Santam announces Franco Feris as CEO of Santam Namibia
Santam, South Africa’s leading short-term insurer is pleased to announce Franco Feris as the new Chief Executive Officer for Santam Namibia Limited. His appointment is effective from the 1st of January 2012.
Franco’s responsibilities will include monitoring the growth and profit of the business; building and retaining relationships with clients; managing risks and compliance within the business, as well as overseeing the overall operations of the company amongst other duties. He will be reporting to the board of directors and will also serve on the Namibia Insurance Association Committee (NIA).
Franco’s new position comes after serving as the company’s Chief Operational Officer for four years; a role that included the supervision and control of claims; underwriting; analyses of the brokers Portfolio to ensure growth and profitability; internal auditing, reporting to the board on a quarterly basis including various other duties.
Ian Kirk, CEO for Santam South Africa, comments: “Franco is the perfect candidate to fill this position as he has a deep understanding of the business. He started at Santam in 2005 as a Financial Manager and later showed interest and aptitude in Operations and was duly promoted to Chief Operation Officer in 2007. He managed the operational side of the business with distinction and as my counterpart for the Namibian business, I have no doubt that he will excel in his new role.”
Franco holds a Bachelor of Commerce degree (Accounting and Economics) from the University of Namibia and a Senior Management Development Program
(SMDP) qualification from the University of Stellenbosch.
He was awarded the Best student of the Faculty of Economics and Management Science prize in 1998 by the University of Namibia.