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Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

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18 Sep 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

Wikus Olivier

2019 Interim Chief Financial Officer

Temba Mvusi

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

Thinus Alsworth-Elvey

46 2019 Chief Executive - Sanlam Corporate

Jocelyn Hathaway

Acting Chief Executive Officer of Employee Benefits

Lize Lambrechts

51 2015 Chief Executive of Santam

Robert Roux

55 2015 Chief Executive Officer of Sanlam Investments

Jurie Strydom

44 2017 Chief Executive Officer of Sanlam Personal Finance

Jeanett Modise

54 2019 Chief Human Resource Officer, Executive Director, Member of the Executive Board

Heinie Werth

56 2019 Executive Director, Chief Executive Officer of Sanlam Emerging Markets

Anton Gildenhuys

44 2015 Chief Actuary, Group Risk Officer

Sydney Mbhele

45 2019 Chief Executive Officer of Group Brand

Sana-Ullah Bray

2011 Group Company Secretary

Sipho Nkosi

65 2016 Lead Independent Non-Executive Director

Rejoice Simelane

67 2004 Non-Executive Director

Andrew Birrell

2019 Non-Executive Independent Director

Anton Botha

66 2006 Independent Non-Executive Director

Paul Hanratty

58 2017 Independent Non-Executive Director

Mathukana Mokoka

45 2018 Independent Non-Executive Director

Karabo Nondumo

41 2015 Independent Non-Executive Director

Christiaan Swanepoel

69 2011 Independent Non-Executive Director

Shirley Zinn

58 2018 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 qualifies as a non-executive director and is the Chair 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, Ubuntu- Botho Investments and the Vumelana Advisory Fund, of which he is the chair. 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 300 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. He was appointed Deputy Chief Executive of Sanlam on 1 January 2015 and Group Chief Executive on 1 July 2015. He qualifies as an executive director and serves on the Audit, Risk, SES, Nominations and Human Resources and Remuneration committees. He is an expert in general insurance, life insurance, financial markets and investment, and general and international business. Mr Kirk was formerly Chief Executive of Santam from 2007 to 2014 and Chief Executive: Strategy and Special Projects at Sanlam. He was appointed to the PriceWaterhouse partnership in 1986, was the CEO of Capital Alliance Holdings and Deputy CEO of the Liberty Group. He is currently a director of Santam, Shriram Capital, Afrocentric, Sanlam Life, other subsidiary boards in the Sanlam Group and the chair 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 is Non-Executive Deputy Chairman of the Board of SANLAM LIMITED since 2004. He is a non-executive director and a member of the Nominations and Human Resources committees. He is an expert in governance, law, compliance, as well as general and international business. Dr Motsepe has a BA law degree (University of Swaziland), LLB (Wits University), Doctor of Commerce (honoris causa) (Wits University), Doctor of Commerce (honoris causa) (Stellenbosch University), Doctor of Management and Commerce (honoris causa) (Fort Hare) and Doctor of Laws (honoris causa) (University of Eswatini, formerly University of Swaziland). Dr Motsepe is the founder and executive chair of African Rainbow Minerals (ARM). He is also the founder and chair of Ubuntu-Botho Investments, African Rainbow Capital and African Rainbow Energy and Power. He is the chair of Harmony Gold and President of Mamelodi Sundowns Football Club. He was a partner in one of the largest law firms in South Africa, Bowmans, and was also a visiting attorney in the USA with the law firm, McGuireWoods. In 2002 Dr Motsepe 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. In 2017 Forbes Magazine commemorated its 100th Anniversary and honoured Dr Motsepe as one of the “100 Greatest Living Business Minds” in the world. Dr Motsepe 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).

Wikus Olivier

Temba Mvusi

Mr. Temba I. Mvusi is Acting Chief Executive Officer of Sanlam Corporate, Executive Director of Sanlam Limited., since April 1, 2017. He qualifies as an executive director of Sanlam Life Insurance Limited and Sanlam Limited. He is a non-executive director of 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 legal. His qualifications include the following: Diploma in International Relations (University of New Delhi), BA, ELP (Wharton School of Business), MAP and PDP. He has been the Chief Executive: Market Development since August 2005 and was appointed Acting CEO: Sanlam Corporate in April 2017. Mr Mvusi is also an independent director of Northam Platinum and non-executive director of Umso Construction.

Thinus Alsworth-Elvey

Mr. Thinus Alsworth-Elvey is Chief Executive - Sanlam Corporate of SANLAM LIMITED. He was Chief Executive of various businesses in the Momentum Metropolitan Group including Corporate and Investments. He has served on a number of boards including RMI Investment Managers, Aluwani Capital Partners and Eris Properties. He currently serves on the board of Afrocentric Investment Corporation.

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.

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.

Jeanett Modise

Ms. Jeanett Modise is Chief Human Resource Officer, Executive Director, Member of the Executive Board of the Company. She is Sanlam Investment Group´s (SIG) Chief Human Resources Officer. Ms. Modise, an accomplished HR executive, joined the Group in 2014 as Executive: HR and Transformation at Santam where she spent three years before taking up her current position at SIG. She has an established record in other blue chip and multinationals such as SAP, Hewlett Packard, Nedbank and AngloGold Ashanti, where she was before joining the Group. Among other qualifications, she holds a Master´s degree in Business Leadership and a B.Com (Business Management) from the University of South Africa - UNISA. She has also attended Senior Executive and Advanced Management Development for Senior Executives programs at Harvard Business School and Insead Business School respectively.

Heinie Werth

Mr. Heinie Carl V. Werth has been appointed as Chief Executive Officer of Sanlam Emerging Markets of the company Effective Agust 01, 2019. and he will continue as Executive Director of Sanlam Limited. Effective August 01, 2019. he is no longer as Finance Director of the company. Effective August 01, 2019. 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 non-executive member of several Sanlam Group cluster boards such as Sanlam Personal Finance and Sanlam Employee Benefits. Mr Werth was also a former Chief Executive Officer of Sanlam Emerging Markets (previously Sanlam Developing Markets) from 2005 to 2016. He served as a non-executive director of Shriram Capital (India), Saham Finances (Morocco), Botswana Insurance Holdings and Sanlam Namibia and various other subsidiaries in the SEM cluster. He also worked as Senior General Manager (IT) at Sanlam Life, Financial Director at Sanlam Life and Sanlam Employee Benefits, Manager: Corporate Finance at Gencor, and Financial Director at Kelgran. Mr Werth is a qualified Chartered Accountant (CA(SA)) and also holds a BHons Accountancy, an MBA and an EDP (Manchester).

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.

Sydney Mbhele

Mr. Sydney Mbhele is 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 is Lead Independent Non-Executive Director of Sanlam Limited. He has been a member of the Board of Directors since 2006 and became the Lead Independent Director of the Sanlam Board on 19 December 2016. Mr Nkosi is a member of the Non-Executive Directors’ committee and is the chair of the Independent Directors Committee. He is an expert in governance, marketing as well as the general business. Mr Nkosi was the CEO of Exxaro Resources Limited. Prior to this, Mr Nkosi was one of the founders and CEO of Eyesizwe Coal and Country Manager of ABB Alstom Power (SA), having previously worked with Anglo Coal and Ingwe. He was export marketing co-ordinator in the international marketing division of Anglo Coal from 1986 to 1991. In 1992 Mr Nkosi 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. Mr Nkosi serves on a number of company boards including Sanlam. Mr Nkosi 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 chair of the Chamber’s Collieries Committee and the head of strategy at Southern Life. He is currently the chair of Talent10 Holdings. In November 2012 Mr Nkosi 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 for his business leadership. Mr Nkosi holds the following degrees: BCom (University of Zululand), BCom (Hons) (Econ) (Unisa), MBA (University of Massachusetts, Boston) and a Diploma in Marketing Management (Unisa) and in July 2009 he completed the advanced Management Programme at the University of Oxford in the UK.

Rejoice Simelane

Dr. Rejoice Vakashile Simelane, Ph.D., is Non-Executive Director of the Company. Her areas of expertise include economics and finance, audit, risk, compliance, law, governance and general business. Dr Simelane obtained her PhD in Economics at the University of Connecticut in the USA in February 1994 and her LLB from the University of South Africa in 2010. Dr Simelane commenced her career at the University of Swaziland as a lecturer in economics. Between 1998 and 2001 she worked at the National Department of Trade and Industry and the National Treasury. After that she served in the capacity of Special Adviser: Economics, to the then Premier of Mpumalanga until mid-2004, when she assumed the position of Chief Executive of Ubuntu-Botho Investments (UBI), Sanlam’s empowerment partner, until 2016. While she remains an executive director at UBI, she also serves as a non-executive director on the board of African Rainbow Capital, a wholly owned subsidiary of UBI. Dr Simelane’s other board directorships include African Rainbow Minerals, where she is also the chairperson of the Social and Ethics committee and a member of the Audit, Risk, Nominations and the Non-executive Directors committees. She also sits on the boards of African Rainbow Energy and Power and Mamelodi Sundowns Football Club. Through the latter, Dr Simelane was elected onto the executive committee of the Premier Soccer League in 2016. A CIDA Scholarship Recipient and a Fulbright Fellow, Dr Simelane also served as a member of the Presidential Economic Advisory Panel under former President Mbeki until 2009.

Andrew Birrell

Mr. Andrew Birrell is Non-Executive Independent Director of the Company. Andrew is a qualified actuary with over 25 years’ post qualification experience and holds a B.Bus.Sc. degree in Actuarial Science and the Chartered Enterprise Risk Actuary (CERA) credential. He has sound public and private sector experience in life insurance, asset management, wealth management, general insurance, cell captive insurance and internet banking. His past experience on boards and Board Committees of regulated companies involved in Life Insurance, Health Insurance, General Insurance, Stock Broking, Investment Management and Banking in the United Kingdom, South Africa, Ireland, Scandinavia and Canada stands him in good stead of this appointment.

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, is the chair of the Human Resources and Remuneration committee and a member of the Audit and Risk committees. The Board has appointed him as Audit committee financial expert. He is also an expert in risk and compliance as well as in financial markets, investments general business, human resources, marketing and international business. Mr Botha obtained a BProc from Unisa and a BCom in marketing from the University of Pretoria. He further holds a BCom (Hons) degree in Investment Management from the University of Johannesburg and has completed an Executive Development Programme 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 the University of Pretoria and African Rainbow Minerals 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, building it into a leading South African investment banking group. Prior to becoming a wholly owned subsidiary of Sanlam Limited in December 2000, Gensec was recognised as one of South Africa’s 40 largest listed Companies.

Paul Hanratty

Mr. Paul B. Hanratty has served as Independent Non-Executive Director of Sanlam Limited since April 3, 2017. He is also an expert in actuarial, risk and compliance as well as ethics governance. Mr Hanratty 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 filled from 2006 to 2008. From 2009 to 2010 he was appointed as CEO of Long-term Savings, where he was responsible for the insurance and asset management businesses of Old Mutual in the USA, UK, Scandinavia, Europe, South Africa, Africa and emerging markets. He served as the Old Mutual Group Operating Officer until his retirement in 2016. As chair of 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 SA Group to prepare for “Twin Peaks” regulation in South Africa. Mr Hanratty has been a director of MTN since 2016, is the non-executive chair of Intelligent Debt Management (IDM) and also serves on the board of Columbia Leadership, a leadership development charity for young people. Mr Hanratty is chair of the Audit committee, chair of the Finance Committee and Ignite (business transformation) and an advisory committee member of the MTN Group. He is also a member of the Audit and Risk committee and the chair of the Remuneration committee of the IDM.

Mathukana Mokoka

Ms. Mathukana Mokoka is Independent Non-Executive Director of the Company. Ms Mokoka is a qualified Chartered Accountant (CA(SA)) and completed her articles with Arthur Andersen (KPMG). She has a diversity of work experience, ranging from strategic and financial management and corporate finance to experience in the deal-making environment. She has held senior positions at Woolworths, Cadiz Corporate Solutions and Standard Bank. Ms Mokoka currently serves as an independent nonexecutive director at Contract Services Group, Palabora Mining Company, Rolfes Holdings. Ms Mokoka is a member of the Institute of Directors in Southern Africa.

Karabo Nondumo

Ms. Karabo Tshailane Nondumo is 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, Risk, Human Resources and Remuneration, Customer Interest and Nominations committees. The Board has appointed her as Audit committee financial expert. She is also an expert in risk and compliance, governance and 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, where she 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 Chair 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 served in various roles in the Vodacom Group: executive head for corporate finance, mergers and acquisitions, as well as executive head for the enterprise business unit. She has interests in investments, corporate advisory and supply of goods and services to general industry. She holds independent non-executive directorship roles in some of the Sanlam Group subsidiaries.

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 to his retirement on 31 August 2005. He qualifies as an independent non-executive director of Sanlam Limited and Sanlam Life Insurance Limited. He is currently the chair of the Sanlam Risk and Compliance committee as well as of the Sanlam Customer Interest committee. The Board has appointed him to these committees because of his expert knowledge in finance, actuarial, risk and compliance as well as ethics governance. He also has directorships in Sanlam Personal Finance, Sanlam Developing Markets Limited and Channel Life Limited. He served as adviser to the Van der Horst committee, which led to the creation of the Financial Services. He also served on the Advisory Committee on Long-term Assurance (FSB) for three terms. Mr Swanepoel qualified as an actuary in 1975. He served the actuarial profession as a member of the Actuarial Society of South Africa (ASSA) council, including a stint as honorary secretary, as a member of the Life Assurance Committee (12 years of which 6 as convener), as an examiner of the subject Life Assurance of the professional examinations and as the first chair of ASSA’s board of examiners.

Shirley Zinn

Prof. Shirley A. Zinn is Independent Non-Executive Director of Sanlam Limited. Prof Shirley Zinn is the former group head of Human Resources at Woolworths Holdings Limited. Prior to this, she was the head of Human Resources at Standard Bank South Africa and Deputy Global Head of Human Resources for the Standard Bank Group. She also registered her own company, Shirley Zinn Consulting, that provides consulting and advisory services in HR, transformation, leadership and education. Prior to this, she was the group executive HR at Nedbank and the General Manager for Human Resources at the South African Revenue Service (SARS). She is also an Extraordinary Professor at the University of Pretoria’s Department of Human Resource Management, and has recently been appointed as Adjunct Professor at the University of Cape Town. She is the Past President of the Institute for People Management in South Africa and is registered as Master HR Professional with the South Africa Board for People Practices. She hails from the Cape Flats in Cape Town, started her career as a secondary school teacher of English, then moved to the University of the Western Cape where she lectured in Teacher Education. After this, she served at Southern Life as training manager and then moved to the Department of Public Service and Administration’s South African Management Development Institute in Pretoria as director. Before her appointment at SARS, she filled the role of regional human resources director for Middle East and Africa for Reckitt Benckiser, a global company listed on the London Stock Exchange. She is the former chair of DHL: Global Forwarding SA, and currently a non-executive director on the Boards of JSE-listed AdvTech (lead independent and chair of Remco). She also serves as a director on the boards of Tuesday Consulting, Empowerment Capital, Knowledge Resources, Business Engage, Community Chest and the Boston Consulting Group SA. In addition, she is the HR Advisers to the board of Silvertree Internet Holdings.