Jeanette Marais will become the new CEO on 1 August 2023.
Marais joined the group in 2018 as Deputy Group CEO, overseeing Momentum Investments, Momentum Distribution Services, Consult by Momentum and Momentum Mone.
Additionally, over the last five years, the value of new business increased from R80 million to R346 million. She will replace Hillie Meyer, who was appointed in 2018 for a fixed term of five years. Meyer will retire on 30 September following a brief handover period. “I am pleased that this appointment represents a significant breakthrough in diversity, and I am proud that we found the best person for the job inside our company. This ensures leadership continuity and a continued focus on strategy execution.”
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