Listed non-bank financial services provider Sanlam Kenya, has
joined the continental Sanlam Group family in centennial anniversary
celebrations that kicked off on Friday.
The Sanlam
Group, was founded in 1918 and has since grown to become a pan-African
insurance, investment and ancillary services group, able to service
multi-national clients and their intermediaries effectively.
Speaking
when he confirmed the Sanlam 100 years’ celebrations kick off, Sanlam
Kenya Acting Group CEO, Mr George Kuria said the local arm will be
hosting a series of initiatives to mark the milestone.
On
Monday, Sanlam Kenya staffers planted more than 500 trees at Westlands
Primary School as part of the celebrations and the National Panda Miti,
Penda Kenya campaign.
“At Sanlam Kenya, we, we are excited to be celebrating our
centennial anniversary. It has taken 100 years of hard work and
perseverance over many generations to get us this far. In Kenya and
beyond, the company has evolved but we've always stayed committed to
creating lasting value and enabling people to live their best lives
possible,” Kuria said.
Sanlam Kenya’s growth from the
pre-independence days, he said has been facilitated by the continued
support of its General, Life and Investments clients.
Sanlam
Kenya was incorporated on October 26, 1946, then known as Indo Africa
Insurance Company Limited and started underwriting life business in 1947
before listing on the Nairobi Securities Exchange in 1963.
Continentally,
the Sanlam Group, which was founded in 1918, has evolved over the years
from a traditional life insurance company to a broad-based diversified
financial services provider that specialises in insurance (life and
general), financial planning, retirement, investments and wealth.
Demutualisation
In
1998 Sanlam demutualised, listing on the JSE Ltd and the Namibian Stock
Exchange. The Group was restructured into several independent
businesses within a federal business structure.
Today,
Sanlam is a diversified financial services provider with an extensive
product offering catering for all market segments. It also remains a
pioneer of technological development and innovation.
The
group has consistently grown its local as well as an international
footprint - it now has a presence in 33 African countries, India,
Malaysia, Philippines, the UK /Ireland, the US, Switzerland and
Australia.
From Cape to Casablanca, the Group is
particularly proud of its footprint across Africa, boasting more than 11
800 employees throughout the continent.
It has taken the group 100 years of doing things properly and doing them for good to get this far.
While
its centenary year is a chance to reflect on years of product and
technological innovation, looking after society and creating financial
security for all, Sanlam is looking ahead towards the next 100 years –
firmly committed to continue creating lasting value and enabling people
to live their best lives possible.
For now, and for generations to come.
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