Iemas appointed new Chief Executive Officer

16 March 2010 Iemas (Co-operative) Limited
Johan Nel

Johan Nel

Iemas (Co-operative) Limited has appointed a new Chief Executive Officer as Dries van Rooyen, after 17 years with the Co-operative, will be leaving Iemas at the end of March 2010 due to his retirement.

After conducting a thorough recruitment process, Iemas’s Board of Directors believes it has chosen an excellent leader who will ensure that the reputation and success that Iemas has established in the marketplace will be enhanced. Johan Nel will assume the role of Chief Executive Officer of Iemas effective from 1 April 2010.

Johan holds a CA (SA) and with more than 33 years of experience he brings a wealth of business knowledge and expertise to Iemas. For the past eight years, Johan held the position of Executive Director at the University of Pretoria where he was part of the executive management team that is responsible for the strategic and operational management of the University. His specific areas of responsibility were finance, investment management and the commercial activities of the University. He was instrumental in establishing private companies through which the University conducts its non subsidised business activities like continuing education, commercial contract research and consulting as well as the commercialising of the intellectual property. Previously he was with PriceWaterhouseCoopers for 21 years where he served as a partner for more than 12 years.

Johan places a high value on principles such as transparency, ethical behaviour and efficiency as well as good management practices including effective strategy and execution, talent retention, innovation and most of all leadership.

Iemas has been a friend in financing and insurance to members since 1937 and has grown into a reputable financial services business. Johan is ready to face the challenges that exist in the financial services industry and is very excited to exploit the opportunities offered by the Co-operative as a business form. He is of the opinion that this type of business form is currently very relevant to the South African environment and believes that there are major opportunities to grow the business of Iemas.

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