GROUP CO-FOUNDER
Outsurance CEO quits to join broadband start-up
Roos and RMI Investment Managers CEO Chris Meyer plan to leave at the end of the year
Willem Roos will step down as group CEO of Outsurance — after 21 years with the insurer that pioneered direct selling in SA — to join the Michael Jordaan and Paul Harris-backed 4G+ mobile network start-up Rain. “It’s an emotional thing for me, being involved with Outsurance for so long,” Roos said on Wednesday following the announcement. His reasons for resigning involved the decision to relocate his family to the Cape, he said. At 25 years old, Roos was part of Outsurance’s founding team, along with MiWay CEO René Otto and Howard Aron. “I’m fully confident in the team [at Outsurance]. I really do think we have good succession planning and I think the business can benefit from a fresh perspective and fresh pair of legs,” said Roos, who holds a 3% to 4% stake in the company and will remain on the board as a nonexecutive director. Among his possible internal successors are Danie Matthee, who was CEO of the group’s Australia business, Youi, and returned in July to become CEO of Outsura...
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