South African insurer Sanlam said on Tuesday that CEO Ian Kirk will be replaced by non-executive director Paul Hanratty in July.

South African insurer Sanlam said on Tuesday that CEO Ian Kirk will be replaced by non-executive director Paul Hanratty in July.


Kirk will remain with the organisation until Dec. 31, when his five-year contract with Sanlam ends, fulfilling various responsibilities including providing support to the new CEO, the insurer said in a statement.

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