SNT - Santam Limited - Santam appoints new chairperson
SNT
SNT
SNT - Santam Limited - Santam appoints new chairperson
SANTAM LIMITED
(Incorporated in the Republic of South Africa)
(Reg. No 1918/001680/06)
(Share Code: SNT & ISIN: ZAE000093779)
("Santam" or "the company`)
SANTAM APPOINTS NEW CHAIRPERSON
South Africa`s leading short term insurer, Santam, is pleased to announce the
appointment of Mr Vusi Khanyile as its chairperson replacing Mr Desmond Smith.
Mr Khanyile joined the Santam board on 15 April 2010. Mr Khanyile a graduate of
the Birmingham University, started his career in the finance division of Anglo
American Corporation and ran his own finance company before taking up the role
of Special Assistant to the Vice Chancellor at the University of Cape Town,
where he later became the Deputy Registrar.
He also headed up the finance department of the African National Congress
between 1990 and 1992 and is the current Chairman and founding Chief Executive
Officer of Thebe Investment Corporation.
Mr Khanyile has an interest in community development programmes specifically in
the education and civic sectors. "I look forward to being involved with Santam,
a highly respected risk management partner in the commercial, corporate and
personal insurance market," says Mr Khanyile.
Mr Ian Kirk Chief Executive of Santam says he is pleased with the appointment of
Mr Khanyile. "I look forward to the contribution Vusi will make to the company
over the next few years. With his amount of experience and track record, he is
certainly a huge asset to the company."
Mr Smith, who leaves Santam to chair Sanlam`s board adds: "I have no doubt that
the groundwork of the past years will continue to bear fruit for many years to
come during Vusi`s tenure.
03 June 2010
Sponsor:
Investec Bank Limited
Date: 03/06/2010 13:53:01 Produced by the JSE SENS Department.
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