Herman Singh

Herman is currently the CEO of Future Advisory, a global professional advisory business and investment firm. He has been a strategy advisor for over 12 years to large blue chip firms and has been a Business School facilitator in parallel with his corporate life for over 20 years. Herman was previously the CEO of Beyond Payments, the Innovation and New Business Incubator in Standard Bank, the largest Bank in Africa. In his tenure he was instrumental in launching the fastest growing money transfer solution in the country, the first cashless card based Mastercard transit solution complete with on-card wallet, the first bank shop network of over 8000 outlets providing banking services from small scale retail outlets and the first integration of an ecurrency into a social media network together with full mcommerce and wallet capability. Herman led the technical team involved in building MTN Banking, one of the world’s first JV’s between a Bank and a Telco. The project was completed in nine months and went on to win the Mastercard Global Award for product innovation. This was the very first large scale implementation of the Fundamo system and went on to form the basis for many implementations by them globally. In his first years at Standard Bank Herman drove the launching of Internet Banking, mobile banking, prepaid airtime sales online, ecommerce payment solutions and the rollout of EMV capability onto ATM’s and Point of sales machines. Herman has helped shaped the banks payments strategy and roadmap for both open and closed loop payment solutions and has also helped advise the bank on strategic capabilities and even negotiated major payment transactions including M and A deals involving the acquisition of payment firms. Herman sat on the Payments Board of the Bank and also was a director of Eccentricswitch, a Bank subsidiary involved in payment processing for large retailers in South Africa. He was previously the Divisional Managing Director of the Industry Division within the Siemens Company for over four Years (1996 - 2000) and was responsible for 14 countries in Southern Africa. This is the second largest division of the group in the country. His division was responsible for the supply of industrial product, service and projects to the mining and materials handling industries amongst others. His expertise in mining extends from installing headgear and mine-winders to implementing raise-borers and scraper winches. He has been involved in the construction of the Continents first fully automated minewinder as well as both the recovery process and sort house for the Diamond industry. He was previously a shareholder in Welprop, a roof support company providing hydraulic roof support to the Gold Mining industry and has worked extensively with in the Platinum industry on optimisation projects.

Education

• BSc (Mech) Eng / GDE (Ind) Eng / MBA University of the Witwatersrand (1977 — 1980)
• Matric Sastri College

Companies

• independent non executive director Telkom (2020)
• Non Executive Director 4Sight Holdings Limited (2019)
• Professor in Practice University of Johannesburg business School (2019)
• CEO and Founder Future Advisory (2019)
• Adjunct Professor Graduate School of Business - University of Cape Town (2018)
• Director Adcorp Holdings (2018)
• Adjunct Faculty Duke university (2012)
• Non Executive Director Cenfri (2019 — 2021)
• Chairman Fifth Wave Investments (2019 — 2020)

Skills

• Project Management Office (PMO)
• Architectures
• Software Development