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Personnel changes at G4S and Deposita

Over the past 36 months, there has been significant volatility across markets and sectors worldwide. In response to these market fluctuations, cash has become an increasingly important payment instrument.

It is evident that money, and the processes involved in effectively managing it in the industry, require a fresh approach. As part of G4S’s vision for Cash2030, the company reimagined South Africa’s end-to-end cash ecosystem and embarked on a restructure of the G4S cash landscape within the country.

Christo Terblanche, President of Deposita International, will head up a unified South African structure, consisting of both Deposita and G4S Cash from July 2023. Terblanche has more than two decades of experience successfully developing and deploying cash, treasury and payment solutions in Africa, Europe and Asia. He has an unrivalled understanding of our operations and customers across South Africa.

Terblanche will be based in Johannesburg reporting to Mel Brooks, Regional CEO G4S Africa & Middle East, G4S. “We want to build a scalable digitally led business by providing a platform that will deliver cost effective and innovative transactional propositions to benefit our customers.” says Brooks.

At the same time, Sidalan Moodley has been appointed as the Managing Director – Deposita South Africa, reporting to Christo Terblanche, now the President of Deposita International and Cash Solutions South Africa.

Moodley has been with Deposita for the past 17 years and has gained valuable insight and experience in the management, development, and deployment of end-to-end cash management solutions within multiple sectors across the globe, ranging from retail, wholesale and banking. He has an in-depth knowledge of the Deposita business and a deep understanding of global market trends within the complex cash and payments landscape, which places Deposita favourably to take advantage of ever changing and innovative industry developments.

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