Management

Profiles of the ultimate shareholders of LXS who serve in the executive management of the LXS Board:

Dr. Delwin Roy, an American citizen, is the Chairman of LXS. Dr. Roy and Secretary/Treasurer of Loita Holdings Corporation (Bahamas) as well as the chief officer for corporate governance and compliance, corporate social responsibility, and legal affairs. He also contributes to the Group's strategic planning and management. Dr. Roy holds degrees from the University of California, Berkeley (BS and MBA) and Ph.D. from the Krannert School of Industrial Management, Purdue University. He has served as a Fellow, Center for International Affairs, Harvard University; Senior Fellow, Wharton Applied Research Center; Research Associate, Middle East Research Institute, Univ. of Pennsylvania; and, Visiting Professor, School of Law, Stanford University. Dr. Roy's international professional career includes positions with Cornell University, School of Business and Public Administration; U.S. Agency for International Development; The Ford Foundation; Citibank, N. A., and The Hitachi Foundation (formed by Hitachi, Ltd.) where he served 13 years as Founding President and CEO. His publications include extensive works on Middle Eastern economic policy, education and economic development, international business administration, global corporate responsibility, and public enterprise management. Dr. Roy also serves as Chairman and President, The Eric Edward Roy Fund for Education in Africa (Eric Roy was a Founder of the Loita Group), and is a board member of the Orphan Support Africa, a not-for-profit group committed to building community capacity in support of HIV/AIDS orphans in Africa. He is also a board member of the Santa Cruz County Volunteer Center.

N. Justin Chinyanta, a Zambian citizen, acts as Chairman and Executive Officer of the Loita Group. He is a Barrister at Law with training from the Law Practice Institute of Zambia supported by a Bachelor's degree in law from the University of Zambia. Mr. Chinyanta is a specialist and an expert in the financial markets of eastern and southern Africa, with over twenty years of professional experience in commercial and investment banking in the region. Prior to forming Loita Holdings Corporation, he held senior positions with Citibank and HSBC Equator Bank in Africa. Mr. Chinyanta sits on various Boards of private African corporations and NGOs as well as serves on Zambian Investment and Business Advisory Committee. He is Executive Vice President for the Southern Africa Chapter of the Africa Business Roundtable and has been appointed on the Expert Roster of the United Nations Institute for the Training and Research for the Debt, Financial Management & Negotiation Programmes. Mr Chinyanta is also used as an expert resource by the Macro-economic Finance Management Institute, grouping 12 African countries and the African Export Import Bank. Justin Chinyanta has been invited by Harvard University Weatherhead Center for International Affairs(WCFIA) to become a Fellow. His Fellowship commenced in September 2008, where he is a Fellow in residence. As a Harvard Fellow, he will be appointed as an officer of Harvard University.

Stephen Enderby has more than 15 years experience in the IT industry specifically in the financial arena. Mr Enderby's IT career with Nouvobanq involved exposure to all areas of banking automation. Subsequent to this, he gained valuable experience in Electronic Funds Technology as a software specialist with GR Fairall Ltd, working on such projects as the initial Central African Building Society (CABS) ATM implementation. In 1991 Mr Enderby left to take the position of IT manager for Nouvobanq Botswana, responsible for the bank's infrastructure gaining in depth business experience. After the Nouvobanq merger with First National Bank, Mr. Enderby joined Botswana General Insurance Limited as Project Manager responsible for the implementation of the company's Under-Writing package. Returning to Zimbabwe in 1996, he took up the position of Project Manager with Transaction Processing Systems, later becoming the Business Development Manager responsible for sales, implementation and project management of EFT and eCommerce solutions within the SADC region. Stephen joined the group in 1999 and is responsible for the establishment, development and growth of EFT. He has been the entrepreneurial driving force behind the division's development and the technical implementations. Stephen has the rare ability to create the vision of the group as well as providing the customers with world class technical excellence.

W. G. Barry Ryan, an Australian citizen, is the Managing Director of Fintech International Ltd. Also a former Citibank manager, Mr. Ryan has over nineteen years of experience in planning, developing and implementing banking automation and telecommunications solutions in Africa. He holds a Bachelor's degree in Engineering from Sydney University and a Postgraduate degree in Data Processing from the University of Technology in Sydney. As the Technology Head for Citibank until 1993, he was responsible for managing the technology requirements for the bank's twenty-two branches in eleven countries across Africa.

Mr Yousef S. Bazian co-founded Loita Holding Corporation in 1992, the holding company which owns Loita Capital Partners International, Fintech International and Loita Transaction Services. He currently serves as the Chairman of Fintech International and Loita Transaction Services, the two Information Technology clusters of the Loita Group.

Mr Bazian, a trained banker, was educated at Yarmouk University with a degree in Marketing and Finance. He commenced his career in Citibank, Jordan and transferred to the UK and to Africa to serve as a Resident Vice President in the East African, Indian Ocean and Angolan region until 1992. Mr Bazian then moved to HSBC Equator as Vice President with regional responsibilities for East Africa and Angola until 1994. Following a stint as Regional Manager at Cairo Amman Bank covering the Palestinian Territories based out of Ramallah, Yousef moved to set up and run the Corporate Finance division at Arthur Andersen in Riyadh, Saudi Arabia until 1999.

In 2008, Yousef joined Ernst and Young in the Middle East and was responsible for Transaction Advisory Services for Sovereign Wealth Funds and Private Equity moving in 2009 to set up and lead the PwC Corporate Finance Division in the Middle East and established the industry grouping of SWF and PE. He joined PwC’s ME board of Directors in 2011 where he served until his retirement from the Firm.

Thereafter, Mr Bazian acted as Chief Executive Operations of the Aperture Group Management Company in Qatar. Mr. Bazian serves on the board of directors of Palestine Investment Bank in Ramallah and is a trustee on the board of trustees of The Galilee Foundation, a UK registered foundation focused on education.