Edition:
United Kingdom

Sanlam Ltd (SLMJ.J)

SLMJ.J on Johannesburg Stock Exchange

7,564.81ZAc
21 Nov 2018
Change (% chg)

-106.19 (-1.38%)
Prev Close
7,671.00
Open
7,700.00
Day's High
7,763.00
Day's Low
7,530.00
Volume
3,743,868
Avg. Vol
5,168,346
52-wk High
9,849.00
52-wk Low
6,540.00

Summary

Name Age Since Current Position

Johan van Zyl

62 2017 Non-Executive Chairman of the Board

Ian Kirk

60 2015 Group Chief Executive Officer, Executive Director

Patrice Motsepe

56 2004 Non-Executive Deputy Chairman of the Board

Heinie Werth

55 2016 Finance Director, Executive Director

Lize Lambrechts

54 2015 Chief Executive of Santam

Junior Ngulube

58 2016 Chief Executive Officer of Sanlam Emerging Markets

Robert Roux

51 2015 Chief Executive Officer of Sanlam Investments

Jurie Strydom

41 2017 Chief Executive Officer of Sanlam Personal Finance

Temba Mvusi

63 2017 Acting Chief Executive Officer of Sanlam Corporate Cluster, Chief Executive - Group Market Development, Executive Director

Anton Gildenhuys

42 2015 Chief Actuary, Group Risk Officer

Sana-Ullah Bray

2011 Group Company Secretary

Sipho Nkosi

64 2016 Lead Independent Non-Executive Director

Rejoice Simelane

66 2004 Non-Executive Director

Mmapusetso Bakane-Tuoane

70 2004 Independent Non-Executive Director

Anton Botha

65 2006 Independent Non-Executive Director

Paul Hanratty

57 2017 Independent Non-Executive Director

Mathukana Mokoka

2018 Independent Non-Executive Director

Karabo Nondumo

40 2015 Independent Non-Executive Director

Christiaan Swanepoel

68 2011 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 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 is Group Chief Executive Officer, Executive Director of the Company. Mr Ian Kirk was appointed Deputy Chief Executive of Sanlam in 2015 and Group Chief Executive on 1 July 2015. 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

Mr. Patrice T. Motsepe is Non-Executive Deputy Chairman of the Board of the Company. Dr Motsepe has been a member of the Board of directors since 2004. He is a non-executive director and is 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 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. Dr Motsepe 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, 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. 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).

Heinie Werth

Mr. Heinie Carl V. Werth is Finance Director, Executive Director of Sanlam Limited., since October 1, 2016. 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 nonexecutive 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).

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. He is currently the joint Deputy Chief Executive Officer of Sanlam Personal Finance. Mr. Strydom obtained his Master of Business Administration (MBA) degree from the Massachusetts Institute of Technology (MIT) and is a qualified actuary. A Sanlam bursary holder, he started his career at Sanlam as an actuarial student. Prior to re-joining Sanlam in January 2016, Mr. Strydom was CEO of Regent Insurance and an Executive Director of Imperial Holdings. More recently, he was responsible for Distribution, Glacier and Sanlam Sky within the SPF cluster.

Temba Mvusi

Mr. Temba I. Mvusi is Acting Chief Executive Officer of Sanlam Corporate Cluster, Chief Executive - Group Market Development, Executive Director of Sanlam Limited., April 1, 2017. Mr Mvusi has been a member of the Board of directors since 2004. 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.

Anton Gildenhuys

Mr. Anton Gildenhuys serves as 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.

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 since December 15, 2016. Mr Nkosi has been a member of the Board of directors since 2006. Mr Nkosi was the CEO of Exxaro Resources Limited. Prior to this, Mr Nkosi was one of the founders and CEO of Eyesizwe Coal. Before Eyesizwe Coal, Mr Nkosi was Country Manager of ABB Alstom Power (SA) after previously working 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 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, 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 in recognition of his business leadership.

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. 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.

Mmapusetso Bakane-Tuoane

Dr. Mmapusetso Manana Bakane-Tuoane is an Independent Non-Executive Director of Sanlam Limited since 2004. Dr Bakane holds a BA (Economics and Statistics), an MA (Econ) as well as a PhD in Economics from the University of Saskatchewan, Canada, which she was awarded in 1989. Dr Bakane served as ARM Gold’s lead independent non-executive director from 2009 to 2015. Dr Bakane has extensive experience in the economics field. Her 20-year career in the academic field included lecturing at various institutions such as the University of Botswana, Lesotho and Swaziland (UBLS), National University of Lesotho (NUL), University of Saskatchewan (Sectional Lecturer), and the University of Fort Hare as Head of Department and Associate Professor. During this part of her career, she was seconded to work in the public service, where she has held various senior management positions since 1995. Concurrent with the above, Dr Bakane has been a member and office bearer of several international organisations including Winrock International and the African Economic Research Consortium (AERC). Dr Bakane was the Special Advisor to the Minister of Social Development, Minister of Water and Environmental Affairs as well as Minister of Environmental Affairs from 2009 until 31 January 2015. Dr Bakane is the Chairperson of the ARM Gold Remuneration committee and a member of the Audit and Risk committee, the Nominations committee, the Non-executive Directors’ committee and the Social and Ethics committee.

Anton Botha

Mr. Anton Dirk Botha is Independent Non-Executive Director of Sanlam Limited since March 8, 2006. 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 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 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 recognised as one of South Africa’s 40 largest listed companies.

Paul Hanratty

Mr. Paul B. Hanratty is an Independent Non-Executive Director of Sanlam Limited since April 3, 2017. 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). Mr Hanratty 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. Mr Hanratty 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. Mr Hanratty 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.

Mathukana Mokoka

Ms. Mathukana Mokoka is Independent Non-Executive Director of the Company. She has sound public and private sector experience on boards of directors, currently serving as a member of the board of the Public Investment Corporation, Palabora Mining (Pty) Ltd (where she is also the Audit & Risk Chair), as well as Rolfes Holdings (where she is also the Audit & Risk Chair) amongst others.

Karabo Nondumo

Ms. Karabo Tshailane Nondumo is an Independent Non-Executive Director of Sanlam Limited. 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.

Christiaan Swanepoel

Mr. Christiaan Gerhardus Swanepoel is an Independent Non-Executive Director of the Company. He was the Chief Actuary of Sanlam from 1 January 1990 up until his retirement on 31 August 2005. He qualifies as an independent nonexecutive 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.

Basic Compensation

Name Fiscal Year Total

Johan van Zyl

2,113,000

Ian Kirk

22,697,000

Patrice Motsepe

970,000

Heinie Werth

20,576,000

Lize Lambrechts

32,931,000

Junior Ngulube

12,368,000

Robert Roux

15,715,000

Jurie Strydom

13,310,000

Temba Mvusi

10,481,000

Anton Gildenhuys

17,460,000

Sana-Ullah Bray

--

Sipho Nkosi

639,000

Rejoice Simelane

670,000

Mmapusetso Bakane-Tuoane

907,000

Anton Botha

1,663,000

Paul Hanratty

1,229,000

Mathukana Mokoka

--

Karabo Nondumo

1,204,000

Christiaan Swanepoel

3,222,000
As Of  31 Dec 2017