Gustav Vermaas
Head : Payments & Acquiring Standard Bank Africa
Born
in South Africa
Gustav is a B.Com graduate and qualified via CiMA (ACMA UK) in 1995. He joined Standard bank in 2011 to Head the Electronic Payment initiatives in Africa. Before that he spend 6 years with Blue Label from 2005 to consolidate the group’s field support teams into what became Activi. During 2007 to 2009 he was instrumental in the consolidation of the technology and operational teams and earlier in 2010 became the Blue Label Distribution : Chief Commercial Officer.
His 20 years’ experience has been focussed on solving business problems by integrating strategy, technology, business processes and people interventions, while retaining a strong operational focus. Before joining Blue Label he was the co-founder of IQ Commerce, the CEO of Nashua Connect and a member of The IQ Business Group International Exco. He started his career in the Anglo American Corporation, later joining TOTAL, where he spent seven years in the petroleum industry.
Gustav Vermaas's Professional details
Current Position(s)
Head Payments & Acquiring PBB Africa | Personal & Business Banking | Standard Bank
Johannesburg South, South Africa | 2012 - present
Accounting, Banking and Finance
Responsible for the Electronic Payments strategy and execution in 15 Africa countries. The Electronic Payments portfolio includes:
- Card Issuing
- Card Acquiring
- Mobile as a Channel and Product
- Remittance
- Mobile Payments and the relationship with Mobile Operators
- Payments Governance
Previous Position(s)
Chief Commercial Officer | BLTS
Johannesburg South, South Africa | 2005 - 2011
ICT and Telecommunications
The CCO is the executive responsible for :
- Product Office : Analysis, development and commercialisation of Products
- Project Office : Management of all Projects both business and technical
- CE : Operations :The operational units in South Africa
Merchant Support (Call Centres)
Field Support
Factory
Warehouse
11 Branches
ICT and Telecommunications
ACTIVI TECHNOLOGY SERVICES (Pty) Ltd a subsidiary of BLUE LABEL TELECOMS Ltd is 100 owned by Blue Label Telecoms and its objective is to develop, deploy and support the technology platforms in the Blue Label Telecoms Group; as well as at 3rd party partners.
ACTIVI operates through 5 subsidiaries
ICT and Telecommunications
VENTURY GROUP (Pty) Ltd a subsidiary of BLUE LABEL TELECOMS Ltd
The Ventury Group is a South African payment and electronic transaction processing specialist. The R1-billion rand revenue a year company currently processes around 10-million transactions a month. Ventury Group was a holding company for several subsidiaries before the unbundling into Blue Label. South African members of the group included Activi, iVeri and CiGiCell the leading distributor of pre-paid airtime and electricity vouchers in SA.
Its 11 regional offices in South Africa complements the international Ventury footprint in Nigeria, Côte d’Ivoire, Rwanda, Botswana, Namibia and India
CEO | Nashua Connect
Johannesburg | 2000 - 2004
ICT and Telecommunications
Nashua Connect (previously IQ Works) a subsidiary of Reunert Ltd
In 2000 Reunert and The IQ Business Group created a new company to focus on solutions in the auto-digital office environment. The business has grown into a sustainable business with 70 staff and a turnover of R 36 Million.
Nashua Connect offered solutions within three key technology areas:
- Mobile services: The implementation and management of a total unified connectivity solution using a variety of mobile type devices, technologies and protocols aimed at improving operational effectiveness and efficiencies;
- Technical services: End-to-end strategic technical solutions, in the IT and infrastructure outsourcing environment;
- Content services: Business process automation, document management, integrated workflow and bespoke developed solutions;
