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Kim Siegel
Kim is a Founder of 7Pillars Law and a Managing Director of GLS Group. Prior to joining the GLS Group, Kim was a senior in-house legal specialist for 1 of the top 4 banks in South Africa and specialised in IT and procurement negotiation and contracting and compliance matters.
Kim is a client focused, solution driven and innovative lawyer who leverages her experience to ensure that the advice and guidance that she provides is practical, useful and what her clients need.
Indicative Experience
Global: Leading the negotiation of a contract with an international IT vendor for the provision of then enterprise licence agreement globally.
South Africa: Drafting and negotiating a perpetual licence agreement for core banking software.
Global: Concluding a standard escrow agreement with NCC for the safe storage of source code, where required.
South Africa: Successful conclusion of a large outsource transaction for the bank’s testing functionality.
South Africa: Preparation, drafting and review of asset based finance agreements.
South Africa: Negotiating and drafting an agreement for the provision of local WAN services.
General: Drafting and finalising merchant acquiring agreements for a Bank’s credit card division.
Global: Assisting SBSA’s business units implement and observe a global risk and compliance program.
International: Advising, negotiating and drafting an agreement for the provision of domestic and international ernational:WAN services.
Pan-Africa: Leading the negotiations for a software licence, maintenance and services transaction for the acquisition implementation of a code banking system in 16 African countries.
South Africa: The standardisation of the bank’s general procurement agreements including master services agreements, standard terms and conditions, supply agreements.
South Africa: Preparation and finalisation of website terms and conditions and updating them in line with legislative and market developments.
South Africa: Preparation of a corporate governance report for the board of a financial services company.
Pan-Africa: Assisting SBSA’s with a full range of litigation workload, particularly those pertaining to reputational risk.
Global: Preparing submissions to ICANN to protect registered trademarks.
Professional Qualifications
Attorney of the High Court of South Africa
Prior Positions
The Standard Bank of South Africa Limited
Head: Compliance, Governance and Legal Risk Assurance (2012 – 2014)
The Standard Bank of South Africa Limited
Acting Head of Group Legal (Jan 2012 – May 2012)
The Standard Bank of South Africa Limited
Director Group Legal – Litigation, IT & Procurement Legal (2009 – 2012)
The Standard Bank of South Africa Limited
Legal Consultant Group Legal (2003 – 2009)
Werksmans Attorneys
Professional Assistant (1999 – 2002)
Barry Farber & Associates
Professional Assistant (1998 – 1999)
Education
University of Cape Town South Africa
LLM in International and Shipping Law (1999)
University of South Africa
BProc (1996)
Key Strengths
Intimate knowledge of the financial services industry
Delivery of successful contract negotiations
Provision of commercial insight
Team management skills
Makes things happen
Expertise
Documentation Engineering
Process Efficiency Consultancy
Resource Leverage Consultancy
Standardisation Based Efficiency
