Tag: Ian Kirk
Sanlam announced major changes in its boardroom today. Current CEO Ian Kirk will be stepping down, making way for former CEO and Chair of Old Mutual South Africa to begin in July.
Motsepe family & associates join Rupert and Oppenheimer families in donating R1bn to deal with COVID-19 pandemic
On Monday South Africa's President, Cyril Ramaphosa revealed that South Africa's richest families the Rupert and Oppenheimer families had each contributed R1 billion to assist small businesses and their...
CNBC Africa spoke with Ian Kirk, CEO of Sanlam to discuss the companies reported annual earnings and the impact of COVID-19 on business.
South Africa’s largest insurer, Sanlam had a 32 per cent drop in half-year profits due to one-off costs. The company is expecting continued growth in emerging markets as its newly acquired Moroccan unit SAHAM finances contributed a 13 per cent increase in net result from financial services. Sanlam CEO, Ian Kirk joins CNBC Africa for more.
Sanlam intends to issue shares constituting in aggregate 5 per cent of the enlarged issued Sanlam ordinary shares (net of treasury shares) to a new broad-based group of empowerment shareholders and UB. The proposed transactions will increase economic inclusion as new broad-based beneficiary groups focused on black women and youth as well as Sanlam’s South African employees, will participate in 80 per cent of the new shares to be issued. UB will participate in the remaining 20 per cent. Ian Kirk, CEO, Sanlam and Joyce Simelani, Executive Director, Ubuntu-Botho spoke to CNBC Africa’s Chris Bishop for more.
Sanlam concluded its biggest acquisition to date spurring its major growth drive on the continent. Together with Santam it has acquired the remaining 53 per cent of Morocco-based SAHAM Finances, it did not already own. Joining CNBC Africa for more on the transaction is Sanlam’s CEO, Ian Kirk.