Santam"s CE to Sanlam
Santam Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1918/001680/06
(Share Code:SNT ISIN: ZAE000006854
("Santam")
Dr. Johan van Zyl, chief executive of Santam Limited, has been appointed as the
new chief executive officer of Sanlam from 31 March 2003.
Responding to his appointment, Dr. Van Zyl said that it was a privilege to be
appointed in such a key position in Sanlam.
According to Mr. Desmond Smith, chairman of the Santam board of directors, the
negotiations regarding this appointment occurred with the knowledge and approval
of the board. " Procedures are in place to commence immediately the process of
selecting a successor for Dr Van Zyl from both internal and external candidates.
"A comprehensive evaluation process will be implemented, after which the board
will appoint the most suitable candidate. In the interim, Mr Hannes Wilken, a
Santam executive director heading operations, will serve as acting chief
executive."
Dr. Van Zyl is positive about Santam"s performance in the transitional phase and
the year that lies ahead. "The dynamic executive management team will remain
unchanged. They are motivated to implement our plans and strategic projects for
the year. This will ensure continuity.
"With the announcement of our results for the 2002 financial year, Santam once
again showed that it"s geared for success. I trust that the team will continue
with the good work."
Ends.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
