South African Billionaire Koos Bekker Pays Tribute To Steve Pacak, Naspers' Finance Architect Of Nearly Four Decades

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south african billionaire koos bekker pays tribute to steve pacak naspers finance architect of nearl

Koos Bekker has paid tribute to Steve Pacak, the former M-Net finance boss and longtime non-executive director at Naspers and Prosus, who died at 71 after losing a battle with cancer.

Pacak's death was disclosed through simultaneous regulatory SENS filings on both Naspers and its Amsterdam-listed investment arm Prosus on April 21. He had served on the boards of both companies for nearly four decades, a tenure that spanned the group's transformation from a South African newspaper publisher into one of the world's most consequential technology investors.

Bekker, who chairs both Naspers and Prosus, did not hold back in his tribute. Over almost four decades, Steve was a key mover in the development of our Naspers group, he said. His financial and strategic contributions shaped the company at every significant turn.

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