Sanlam announces appointment of new board member

12 August 2013 Sanlam

The Sanlam Group is pleased to announce the appointment of Mr Paul Bradshaw to the Sanlam and Sanlam Life Insurance Limited Boards of Directors as an Independent Non-Executive Director with effect from 07 August 2013.

Mr Bradshaw’s appointment follows the retirement of Mr Ian Plenderleith from the Boards of Sanlam and Sanlam Life Insurance Limited with effect from 04 September 2013. Mr Plenderleith would reach the age of retirement as stipulated in Sanlam’s Memorandum of Incorporation.

Welcoming Mr Bradshaw, Sanlam Limited Chairman, Mr Desmond Smith, said: “Mr Bradshaw is an experienced actuary having been a founder, Managing Director and Chairman of Skandia UK Life Assurance Limited. We are confident he will add value to our formidable Board through his industry expertise as well as international corporate experience. We look forward to his contributions.”

Mr Bradshaw is the Chairman of the Board of Nucleus Financial Group Limited in which Sanlam is an investor. His other directorships include Sanlam UK Holdings, Sanlam Life and Pensions UK Limited, Sanlam Private Investments and Sanlam Private Wealth Holdings UK Limited, Southampton University Hospital NHS Trust, Paul Bradshaw Consulting Limited and Integrated Protection Solutions Limited.

He was the founder director of St James Place and ran their international operations until 2002. He was the Chief Executive Officer of Abbey Insurance Limited (now Santander UK) as well as for the asset management division until 2006.

Sanlam expressed its appreciation to Mr Plenderleith for his valued contribution to the Group since his appointment to the Sanlam Board in 2006 and wished him well.

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