Sanlam Limited announced that Mr. Junior John Ngulube has been appointed to the position of Chief Executive Officer of the newly established Sanlam Corporate business cluster. Mr. Ngulube's appointment is effective from 01 February 2016 and he will be a member of the Sanlam Executive Committee. He joins Sanlam from Munich Reinsurance Company of Africa where he was the Chief Executive Officer of their sub-Saharan operations since 2007 following a career that spanned 28 years in various positions within the Munich Re group.

Sanlam Corporate business cluster is being formed in line with Sanlam's overarching strategy to support the delivery of an enhanced and integrated solution to the Group's corporate clients, both in South Africa and the rest of the African continent. It will collaborate and maintain strong links with the other four existing clusters in the Group (Sanlam Emerging Markets, Sanlam Investments, Sanlam Personal Finance and Santam) to ensure delivery of a seamless holistic solution to corporate clients and their intermediaries.