Trad­ing Places

Sunday Times - - Careers -

Garth Napier has been ap­pointed MD of short-term in­surer Old Mu­tual In­sure.

He joins Old Mu­tual In­sure from Pep Africa, where he was MD and re­spon­si­ble for more than 330 stores across seven coun­tries. Be­fore this, he was MD for the Ed­con spe­cial­ity divi­sion, com­pris­ing five chains with more than 700 stores in to­tal.

Napier has a BCom (Hons) from the Univer­sity of KwaZulu-Natal and an MBA from Har­vard Univer­sity. Absa Group has ap­pointed Charles Rus­son CEO of cor­po­rate and in­vest­ment bank­ing and Paul O’Fla­herty leaves the board and joins the group ex­ec­u­tive com­mit­tee as CEO for en­gi­neer­ing ser­vices.

Rus­son is cur­rently the CEO for en­gi­neer­ing ser­vices, a po­si­tion he has held since April 2018. He has been a mem­ber of the Absa Group ex­ec­u­tive com­mit­tee since Jan­uary 2014. He was the COO of the Bar­clays Africa Group. He started his Absa ca­reer in Septem­ber 2006 as CFO for Absa Cap­i­tal.

He has a BCom de­gree from Rhodes Univer­sity and is qual­i­fied as a char­tered ac­coun­tant.

O’Fla­herty is cur­rently an in­de­pen­dent nonex­ec­u­tive di­rec­tor of Absa. His pre­vi­ous roles in­clude group CEO at Al Na­boodah in Dubai, UAE; CEO of ArcelorMit­tal SA and fi­nance di­rec­tor and group cap­i­tal ex­ec­u­tive at Eskom Hold­ings.

O’Fla­herty has a BCom and a bach­e­lor of ac­count­ing de­gree from Wits Univer­sity and is a qual­i­fied char­tered ac­coun­tant. Iain Ban­ner has been ap­pointed to the board of the Cape Wine Auc­tion Trust.

Ban­ner is the co-founder of a num­ber of com­pa­nies, events and char­i­ties, in­clud­ing Sports In­ter­na­tional, the Gary Player De­sign Com­pany, the Lau­reus World Sport Awards, the Lau­reus Sport for Good Foun­da­tion and the Al­fred Dun­hill Links Cham­pi­onship.

He said: “I am hon­oured and ex­cited to be join­ing this group of hard-work­ing peo­ple who have pas­sion and en­ergy and think cre­atively and in­no­va­tively to ef­fect real change in the lives of those who live and work in the winelands.”

Charles Rus­son

Paul O’ Fla­herty

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