SAIA

South African Insurance Association

+27 11 726 5381

SAIA Media Statement- Barry Scott Steps down as SAIA CEO

 

SAIA Media Statement

17 November 2014

(For immediate release)

Barry Scott steps down as SAIA CEO

As indicated in our statement of 10 September 2014, the SAIA Executive Board Committee agreed to enter into discussions regarding a separation between the SAIA and Mr Barry Scott.

As a result of these discussions the SAIA Board and Mr Barry Scott have agreed that after 20 years as Chief Executive Officer of SAIA, Mr Scott will be leaving SAIA at the end of November 2014. Until the SAIA Board finalises the appointment of a successor to Mr Scott the day to day responsibilities of SAIA will be overseen by the SAIA EXCO with the Chairman taking up a more active Executive role in managing the affairs the SAIA.

The Board would like to place on record its deep appreciation for the valuable contribution that Mr Barry Scott has made to the SAIA over the 20 years he has been the Chief Executive Officer. The manner and consistency with which he has led in the provision of high quality support to its members has been exemplary, during a period when the industry has been working hard to respond appropriately to the changing regulatory environment.

We wish Mr Scott well as he tackles new challenges in future and are sure that he will bring his substantial experience in leadership to bear on these challenges for many years to come.

Ends

Issued by the South African Insurance Association (SAIA).

For more information please contact:

Claire Norman

Manager: Communication

Telephone: +27 11 726 5381

Claire-anne@saia.co.za

About the SAIA

The SAIA is the voice of the short-term insurance industry. It represents the industry at all levels and with all stakeholders, to ensure a sustainable and dynamic short-term insurance industry for the benefit of all South Africans. The SAIA represents most of the short-term insurance companies in South Africa and is authorised to negotiate on their behalf. The Association has 61 members who abide by the SAIA code of conduct. The SAIA also participates and is represented in various organisations within and outside the insurance industry.