Desmond Sacco | |
---|---|
Born | Johannesburg, South Africa |
Nationality | South African |
Occupation | Businessman |
Desmond Sacco is a South African businessman. He serves as Chairman and Managing Director of Assore Limited (JSE: ASR).
Desmond Sacco was born in Johannesburg, South Africa.[1] His father, Guido Sacco, founded the Assore Group in 1928.[1][2][3][4] He received a Bachelor of Science in Geology from the University of South Africa, where he played cricket and hockey.[2][5][6]
In 1968, Sacco joined the Assore Group, a public company traded on the Johannesburg Stock Exchange founded by his father four decades earlier.[2][6] He was appointed to its board of directors in 1974, and has served as its Chairman and Managing Director since 1992.[2][6] He also serves as Chairman of Assmang Limited.[5][7]
Sacco is a fellow of the Institute of Directors and the Geological Society of South Africa.[5][6]
Sacco was worth US$1.1 billion in 2018.[2]
Sacco resides in his hometown of Johannesburg.[2] He is married, and has two children.[2]