Capital Appreciation: Alan Salomon

Alan Salomon has been the Chief Financial Officer of Capital Appreciation since 3 March 2015.

Alan Salomon has more than 35 years' experience as a senior executive in an array of financial services and industrial sectors. Most recently Alan served as the CEO of Bidvest Bank, a subsidiary of The Bidvest Group Limited, a position he held for eight years. In addition to Banking and Financial Services, Alan has also held executive management positions in Waste Management and Waste Recycling, Stationery, Packaging, Catering Equipment, Services, Property, Import and Export and Distribution. He also has extensive experience in various manufacturing businesses. He has been an Executive Director of The Bidvest Group Limited (from 1990 to 2012), CEO of AFCOM Group Limited, Non-Executive Director of Transpaco Limited, Non-Executive Director of Voltex Limited and Non-Executive Director of Enviroserv Holdings Limited. He has a B.Sc from the University of London.

Work
2015 – Present    Chief Financial Officer, Capital Appreciation Ltd
2007 – 2015         Chief Executive Officer, Bidvest Bank
2005 – Present    Non-Executive Director, EnviroServ Holdings Ltd 
1990 – 2012         Executive Director, The Bidvest Group Ltd

Education
1962 – 1967         B.Sc, Economics, University of London

About Capital Appreciation: Capital Appreciation Limited provides payment infrastructure and related services to established financial institutions, emerging payment service providers, hospitality industries, and retail operators in South Africa. It designs, develops, and implements end-to-end solutions, such as full-service device fleet management to institutional clients and corporate customers; supplies electronic point-of-sale devices; and offers merchants with a single device for the banking and non-banking products and services. The company also provides multi-product transacting platform for the facilitation of business-to-business payment related products in conjunction with institutional client base. In addition, it offers software development, consulting and integration services, and technology-based product solutions to banking and other financial institutions, which enables clients to perform business processing functions, meet regulatory requirements, integrate with trading platforms and exchanges, and secure sensitive information. Capital Appreciation Limited was incorporated in 2014 and is based in Johannesburg, South Africa.

Capital Appreciation reported a revenue of R80.172 million.