New CEO for Sanlam Investments
|Published
Sanlam's Bellville head office in the Western Cape. Picture: David Ritchie Sanlam's Bellville head office in the Western Cape. Picture: David Ritchie
Johannesburg - Sanlam has appointed a new head for its Investments unit, it said in a statement on Friday.
The JSE-listed insurance company says it has appointed Robert Roux, currently Sanlam Investments’ COO, to take over the role from November.
This, says Sanlam, comes as Johan van der Merwe steps down as CEO.
Van der Merwe, a CA (SA), has spent 14 years with Sanlam. The listed insurer did not say why he was stepping down, but noted he will remain as a non executive director.
“He will therefore remain closely associated with the Sanlam Group.”
His replacement is also a CA (SA) and was appointed as COO in 2005. Roux has worked alongside Van der Merwe on “key strategic matters,” says Sanlam.
He will form part of the Sanlam Group executive committee and will report to Sanlam CEO Ian Kirk.
Sanlam’s investment arm claims to be “one of South Africa’s largest investment management companies”.
Its local and international investment options include passively- and actively-managed unit trusts, hedge funds and segregated and pooled retirement funds.
“The board of directors of Sanlam wishes to thank Van der Merwe for his contribution since June 2002 and congratulates Roux on his new position and looks forward to his valuable contribution.”
IOL