Jeremy Gibson has been appointed as chief executive of Sanlam Investments & Pensions, having operated as chief financial officer for Sanlam UK since 2012.
A statement from the group clarified he will continue as a director of Sanlam UK.
Meanwhile, Steven Haines and Alfio Tagliabue are to join the board of Sanlam UK as group chief operating officer and group chief financial officer respectively, having both previously worked with Sanlam UK’s group chief executive Jonathan Polin at Ashcourt Rowan.
Mr Polin officially took up the role on 1 January after leaving his role as Ashcourt Rowan’s group chief executive at the end of October, with Sanlam Private Wealth’s incumbent chief executive Craig Massey returning to South Africa as branch operations director and head of stockbroking.
Mr Polin explained over the coming months his aim is to create one overarching Sanlam business in the UK, while keeping the integrity of its specialist capabilities.
He said: “We have the foundations in place to build a business that will take a leading role in the UK Wealth Management arena for many years to come.”
The appointments follow the news earlier this week that Sanlam UK’s chief executive Lukas van der Walt is moving on as part of its ongoing integration and management restructure.
He is set to leave Sanlam UK on 29 February, after which he will serve as a strategic consultant to the group, advising on its development, mergers and acquisitions.
In December, Sanlam announced changes to the management structure of its UK businesses from the start of this year.
The UK group will now be made up of:
• National financial adviser Sanlam Wealth Planning;
• Discretionary fund manager Sanlam Private Wealth;
• Life and pensions business Sanlam Investments & Pensions;
• Boutique asset management firm Sanlam Four; and
• Institutional and retail stockbroking provider Sanlam Securities.