Sanlam Ltd (JSE:SLM)
R 86.59 -0.39 (-0.45%) Market Cap: 178.43 Bil Enterprise Value: 165.71 Bil PE Ratio: 11.08 PB Ratio: 2.01 GF Score: 83/100

Sanlam Ltd Leadership Appointments Call Transcript

Mar 31, 2020 / 03:00PM GMT
Release Date Price: R51.09 (+4.65%)
Ian Maxwell Kirk
Sanlam Limited - Executive Officer

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The independent nonexec Chair with effect from 10 June, which is the AGM date, Paul Hanratty be appointed as group CEO 1 July 2020, and Ms. Abigail Mukhuba be appointed as group FD from the 1st of October 2020. Now each of these appointments were made following a rigorous and thorough board process. We had internal and external candidates for each of the 3 positions, and we required and received the requisite approval from the PA.

Vacancies in our most senior positions have created the opportunity to find the best available candidates as well as advancing the transformation agenda at the most senior level in the organization.

Let me just say a few words first on Elias as the new nonexec Chair, former CEO of the PIC, serves on a number of boards and co-manages the consultancy, which is focused on strategy, economics, business development as a leading commissioner at the NPC.

Now many of you may not know this, but Elias was at Sanlam. He was a senior executive, and he was head of the policy

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