Angela Mhlanga and Heidi Diaz and have been appointed as directors to the Board of The Insurance Institute of South Africa with effect from 29 September 2016. We are proud to have them represented on our Board and look forward to working with them. We welcome their expertise to help promote the advancement of knowledge and skills of the IISA members and of persons in the insurance industry.
Angela Mhlanga is a qualified Chartered Accountant CA(SA) and served her articles at KPMG. In her formative years, she worked in treasury and investments, private equity and development funding.
She co-founded a private equity business, Mahogany Capital, with a private partner and Nedbank and worked there from 2005. While at Mahogany Capital she was headhunted to run Compass Insurance. She was instrumental in the growth of revenue from R500m to over R1bn within five years. The company was re-rated by Global Credit Ratings from an A rating to an A+. She also rebranded the company to achieve a better profile in the market.
Heidi Diaz has recently joined the board of the IISA. Her passion and interest in education and developing people and their knowledge of the insurance industry will be most appreciated at the IISA. Her other involvements include short term insurance industry boards such as SAICB Board Member, SAIA Motor Committee Chairperson, SAIA Board Committee Insurance Risks. Previously Heidi was appointed as the Head of Claims for M&F. In this role, she led the Claims division which included Operations, Claims Personal Lines, Claims Commercial Lines, Claims Corporate, Recoveries, Liabilities, Salvage, Special Investigating Unit and Claims Optimisation.