RISKSA Magazine - - News -

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.

Al­lan Gray

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.

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