Kaizer Moyane (pictured) has been appointed as the chief executive of the Association for Savings and Investment South Africa (ASISA).
ASISA represents the interests of the country’s asset managers, collective investment scheme management companies, linked investment service providers, multi-managers, and life insurance companies.
The association’s board of directors announced that Moyane’s appointment will be effective from 1 November.
Moyane, an attorney by profession, is concluding his tenure as head of employee relations, transformation, and compliance at Sanlam. Before joining Sanlam, he was human resources executive at Nedbank.
Additionally, Moyane chairs Business Unity South Africa’s Standing Committee on Social and Transformation Policy and is the overall business convenor at the National Economic Development and Labour Council.
Iain Williamson, the chairman of ASISA, says Moyane’s demonstrated expertise in advancing transformation both within companies and at a national level was a key factor in his appointment, given that transformation is a top strategic priority for ASISA.
“The appointment of Kaizer as CEO of our industry association follows an extensive search for an exceptional individual who not only has an in-depth understanding of our industry but also deep insights into the challenges facing our country,” says Williamson.
Moyane takes over from Adrian Burke, who has served in an interim capacity since February. 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.
In a previous interview with Moonstone, Burke shared that he received a call from ASISA “out of the blue” to step in temporarily while the board searched for a new chief executive. Burke, a respected and experienced figure in the insurance industry, said that having enormous respect for what ASISA has achieved over the years, he felt a sense of duty to step up.
Read: ASISA’s interim CEO’s focus is on people and potential for improvement
“If you try, as an individual corporate, to deal with all the stakeholders, such as government, the various regulators, and community organisations, you are likely to struggle to make headway. However, where you come together as a team and work towards common goals as a unit, you are far more likely to achieve results. Where there has been common ground, ASISA has been successful.”
Williamson thanked Burke for exiting retirement earlier this year to take the reins at ASISA for the past few months.
“His actuarial expertise and 40-year experience in the long-term insurance industry have proved invaluable at a time when our industry has had to navigate the implementation of the two-pot system within a very tight timeline,” said Williamson.
