SanlamAllianz Announces CEO Transition as Hennie Nel Takes over

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SanlamAllianz has announced a significant leadership transition, marking the end of an era and the beginning of a new chapter for one of Africa’s leading financial services groups. The Board has appointed Hennie Nel as the next Chief Executive Officer, effective 1 September 2026, succeeding Heinie Werth, who will retire at the end of December after an outstanding 28-year career within the Sanlam Group.

Since the launch of SanlamAllianz in September 2023, Heinie Werth has played a pivotal role in shaping the organization’s strategic direction and strengthening its presence across Africa. Through extensive engagement with partners, regulators, and stakeholders across multiple markets, he helped build a strong foundation for the business while advancing financial confidence, security, and prosperity for millions of people across the continent.

The appointment of Hennie Nel signals continuity and strategic growth. Currently serving as Executive Head of Corporate Finance at Sanlam Group, Nel brings deep expertise in corporate strategy, mergers and acquisitions, financial services, and large-scale transactions. His leadership experience includes overseeing major investments and partnerships involving TymeBank, GoTyme, Ninety One, MultiChoice Group, and Shriram, positioning him well to guide SanlamAllianz through its next phase of expansion.

Nel is also no stranger to the SanlamAllianz ecosystem. Throughout his career, he has played a key role in several landmark transactions that strengthened Sanlam’s footprint across Africa, including investments in Saham Finances and the formation of the strategic joint venture between Sanlam Group and Allianz SE. His understanding of the business, coupled with his extensive experience across African financial markets, provides a strong platform for future growth and innovation.

As Heinie Werth prepares to conclude a distinguished career and support a smooth transition through the end of 2026, SanlamAllianz enters a new leadership era with a focus on continuity, growth, and long-term value creation. The transition reflects the organization’s commitment to strong governance, strategic leadership, and delivering sustainable financial solutions that support economic development and financial inclusion across Africa.

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