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Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

7,691.00ZAc
19 Jul 2019
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Summary

Name Age Since Current Position

Johan Van Zyl

63 2017 Non-Executive Chairman of the Board

Ian Kirk

61 2015 Group Chief Executive Officer, Executive Director

Patrice Motsepe

57 2004 Non-Executive Deputy Chairman of the Board

Heinie Werth

56 2016 Finance Director, Executive Director

Temba Mvusi

64 2017 Acting Chief Executive Officer of Sanlam Corporate, Executive Director

Jocelyn Hathaway

Acting Chief Executive Officer of Employee Benefits

Lize Lambrechts

56 2015 Chief Executive of Santam

Junior Ngulube

61 2016 Chief Executive Officer of Sanlam Emerging Markets

Robert Roux

55 2015 Chief Executive Officer of Sanlam Investments

Jurie Strydom

44 2017 Chief Executive Officer of Sanlam Personal Finance

Anton Gildenhuys

44 2015 Chief Actuary, Group Risk Officer

Thinus Alsworth-Elvey

44 2019 Chief Executive: Special Projects, Member of the Group Executive Committee

Sydney Mbhele

2019 Chief Executive Officer of Group Brand

Sana-Ullah Bray

2011 Group Company Secretary

Sipho Nkosi

65 2006 Lead Independent Non-Executive Director

Rejoice Simelane

67 2004 Non-Executive Director

Anton Botha

66 2006 Independent Non-Executive Director

Paul Hanratty

58 2017 Independent Non-Executive Director

Karabo Nondumo

41 2015 Independent Non-Executive Director

Christiaan Swanepoel

69 2011 Independent Non-Executive Director

Shirley Zinn

57 2019 Independent Non-Executive Director

Biographies

Name Description

Johan Van Zyl

Dr. Johan van Zyl is Non-Executive Chairman of the Board of the Company. He has been a member of the Board of directors since 2016. He qualifies as a non-executive director and is the Chairman of the Board of directors and a member of the Sanlam Human Resources and Remuneration committee as well as the Nominations committee. He is an expert in insurance, financial markets, investments, general business, human resources, marketing and international business. He originally trained as an agricultural economist and holds two doctorates – a PhD in Economics (Vista) and a DSc in Agriculture (Pretoria). After having worked for the South African Government and NAMPO as an economist, he taught agricultural economics at the University of Pretoria from 1983 to 1994, during which time he was appointed as the Dean of Natural and Agricultural Sciences. He subsequently spent two years at the World Bank as coordinator of Rural Development. In 1996, he became Vice-chancellor and Principal of the University of Pretoria. Dr Van Zyl’s major external positions, directorships and associations include African Rainbow Capital (ARC), Ubuntu-Botho Investments, Steinhoff International and WWF-SA, and he serves as a Council member of the University of Pretoria and as Chairman of the Vumelana Advisory Fund. Dr Van Zyl has a keen interest in economic development and has published widely on a variety of topics related to, in particular, rural development and agriculture in South Africa, the broader Southern African region, Eastern Europe and South America. He is the author of more than three hundred journal articles and several books.

Ian Kirk

Mr. Ian M. Kirk has served as Group Chief Executive Officer, Executive Director of SANLAM LIMITED since July 1, 2015. Within the Company, he served as Deputy Group Chief Executive between January 1, 2015 and July 1, 2015; as Chief Executive of Santam between 2007 and September 9, 2014; and as Chief Executive - Strategy and Special Projects between 2006 and 2007. He is an expert in general insurance, life insurance, financial markets and investment, as well as general and international business. Mr. Kirk was the Chief Executive of Santam from 2007 until 2014 and was also Chief Executive: Strategy and Special Projects at Sanlam. He was a partner in Pricewaterhouse, CEO of Capital Alliance Holdings and Deputy CEO of the Liberty Group. He is currently a director of Santam, Beaux Lane (SA) Properties, Shriram Capital, Afrocentric, Sanlam Life other subsidiary boards in the Sanlam Group as well as the Chairman of the Association of Savings and Investment South Africa (ASISA). Mr. Kirk qualified as a CA (SA) and has an HDip BDP and FCA (Ireland).

Patrice Motsepe

Dr. Patrice T. Motsepe has served as Non-Executive Deputy Chairman of the Board of SANLAM LIMITED since 2004. He has been a member of the Board of directors since 2004. He is expert in governance, law, compliance, general and international business. He is the founder and Executive Chairman of African Rainbow Minerals (ARM). He is also the founder and Chairman of Ubuntu-Botho Investments, African Rainbow Capital (ARC), African Rainbow Energy and Power (AREP) and is the Chairman of Harmony. He was a partner in one of the largest law firms in South Africa, Bowman Gilfillan Inc. He was a visiting attorney in the USA with the law firm McGuire Woods Battle and Boothe. In 2002, he was voted South Africa’s Business Leader of the Year by the chief executive officers of the top 100 companies in South Africa. In the same year, he was the winner of the Ernst & Young Best Entrepreneur of the Year Award. He is a member of the International Business Council (IBC) of the World Economic Forum, which is made up of 100 of the most highly respected and influential chief executives from all industries. He is also a member of the Harvard Global Advisory Council and the International Council on Mining and Metals (ICMM). He is a recipient of numerous other business and leadership awards and recognitions including: World Economic Forum Global Leader of Tomorrow, 1999; Afrikaanse Handelsinstituut, Louw Award for Exceptional Business Achievement, 2003; South African Jewish Report, Special Board Members Award for Outstanding Achievement, 2004; African Business Roundtable, USA, Entrepreneur and Freedom of Trade Award, 2009; McGuire Woods Outstanding Alumnus Awards, 2009; BRICS (Brazil, Russia, India, China, South Africa) Business Council, Outstanding Leadership Award, 2014; Harvard University Veritas Award for Excellence in Global Business and Philanthropy, 2014. Member of the human Resources Committee as of March 2, 2004. Member of the Nominations Committee as of July 1, 2006. Member of the Remuneration Committee as of March 2, 2004.

Heinie Werth

Mr. Heinie Carl V. Werth is Finance Director, Executive Director of Sanlam Limited., since October 1, 2016. He qualifies as an executive director and is a member of the Risk and Compliance committee. He is an expert in accounting, finance, financial markets and investment, general business and risk management. Mr Werth is a non-executive director of major Sanlam subsidiaries such as Santam, Sanlam Capital Markets, Sanlam Emerging Markets, Sanlam Investment Holdings and Genbel Securities. He also serves as a nonexecutive member of several Sanlam Group Cluster boards such as Sanlam Personal Finance and Sanlam Employee Benefits. Mr Werth was also a former Chief Executive of Sanlam Emerging Markets (previously Sanlam Developing Markets) from 2005 until 2016. He served as a non-executive director of Shriram Capital (India), Saham Finances (Morocco), Botswana Insurance Holdings and Sanlam Namibia as well as various other subsidiaries in the SEM cluster. He was Senior General Manager (IT) of Sanlam Life, Financial Director of Sanlam Life, Financial Director of Sanlam Employee Benefits, Manager: Corporate Finance of Gencor, and Financial Director of Kelgran. Mr Werth is a qualified Chartered Accountant CA(SA) with a BAcc (Hons), and an MBA and EDP (Manchester).

Temba Mvusi

Mr. Temba I. Mvusi is Acting Chief Executive Officer of Sanlam Corporate, Executive Director of Sanlam Limited., since April 1, 2017. He has been a member of the Board of directors since 2004. He qualifies as an executive director of Sanlam Life Insurance Limited and Sanlam Limited. He is a non-executive director of Sanlam Private Wealth, Sanlam Investment Management and Sanlam Investment Holdings. He is an expert in financial markets and investments, and has in-depth knowledge of general business, human resources and law. He has been the Chief Executive: Market Development since August 2005 and was appointed as Acting CEO: Sanlam Corporate in April 2017. Mr Mvusi is also the Chairman of IEMAS Financial Services, independent director of Northam Platinum and non-executive director of Umso Construction. His qualifications include a Diploma in International Relations (University of New Delhi), a BA, an ELP (Wharton School of Business), an MAP and a PDP.

Jocelyn Hathaway

Lize Lambrechts

Ms. Lize Lambrechts serves as Chief Executive - Santam of the Company. Her qualifications includes BSc (Hons), FIA, EDP (Manchester). She is Non-executive director of Sanlam Developing Markets, Sanlam Linked Investments, Sanlam Life & Pensions UK, Channel Life and Director of Glacier Financial Holdings and Sanlam UK. Started her career in actuarial training in Sanlam in 1985 and held various senior positions in the Group’s retail business.

Junior Ngulube

Mr. Junior John Ngulube is Chief Executive Officer of Sanlam Emerging Markets of the Company. He was Chief Executive Officer of Sanlam Corporate Business Cluster of Sanlam Limited as of February 1, 2016. He joins Sanlam from Munich Reinsurance Company of Africa where he was the Chief Executive Officer of their sub-Saharan operations since 2007 following a career that spanned 28 years in various positions within the Munich Re group. He holds a Bachelor of Science in Agriculture from the University of Zimbabwe, a Master of Science in Agriculture from the Pennsylvania State University, as well as a post graduate Diploma in Financial Management from Damelin College of Damelin Management School in South Africa. He has achieved various industry qualifications and attended various courses at business schools in South Africa, the United States, Singapore and France. The Sanlam Corporate business cluster is being formed in line with Sanlam’s overarching strategy to support the delivery of an enhanced and integrated solution to the Group´s corporate clients, both in South Africa and the rest of the African continent. It will collaborate and maintain strong links with the other four existing clusters in the Group (Sanlam Emerging Markets, Sanlam Investments, Sanlam Personal Finance and Santam) to ensure delivery of a seamless holistic solution to corporate clients and their intermediaries.

Robert Roux

Mr. Robert Roux serves as Chief Executive Officer of Sanlam Investments of the Company. He has been Non-executive director of Artisan Real Estate Investors Limited, Centre Asset Management LLC, Cognitio Investments (Pty) Limited, Coris Capital (Pty) Limited, Coris Capital Holdings (Pty) Limited, Curo Fund Services (Pty) Limited, Sanlam FOUR Limited., Genbel Securities Limited, Sanlam Asset Management Ireland, Sanlam Capital Markets (Pty) Limited, Sanlam Insurance Bermuda Limited, Sanlam International Investments Limited, Sanlam International Investment Partners Limited Mauritius, Sanlam Investment Holdings (Pty) Limited, Sanlam UK, Sanlam Life & Pensions UK Limited. Previously, he was Chief Operating Officer of Sanlam Investments.

Jurie Strydom

Mr. Jurie Strydom is Chief Executive Officer of Sanlam Personal Finance of Sanlam Limited. Previous positions: Chief Executive of Regent Insurance Group; Executive Director of Imperial Holdings; Managing Director of Alexander Forbes Life; General Manager of Sanlam Broker Services.

Anton Gildenhuys

Mr. Anton Gildenhuys is Chief Actuary, Group Risk Officer of the Company. He has been Chief Executive of SPF Actuarial, Chief Executive of SPF Strategic Business Development, Head of Product Development, Development actuary and Valuations actuary. He is also Non-executive director of Sanlam Developing Markets Limited, Sanlam Life and Pensions UK Limited.

Thinus Alsworth-Elvey

Mr. Thinus Alsworth-Elvey was appointed Chief Executive: Special Projects, Member of the Group Executive Committee of SANLAM LIMITED as of April 1, 2019. Mr. Alsworth-Elvey joins Sanlam from MMI where he was the CEO: Momentum Corporate. Mr. Alsworth-Elvey holds a Master´s degree in Law from Stellenbosch University and various other qualifications, including a Postgraduate Tax Diploma from the University of Cape Town. He has built a record of accomplishment in financial services over the years, having led and had accountability for various businesses including Momentum Corporate, Momentum and Metropolitan Health, Momentum Investments (including the UK business) and MMI Life Insurance, among others. He has also worked with business partners in various other African countries and in India.

Sydney Mbhele

Mr. Sydney Mbhele is appointed as Chief Executive Officer of Group Brand of the Company effective April 1, 2019. Until recently, Mr. Mbhele was the Chief Marketing and Communications Officer for the Liberty Group. He is a chartered marketer with experience in sectors including financial services and fast moving consumer goods (FMCG) in local and international blue chip companies. His portfolio will include the Group´s brand, communications and sustainability functions as well as the Sanlam Foundation. Among other qualifications, he holds a Bachelor of Social Science degree from the University of Cape Town and a Master of Business Administration from the University of Pretoria´s Gordon Institute of Business Science.

Sana-Ullah Bray

Mr. Sana-Ullah Bray is Group Company Secretary of the Company He is also the Company Secretary of Sanlam Life Insurance Limited with effect from 1 January 2011. He has been the Company Secretary of Santam Limited., since 2004. Mr. Bray holds the following qualifications: LLB (University of the Western Cape), MDP (University of Pretoria).

Sipho Nkosi

Mr. Sipho Abednego (SA) Nkosi has served as Lead Independent Non-Executive Director of Sanlam Limited since March 8, 2006. He is a member of the Non-executive Directors committee and the Lead Independent Directors committee. He is an expert in governance and marketing as well as general business. He was the CEO of Exxaro Resources Limited. Prior to this, he was one of the founders and CEO of Eyesizwe Coal. Before Eyesizwe Coal, he was Country Manager of ABB Alstom Power (SA) after previously working with Anglo Coal and Ingwe. He was Export Marketing Coordinator in the international marketing division of Anglo Coal from 1986 to 1991. In 1992, he joined Ingwe as the Marketing Manager responsible for international coal marketing. This position involved extensive travel and provided him with an in-depth knowledge and understanding of the coal industry worldwide. He serves on a number of company boards including Sanlam. He is a past President of the Chamber of Mines of South Africa and has been serving on the Executive Council of the Chamber since November 2006. Previously, he served as Chairman of the Chamber’s Collieries Committee and as the Head of Strategy at Southern Life. He is currently the Chairman of Talent10 Holdings. In November 2012, he was the South African winner in the Master Entrepreneur Category of the Ernst & Young World Entrepreneur Award and represented South Africa at the global awards in Monte Carlo in June 2013. On 18 October 2013, he received the Tinie Louw Award at the Afrikaanse Handelsinstituut’s National Congress in recognition of his business leadership. He holds the following degrees: BCom (University of Zululand), BCom (Econ) (Hons) (University of South Africa - UNISA), MBA (University of Massachusetts, Boston) and a Diploma in Marketing Management (University of South Africa - UNISA). In July 2009, he completed the Advanced Management Program at the University of Oxford in the UK. Chairman of the Nominations Committee of the Company as of September 5, 2017.

Rejoice Simelane

Dr. Rejoice V. Simelane, Ph.D., is Non-Executive Director of the Company. Dr Simelane has been a member of the Board of directors since 2004. She qualifies as a non-executive director and is the member of the Social, Ethics and Sustainability committee. She is an expert in economics and finance, audit, risk, compliance, law, governance as well as the general business. Dr Simelane obtained her Ph.D. in Economics from the University of Connecticut, USA, in February 1994. Dr Simelane started her career as a lecturer at the University of Swaziland in 1978, where she lectured in econometrics and mathematics economics as well as intermediate microeconomics and macroeconomics. She was appointed as the director of the public utility regulation and pricing policy unit at the National Treasury of South Africa. Dr Simelane has published various academic papers in economics, development and strategy. She has been the CEO of Ubuntu-Botho Investments (Pty) Ltd since 2004 and a board member of ARM Gold since 2002. She previously served as a board member of Standards Generation Body (SGB) in Economics hosted by the Department of Economics at the University of Pretoria between 2000 and 2001. She represented the Department of Finance at the Industrial Participation Programme managed by the Department of Trade and Industry (dti) in 2000. She was a board member of the Swaziland Royal Insurance Co-operation from 1997 until 1999. Dr Simelane is the Chairperson of the Social, Ethics and Sustainability committee, and a member of the Risk and Audit committee, the Non-executive Directors’ committee as well as the Nominations committee of ARM Gold.

Anton Botha

Mr. Anton Dirk Botha has served as Independent Non-Executive Director of Sanlam Limited since March 8, 2006. He qualifies as an independent non-executive director and is the Chairman of the Human Resources and Remuneration committee as well as a member of the Audit and Risk committee. The Board has appointed him as Audit committee financial expert. He is also an expert in risk and compliance as well as financial markets, investments general business, human resources, marketing and international business. Mr Botha obtained a BProc and BCom in marketing from the University of Pretoria. He further holds a BCom (Hons) in Investment Management from the University of Johannesburg and took part in the Executive Development Program at Stanford University in the USA. Mr Botha is a director and co-founder of Imalivest, a private investment group that manages the capital of its owners, as well as the Imalivest unit trusts. Mr Botha also serves as a non-executive director on the boards of: University of Pretoria, JSE Limited, African Rainbow Minerals Limited, Vukile Property Fund Limited, Mr Botha made a career in investments at Gencor, Genbel and Gensec from 1981 to 2001. Between 1986 and 2001, he was the Chief Executive Officer of Gensec during which time he helped to build it into a leading South African investment banking group. Prior to becoming a wholly owned subsidiary of Sanlam Limited in December 2000, Gensec was recognized as one of South Africa’s 40 largest listed companies. Member of the Audit, Actuarial and Finance Committee.

Paul Hanratty

Mr. Paul B. Hanratty has served as Independent Non-Executive Director of Sanlam Limited since April 3, 2017. He obtained his bachelor’s degree in Actuarial Sciences (B.Bus.Sc (Hons) from the University of Cape Town in 1984. He is a fellow of the Institute of Actuaries (FIA). He started his career at Old Mutual SA in 1984 where he filled various roles including that of Head of Product Development. He was appointed CEO of Old Mutual SA – a position which he occupied from 2006 until 2008. From 2009 to 2010 he was appointed as CEO of Long Term Savings and was responsible for the insurance and asset management businesses of Old Mutual in the USA, the UK, Scandinavia, Europe, SA as well as Africa and other emerging markets. He served as the Old Mutual Group Operating Officer until his retirement in 2016. As Chairman at Old Mutual SA from 2010 to 2016, he was responsible for the emerging markets insurance and asset management business and the UK Wealth Management business, as well as serving on the board of Nedbank and driving the restructuring of the South African group to prepare for the “Twin Peaks” regulations in SA. He has been a director of MTN since 2016, is the non-executive Chairman of Intelligent Debt Management (IDM), and also serves on the board of Columbia Leadership – a leadership development charity for young people. He is Chairman of the Audit committee, Chairman of the Finance committee and Ignite (business transformation) Advisory committee and a member of the MTN Group. He is also a member of the Audit and Risk committee and the Chairman of the Remuneration committee of the IDM. Member of the Audit, Actuarial and Finance Committee.

Karabo Nondumo

Ms. Karabo Tshailane Nondumo has served as Independent Non-Executive Director of Sanlam Limited since December 3, 2015. She qualifies as an independent non-executive director and is a member of the Audit, Actuarial and Finance committee, Risk and Compliance, Human Resources and Remuneration as well as Nominations committees. The Board has appointed her as Audit committee financial expert. She is also an expert in risk and compliance, governance as well as human resources and remuneration. Ms Nondumo obtained her bachelor’s degree in Accounting from the University of Natal in 1999 and her Higher Diploma in Accounting from Wits University in 2000. She qualified as a Chartered Accountant in 2003. Ms Nondumo started her career at PricewaterhouseCoopers (PwC) where she gained valuable experience in financial services (insurance and banking), manufacturing and telecommunications. From 2004 to 2007 she was appointed as an Investment Principal at Shanduka Group and was responsible for the analysis and implementation of transactions for the resource, financial services and energy divisions. She was also an executive assistant to the Chairman of Shanduka Group. In 2008, she became the inaugural CEO of AWCA Investment Holdings (AIH), an investment company for black female Chartered Accountants. From 2010 to 2014 she played various roles within Vodacom Group – as Executive Head: Corporate Finance, Mergers and Acquisitions, as well as Executive Head: Enterprise Business Unit. She runs her own company that supplies products to general industry and enables SMEs through technology. Ms Nondumo is the Chairperson of the following committees: Audit and Risk committee (Merafe Resources Limited), Audit and Risk committee (MTN South Sudan), Remuneration committee (Brightrock Holdings Limited). Member of the Audit, Actuarial and Finance Committee. Accounting degree from Wits University 2000, Bachelors degree in Accounting from Natal University 1999.

Christiaan Swanepoel

Mr. Christiaan Gerhardus (Chris) Swanepoel has served as Independent Non-Executive Director of SANLAM LIMITED since March 25, 2011. He was the Chief Actuary of Sanlam from 1 January 1990 up until his retirement on 31 August 2005. He qualifies as an independent non-executive director of Sanlam Limited and Sanlam Life Insurance Limited. He is the current Chairman of the Sanlam Risk and Compliance committee as well as the Sanlam Customer Interest committee. He also has directorships in various Sanlam subsidiary companies. He also has expert knowledge in finance, actuarial, risk and compliance as well as ethical governance. He served as adviser to the Van der Horst Committee, which led to the creation of the FSB (Financial Services Board). He also served on the Advisory Committee on Long-term Assurance (FSB) for three terms. Mr. Swanepoel qualified as a Fellow of the Institute of Actuaries in 1975. He served the actuarial profession as a member of the ASSA (Actuarial Society of South Africa) council, which included a stint as Honorary Secretary; as a member of the Life Assurance Committee (for 12 years, of which six was spent as convener); as an examiner of the subject Life Assurance (South African version) of the professional exams; and as the first Chairman of ASSA's Board of Examiners. He received a Bachelor of Science degree from University of South Africa - UNISA in 1982. He was Member of the Audit Committee of the Company between June 8, 2011 and 2015, and Member of the Finance Committee of the Company between June 8, 2011 and 2016.

Shirley Zinn

Prof. Shirley A. Zinn is Independent Non-Executive Director of Sanlam Limited. Her Major external positions, directorships and associations: Independent Non-Executive Director of Shoprite Group, MTN-SA, Afrocentric, AdVtech, Boston Consulting Group SA, Business Engage, LRMG, NPI and Cricket South Africa; Trustee of Nedbank Eyethu Community Trust; Member of the Advisory Committee for the Faculty of Economic and Management Sciences at University of Pretoria; Member of the Advisory Board of Monash South Africa; Vice-President of Harvard University Alumni Association South Africa; Ambassador at Orbis Charitable Trust Africa; Board Member of Takeover Regulation Panel; Board Member of Community Chest: University of Cape Town Council Member.

Basic Compensation