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Jonathan Dixon to head insurance division at the FSB

20 March 2008 Michelle Schreuder

The Financial Services Board (FSB) wishes to announce that the Minister of Finance, Trevor Manuel, has approved the appointment of Jonathan Dixon (pictured right) as the new Deputy Executive Officer: Insurance, at the FSB.

Mr Dixon is currently chief director for financial sector policy at the National Treasury. He will assume duty on 1 April 2008. FSB Executive Officer, Rob Barrow, says the financial regulator welcomes Dixon. “We are confident that he will bring significant expertise to the FSB management team, in particular the insurance division.”

At the National Treasury, Dixon was responsible for policy co-ordination and regulatory oversight of the financial sector, including the banking, insurance, retirement fund and securities markets. He has over nine years of policy experience with National Treasury, working in various capacities including macroeconomic policy and international financial relations.

Dixon is a Chartered Financial Analyst (CFA). He holds a Master of Science (M.Sc) in Economics from the London School of Economics and a Bachelor of Science (B.Bus.Sci), Economics Honours, from the University of Cape Town.

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The asset management industry is seeing significant consolidation, with large players gaining more influence. What’s your view on the number of asset managers and DFMs trading in SA presently?

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More mergers could limit choice.
Too few, competition benefits clients.
Too many, hence the consolidation.
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