Our Team of Directors
The following individuals stand at the helm of the company:
Peter Doyle, previously CEO of Metropolitan, serves as Chairman on the SAAD board.
Having started his career with an international student internship programme in London, Peter started with Metropolitan in Cape Town in 1980 where he fulfilled various roles up until 2008.
These include working in actuarial valuations, marketing, product development, finance and IT, as well as filling the positions: Executive Director of Employee Benefits and Health Business, Managing Director of Metropolitan Life, Director of Metropolitan subsidiaries and Group Chief Executive of Metropolitan Holdings (a position he held for 10 years).
Throughout this time, he was also involved in various other ventures, including as a Council Member and later President of the Actuarial Society of South Africa (ASSA), Director of the Life Offices Association and as a Non Executive Chairman of the Metropolitan Foundation. More recently, Peter has been active within the International Actuarial Association (IAA) as a Council Member.
He has also contributed greatly towards HIV/AIDS research throughout his career – from leading a team in developing an actuarial model and presenting papers on the subject, to ultimately contributing to a better understanding of the HIV/AIDS epidemic in Africa and its impact on the continent.
Peter’s academic qualifications include: Matriculating from Grey College (Bloemfontein), B.Bus.Sc (University of Cape Town), Fellow of the Actuarial Society of South Africa (FASSA), IMD (Switzerland) Senior Executive Forum: Mergers and Acquisitions, and IMD (Switzerland) High Performance Boards Programme.
Johan du Preez
Johan du Preez is an experienced CEO and is well known for his turnaround expertise.
He began his career in the USA (California, 1991) where he specialised in the turnaround of large retail “drug” stores (for American Drug Stores, a retail group that owned more than 700 stores). He then moved on to managed healthcare (medical insurance and risk management) and was part of a core team that created a national claims processor (RxAmerica) allowing pharmacies to submit their claims to medical insurers online and in real-time (via a satellite link).
Upon his return to South Africa he was instrumental in the turnaround of Sanlam Health (health insurance, CEO 1999 – 2001), led Glacier by Sanlam (retail investments, CEO 2002 – 2004) and headed the start-up of the financing company Quince Capital (CEO 2006 – 2009).
He recently acted as the CEO of the then JSE listed pharmaceutical company Cipla Medpro South Africa (August 2012 to June 2013) and during this time concluded a R4.5bn transaction with Cipla India that saw the delisting of Cipla Medpro. During his involvement with the Sanlam group he served on the Executive committees of Sanlam Life and Sanlam Investment Management.
Johan obtained the degree M. Pharm in 1989 (University of Pretoria) and holds an MBA from National University in San Diego, California (1996).
Emile Wessels is a lawyer turned businessman, with significant experience in strategy development and implementation.
After lecturing at the University of Stellenbosch, Emile joined Sanlam where he specialised in taxation. During Sanlam’s demutualisation, he coordinated the legal work, served on the steering committee and was a member of the executive team consulting with Cosatu, consumer bodies, etc.
After Sanlam’s demutualisation he was appointed as CEO of Sanlam Personal Portfolios. When this company merged with Innofin, a joint venture between Sanlam and Macquarie Bank of Australia, he became Divisional Director responsible for Product Development and Business Solutions. In this role he drafted the Sanlam Group strategy for the penetration of the affluent market, which culminated in the launch of Glacier by Sanlam. Glacier’s business retention strategy was so successful that it became an International Insurance Advisory Board case study.
He also served as Chairman of Lispa, the industry association of linked investment service providers during an exciting time, which included negotiations with the regulator and the SARB on the implementation of FAIS, FICA and new exchange control requirements.
After leaving Sanlam, he consulted for various companies before joining SAAD fulltime.
Emile’s academic qualifications include B.A. LL.B (University of Stellenbosch), Postgraduate Diploma in Tax Law (University of Cape Town), Diploma in Investment Management (cum laude) (Rand Afrikaans University), LL.M in International Trade Law (cum laude) (University of Stellenbosch). He is also a CFA charterholder.