Santam Ltd. announced that Mr. Makhenkodwa Mlondolozi Mahlangeni has been appointed as a non-executive director of the Company with effect from 12 December 2022 to enhance the overall skill set of the board. Mr. Mahlangeni will be appointed to the Risk Committee with effect from 01 January 2023. Mr. Mahlangeni is a qualified Actuary with extensive experience across various sectors in the financial services industry including insurance, reinsurance and banking and has held several senior leadership roles.

He is currently the Group Chief Risk Officer and Chief Actuary of Sanlam Limited and previously served as the Bank Treasurer at FirstRand Bank Limited. He holds a Bachelor of Business Science (Honors) in Actuarial Science from the University of Cape Town. He is furthermore a Fellow of the Actuarial Society of South Africa and a Certified GARP FRM.