Cape Town - The Board of the Association for Savings and Investment South Africa (Asisa) has appointed Ian Kirk, group CEO of Sanlam, as its new chair.
Thabo Khojane, managing director of Investec Asset Management, was appointed as the new deputy chair.
The position of chair was left vacant at the end of May this year following the resignation of Thabo Dloti as a result of his departure from Liberty.
New directors
The Asisa Board also welcomed two new board members representing black-owned asset managers that became full members of Asisa. Fatima Vawda is the managing director of 27four Investment Managers and Malungelo Zilimbola is chief investment officer of Mazi Capital.
The board also appointed three new directors due to leadership changes within member companies represented on the board.
David Munro, the new CEO of Liberty Holdings, is replacing Thabo Dloti as a director.
Peter Moyo has replaced Ralph Mupita as CEO at Old Mutual Emerging Markets, and, therefore, joins the Asisa board as a director.
Saks Ntombela, the new CEO of the Hollard Insurance Group, replaced Nic Kohler.
A member company can only be represented on the Asisa board by the company’s most senior representative. The aim is to ensure that high level strategic thinking shapes the future of the savings and investment industry.
SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.
Read Fin24's top stories trending on Twitter: Fin24’s top stories