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Our
purpose:

We enable businesses and
people from all walks of
life to achieve their financial goals
and life aspirations.

Board of Directors

Executive Committee

Hillie Meyer

Hillie Meyer

Group Chief Executive Officer

Academic qualifications:

BCom (Econometrics), Fellow of the Institute of Actuaries

Experience:

Hillie Meyer joined MMI on 15 February 2018. Prior to this, Hillie was the Managing Partner of Nodus Investment Managers, a niche private equity manager he co-founded in 2010. He retired as the Managing Director of the Momentum Group in 2005, a position he held for nine years. Before that, he had exposure to a wide range of actuarial and management positions in the Momentum Group which he joined in 1988. He also worked for Volkskas Pension Services (from 1985 to 1987) and Old Mutual (from 1983 to 1985).

Jeanette Cilliers (Marais)

Deputy Chief Executive Officer Executive
CEO: Momentum Investments, Momentum Intermediary Solutions, Group Marketing

Academic qualifications:

B.Sc. (Mathematics and Statistics), MBA (With Honours)

LinkedIn

Experience:

Jeanette Cilliers (Marais) joined MMI Holdings on 1 March 2018 as Deputy Chief Executive Officer and CEO of Momentum Investments. Her portfolio also includes marketing of the MMI Group of companies, as well as distribution through independent financial advisers. Jeanette was previously an executive director at Allan Gray and has extensive knowledge of the retail investments market, intermediary distribution and operational aspects of retail asset management. Jeanette started her career at Momentum in 1990 to 1999, responsible for sales and marketing for the group and Momentum Administration Services. She filled executive level positions at Stanlib and Old Mutual before joining Allan Gray in 2009.

Risto Ketola

Group Finance Director

Academic qualifications:

BSc, CFA Charterholder, Fellow of the Institute of Actuaries

LinkedIn

Experience:

Risto Ketola joined MMI in August 2016 to head up investor relations and business performance management. In this position, Risto was responsible for the investor relations function as well as the design, approval, monitoring, and reporting of balanced scorecards at various levels for the group. He has extensive experience as a financial services analyst and researcher with Standard Bank, Ketola Research and Deutsche Bank. As MMI's Group Finance Director, Risto is responsible for Investor Relations, Business Performance, Group Reporting, Finance Group-wide Services, Mergers and Acquisitions and Balance Sheet Management at MMI.

Johann le Roux

CEO: Life Insurance, Momentum Financial Planning, Legacy Solutions, Lending

Academic qualifications:

B.Sc. Mathematical Statistics (Honours), Fellow of the Actuarial Society of South Africa, MBA

Experience:

Johann Le Roux, BSc (Hons), MBA FFA has been Chief Executive Officer of Momentum Life at MMI Holdings Ltd. since April 2018. He was appointed to the MMI Executive committee on 1 April 2018. He has an extensive history with Momentum and MMI. He joined Momentum in 1998 as part of the corporate actuarial team, thereafter progressing into life product development and the subsequent management of Momentum’s life insurance business. He joined the Momentum Group executive committee in 2005. In the period to follow he assumed executive responsibility for Momentum’s legacy and new generation insurance and savings solutions, as well as the Momentum Group’s sales and distribution functions. He was appointed Chief Executive Officer of Momentum Retail in 2010 when MMI was created. He retired from full-time executive responsibilities in 2011, thereafter assisting MMI with a number of strategic initiatives.

Peter Tshiguvho

CEO: Metropolitan Retail

Academic qualifications:

BA, MBA, CFP

LinkedIn

Experience:

Peter joined Metropolitan in February 2017 as Head of Channel. He has extensive financial services distribution experience, having fulfilled various distribution related roles across both lower-income and affluent markets, both in South Africa and Rest of Africa as well as across different product segments. Prior to joining Metropolitan, Peter was with Old Mutual as the head of corporate and public worksites, prior to which head of distribution responsible for sales and distribution in countries where Old Mutual had a presence.

Thinus Alsworth-Elvey

Chief Executive: Momentum Corporate

Academic qualifications:

BCom, LLB, LLM, HDip Tax

Experience:

Thinus has more than 20 years financial services experience. He has served in various capacities in the MMI Group over the years including CEO of the Investments, UK and Life Insurance businesses. He is currently CEO of Momentum Corporate, which includes responsibility for the Health business. He has recently also been given the responsibility of overseeing the aYo joint venture with MTN in Africa, and the Aditya Birla joint venture in India.

Zureida Ebrahim

CEO: Client Engagement Solutions

Academic qualifications:

BCom Economics and Law, MAP

Experience:

Zureida started her career at Momentum in 2004 as the Head of Employer Services. Later, she headed up operations for the joint venture between Momentum and FNB, before taking up the role of Head: Momentum Client, where she was accountable for customer service and customer management. Her next challenge involved integrating Multiply into the Momentum client value proposition; this led to her becoming CEO of Client Engagement Solutions, which is her current role. Zureida also chaired Momentum’s Junior Board and Momentum’s first-ever innovation programme.

Herman Schoeman

CEO: Guardrisk and Short-term Insurance

Academic qualifications:

BCom, MBA

LinkedIn

Experience:

Herman joined Guardrisk in June 1999 as General Manager and was appointed Managing Director in August 2002. Prior to joining Guardrisk, Schoeman spent ten years at the Financial Services Board as a financial analyst for the insurance department. He has a BCom degree and an MBA from the University of Pretoria.

Nontokozo Madonsela

Nontokozo Madonsela

Group Chief Marketing Officer

Academic qualifications:

Bachelor of Commerce (BCom)

Experience:

Nontokozo Madonsela has over 18 years of experience in brands and marketing. She specialised in marketing and brand strategy, creative development process, delivery of brand and corporate identity and strategic execution of advertising and marketing campaigns. Nontokozo was formerly Executive Head of Marketing for Personal and Business Banking at a leading South African bank. Prior to that Nontokozo worked in the transport, telecommunications, insurance and fast moving consumer goods industries.

Linda Mthenjane

Chief Executive: Human Capital

Academic qualifications:

BA (Hons) Psychology, MA Clinical Psychology

LinkedIn

Experience:

Linda, who is a clinical psychologist, has over twenty years’ experience in Human Capital and brings a combination of skills which include diversity management, organisational design and development, leadership development and coaching, talent management and remuneration strategy. In her last role at FNB International, she supported businesses on the African continent and in India, giving her experience and skills in an emerging market context. Linda’s role at MMI includes leading the full Human Capital strategy across MMI and comprises of Organisational Development, HR operations and Transformation work.

Jan Lubbe

Group Chief Risk Officer

Academic qualifications:

CA (SA), MComm, MBA

LinkedIn

Experience:

Jan Lubbe was previously Chief Risk Officer at Barclays Africa Group. He worked at KPMG in South Africa and England, at Goldman Sachs as an Executive Director and at FirstRand as Chief Risk Officer.

Ashlene van der Colff

Group Chief Operating Officer

Academic qualifications:

CA (SA), BSocSc, BCom Honours, PGDip Accounting, HDip Tax Law

LinkedIn

Experience:

Ashlene is a chartered accountant with many years’ experience in the financial services sector. She is a former partner of KPMG in the financial services division. She has also served in the capacity of trustee to a charitable organisation and curator to a life company. Prior to joining MMI in May 2016 as Chief Audit Executive, Ashlene was the divisional director of operations for the corporate division of a life company. She is a business leader and strategist with a proven track record in implementing business processes. As Group Head of Operations, Ashlene is responsible for ensuring that MMI operations and work practices are robust, effective and efficient in delivering to our clients and the business across the value chain of operations.

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