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Nicolaas Kruger
Director/Board Member at
AFRIMAT LIMITED
Profile
Nicolaas Abraham Stefanus Kruger is currently Chairman at VKB Beleggings Pty Ltd., Brenn-O-Kem (Pty) Ltd. since 2020, and Gwk Beperk Ltd. since 2019.
He is Non-Executive Chairman at Guardrisk Life Ltd. and Guardrisk Allied Products & Services (Pty) Ltd. He serves as Independent Non-Executive Director at Sanlam Ltd. and Sanlam Life Insurance Ltd. since 2020, Afrimat Ltd. since 2023, and will be Independent Non-Executive Director at RMB Holdings Ltd. starting 2026.
He is Non-Executive Director at General Reinsurance Africa Ltd. since 2018, Main Street 1400 Pty Ltd., Granor Passi, I7 Capital, and Brenn-O-Kem Holdings Pty Ltd. He is Director at GWK Ltd. (Cooperative), Magnolia Ridge Properties 218 Pty Ltd., Ngfj Game Ventures Pty Ltd., Finansdeel Proprietary Limited, Thekwane Investments Pty Ltd., and Tzamenkomst Proprietary Limited.
He is Lead Independent Non-Executive Director at We Buy Cars Holdings Ltd. since 2024 and a Member of The Institute of Directors.
Former roles include Group Chief Executive Officer at Momentum Life Assurers Ltd., Group Chief Executive Officer & Executive Director at Momentum Group Ltd. from 2010 to 2018, Group Chief Executive Officer at MMI Group Ltd. from 2013 to 2018, Non-Executive Chairman at Guardrisk Insurance Co. Ltd. and Guardrisk Group (Pty) Ltd., Director at Association for Savings & Investment SA, and Chief Executive & Financial Officer at Momentum Group Ltd. (South Africa) in 1997.
Education includes an undergraduate degree from the University of Stellenbosch, conferred in 1988.
Nicolaas Kruger active positions
| Companies | Position | Start |
|---|---|---|
| SANLAM LIMITED | Director/Board Member | 2020-05-25 |
| AFRIMAT LIMITED | Director/Board Member | 2023-01-31 |
| RMB HOLDINGS LIMITED | Director/Board Member | 2026-05-28 |
Gwk Beperk Ltd. | Chairman | 2019-08-31 |
VKB Beleggings Pty Ltd.
 VKB Beleggings Pty Ltd. Miscellaneous Commercial ServicesCommercial Services Engages in grain storage & sales and handling & procurement, grain milling and agricultural finance | Chairman | - |
Former positions of Nicolaas Kruger
| Companies | Position | End |
|---|---|---|
| MOMENTUM GROUP LIMITED | Chief Executive Officer | 2018-02-14 |
MMI Group Ltd.
 MMI Group Ltd. Investment ManagersFinance Profile Unavailable. | Chief Executive Officer | 2018-01-31 |
Association for Savings & Investment SA | Director/Board Member | - |
Momentum Life Assurers Ltd.
 Momentum Life Assurers Ltd. Investment ManagersFinance Momentum's subsidiary firm, RMB Asset Management Pty Ltd. (RMBAM) actively manages the bulk of the assets underlying the conventional with-profits portfolios, aiming to enable Momentum to meet their guaranteed benefits and to maximize the return on investments on a long-term basis, aiming for an optimal balance between the different asset categories in order to lower the volatility of returns while providing capital growth and returns over the long-term. They manage portfolio weightings with regard to asset class, sector and individual securities, seeking to optimize returns and manage risk through diversification. | Chief Executive Officer | - |
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Training of Nicolaas Kruger
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
48
1st degree connections
23
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 23 |
|---|---|
Sanlam Ltd.
 Sanlam Ltd. Property/Casualty InsuranceFinance Provides financial, life insurance, financial planning and credit solutions to individual and institutional clients | Finance |
RMB Holdings Ltd.
 RMB Holdings Ltd. Financial ConglomeratesFinance Operates as an investment holding company | Finance |
Momentum Life Assurers Ltd.
Momentum Life Assurers Ltd. Investment ManagersFinance Momentum's subsidiary firm, RMB Asset Management Pty Ltd. (RMBAM) actively manages the bulk of the assets underlying the conventional with-profits portfolios, aiming to enable Momentum to meet their guaranteed benefits and to maximize the return on investments on a long-term basis, aiming for an optimal balance between the different asset categories in order to lower the volatility of returns while providing capital growth and returns over the long-term. They manage portfolio weightings with regard to asset class, sector and individual securities, seeking to optimize returns and manage risk through diversification. | Finance |
Momentum Group Ltd. (South Africa)
 Momentum Group Ltd. (South Africa) Investment Banks/BrokersFinance Provides investment management and life insurance services | Finance |
Sanlam Life Insurance Ltd.
 Sanlam Life Insurance Ltd. Internet Software/ServicesTechnology Services Operates as an online platform that provides financial, invest, planning and wealth management services | Technology Services |
University of Stellenbosch
 University of Stellenbosch Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Guardrisk Insurance Co. Ltd.
 Guardrisk Insurance Co. Ltd. Multi-Line InsuranceFinance Provides insurance and alternative risk transfer services and solutions | Finance |
Afrimat Ltd.
 Afrimat Ltd. Construction MaterialsNon-Energy Minerals Provides construction materials and industrial minerals | Non-Energy Minerals |
The Institute of Directors
 The Institute of Directors Miscellaneous Commercial ServicesCommercial Services Provides informative events and professional development courses | Commercial Services |
General Reinsurance Africa Ltd.
 General Reinsurance Africa Ltd. Multi-Line InsuranceFinance Provides property, casualty, health and life reinsurance services | Finance |
Association for Savings & Investment SA | |
Brenn-O-Kem (Pty) Ltd.
 Brenn-O-Kem (Pty) Ltd. Environmental ServicesIndustrial Services Provides waste management services | Industrial Services |
Guardrisk Group (Pty) Ltd.
 Guardrisk Group (Pty) Ltd. Insurance Brokers/ServicesFinance Provides general insurance services | Finance |
GWK Ltd. (Cooperative)
 GWK Ltd. (Cooperative) Miscellaneous Commercial ServicesCommercial Services Provides grain storage, handling, trade and procurement, milling, trade retail, and agricultural finance business | Commercial Services |
Momentum Group Ltd.
 Momentum Group Ltd. Life/Health InsuranceFinance Provides life insurance, asset management and financial services | Finance |
Guardrisk Life Ltd.
 Guardrisk Life Ltd. Life/Health InsuranceFinance Provides life insurance services | Finance |
MMI Group Ltd.
MMI Group Ltd. Investment ManagersFinance Profile Unavailable. | Finance |
Guardrisk Allied Products & Services (Pty) Ltd. | |
Main Street 1400 Pty Ltd. | |
Gwk Beperk Ltd. | |
Granor Passi | |
I7 Capital | |
VKB Beleggings Pty Ltd.
VKB Beleggings Pty Ltd. Miscellaneous Commercial ServicesCommercial Services Engages in grain storage & sales and handling & procurement, grain milling and agricultural finance | Commercial Services |
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