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3 April 2017
Mr Paul Hanratty has been appointed as an independent non-executive director to the Board of Directors of Sanlam Limited and Sanlam Life Insurance Limited as well as to the Audit and Risk Committee. Mr Hanratty’s appointment is effective from 03 April 2017.
Mr Hanratty is an experienced executive director of a FTSE 100 financial services group with interests in insurance, asset management and banking in the UK, US, Africa, Asia and Latin America. He has extensive mergers and acquisitions experience in multiple countries e.g. US life disposal, European life disposals, Scandinavian life and bank disposal, acquisition of wealth manager UK and four insurance acquisitions in Africa. He has listed and unlisted board experience including chairing boards in South Africa, Sweden and the UK. He has devised and implemented growth strategies for businesses in the UK, South Africa and Africa as well as excellent financial and risk management skills in life, asset management, wealth management and banking.
Commenting on Mr Hanratty’s appointment, the Chairman of the Board of Directors of Sanlam Limited and Sanlam Life Insurance Limited, Mr Desmond Smith said: “Paul comes with the requisite experience and impeccable credentials that we believe will add value to Sanlam and support the Group’s growth ambitions. We welcome him and look forward to his contribution.”