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February 12, 2016 9:56 AM ET


Company Overview of Sanlam Life Insurance Limited

Company Overview

Sanlam Life Insurance Limited provides long-term insurance, investment management, and other related financial services to personal, business, and institutional customers in South Africa and internationally. The company offers life, funeral cover, disability cover, income protection, and critical illness insurance products; medical aid and gap cover insurance products; and vehicle, house content, building, and all risk insurance products. It also provides professional advisory services for financial planning; various retirement and investment solutions; wealth management, portfolio management, stock broking, and fiduciary and tax services; insurance and retirement solutions for graduates and...

2 Strand Road

Bellville,  7530

South Africa

Founded in 1918

12,781 Employees


27 21 947 9111

Key Executives for Sanlam Life Insurance Limited

Group Chief Executive Officer, Executive Director and Chief Executive of Santam Ltd
Age: 57
Financial Director and Executive Director
Age: 55
Chief Executive Officer of Group Market Development, Executive Head of Market Development - Santam and Executive Director
Age: 58
Chief Executive of Sanlam Personal Finance
Age: 51
Chief Executive of SIM (Pty) Ltd
Age: 51
Compensation as of Fiscal Year 2015.

Sanlam Life Insurance Limited Key Developments

Sanlam Life Insurance Limited Announces Board Changes

Ms. Karabo Tshailane Nondumo has been appointed as an independent non-executive director to the Boards of Directors of Sanlam Life Insurance Limited. Ms. Nondumo’s appointment is effective from 3 December 2015. A Chartered Accountant, Ms Nondumo is the co-founder, shareholder and executive director of KM Tech. She has previously held senior executive positions in telecommunications and investments sectors and is a board member of JSE-listed companies including, among others, Harmony Gold Company Limited (Harmony) and Merafe Resources Limited (Merafe Resources). She chairs the audit committee of Merafe Resources and is a member of audit committee of Harmony. Mr. Bernard Swanepoel has resigned from the Sanlam Life Insurance Limited Boards with effect from 04 December 2015. He was appointed to the Sanlam Life Insurance Limited Boards on 01 April 2004 and 29 June 2006 respectively. Mr. Swanepoel served on Sanlam Limited’s Safety, Health & Environmental (SHE) Committee from 02 September 2004 and became a member of the Social, Ethics and Sustainability Committee, the merged SHE and the Transformation Committees, when it was formed on 06 September 2006.

Sanlam Life Insurance Limited Announces Executive Changes

Sanlam Life Insurance Limited announced executive changes. Mr. Arun Duggal has retired from the Boards of Directors of Sanlam and Sanlam Life Insurance Limited with effect from 03 June 2015. Dr. Van Zyl would step down as Group Chief Executive and also retire from the boards of Sanlam and Sanlam Life Insurance Limited with effect from 30 June 2015. Dr. van Zyl will remain employed by Sanlam until 31 December 2015, focusing on specific projects. As a result, the Board agreed to bring forward the final measurement of his remuneration arrangements to coincide with the end of his tenure as Group Chief Executive Officer. Mr. Ian Kirk, the current Deputy Group Chief Executive, has been appointed as Group Chief Executive and Executive Director of Sanlam and Sanlam Life Insurance Limited with effect from July 1, 2015.

Sanlam Limited & Sanlam Life Insurance Limited Announce Resignation of Philisiwe Mthethwa as an Independent Non-Executive Director from

Sanlam Limited announced that Ms Philisiwe Mthethwa has resigned as an independent non-executive director from the boards of the company & Sanlam Life Insurance Limited with effect from February 13, 2015.

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