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New appointments made to the Financial Planning Institute (FPI) of Southern Africa’s Board of Directors

01 September 2011 Financial Planning Institute of Southern Africa (FPI)

FPI, the premier professional body in the financial services industry in South Africa, is pleased to announce the appointment of Ben Raseroka and Bongani Sithole and the re-appointment of Prem Govender, CFP® to the Board of Directors of the institute for a two-year term.

“We are very confident that the knowledge, expertise and industry experience of these distinguished individuals, coupled with their strong sense of urgency in fully professionalising the financial services sector and also of making quality financial planning accessible to all South Africans, will prove to be invaluable in helping the institute fulfil its mandate”, said Gerhardt Meyer, CFP, FPI Board Chairperson.

New and re-appointed members are:

Prem Govender runs her own company, Mosswick Investments (Pty) Ltd, a financial planning, accounting and tax firm, established by her late father in 1962. She is a CFP professional, former Chairperson of FPI and currently serves as a director on the board of Financial Planning Standards Board (FPSB), which is the international standard setting body for financial planners worldwide. Govender serves on both the Financial Services Board’s (FSB) FAIS Advisory Committee and the Advisory Committee for Long Term Insurance. She is also a member of the Policy Board of the FSB and Chairperson of the South African Savings Institute (SASI).

Ben Raseroka is the Managing Director of Legal Exchange Corporation. He successfully concluded a joint venture with Santam Limited to set up a Legal Expense Insurance Agency, LEXCorp. He was previously Manager: Niche Business at Santam Insurance Company and prior to that, Raseroka was Manager: New Markets. He currently serves on the FSB’s FAIS Advisory Committee.

Bongani Sithole is currently Head of Entry Level Markets Business Unit for Liberty Life Head Office. He frequently represents Liberty in various media platforms (online, broadcast and print media). Prior to his position at Liberty, he was the Business Design Consultant for AVAF and in 2003-2004 Sithole was Project Manager for Transnet Ltd in the distribution, warehousing and freight sector.

“My fellow board members and staff of FPI join me in welcoming these new directors and look forward to serving with them in leading the institute to greater heights”, said Solly Keetse, CFP, FPI Board Chairperson-Elect.

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