Simeka Consultants & Actuaries (Simeka) today announced the appointment of Richard Tyler as its new Managing Director. Tyler will lead the investment and benefit consultancy, an affiliate of Sanlam Employee Benefits (SEB), in its strategy of increasing market share and offering tailor-made retirement fund solutions. .
“Richard’s appointment is a major coup for our business and we are thrilled to have him on board,” said Robert Roux, CEO of SEB. “He brings with him the kind of expertise and energy that will give our growth strategy renewed focus and enable the business to continually adapt to the rapidly evolving employee benefits environment.”
Tyler joined Simeka from Alexander Forbes and has over 20 years’ experience in the Employee Benefits industry. Much of his experience was gained at Alexander Forbes where he held various senior positions in their Consulting and Actuarial business. In addition, he brings with him extensive experience in the consulting field, having worked with some of the largest Retirement Funds in South Africa.
He replaces current managing director Gawie du Toit, who is retiring from management but who will remain at Simeka as an executive consultant.
“I am extremely excited to be part of such a progressive consultancy business,” said Tyler of his appointment. “I’ve joined Simeka at an inflection point and look forward to consolidating the successes achieved by my predecessor and driving the business’s future optimal growth. I believe Simeka is perfectly positioned to increase market share and continually build on its quality offering."