Sanlam CEO Paul Hanratty is in the C-SUITE

Sanlam CEO Paul Hanratty is in the C-SUITE

Sanlam reported resilient results for the 12 month period. The group paid out R1bn in relief to clients in the hospitality and leisure sector and provisioned R3bn for pending business interruption claims. Hanratty also states that business and government are working well to roll out the vaccine strategy and that we should acknowledge the good work being done.

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About Paul Hanratty

Member of the Board of directors

Mr Paul Hanratty has been a member of the Board of directors since 2017. He qualifies as an independent non-executive director and is the chair of the Audit committee as well as a member of the Risk and Compliance and Social, Ethics and Sustainability (SES) committees. The Board has appointed him as Audit committee financial expert. He is also an expert in actuarial, risk and compliance as well as ethics governance.

Mr Hanratty obtained his bachelor’s degree in Actuarial Sciences (B.Bus.Sc (Hons)) from the University of Cape Town in 1984. He is a fellow of the Institute of Actuaries (FIA). He started his career at Old Mutual SA in 1984 where he filled various roles including that of head of Product Development. He was appointed CEO of Old Mutual SA, a position which he filled from 2006 to 2008. From 2009 to 2010 he was appointed as CEO of Long-term Savings, where he was responsible for the insurance and asset management businesses of Old Mutual in the USA, UK, Scandinavia, Europe, South Africa, Africa and emerging markets. He served as the Old Mutual Group Operating Officer until his retirement in 2016.

As chair of Old Mutual SA from 2010 to 2016 he was responsible for the emerging markets insurance and asset management business and the UK Wealth Management business, as well as serving on the board of Nedbank and driving the restructuring of the SA Group to prepare for “Twin Peaks” regulation in South Africa.

Mr Hanratty has been a director of MTN since 2016, is the non-executive chair of Intelligent Debt Management (IDM) and also serves on the board of Columbia Leadership, a leadership development charity for young people.

Mr Hanratty is chair of the Audit committee, chair of the Finance Committee and Ignite (business transformation) and an advisory committee member of the MTN Group. He is also a member of the Audit and Risk committee and the chair of the Remuneration committee of the IDM.

Source: Sanlam