Sanlam Ltd Creation of a Pan-African Joint Venture Between Sanlam and Allianz SE and Withdrawal of Cautionary Call Transcript
Good day, ladies and gentlemen, and welcome to the Sanlam Limited conference call. (Operator Instructions) Please note that this event is being recorded.
I'd now like to hand the conference over to Mr. Paul Hanratty. Please go ahead, sir.
Thank you very much. Good afternoon, ladies and gentlemen, and thank you very much for joining this afternoon's call. I'm joined on this call by Sanlam's Chief Financial Officer; Abigail Mukhuba; and the CEO of Sanlam Emerging Markets, Heinie Werth; as well as the Head of Investor Relations, Grant Davids.
This morning, we were pleased to announce the creation of a long-term strategic Pan-African joint venture between Sanlam and Allianz regarding our respective African operations outside of the borders of South Africa. In line with Sanlam's stated strategy to become a leading Pan-African financial services group, the proposed joint venture will enable us to enhance our capabilities by leveraging the long-term structural growth in our
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