Sanlam has announced that Mr Dawie de Villiers, the chief executive officer of Sanlam Employee Benefits (SEB), has resigned and will leave Sanlam on 31 October 2018 to pursue another growth opportunity in the industry.
Mr De Villiers joined Sanlam in 1993 and rose through the ranks, becoming the CEO of SEB in 2013. Mr De Villiers will also step down as chairman of Simeka, an independent consulting business operating in the employee benefits industry.
Ms Jocelyn Hathaway has been appointed to act in the position of CEO until a permanent appointment is made. Ms Hathaway has been with Sanlam since 2011 and currently holds the position of head of finance and operations at Sanlam Corporate. She holds a B.Com degree as well as an MBA from the University of Cape Town and has 25 years of experience in the financial services industry. Over the years, Ms Hathaway has gained extensive exposure in asset management, life insurance, broker services, employee benefits and finance.
Says Mr Temba Mvusi, acting CEO of Sanlam Corporate: “Dawie has added significant value to Sanlam during his tenure over the past 25 years. SEB, which is part of Sanlam Corporate, is a resilient business with a strong leadership team and highly capable staff. I am confident that we have a team with the requisite capacity and commitment to sustain the performance of the business until we can appoint a new chief executive for the business. We respect and appreciate Dawie’s decision to further advance his career and wish him well for the future.”
ABOUT THE SANLAM GROUP
Sanlam is a pan-African financial services group listed on the Johannesburg, Namibian and A2X stock exchanges. Established as a life insurance company, the South Africa-based Sanlam Group has transformed into a diversified financial services business. This year the Group celebrates its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia.
Through its five business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investment Group, Santam and Sanlam Corporate - the Group provides comprehensive and tailored financial solutions to individual and institutional clients across all market segments. Sanlam’s areas of expertise include insurance (life and general), financial planning, retirement, investments and wealth.
The Group has a direct stake in operations based in South Africa, Namibia, Botswana, Swaziland, Zimbabwe, Mozambique, Mauritius, Malawi, Zambia, Tanzania, Rwanda, Uganda, Kenya, Nigeria, India, Malaysia and the United Kingdom and has business interests in the USA, Australia, Burundi, Lesotho and the Philippines. Through a strategic stake in the SAHAM Finances Group, it has exposure to insurance operations in Morocco, Angola, Algeria, Tunisia, Ghana, Niger, Mali, Senegal, Guinea, Burkina Faso, Cote D’Ivoire, Togo, Benin, Cameroon, Gabon, Republic of the Congo, Madagascar, Lebanon and Saudi Arabia.
For further information, visit www.sanlam.com or follow us @sanlam.