CFO Profile: Brett Tromp | Discovery

Brett Tromp | Chief Financial Officer | Discovery Limited

Brett Tromp - current CFO of Discovery Limited - is a Chartered Accountant. Tromp started working for Discovery in 2003 where he has since then served in various positions. Over time, Tromp has been able to work his way up to becoming the CFO of the company. Tromp says that success is "all about relationships". He says to take pride in leading the "happiest team within Discovery". For his work as the CFO of Discovery, Tromp was nominated for the CFO Awards 2014. One year later, Tromp received the High Performance Team Award as well as the Young CFO Award at the CFO Awards 2015.

As a possible result of his love for leadership, Tromp was named CEO of Discovery Health in July 2015.

More about Brett Tromp:
Brett Tromp, CFO at Discovery Health: the softer side of a CFO
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Nationality: South African
CFO since: April 2007

Career:

  • 2015 - Present: Chief Executive Officer - Discovery Health
  • 2007 - Present: Chief Financial Officer - Discovery Health
  • 2003 - 2007: Various positions - Discovery Health

Education:

  • CA(SA)
  • University of Oxford - Said Business School - Executive Leadership Program

Discovery Health
Employees:
8220 (2013, Discovery)
Listed: JSE
Sector: Insurance
Industry: Health Care

Activities:
Discovery Holdings is an international financial services company that operates in South Africa, the United Kingdom, China and the United States. The company listed on the Johannesburg Securities Exchange in 1999 and its head office is in Sandton, Johannesburg, South Africa.

Discovery was established in South Africa in 1992, initially operating as a specialist risk manager in the private health insurance market. It has since expanded into a fully integrated financial services organisation spanning the following key markets.

Consumer-engaged health assurance
Discovery operates in health assurance markets in South Africa through its subsidiary, Discovery Health; and in the United Kingdom through its joint venture with the Prudential plc, PruHealth. Discovery owns 75% of this venture. The company offers health insurance that makes use of savings accounts and a wellness programme to empower consumers to manage their health and control their healthcare spending.

In December 2009, Discovery entered into an agreement to acquire a 24.99% stake in Ping An Health Insurance Co. of China Ltd.

Financial Results:

Gross Income (R Million)

2013

2012

2011

2010

Discovery

24861

19869

17854

12422

Profit from operations (R Million)

2013

2012

2011

2010

Discovery

4052

3443

2838

2147

Discovery Health

1688

1499

1357

1195