Directors and management

L-Pesa’s Board of Directors consists of four ordinary members, including a chairperson, and no deputy members, all of whom are elected for the period up until the end of the annual shareholders’ meeting 2021.

The Company has a strong and diverse management team with local country managers and back offices. The technology, marketing, and accounting teams operate on a virtual model with members of staff situated in Europe, the USA and India.

Board of Directors

Ron Ezra Tuval

Born 1966, Founder, Director and Chief Executive Officer since 2014.

Mr. Tuval has significant experience of leading and developing businesses and projects in a range of industries and sectors, including FinTech, agriculture and tourism. He  conceived the idea of creating a FinTech business while he was based in Cambodia, and spent a decade of planning and developing the L-Pesa concept. Mr. Tuval developed the L-Pesa model based on borrowers progressing from small to larger loans as their credit score improves.

2014 – Present Founder & CEO L-Pesa group of companies.

2011 – 2013 Founder & Managing Partner Excellence Capital Group Pte. Ltd.

2010 – 2012 Chief Executive Officer Excellence Greenhouse Solution Co Ltd in South East Asia. 

2009 – 2011 Chief Executive Officer Excellence Forestry Development Co Ltd in South East Asia. 

2006 – 2010 Chief Executive Officer Excellence Capital Group Co Ltd South East Asia. 

1997 – 2003 Director Bregon Capital Ltd

Mr. Tuval holds a Master of Arts degree from IDC Herzliya, with majors in Government, Diplomacy and Strategy

Shareholdings in the Company: 00,000 A-shares & 0,000 B-shares 

Lars Wolf

Born 1956, Director of the Board and Managing Director since 2020.

Mr. Wolf has extensive experience in building global businesses as a CEO, with broad knowledge of the cultural differences in business life. He has been appointed into a number of senior global sales positions around the world. Recently he has been working as a consultant in various export industries to support entrepreneurs of small and medium-sized enterprises for developing their international businesses.

Global Business Development officer for COLOP Digital. 

Founder of Dynamic Tactics AB.

Business Development officer for Mind & Space AB.

Nokia – Country Manager Tel Aviv, Israel, Bulgaria and Romania.

Mr. Wolf holds a BSc degree from Uppsala University with minors in mathematics, physics, electronics, computer science and economy.

Shareholdings in the Company: 0 shares

Advisory Board

Pinchas Eliyahu Sederowsky Born 1958, advisor to the board of directors.

Mr. Sederowsky has significant experience as a board member for public companies listed on the London Stock Exchange, AIM (London), Nordic Growth Market, NGM (Stockholm), and he is also a board member of East Asia Minerals Corp (TSX-V:EAS.V) on the TSX Venture Exchange, Toronto, Canada.

He has been recognised by the Leading Capital Markets in the World (1997-2001) and by the Leading Banking Markets in the World (1997-2000). From 1997-2002 he was a partner at Setterwalls, and at the same time served as a member of the Swedish Bar Association, within Finance & Capital Markets and M&A. Mr. Sederowsky also has senior-level experience in business management – in 2002 he was appointed the VD for Paradox Entertainment Inc. Beverly Hills, CA., and subsequently served as the CEO for Casablanca Gaming Group, Malta.

He holds a LLM degree from Lund University and LLM degree from University of California, Berkeley – School of Law, Business and Jurisprudence. 

Yossef Mazoz

Director of the Board since 2020.

Mr. Mazoz has over a decade of senior consulting experience in mergers & acquisitions, working with medium to large corporations and enterprises globally. His specialist knowledge of M&A brings invaluable experience to the L-Pesa board. He acquired ownership of Thurloe Corporate Acquisitions in 2007. From 1991 to 1999 Mr. Mazoz served as the Managing Director for Safed Polymers Botswana (Pty) Ltd.

He holds a number of higher education degrees, including a M.A. Communication Arts, from New York Institute of Technology, and a B.A. Social Sc. from the University of Haifa.

Shareholdings in the Company: 0 shares

Nomen Nescio

Director of the Board since 2020 Nomen is a Finance graduate.

Shareholdings in the Company: 0 shares