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Discovery reshuffles board

Johannesburg - Health insurance group Discovery Holdings has announced some board changes.

The group said the changes enhance Discovery's governance structures, and will leverage the experience of key executives in order to bring additional rigour and debate to the decision-making process.

Vhonani Mufamadi has been appointed as a non-executive director to the boards of Discovery Holdings, Discovery Health, Discovery Life and Discovery Vitality. Mufamadi brings with him years of experience as an attorney and consultant, and strong business acumen as a founding member of investment company Muvoni Investment Holdings. Mufamadi's appointment as a director is effective from 3 June 2010.

With effect from 15 April 2010, Dr Jonathan Broomberg, Hylton Kallner, and Dr Penny Thlabi have been appointed to the board of Discovery Health, while Hylton Kallner and Kenny Rabson have been appointed to the board of Discovery Life.

In his role as Deputy CEO of Discovery Health, Dr Broomberg is integrally involved in establishing the overall strategic direction of the business, and based on his extensive experience in the public and private health sectors, has led our engagement efforts with Industry and the Department of Health to find solutions to sustainable healthcare funding and delivery.

Hylton Kallner currently serves as Chief Marketing Officer of Discovery Holdings, and is a member of the Discovery Holdings, Discovery Health, Discovery Life and Discovery Vitality Executive Committees. In addition, Kallner plays an important role in Discovery's Research and Development forums.

Dr Thlabi currently serves as Strategic Corporate and Public Affairs Executive at Discovery Holdings. The role includes responsibility for the overall Public Affairs strategy, as well as the Discovery Foundation, whose mandate is to improve public healthcare delivery through public: private partnerships and corporate social investment.

Rabson was one of the founding members of Discovery Life in 2000, and has played an important role in establishing the strategic direction of the business since launch. He is currently responsible for all actuarial functions within Discovery Life, and heads up Product Development for both Discovery Life and Discovery Invest.

- I-Net Bridge

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