The Association for Savings and Investment South Africa (ASISA) has welcomed Iain Williamson (pictured) as the new chairman of its board of directors.
Williamson, the chief executive of Old Mutual, has been a member of ASISA’s board since January 2020.
Williamson takes over from Anton Pillay, the chief executive of Coronation Fund Managers, who has served as chairman since March 2022. Pillay remains on the board as a director, ASISA said in a statement today.
The ASISA board also appointed Mahesh Cooper, Allan Gray’s chief operating officer, as the new deputy chairman. He has been a member of the board since July 2022.
Adrian Burke, the acting chief executive of ASISA, thanked Pillay for his strong and focused leadership as ASISA transitioned through a period of change following the retirement of founding chief executive Leon Campher in 2022.
“Anton dedicated an extraordinary amount of time to ensure stability not only for ASISA but also for the savings and investment industry as it emerged from a particularly volatile period created by the Covid-19 pandemic.”
Burke also welcomed Williamson and Cooper on behalf of the ASISA team.
“As a team, we look forward to working closely with Iain and Mahesh and the rest of the ASISA board to deliver on the key objectives of the ASISA strategy. Our country is entering uncharted waters on the political front and, at the same time, navigating groundbreaking changes to both our health and retirement systems. Strong leadership from the ASISA board will be critical,” Burke said.
