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SANLAM LIFE INSURANCE LIMITED - Appointment of Independent Non-Executive Director - SLI

Release Date: 22/06/2021 17:00
Code(s): SLI4     PDF:  
Wrap Text
Appointment of Independent Non-Executive Director - SLI

SANLAM LIFE INSURANCE LIMITED
(the “Company or Sanlam”)

Bond Code: SLI4
ISIN:      ZAG000138629

Sanlam Limited and Sanlam Life Insurance Limited – Appointment of Non-
Executive Director – Ebenezer (Ebby) Essoka

In terms of paragraph 6.39(a) of the Debt Listings Requirements of the JSE
Limited, noteholders are herewith advised of the following change to the boards of
directors (“the Boards”) of Sanlam Limited and Sanlam Life Insurance Limited.

Mr Ebenezer (Ebby) Essoka has been appointed as an Independent Non-
Executive director to the Boards of Sanlam Limited and Sanlam Life Insurance
Limited, effective 18 June 2021. His appointment has been approved by the
Prudential Authority in terms of the Insurance Act No 18 of 2017.
Ebby is the Executive Chairman of IBURU, an advisory firm focused on Economic
Development across Sub-Saharan Africa. He currently serves as Chair and or
Non-Executive Director on several boards, namely United Bank for Africa -
Cameroon, Mobile Money Corporation - Cameroon and as Senior Advisor - Africa
Investment Forum since 2018. He retired from Standard Chartered Bank, as Vice
Chairman for Africa in 2015 after 30+ years in senior leadership.

Commenting on this appointment, the Chair of the boards of directors of Sanlam
and Sanlam Life Insurance Limited, Mr Elias Masilela said: “The Boards are
pleased with the appointment of Ebby and we look forward to his contribution in
strengthening the boards. He has the requisite skills, experience and impeccable
credentials that we believe will complement and add value to Sanlam and
support the Group’s growth ambitions.”

22 June 2021

Debt sponsor
Absa Bank Limited, acting through its Corporate and Investment Banking division

Date: 22-06-2021 05:00:00
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