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Insurance & Actuarial News South Africa

ACE appoints Mabuza as non-executive director

ACE Insurance has announced the appointment of one of the country's top business people, Jabulane Mabuza, to its board as a non-executive director.

Jabulane Mabuza's executive career spans well over two decades as a senior leader of business in South Africa. Recently appointed chairman of Business Unity South Africa, Mabuza also currently serves as the deputy chairman of Tsogo Sun Holdings and is the current chairman of the Casino Association of South Africa. He also sits on the boards of a number of other companies, spanning the tourism, manufacturing, leisure, education and technology industries. The appointment is effective immediately.

Enhancing strategic position

"We are delighted to attract the participation of one of South Africa's most accomplished business leaders. Mabuza brings a rare breadth and depth of diverse knowledge and local leadership strength to ACE. His position as a non-executive director will significantly enhance the company's strategic positioning as we enter our next stage of growth," Brian Seach, chairman of ACE Insurance said.

Mabuza said: "As the local company of a multinational leader in its field, ACE Insurance has established a sound local business through the creation of value for customers, partners and the market in general. I look forward to playing a role in guiding and informing strategy to assist ACE in its reaching its full potential."

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