SBV Services Executive and Leadership Team

July, 2026

Leadership Overview

SBV Services has 6 executives leading key functions including technology, revenue, and people operations.

Driven by a commitment to innovation, SBV Services focuses on secure cash management solutions, serving central and commercial banks across Southern Africa with a dedication to exceptional customer service and a low-risk profile.

Leadership Roles at SBV Services

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

    Shalin Pillai, the Chief Technology Officer at SBV Services, architects the company's technological infrastructure, ensuring the secure processing, storing, and moving of cash. Pillai directs the development and implementation of innovative solutions that support SBV Services' operations across over 25 processing centers and a fleet of 600 armored vehicles. This leadership role involves maintaining the integrity of cash management systems and enhancing operational efficiency through advanced technology. By focusing on robust cybersecurity measures and scalable IT frameworks, Shalin Pillai ensures the company uphms its commitment to a low-risk profile. The Chief Technology Officer's strategic vision drives the technological evolution necessary to meet the evolving needs of the cash industry in South Africa, Lesotho, and Namibia.

    Eunice Nkonzo - Chief Revenue Officer

    Eunice Nkonzo, the Chief Revenue Officer at SBV Services, drives the company's revenue generation strategies and market expansion initiatives. Nkonzo oversees all sales operations and client relationship management, focusing on strengthening partnerships with central and commercial banks throughout South Africa, Lesotho, and Namibia. This executive position involves identifying new business opportunities and optimizing revenue streams within the cash management sector. By fostering strong client engagement and delivering exceptional customer service, Eunice Nkonzo ensures SBV Services maintains its leading market position. The Chief Revenue Officer's efforts are critical to sustaining the company's growth and its reputation for innovative, reliable cash handling solutions.

    Lucas Mashigo - Chief People Officer

    Lucas Mashigo, the Chief People Officer at SBV Services, leads the human resources strategy, focusing on talent acquisition, development, and employee engagement across the organization. Mashigo oversees the cultivation of a high-performance culture that supports the company's mission of secure cash management. This role is pivotal in ensuring that SBV Services attracts and retains the skilled personnel necessary to operate its extensive network of processing centers and armored vehicle fleet. By championing employee well-being and professional growth, Lucas Mashigo contributes to the company's operational excellence and its commitment to maintaining a low-risk profile. The Chief People Officer's leadership ensures a motivated and capable workforce.

    Barney Nyundu - Chief People Officer, 2

    Barney Nyundu, the Chief People Officer, 2 at SBV Services, spearheads initiatives focused on organizational development and workforce planning. Nyundu directs strategies aimed at enhancing employee productivity and fostering a cohesive work environment across SBV Services' extensive operational footprint in South Africa, Lesotho, and Namibia. This position involves aligning HR policies with the company's strategic objectives, particularly concerning the safe and efficient handling of cash. By implementing robust talent management programs, Barney Nyundu supports the company's commitment to understanding and addressing the evolving needs of the cash industry. The Chief People Officer, 2's focus on people-centric strategies reinforces SBV Services' operational integrity.

    Clive Arendse - Chief People Officer, Acting 2

    Clive Arendse, the Chief People Officer, Acting 2 at SBV Services, provides interim leadership for key human capital initiatives. Arendse directs the execution of HR strategies designed to support SBV Services' extensive operations in cash management across South Africa, Lesotho, and Namibia. This acting role involves ensuring the continuity of HR services, including talent management and employee relations, crucial for maintaining operational stability. By focusing on immediate HR needs and strategic alignment, Clive Arendse helps uphold the company's commitment to its workforce and its clients. The Chief People Officer, Acting 2's contribution ensures that human resources functions continue to support the company's mission effectively.

    Chantell Gouws - Hro

    Chantell Gouws, the Hro at SBV Services, manages critical human resources functions that underpin the company's operational success. Gouws oversees the implementation of HR policies and procedures, ensuring compliance and efficiency across all departments involved in cash processing, storing, and moving. This role is essential for supporting the large workforce operating SBV Services' 25 processing centers and 600 armored vehicles. By focusing on effective HR administration and employee support, Chantell Gouws contributes to maintaining the company's low-risk profile and its ISO 9001:2015 certification. The Hro's dedication to operational HR excellence is vital for the smooth functioning of SBV Services.

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    Frequently Asked Questions Regarding SBV Services Top Executives and Leadership Team

    Who leads SBV Services?
    SBV Services is led by Shalin Pillai (Chief Technology Officer), along with executives such as Eunice Nkonzo (Chief Revenue 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 Shalin Pillai (Chief Technology Officer), Eunice Nkonzo (Chief Revenue 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 Technology Officer, Chief Revenue Officer, Chief People Officer, Chief People Officer, 2, Chief People Officer, Acting 2.