Vincent (Vince) Raseroka is a respected businessman in South Africa having served several large corporates at executive level. Assuming the role as executive chairman of the Erustrat Group of companies sees him diversifying his corporate journey into the mining industry. He looks forward to making a sustainable difference in the industry that has been the backbone of the South African economy for centuries. With the right approach, the challenges of this industry can be transformed into opportunity that will help us leave a proud legacy.
“I believe my generation has failed our children by relying too much on what the others and government can do for us. Instead of relying on a saying we all grew up getting inspiration from: “Vuka u Zenzele (wake up and do it for yourself)”. I am keen on building a legacy that will teach our children self-reliance and that “Great Values” should be a compass for our lives instead of being ruled by money.”
Vince brings with him, a wealth of corporate knowledge that he obtained during his career in the South African and African business environment and ran multi-billion rand international and multinational firms in executive roles. Vince started his career as a Human Resources Officer, after obtaining a degree at the University of Nashville, USA in 1984 and rapidly moved into more senior positions. Vince ensured that he remained at the top of his game, through further studies at the Singapore Institute of Management.
Vince’s career propelled when he became Managing Director of Nampak Metal Can Manufacturing in 1995. His success in this division, awarded him a position with Nampak Spicers as Divisional Managing Director and soon after, Divisional Managing Director of PETPAK Division. During his tenure at Nampak, Vince established a leadership programme that enabled their senior staff to cope with change and tough market conditions. He recruited and mentored 5 black divisional directors, was a member of Nampak’s Senior Executive Liaison Committee, Amalgamated Spicers into Peters Papers with a nett operating cost savings of R30million per annum in perpetuity for Nampak. He was nominated by the Nampak Chief Executive Officer to attend the prestigious Stanford University Executive programme.
In 1999, Vince became Managing Director and Vice President of South African Airways Cargo. During this period, he was named Chairman of the Airline Association of Southern Africa as well as Director of SAA Express. Once he made his mark in this area, he moved on to become the Chief Executive Officer of South African Airways, Technical, a company responsible for technical maintenance to International airlines such as Lufthansa, Swissair, British Airways, TAAG (Angola Airlines), Seychelles, to name a few. He achieved many milestones for this business in just over 3 years.
Vince has since held many Director positions, including Managing Director of Cell C, Chief Executive Officer of Telkom (Multi-links based in Nigeria), Executive Chairman of Chevron South Africa, Deputy Executive Officer of Ellerines.
He is currently the CEO of 4 Sight Holdings as well as Chairman of Transcend Capital Investments, Black Industrialist Group, Bridge Taxi Finance and Jet Demolition (Pty) Ltd.
His vast corporate experience and the great success he has achieved during his career, places Erustrat Group Holdings in the strong hands of this very capable Chairman, who wishes to make a difference in the lives of, not only South Africans, but Africa as a continent.