Johannesburg – 4Sight Holdings Limited has appointed two new independent non‑executive directors and replaced a long‑serving board member.
4Sight reaffirmed its commitment to strong corporate governance, board independence, and ethical leadership following the appointment, which it announced on Monday, 2 March 2026.
As announced on SENS, Professor Adrian Saville and Ms. Tshepo Shabangu have been appointed as independent non‑executive directors of the company with effect from 2 March 2026, further strengthening the independence, depth, and diversity of the 4Sight Board.
These appointments follow the resignation of Johan Nel, who stepped down as part of the board’s structured succession planning, with effect from 27 February 2026.
“Board independence is a cornerstone of effective governance and long‑term value creation,” commented Chairperson of the 4Sight Board, Kamil Patel.
“The appointment of Professor Saville and Ms. Shabangu reinforces our commitment to an independent, skilled, and diverse board that acts in the best interests of shareholders and stakeholders.”
Professor Saville is a seasoned executive with over 25 years of experience in capital markets, investment management, corporate strategy, and private markets, including senior leadership roles at Cannon Capital Advisors Limited and Boutique Asset Management Proprietary Limited.
He holds various degrees and certifications, including a MCom (Economics, cum laude) and a PhD in Philosophy. Prof. Saville is the founder and director of Boundless World Proprietary Limited, a strategic advisory firm. Alongside his investment career, Prof. Saville holds a professorship in economics, finance, and strategy at the Gordon Institute of Business Science.
Ms. Shabangu has over two decades of experience in governance structures, facilitating organisational programmes, and creating policies while heading boards of various trusts and board committees of companies. She holds a BProc, LLB, and LLM (Comparative Law, magna cum laude, University of Bonn) and is an attorney and notary public of the High Court of South Africa.
Ms. Shabangu currently serves on the board of Astral Foods Limited and is a member of the Audit & Risk and ESG Committees. She previously chaired the Remuneration Committee and now chairs the Social and Ethics Committee. In her various roles, she has facilitated decision-making and provided strategic oversight in the areas of remuneration, workplace ethics, audit and risk, diversity/inclusion, and ESG.
Strengthened governance framework
“The 4Sight Board operates in alignment with the principles of the King Code, including the evolving King V framework, with a strong emphasis on ethical leadership, accountability, transparency, and independent oversight,” stated Patel.
“Independent non‑executive directors play a critical role in ensuring robust challenge, sound judgement and balanced decision‑making.”
The Chairperson further acknowledgedNel’s contribution, saying: “We extend our sincere appreciation to Johan Nel for his ethical leadership, insight, and wise counsel over many years.
“His contribution has meaningfully shaped the board’s governance maturity and culture.”
4Sight Group Chief Executive Officer, Tertius Zitzke, welcomed the strengthened governance framework and the role of the board in supporting executive leadership.
“Strong corporate governance is not about constraint, it is about enablement,” explains Zitzke.
“The independence and quality of the 4Sight board provide executive management with the confidence, guidance, and challenge required to execute strategy responsibly and sustainably.
“The board’s unwavering support, combined with clear governance guardrails, allows executive directors to focus on performance, innovation, and stakeholder value, while ensuring that decision‑making remains aligned with the highest ethical and governance standards.”
A foundation for sustainable growth
Looking ahead, Zitzke explains that the company will focus on its ability to help organisations unlock real, measurable business value from data and AI to drive strategic growth over the next three years.
“We are moving beyond experimentation toward scaled, responsible AI adoption that improves productivity, decision‑making, and operational performance across industries,” he elaborates.
“Our strategy is focused on embedding AI across the enterprise — from operational technology and business systems to customer engagement and executive decision support.
“This requires strong governance, ethical oversight, and an independent Board that ensures innovation is balanced with accountability.”
According to Zitzke, the board’s commitment to sound corporate governance provides the foundation for sustainable growth.
“It enables management to invest confidently in AI‑driven solutions, develop new intellectual property, and support our clients in their own digital and AI transformation journeys,” stated Zitzke.
“With the right governance structures in place, 4Sight is well positioned to deliver long‑term shareholder value while helping businesses harness AI responsibly to drive growth, resilience, and competitiveness.”
Governance Continuity and Committee Structure
The 4Sight Board confirmed that fit and proper assessments have been completed for both newly appointed directors, with no matters requiring disclosure under paragraph 6.74 of the JSE Listings Requirements.
Following the changes, the 4Sight Board committees are constituted as follows:
Audit and Risk Committee
· Andrew Murgatroyd (Chairperson)
· Kamil Patel
· Prof. Adrian Saville
Remuneration and Nominations Committee
· Christopher Crowe (Chairperson)
· Marichen Mortimer
· Tshepo Shabangu
Social and Ethics Committee
· Marichen Mortimer (Chairperson)
· Douglas Ramaphosa
· Tertius Zitzke
Commitment to Ethical Leadership and Long‑Term Value
In closing, Zitzke says that 4Sight remains committed to maintaining a majority‑independent board, robust committee oversight, and governance practices that are consistent with the King Code principles, the JSE Listings Requirements, and global best practice.
“The board looks forward to the positive contribution of the newly appointed directors as the company continues to execute its strategy and deliver sustainable value for shareholders and stakeholders,” Zitzke stated.
