SBV Services Executive and Leadership Team

June, 2026

Leadership Overview

SBV Services has 6 executives leading key functions including revenue generation, technology, and human resources.

Driven by a commitment to operational excellence, SBV Services focuses on secure and efficient cash management solutions, upholding a low-risk profile and adapting to the dynamic cash industry.

Leadership Roles at SBV Services

  • Chief Revenue Officer - Eunice Nkonzo
  • Chief Technology Officer - Shalin Pillai
  • Chief People Officer - Lucas Mashigo
  • Chief People Officer, Acting 2 - Clive Arendse
  • Chief People Officer, 2 - Barney Nyundu
  • Hro - Chantell Gouws
  • Eunice Nkonzo - Chief Revenue Officer

    Eunice Nkonzo, the Chief Revenue Officer at SBV Services, directs all revenue-generating activities and market expansion strategies. Nkonzo oversees the sales and business development departments, ensuring alignment with the company's mission to provide secure cash management solutions across South Africa, Lesotho, and Namibia. This leadership role involves cultivating strategic partnerships with central and commercial banks, driving growth through innovative service offerings, and maintaining SBV Services' position as a leader in the cash processing and storage industry. By optimizing sales funnels and expanding market reach, Eunice Nkonzo directly impacts the company's financial performance and operational scale. The Chief Revenue Officer ensures that revenue streams are robust and sustainable, supporting the company's commitment to exceptional customer service and its ISO 9001:2015 certification.

    Shalin Pillai - Chief Technology Officer

    Shalin Pillai, the Chief Technology Officer at SBV Services, architects and executes the company's technology vision, focusing on innovation in cash management solutions. Pillai directs the development and implementation of secure, efficient systems across SBV Services' 25 processing centers and its fleet of 600 armored vehicles. This critical role involves leveraging technology to enhance the processing, storing, and moving of cash, ensuring a low-risk profile for clients including central and commercial banks. Shalin Pillai oversees the integration of advanced security measures and operational technologies that support the company's ISO 9001:2015 certification and its dedication to addressing the evolving needs of the cash industry. By driving technological advancements, Pillai ensures SBV Services maintains its competitive edge and operational excellence throughout South Africa, Lesotho, and Namibia.

    Lucas Mashigo - Chief People Officer

    Lucas Mashigo, the Chief People Officer at SBV Services, leads all human capital strategies, fostering a culture of excellence and security within the organization. Mashigo oversees talent acquisition, development, and retention initiatives across SBV Services' extensive network, ensuring a skilled workforce capable of supporting complex cash management operations. This position is vital for maintaining the company's commitment to exceptional customer service and its low-risk profile, as a highly trained team is essential for secure cash processing, storing, and moving. Lucas Mashigo drives initiatives that align employee performance with the company's strategic objectives, supporting its operations in South Africa, Lesotho, and Namibia. The Chief People Officer ensures that SBV Services attracts and retains top talent, reinforcing its reputation for reliability and innovation in the cash industry.

    Clive Arendse - Chief People Officer, Acting 2

    Clive Arendse, the Chief People Officer, Acting 2 at SBV Services, supports the strategic direction of human resources, focusing on operational efficiency and employee engagement. Arendse contributes to initiatives that enhance the capabilities of the workforce, ensuring that SBV Services' teams are equipped to manage the secure processing, storing, and moving of cash. This role is integral to maintaining the company's low-risk profile and its commitment to exceptional customer service across its 25 processing centers and fleet of armored vehicles. Clive Arendse works to align HR practices with the company's evolving needs in the cash industry, supporting its operations throughout South Africa, Lesotho, and Namibia. The Acting Chief People Officer plays a part in fostering a productive environment that upholds the company's ISO 9001:2015 certification.

    Barney Nyundu - Chief People Officer, 2

    Barney Nyundu, the Chief People Officer, 2 at SBV Services, contributes to the strategic management of human resources, with a focus on talent development and organizational effectiveness. Nyundu supports initiatives aimed at building a robust workforce capable of executing SBV Services' specialized cash management solutions, including processing, storing, and moving cash securely. This position is essential for upholding the company's commitment to a low-risk profile and exceptional customer service across its operational footprint in South Africa, Lesotho, and Namibia. Barney Nyundu works to ensure that HR strategies align with the company's objective of meeting the dynamic demands of the cash industry. The Chief People Officer, 2 role reinforces the company's dedication to its employees and its ISO 9001:2015 certification.

    Chantell Gouws - Hro

    Chantell Gouws, the Hro at SBV Services, manages critical human resources functions that support the company's operational framework. Gouws is involved in ensuring that HR policies and practices effectively support the secure processing, storing, and moving of cash, contributing to SBV Services' low-risk profile. This role is key to maintaining the company's commitment to exceptional customer service by ensuring that personnel are well-managed and aligned with organizational goals. Chantell Gouws contributes to the effective functioning of HR operations across SBV Services' extensive network in South Africa, Lesotho, and Namibia. The Hro role supports the broader human capital strategy, reinforcing the company's dedication to understanding and addressing the evolving needs of the cash industry and upholding its ISO 9001:2015 certification.

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    Frequently Asked Questions Regarding SBV Services Top Executives and Leadership Team

    Who leads SBV Services?
    SBV Services is led by Eunice Nkonzo (Chief Revenue Officer), along with executives such as Shalin Pillai (Chief Technology Officer) and Lucas Mashigo (Chief People Officer).
    Who is part of SBV Services’s executive team?
    The executive team of SBV Services includes leaders such as Eunice Nkonzo (Chief Revenue Officer), Shalin Pillai (Chief Technology Officer), Lucas Mashigo (Chief People Officer) and other senior executives.
    How many executives does SBV Services have?
    SBV Services has 6 executives leading key business areas.
    What roles are included in SBV Services’s leadership team?
    The leadership team of SBV Services includes roles such as Chief Revenue Officer, Chief Technology Officer, Chief People Officer, Chief People Officer, Acting 2, Chief People Officer, 2.