Former Momentum MD Hillie Meyer to replace MMI CEO Nicolaas Kruger
Hillie Meyer will be joining MMI on a three-year contract, his return to the company after more than a decade is likely to surprise the market
16 January 2018 - 08:04
Former Momentum MD Hillie Meyer will replace MMI CEO Nicolaas Kruger, the insurance group created by the merger of Momentum and Metropolitan said on Tuesday. Meyer, who was MD of Momentum between 1996 and 2005, will join MMI on a three-year contract, effective February 15. "This decision comes after a few months of discussions between Nicolaas and the MMI Holdings board that enabled the board to consider the appointment of his successor with due care," MMI said. Jeanette Marais, previously an executive director at Allan Gray, would join Mary Vilakazi as a second deputy CEO on March 1, MMI said.
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