Jasco Group, a smart technology, security, power and ICT solutions partner, announced on Monday 16 October 2017 that the company has appointed Neo Modisakeng as the new Company Secretary and Legal Advisor. According to the company, the appointment shows their commitment to stakeholder communication and ethical corporate governance in a time where South Africa has been rife with rumours of corruption and misgovernance amongst corporate companies in the country.
In his capacity as a lawyer, Modisakeng has been involved in the ICT industry for many years. Starting out in top law firm Webber Wentzel’s Technology, Media, Telecommunications and Intellectual Property department – as well as the Mergers and Acquisitions department. Modisakeng then moved on as legal advisor to Tracker and has now finally being appointed by the Jasco Group of companies. Modisakeng has also been seconded to MTN Group.
Modisakeng has a dual role, incorporating both legal expertise and company secretarial duties. From a legal perspective, he will be responsible for mitigating risk for Jasco with regards to contractual obligations and regulatory compliance, as well as advising management on all legal matters. As company secretary, Modisakeng will act as the point of contact between the board, the company as a whole and its relevant stakeholders, while ensuring that the organisation adheres to statutory legislation, the King Code and the JSE listing requirements.
Jasco CEO, Pete da Silva, speaking on the appointment said, “Modisakeng’s appointment drives home our focus on improving legal risk mitigation and building on our compliance and corporate governance strategy. We also believe Modisakeng will inject fresh insights and energy into our environment, and we expect great things from him going forward.”
Referring to the role, Modisakeng said, “I am thrilled to be part of the Jasco family. I have had a big interest in the ICT industry for most of my career and I feel inspired by Jasco’s approach to technology particularly in relation to enterprise development. I enjoy being part of a team that is constantly evolving , and being part of the process of acquiring new companies. Catapulting them into greatness within the Jasco Group is both a challenging and exciting prospect for me.”
The company believes that the appointment demonstrates Jasco’s dedication to stakeholders’ peace of mind, while highlighting their commitment to upholding JSE codes and standards. Jasco is publicly accountable for its ethics, behaviour and adherence to relevant regulatory boards, and is more so accountable as a company listed on the JSE. Modisakeng will be ensuring that all governance and compliance related matters are continuously and consistently maintained.
“My aim is to create a strong focus on compliance and corporate governance through implementing the necessary processes, policies and systems required and creating further awareness of corporate governance within the Group. Jasco is a fast-growing enterprise and, as such, requires a dedicated resource to ensure that the mechanisms are in place to not only ensure compliance with all regulations, but also to enable better engagement with all stakeholders, including employees, the public and the shareholders,” explains Modisakeng.