Afrimat Limited announce the appointment of Mr. Nicolaas Kruger as a non-executive board member with effect from 1 February 2023. Nicolaas holds a BCom (Mathematics, cum laude), is a Fellow of the Faculty of Actuaries (FFA) and a Fellow of the Actuarial Society of South Africa (FASSA). He completed an Advanced Management Programme at Oxford and is a qualified Chartered Director (CD(SA)). Nicolaas is an accomplished business executive with more than 30 years' experience. He has strong financial, risk management and actuarial skills, combined with strategic business acumen. Nicolaas has extensive experience playing an active role on boards and governance forums. He currently serves as a non-executive director of Sanlam Group, General
Reinsurance Africa (Gen Re), Granor Passi, Griekwaland Wes Korporatief (GWK) (chairman), Brenn-O-Kem (chairman) and various private companies. Nicolaas served as CEO of Momentum Metropolitan Holdings for several years (up to the beginning of 2018).