Aerobotics eyes global expansion as banking innovator joins the business

Stuart van der Veen Aerobotics

Aerobotics has declared plans for “major expansion” around the globe after beefing up its management team with the appointment of Stuart van der Veen as chief platform officer.

The Cape Town-based outfit is currently operating in 11 countries and is allocating significant attention and resources to the agriculture market in the US, particularly California and Florida.

Mr Van der Veen will be based in the US and will manage partnerships in agriculture and adjacent industries around the world for Aerobotics.

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He joins the business from Nedbank Corporate and Investment Banking (CIB), where he was head of disruption and innovation.

His highlights included winning the Financial Times of London ‘The Banker Tech Projects Award for Fintech Partnerships,’ bringing Silicon Valley’s Plug and Play Tech Centre to Africa for the first time and populating a widely admired venture capital investment portfolio.

At Nedbank, he successfully created new market opportunities in strategic industries, including a financial services partnership with Aerobotics in agriculture. Together, they worked to better serve clients by garnering unique data-driven insights through tree crop aerial imagery analytics.

“I am proud and excited to join Aerobotics and help build on the incredible growth they have already been able to achieve,” he commented. “Aerobotics’ technology and services are already providing farmers and the agriculture industry transformative information and insights, and I am excited to contribute to one of the best South African and global stories of our generation.”

Aerobotics officially launched its presence in the US last August and it has already formed significant partnerships and brought on new clients.

“Stuart joining our team is one of the most strategic and significant moves we have made internally at Aerobotics,” said chief commercial officer Andrew Burdock. “Stuart has made a name for himself in the disruption and innovation space and will be a major factor in taking our company to new heights in 2019. We are proud that he is a part of our team.”

In his new role, Mr Van der Veen plans to form partnerships with members of the agriculture industry and open up adjacent industries providing new data to better predict cash flows and drive new ways of distributing and utilising financial services in agriculture.

“This is the year of aerial imagery analytics, and we’d like to work with the world’s most forward and sustainable thinking organisations,” he said. “Agriculture is fast becoming a data driven industry. Engaging with precision farming and our technology means less damage to the environment, enhancing how resources like water are being used and contributing to food security around the world.”

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Andrew Seymour

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