People: Blue Label Telecoms Ltd (BLUJ.J)
Mr. Laurence Michael Nestadt is Independent Non-Executive Chairman of the Board of Blue Label Telecoms Ltd. He has over 40 years experience in his long and corporate career, both in South Africa and internationally. Larry is a co-founder and former executive director of Investec Bank Limited. He assisted in the creation and strategic development of a number of listed companies such as Capital Alliance Holdings Limited, Super Group Limited, Hosken Consolidated Investments Limited, SIB Holdings Limited and Global Capital Limited. He is the past chairman on each of the boards of these companies. Larry has also served on the board of directors of Softline Limited, JCI Limited and Abacus Technologies Holdings Limited. He was a former director of a number of non-listed companies, internationally and locally; viz, Stenham Limited (UK) and Prefsure Life Limited (Aus). Currently, Larry is the executive chairman of Global Capital (Proprietary) Limited as well as chairman of the Pro Shop Group, Melrose Nissan-Renault, SellDirect Marketing (Proprietary) Limited and Placo Holdings (Proprietary) Limited. Larry is a respected senior member of the South African business community and his strategic vision, guidance and experience contribute significantly to the board and its deliberations.
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