BL Premium reports that Momentum Metropolitan Holdings has appointed Jeanette Marais as group CEO, making her SA’s first female leader of a large, listed life insurance and asset management group.
Marais will take over on 1 August from Hilgard Meyer, who will retire on 30 September after being in the role since February 2018. “After undergoing a rigorous, robust and thorough selection process, Jeanette emerged as the best candidate. I am pleased that this appointment represents a significant breakthrough in diversity, and I am proud that we found the best person for the job inside our company. This ensures leadership continuity and a continued focus on strategy execution,” said Paul Baloyi, Momentum Metropolitan chair. Marais first joined the group in 1990 before leaving for PSG in 1999. She worked at 20Twenty Financial Services, Stanlib, Old Mutual and Allan Gray before rejoining Momentum Metropolitan in 2018 as deputy CEO. She holds a BSc in mathematics and mathematical statistics from the University of the Free State as well as an MBA (cum laude) from the International Institute for Management Development in Lausanne, Switzerland. Marais said in an interview that her appointment was “an incredible opportunity to be a trailblazer for women because there are not that many of us around in the industry.”
- Read the full original of the report in the above regard by Garth Theunissen & Nico Gous at BusinessLive (subscriber access only)
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