CFO Profile: Brooks Mparutsa | Hollard

Brooks Mparutsa | Chief Financial Officer | Hollard Group

Brooks Mparutsa - current CFO of Hollard - started his career at PricewaterhouseCoopers , where he worked for seven years before leaving the company as the Senior Audit Manager. After PricewaterhouseCoopers, Mparutsa worked at Standard Bank and Airports Company South Africa.

In September 2007, Brooks became the CFO of Hollard Group. In Mparutsa's opinion, the bird's eye view is the most exciting part of his role as CFO. This opinion becomes easily understandable when his recent acquisitions are taken into account. Brooks has recently initiated and executed the purchase of Etana, a commercial insurer. This has become the part of the business with the biggest marigins and growth opportunity. In addition, brooks has been put in charge of the expansion plan for the rest of South Africs where he has been assigned to a pivotal role in the strategy planning and execution. Mister Mparutsa strongly believes in the need for a B-BEEE policy; "The need for the policy will only disappear once corporates truly transform." For his work as the CFO of Hollard, Mparutsa has been nominated for the CFO Awards 2015.

Starting 1 January 2016, Brooks Mparutsa will become the International Executive Director at Hollard. His role as CFO for this comany will be filled by Willie Lategan.

More about Brooks Mparutsa:
Hollard CFO Brooks Mparutsa goes international, replaced by Absa ace
Brooks Mparutsa, Hollard Insurance: success requires visio


Nationality:
South African
CFO Since: September 2007

Career:

  • 1992 - 1997: Senior Audit Manager - PricewaterhouseCoopers

  • 1997 - unknown: Director Structured Finance - South African Airways

  • unknown - 2004: Head of Finance (East Africa) - Standard Bank

  • 2004 - 2007: Executive Director Finance - Airports Company South Africa

  • 2007 - Present: CFO - Hollard Group

Education


Hollard Insurance Co Limited
Sector: Financials
Industry: Insurance



Activities:
Hollard entered the Australian market in 1999 with the same spirit and enthusiasm that make our parent company so successful. Our vision is to build an enduring business by partnering with leading insurance intermediaries and by delighting our customers with quality products and outstanding service. Our Sydney based business is APRA authorised and audited by KPMG. Hollard, through a wide range of insurance products, including Life Insurance and Income Protection distribution, Pet Insurance, Home & Contents and Motor Insurance, secures the lives and assets of over 500,000 customers. We cover thousands more through our wholesale umbrella of business and specialised products such as commercial, construction, mobile phone and personal accident insurance through our insurance intermediary partners. We are fully committed to steadily growing our presence in Australia. Hollard's innovative retail insurance brand Real Insurance launched Pay As You DriveTM, Australia's first pay by kilometre car insurance, mid 2008. This unique product has obtained industry recognition in 2008, 2009 and 2010 consecutively.

Financial Results (Rm):

2011

2012

2013

2014

Total Revenue

Total Revenue

Total Revenue

Total Revenue

4 749

6 178

7 540

7 992

2011

2012

2013

2104

Net Income

Net Income

Net Income

Net Income

659

819

1 880

935