Lesaka Technologies has announced key executive appointments within its merchant division and at a group level.
Kagiso Khaole has been appointed CEO of the merchant division. Khaole brings over a decade of experience driving growth and innovation at leading global technology companies in Africa. Most recently, he led Starlink’s expansion across 25 African markets for SpaceX and previously served as general manager for sub-Saharan Africa at Uber. Khaole joined Lesaka on 1 September 2025.
Roland Naidoo has been appointed chief operating officer of the merchant division. Naidoo joins Lesaka from Multichoice, where he was group executive head of data, customer experience and operations. Previously, he held senior roles at Standard Bank and is recognised for his expertise in digital transformation and building high performing teams. Naidoo will start with Lesaka on 1 November 2025.
Group
Akash Dowra has been appointed chief strategy officer at the group level. Dowra joins from Deloitte, where he was managing partner of Deloitte Africa’s strategy and transactions advisory practice. Previously, he served as chief growth officer of Discovery Bank and a member of the executive committee since its inception, helping to expand the bank to over one million accounts within four years. Dowra will start with Lesaka on 1 October 2025.
Lincoln Mali, CEO Lesaka Southern Africa, said: “These appointments mark an exciting new chapter for Lesaka, and I am delighted that we are attracting the highest calibre of leaders.”
About Lesaka Technologies
Lesaka is a South African fintech company driven by a purpose to provide financial services, software and other business services to Southern Africa’s underserved consumers and merchants. We offer an integrated, holistic multiproduct platform that provides transactional accounts, lending, insurance, merchant acquiring, cash management, software and alternative digital products. By providing a full-service fintech platform in our connected ecosystem, we facilitate the digitisation of commerce in our markets.
Lesaka has a primary listing on the Nasdaq (LSAK) and a secondary listing on the JSE (LSK). Visit www.lesakatech.com for additional information.
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