FANews
FANews
RELATED CATEGORIES

SAIA increases workforce in light of SA’s regulatory framework

19 November 2012 SAIA

As a result of a shake-up of the Financial Services Sector’s legal framework and a slew of regulatory reforms, the South African Insurance Association is glad to announce that it has made two appointments to bolster its technical team in order to effectiv

In October 2012, the Association appointed Lezanne Botha as the SAIA Programme Manager: Legal Projects with a primary focus on special legal projects such as Treating Customers Fairly (TCF), Microinsurance, Motor Projects, the Green Geyser Replacement Project and the Solvency Assessment Management (SAM) initiative. She holds an LLB and a post graduate diploma in Law through UNISA. Lezanne is an admitted attorney of the High Court of SA and holds a total of 9 years legal experience.

Also appointed in the same month was Lesia Motofo, who was appointed as the SAIA Legal Officer. He is a legal practitioner with BA Law-1999, LLB-2001 and a postgraduate diploma in Law-Dispute Resolution/Mediation, Conciliation and Arbitration-2004 from the University of Cape Town. He also holds post graduate certificates in Compliance Management-Law-2011, Money Laundering Control –Law-2011; both obtained the University of Johannesburg.

Lesia is also an admitted advocate of the High Court and Court of Appeal in the Kingdom of Lesotho and an Accredited Member of the Compliance Instituteof South Africa.

“We are glad to have Lezanne and Lesia join the SAIA Technical Team. Their appointments came at a time when the insurance industry is grappling with a raft of legislative requirements and their experience will certainly be called upon to help the industry forward during this transition period,” says SAIA General Manager: Technical, Suzette Strydom.

In line with the Association’s vision on human capital development the SAIA has, for the year 2012/13, also appointed six graduate trainees into learnership positions within various strategic units that include Strategy and Planning, Legal, Finance, Motor, Project Management and the search for the seventh trainee in Communications & Stakeholder Relations is currently at an advanced stage.

Quick Polls

QUESTION

How do you respond when a business or individual offers you a ‘too good to be true’ investment?

ANSWER

Call my adviser for advice
Go all in, 10x returns are awesome
Ignore, stick with my financial plan
Scam alert! Report it to the regulator
Share it on TikTok for a laugh
fanews magazine
FAnews November 2024 Get the latest issue of FAnews

This month's headlines

Understanding treaty reinsurance – and the factors that influence it
Insurance brokers: the PI scapegoat
Medical Schemes' average increases for 2025
AI is revolutionising insurance claims processing and fraud detection
Crypto arbitrage: exploring the opportunities and risks
Subscribe now