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Sanlam Multi Manager International announces new CIO

14 October 2008 Sanlam Multi Manager International (SMMI)

Sanlam Multi Manager International (SMMI), the multi manager within the Sanlam Investments stable, recently announced the appointment of Andrew Rumbelow (pictured) as chief investment officer (CIO). Rumbelow, who is based at SMMI’s Tygervalley offices, was formerly the head of implemented consulting at SMMI.

Rumbelow has extensive experience in multi management, having assisted in the launch of the Standard Bank multi manager business, Lodestone Investments – now known as Stanlib Multi Manager - where he held the post of CIO. Rumbelow is a CFA charter holder and a qualified financial chartered accountant. He began his career at NatWest Market - Equities in 1995 following five years at Deloitte completing his articles.

Anet Ahern, CEO of SMMI, said,“The business has grown its assets, product range and staff and this has necessitated more focused roles where the CEO runs the business and the CIO looks after the investment process.”

Ahern added that Rumbelow is both a believer in, and an engineer of, the SMMI engine. “He has fulfilled his role as head of implemented consulting with great success and has proven himself worthy of heading up a team of investment specialists.”

Rumbelow is excited about leading the strong team of analysts and portfolio managers. “SMMI is all about offering unique investment solutions to clients and as CIO I intend to ensure that the quality of our offering is maintained for current and prospective clients.”

Under Rumbelow’s direction the SMMI investment team’s key focus will be to ensure the investment thinking remains innovative and the process is rigorously applied, working towards achieving clients’ investment goals.

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