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Liberty appoints another independent trustee to Unclaimed Benefit Funds

18 November 2019 Liberty

Liberty Corporate is pleased to announce the appointment of Eva Kekana as an independent trustee to the Liberty Unclaimed Benefit Funds (the Funds). Eva brings a wealth of relevant industry experience, which will bolster the governance and oversight of these Funds.

Eva has held various positions in the public sector and has served on numerous boards including the Mineworkers Provident Fund and Sentinel Pension Fund. Until recently, she was the Services Pillar Head at the National Union of Mineworks and is currently the Project and Operations Manager at the ASISA Foundation.

Commenting on the appointment, Chief Executive of Liberty Corporate Tiaan Kotzé said: "Eva’s appointment as an independent trustee of the Unclaimed Benefit Funds is a further step to enhance the governance and oversight of the Liberty Sponsored Funds. It’s an honour that Eva has taken on this important role.”

Regarding the industry-wide issue of Unclaimed Benefits Kotzé added “Unclaimed benefits is a significant industry issue, which Liberty takes very seriously. During 2018 and 2019 we traced and paid benefits to more than 45 000 members amounting to more than R 270 million. We continue to work hard to reduce the occurrence of unclaimed benefits through improved member and employer education and investment in our tracing and payment processes.”

Liberty supports ongoing industry and stakeholder collaboration to address this important issue.

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