Outgoing Britam Group Managing Director Tavaziva Madzinga has been appointed as Chief Executive Officer (CEO) of Santam effective 1st July 2022.
The Zimbabwean born actuary will replace Santam outgoing CEO Lizé Lambrechts who will retire in 2022.
“Tavaziva will be appointed as Executive Director with effect from 1 April 2022 and Chief Executive with effect from 1 July 2022,” the South Africa Insurance Company said in an announcement.
Commenting on the appointment, the Chair of the Santam Board, Pinky Moholi said: “Tavaziva comes with excellent insurance experience and business credentials. He will be joining a strong executive team and we are looking forward to his contribution”.
Tavaziva has 20 years of experience in insurance and broader financial services. He has worked in South Africa, Sub-Sahara Africa and Europe, in both technical and business leadership roles at country and regional levels. After more than 16 years at Old Mutual, he joined Swiss Re for four years, initially as CEO for the Middle East and Africa and later CEO for the UK and Ireland, based in London.
At Britam, he is credited with overseeing the Group’s return to profitability, initiating its transformation to a customer-centric organisation and building a strong executive team that will propel the Group to the next level.
Santam is a South African financial services group that also has business interests in Malawi, Tanzania, Uganda, Zimbabwe and Zambia.