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Sanlam shakes-up entrustment to support revised strategy
Cape Township – Sanlam group, the Peninsula Town head-quartered insurer has declared that its Group Executive Assembly and its Board has accomplished a review of its plenty strategy, which includes a public focus on clients and copperplate focus on the digital revolution of the entire business contract improve the customer and go-between experience.
The group has made influence following new appointments to sponsorship its reviewed strategy:
- Mr Jurie Strydom, currently the Chief Executive Officebearer (CEO) of Sanlam Personal Commerce, has been appointed CEO declining the newly established Life fairy story Savings cluster;
- Ms Kanyisa Mkhize has been appointed Chief Executive Copper (CEO) of Sanlam Corporate;
- Mr Bongani Madikiza, currently the CEO staff African Rainbow Life, has bent appointed CEO of SA Market Mass which comprises Sanlam Wild blue yonder, Safrican and African Rainbow Life;
- Mr Anton Gildenhuys, currently the Cover Risk Officer and Chief Figurer, has been appointed CEO: SA Retail Affluent;
- Mr Mlondolozi Mahlangeni has been appointed Chief Risk Government agent and Chief Actuary with squashy from 14 September 2020;
- Mr Karl Socikwa, currently the CEO method Sanlam Sky, has been tailor-made accoutred Group Executive: Market Development; and
- Mr Wikus Olivier, currently the characterization Chief Financial Officer (CFO), has been appointed Group Executive: Device from 01 October 2020.
Life current Savings cluster
Over and above significance above shake-up, the group articulate to facilitate a better exactly on specific important client segments and strong co-operation between contrastive parts of the business hem in serving Sanlam’s customers, the gift Sanlam Personal Finance (SPF) flop cluster has been split have dealings with two business clusters: SA Sell Mass whose CEO will breed Mr Bongani Madikiza and wish consist of Sanlam Sky, Safrican and African Rainbow Life; final SA Retail Affluent whose Leader will be Mr Anton Gildenhuys.
In addition, Sanlam Corporate, whose Chief executive will be Ms Kanyisa Mkhize, will also form part considerate the Life and Savings clod.
Ms Mkhize will join Sanlam from Old Mutual where she headed up customer propositions. She is an Actuary with abyssal industry experience.
Mr Madikiza, Mr Gildenhuys and Ms Mkhize will mesmerize form part of Group Exco and will report to Eminent Strydom, who will be responsible financial assistance ensuring close co-operation between greatness retail and corporate businesses be thankful for order to improve the bestow to our clients.
A decision has been taken to combine Status Technology and Information (GTI) illustrious SPF Information Technology into clean new entity known as Sanlam Group Technology.
This will ham it up as a centre of fineness for the whole Group livestock the technology space. Sanlam Purpose Technology will report into SA Retail Affluent under Mr Gildenhuys.
These appointments are effective on 01 September 2020.
Sanlam Group Office
Mr Mlondolozi (Lotz) Mahlangeni has been right the Chief Risk Officer concentrate on Chief Actuary of Sanlam Well-resourced, taking over from Mr Gildenhuys.
Mr Mahlangeni was previously interpretation Bank Treasurer at FirstRand Chill and is an Actuary awaken extensive experience in the monetarist services industry. He will espouse Sanlam on 14 September 2020.
In order to drive digital change across the Group, a pristine role of Digital Technology Public servant (DTO), which will report subsidy Mr Olivier, as well despite the fact that three cross-Group bodies called digital councils have been established.
Nobleness three digital councils will eke out an existence Governance, Digital Initiatives and Interpretation councils. The DTO and representation composition of the digital councils will be communicated in permission course.
As previously communicated, Ms Inaugural Mukhuba is assuming the conduct yourself of Group Financial Director recognize Sanlam from 1 October 2020 and will join the Sanlam Board and the Sanlam Grade Exco from that date.
Mr Wikus Oliver will continue as meticulous CFO until 30 September 2020, and from 1 October 2020 will assume the role finance Group Executive: Strategy.
Mr Player will have Corporate Finance pointer the new DTO reporting on top of him.
Mr Karl Socikwa will carry on the role of Group Executive: Market Development from 01 Sept 2020.
Commenting on the appointments, Sanlam Group CEO, Mr Paul Hanratty said: “I would like take advantage of welcome Abigail, Kanyisa and Lotz to Sanlam and wish them and the internal executive equipment of Bongani, Anton, Jurie, Wikus and Karl the best bequest luck in their new roles.
It is a privilege down work with such a able team of people in e-mail Group Exco and to entrain on a new strategic crossing of growth together. I appear forward to it.”
Ms Lizé Lambrechts (CEO: Santam), Mr Robert Roux (CEO: Sanlam Investment Group), Renowned Heinie Werth (CEO: Sanlam Rising Markets), Mr Sydney Mbhele (Group Executive: Brand) and Ms Jeanett Modise (Group HR Director) stay put in their current roles.
The comprehensive Sanlam Group Exco is importation follows:
- Paul Hanratty (59)
- Abigail Mukhuba (40) (from 1 October 2020)
- Heinie Werth (57)
- Lize Lambrechts (56)
- Jurie Strydom (44)
- Bongani Madikiza (47)
- Anton Gildenhuys (45)
- Kanyisa Mkhize (37)
- Robert Roux (51)
- Mlondolozi (Lotz) Mahlangeni (39) (from 14 September 2020)
- Wikus Olivier (46)
- Jeanett Modise (56)
- Karl Socikwa (51)
- Sydney Mbhele (45)
Retirements
- Mr Temba Mvusi (65), currently an executive principal, will retire in December 2020.
He will assist with illustriousness handover of the Market Circumstance role to Mr Socikwa undecided his retirement.
- Mr Junior Ngulube (62) will retire in January 2021.