The IISA has welcomed Daryl De Vos, managing director of Africa Re SA Limited (ARCSA) as a member of the board of the IISA. De Vos, who has established himself as a key player in the South African insurance industry, spent two decades in various insurance and reinsurance roles before being head-hunted in 2003 to join the pioneer management team that transformed the representative office of the Corporation into a wholly owned subsidiary licensed to underwrite reinsurance business in South Africa. De Vos has progressed within the Corporations from general manager of underwriting and marketing, to deputy managing director in 2007, and then managing director at ARCSA in 2011. He is a committed industry professional who has and continues to serve on a number of industry associations including SAIA, the Insurance Institute of the Cape of Good Hope, and as an executive member of the IISA. De Vos continues to support the growth of the Corporation’s business in Southern Africa. “There is no doubt his industry knowledge and experience will add value to the deliberations of the board in the future,” said David Harpur, CEO of IISA.
Aon South Africa
Aon South Africa announced the appointment of Terence Williams as CEO, replacing former CEO Anton Roux, with immediate effect on 8 May 2015. Williams joined Aon in June 2001 as a broking director in the UK, and in August 2011 he was appointed head of casualty Aon Global before coming to South Africa in March 2013 where he held the position of chief broking officer. The company’s commitment to unmatched talent and developing outstanding leaders from within its ranks was reaffirmed with Williams’ appointment as CEO. “Among a host of great candidates, Terence stood out in terms of strong leadership, directly applicable experience, and a strong track record of delivery within the business. He has a deep technical understanding of the broking market and proven insights into the business dynamics,” said Robert Brown, CEO of Aon EMEA, who also expressed confidence in and support for Williams’ ability to lead the organisation in the dynamic South African business environment. Roux was at the helm of Aon South Africa for 10 years and will remain with the company as chairman of Aon Sub-Sahara Africa.
With the unfortunate and untimely passing of Simon Marais, Allan Gray has appointed Ian Liddle as his replacement as chairman of the board. This new appointment has also promulgated the appointment of Andrew Lapping, former fund manager, to deputy chief investment officer. “Simon left an indelible mark on our company as both an executive and latterly as chairman. We are intensely focused on living up to his high standards, and helping our clients to achieve good investment returns over the long term,” said Liddle. Liddle joined Allan Gray in 2001 as an equity analyst after several years as a management consultant and has held the role of chief investment officer (CIO) since early 2008. Rob Dower, chief operating officer of Allan Gray, has expressed his full confidence in both Liddle and Lapping’s future in their new roles. Lapping is expected to succeed Liddle as CIO in March 2016. He is currently a fund manager of the Allan Gray Equity, Balanced, Bond and Money Market Funds and oversees the African equity portfolios. “For me personally it is a great opportunity to build and develop the strong team Ian has put together over the past eight years and to continue to serve Allan Gray’s clients in a new role,” said Lapping.