Sanlam announces that the Sanlam Board has approved new appointments in three of its most senior positions in the diversified financial services group.
The Sanlam Board has approved that:
- Mr Elias Masilela be appointed as independent non-executive Chair of the Sanlam Board with effect from 10 June 2020;
- Mr Paul Hanratty be appointed as Group CEO from 01 July 2020; and
- Ms Abigail Mukhuba be appointed as Group Financial Director from 01 October 2020.
Each of the appointments was made following rigorous and thorough Board processes with internal and external candidates for each of the three key positions as well as the requisite approvals from the Prudential Authority.
Sanlam views leadership succession as important and takes a proactive stance when it comes to leadership transition. Vacancies in the most senior positions have created the opportunity to find the best available candidates as well as advancing the Group’s transformation agenda at the most senior levels in the organisation.