Liberty continues its African growth path as Stanlib Ghana officially launches
23 October 2014
Liberty Holdings subsidiary, STANLIB Asset Management, has acquired 100% shareholding in Standard Bank Investment Management Services (SIMS) Ghana. The acquisition is in line with Liberty’s ambition to grow its investment and insurance business on the continent, with an initial focus on the high growth markets of sub-Saharan Africa. The group is now represented in 17 countries on the sub-continent, including South Africa, with operations covering insurance and asset management.