Following 20 years of service to the insurance market as CEO of the South African Insurance Association (SAIA), Barry Scott has joined the Fulcrum Group as of December 2014. Scott will work closely with Fulcrum CEO Vaughan Jones as head of projects and integration. Says Jones: “Our business has gone through a period of sustained and exciting growth. With the many opportunities facing us, coupled with our belief that Fulcrum is best placed to assist intermediaries with all their financial needs during a time of considerable change in the insurance landscape, adding a team member like Barry – with his experience and desire to make a difference – is a real win for us.”
Thabo Moodie joined Centriq’s Alternative Risk Finance division in the position of account executive recently. Moodie is currently busy completing his MBA at the University of the Free State – the same institution where he obtained his B.Com Hons in Accounting in 2008. He completed his TOPP Articles with ABSA where he held various top positions before he subsequently joined the IQ Business Group as Principal Consultant, Finance and Risk. Moodie was with Barclays Africa CIB before he decided to join leading company, Centriq.
Sanlam has announced the appointment of Clement Burns Booth as independent nonexecutive director to the Sanlam board of directors with effect from 1 January 2015. Booth, who is based in London, has vast executive and board experience in the financial services industry locally and abroad. He currently serves as a member of the Board of Management of Allianz SE, responsible for global insurance lines (corporate and specialty insurance), reinsurance and Anglo markets (UK, Ireland and Australia) and will take up the Sanlam position upon his retirement from this position at year- end. “I am honoured to take up membership of the board of directors of Sanlam and I hope my knowledge and experience will contribute to guiding the company’s continued growth and stature as a diversified multinational financial services company,” Booth said.
The Sanlam Group
The Sanlam Group has announced the appointment of Hubert Brody, as its new chief executive of group strategy and projects, with effect from January 2015. Brody is the former chief executive officer of Imperial Holdings. “Brody, a chartered accountant, is credited with taking over Imperial during one of its most challenging periods and directing the group’s expansion in Europe and into the rest of Africa. During his tenure as CEO from 2007 to 2014, he presided over a significant increase in the Imperial Holdings share price and built a solid reputation for implementation and delivery,” Sanlam said in a statement.
The Sanlam group announced that Sanlam Personal Finance chief executive, Lizé Lambrechts, will take over as Santam chief executive from current CEO Ian Kirk,