SanlamAllianz Announces Merger and Launch of Brand in Ghana

29-07-2024

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Sanlam and Allianz today announced the launch of their joint venture brand, SanlamAllianz, in Ghana. This follows the receipt of regulatory approvals by Sanlam and Allianz in Ghana to merge and rebrand to SanlamAllianz.

The SanlamAllianz joint venture, which launched in September 2023, is a leading pan-African non-bank financial services company with operations in 27 countries across the continent.

The Chief Executive Officers of both companies are Tawiah Ben-Ahmed, CEO/Managing Director of SanlamAllianz Life Insurance Ghana and Mabel Nana Nyarkoa Porbley, CEO/Managing Director of SanlamAllianz General Insurance Ghana.

SanlamAllianz’s ambition is to leverage its global and pan-African expertise and unlock growth in Africa’s high-potential economies, in line with its goal of empowering generations to be financially confident, secure and prosperous. This will be achieved by supporting financial inclusion through innovative, cutting-edge technologies and differentiated financial services that create shared value for all stakeholders.

SanlamAllianz CEO, Mr. Heinie Werth, said: “The launch of the SanlamAllianz brand in Ghana marks a new milestone for us and the wider financial services market and our commitment to doing business in Ghana. It demonstrates our strategy to leverage our expertise to create leading businesses in the economies where we choose to operate and supports our intention to enable access to financial services.”

“The joint venture will also leverage the combined scale of our shareholders, Sanlam and Allianz, as well as our enhanced distribution capabilities, shared expertise and existing partnerships in telecommunications and bancassurance, which will benefit our customers,” added Mr Werth.

www.sanlamallianz.com