Astute appoints new managing director

Jacques Rossouw.

Astute, the company that provides data integration services to the South African financial services industry, has announced the appointment of Jacques Rossouw as Managing Director with effect from 16 July 2014.

Willie Snyman, who has been acting Manager Director, said Astute’s management and staff are delighted to have Mr Rossouw on board.

“The business has entered a new phase in its development and our aim is to build on our status as the leading independent interactive electronic information exchange portal for the financial services industry,” said Mr Snyman.

Mr Rossouw has more than 20 years of experience in transforming and running companies.

He spent time working at Aurecon, the engineering group (previously Africon Engineering), as an IT consultant after which he spent six years based in London where he assisted the growth, acquisition and private equity deals of a global financial services group, and later became part of Alexander Forbes International through acquisition.

He returned to South Africa to implement new IT and application strategies for the Alexander Forbes Group. In 2010 he founded a company specialising in unified utility management technology solutions, successfully developing the company following major client acquisitions.

Mr Rossouw holds a BSc Degree in Computer Science and Maths from the University of Pretoria and has an MBA from Edinburgh Business School in the United Kingdom.

Prem Govender, Chairperson of Astute commented: “It is a pleasure to welcome Jacques as the new Managing Director of Astute. His ability to see the big picture as well as strong strategic focus and emphasis on people and process will serve the business well in an increasingly complex and regulated financial services industry.”