Mutual & Federal congratulates Caroline da Silva for her Financial Services Board appointment

Mutual & Federal congratulates Caroline da Silva, previously Executive for Market Development for the short-term insurer, on her appointment as the new Deputy Chief Executive Officer for the Financial Services Board (FSB). The appointment - announced by N

Raimund Snyders, Mutual & Federal Chief Executive Officer, commented on the appointment: “At Mutual & Federal, we view Caroline’s role at the FSB in a particularly positive light. The regulatory framework which governs our industry presents an opportunity to improve customer service, prudent risk management and to increase our professionalism. With her knowledge of Mutual & Federal, Caroline will be valuable for our business in this regard.”

“More importantly, the broader industry stands to benefit from Caroline’s experience, knowledge and strong networks. The regulatory industry is not new territory for Caroline - she has worked with the FSB on several projects, including being a member of the Advisory Committees for Financial Advisory and Intermediary Services, and Short-Term Insurance. She also served on the FSB Working Group on Binder Regulations,” Snyders concluded.

Snyders also noted that to honour confidentiality protocol requirements from National Treasury, Mutual & Federal was unable to make any earlier pronouncements on da Silva’s appointment.