executive change
  Dean Sparrow was appointed as Independent Non-Executive Director at LESAKA TECHNOLOGIES INC.
  - Action: appointed
  - Role: Independent Non-Executive Director
  source text: On September 3, 2024, the Board, approved the appointment of Mr. Dean Sparrow, age 49, to the Board as an independent, non-executive director, effective upon completion of the Adumo acquisition,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm
- Executive change
  Chris Meyer resigned as Director at LESAKA TECHNOLOGIES INC.
  - Action: resigned
  - Role: Director
  source text: On September 3, 2024, Mr. Chris Meyer advised Lesaka Technologies, Inc.'s (the "Company") board of directors ("Board") of his intention to resign, effective October 1, 2024, from the Board and all Board committees on which he serves.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm
- Executive change
  Dan L. Smith was appointed as Group Chief Financial Officer, Treasurer and Secretary at LESAKA TECHNOLOGIES INC.
  - Action: appointed
  - Role: Group Chief Financial Officer, Treasurer and Secretary
  source text: On September 3, 2024, the Board approved the appointment of Dan L. Smith, age 52, as GCFO, Treasurer and Secretary of the Company, effective on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm
- Executive change
  Monde Nkosi resigned as Director at LESAKA TECHNOLOGIES INC.
  - Action: resigned
  - Role: Director
  source text: On September 5, 2024, Mr. Monde Nkosi advised the Board of his intention to resign, effective upon completion of the Adumo transaction, from the Board and all Board committees on which he serves.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm
- Executive change
  Dan L. Smith was appointed as Director at LESAKA TECHNOLOGIES INC.
  - Action: appointed
  - Role: Director
  source text: On September 3, 2024, the Board also appointed Mr. Smith as a director of the Company, also effective from the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299324016211/0001062993-24-016211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.