Adrian Burke (pictured), a respected and experienced figure in the insurance industry, has taken on the role of acting chief executive of the Association for Savings and Investment South Africa (ASISA).
Asisa brings together various players in the financial sector, including asset managers, investment companies, and life insurance firms.
In December last year, Asisa announced that Busisa Jiya would be leaving the top job by mutual agreement at the end of 2023 “to pursue other opportunities”. His resignation came less than two years after he joined Asisa as chief executive on 1 February 2022, following the retirement of Leon Campher.
Earlier this week, Asisa chairman Anton Pillay said the board’s top priority is finding a new CEO, but they anticipate it may take a couple of months to secure the right candidate.
“We have therefore decided to appoint an acting CEO until a permanent appointment can be made,” said Pillay.
Burke, a Fellow of the Actuarial Society of South Africa, retired from Old Mutual in November 2020, concluding a nearly 40-year career in the long-term insurance industry. He continues to serve on the board of Old Mutual Botswana and is a trustee of the Old Mutual Foundation.
According to the group’s website, Burke has specific expertise in life insurance. During his time at Southern Life (which subsequently merged with Momentum) and Old Mutual, he served in several senior leadership roles related to the development, management, and valuation of retail and corporate life insurance.
