Adrian Gore plots three-pronged growth strategy for Discovery
Discovery CEO wants to compete with SA's big four banks and says Asia and the UK offer massive growth opportunities
Adrian Gore, the CEO of Discovery, is plotting an ambitious three-pronged growth strategy for the financial services group he founded two decades ago with support from Rand Merchant Bank.
That growth strategy will focus on three key markets — SA, the UK and Asia. With Discovery gaining “excellent traction” through its SA-focused bank offering, which in January was averaging 750 new clients a day, Gore is pinning his international growth ambitions on Asia and the UK, where the group’s model of incentivising good behaviour to reduce insurance risk seems to be resonating with consumers...