Capital Appreciation Limited announced the appointment of Professor Hanoch Neishlos as a Non-executive Director with effect from November 13, 2017. Professor Neishlos is the Founder of African Resonance and will continue to lead the "payments" related activities of company and guide its local and international strategic direction. Hanoch has a wealth of experience in the payment and technology sector, holding the title of Professor of Computer Science. Hanoch is the former ISM Chair and Head of Computer Science at the University of Witwatersrand, also a former South African representative to the International Federation for Information Processing (IFIP). Hanoch was the founder of SEPCO (Pty) Ltd, and co-Founder of Aplitec/Net 1. Having been an integral member of the acquisition team that acquired Cash Paymaster Services (CPS) from FNB, Hanoch is well versed in the latest technologies and cutting edge applications and procedures for the payment, distribution and cash settlement of social grants and welfare payments.