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New Chief Executive For Sanlam Investment Management

Release Date: 06/05/2002 16:48
Code(s): SLM
Wrap Text
Sanlam  Limited
Sanlamhof, 6 May 2001

NEW CHIEF EXECUTIVE FOR SANLAM INVESTMENT MANAGEMENT
Sanlam today announced the appointment of Mr Johan van der Merwe (37) as Chief Executive of Sanlam Investment Management in the place of Mr Angus Samuels who was recently appointed Chief Executive of Sanlam International. Mr van der Merwe also becomes a member of Sanlam's Executive Committee. Mr van der Merwe joins the Group with extensive experience in the fields of investment management, corporate finance and tax during his employment at asset management and mining companies locally and abroad. He will assume duties on 1 July this year and until then Mr Samuels, in addition to his new position, will remain in his position at Sanlam Investment Management. In welcoming Mr van der Merwe to the Group, Sanlam's Chief Executive Dr Leon Vermaak said that he joins Sanlam Investment Management at a time when the business is picking up after its spell of difficulties. He credited Mr Samuels for this turn-about.
"I thank Angus for his role in building confidence in Sanlam Investment Management in difficult times. He enhanced the investment process and performance, maintained existing business and built up private client business as well as our international business. We are indebted to his sterling work and wish him all the best with his new challenge as chief executive of Sanlam International," Dr Vermaak said. Ends
Issued by Frans van Rensburg, Sanlam Media Relations (021) 947-4893

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