Nominee CFO Awards 2015, Casper Troskie, CFO Liberty

Casper Troskie is nominated for the CFO Awards 2015. The factsheet below together with his interview with the panel of judges will be used to determine the CFO Award winners 2015.

Casper Troskie
Liberty Holdings
Financial Director



Nationality:
South African
Age: 50
CFO Since: 2009

Career:

  • 2010 - present: Financial Director - Liberty

  • 2009 - 2010: Chief financial Officer - standard bank Group Ltd

  • unknown: Partner - Deloitte

Education:

  • Cape Town University (B.Com)

Additional Information
Mr. Casper G. Troskie, B.Com. (Hons) (Cape Town), CA (SA), served as the Chief Financial Officer of Standard Bank Group Limited since 2009. Mr. Troskie serves as Executive Director of Finance & Risk at Liberty Holdings Ltd. He served as a Financial Director of Liberty Holdings Ltd., since October 12, 2010. He served as the Chief Financial Officer of Standard Bank of South Africa Limited. He has been a Director of Liberty Holdings Ltd. since October 12, 2010. Mr. Troskie holds a B. Com from Cape Town university and is a Chartered Accountant from The South African Institute of Chartered Accountants.

Casper Troskie, Liberty: communication is key for modern CFO
"It is very important to understand how investors see the business, because if you don't listen to them, you might miss important trends," says Casper Troskie, Financial Director at financial services company Liberty. In an exclusive interview with CFO South Africa Troskie shares valuable advice for ambitious Chartered Accountants, recalls his proudest moments and elaborates on the culture change that Liberty has embarked on. "It has been a great journey, but I see the task only as a third of the way done." Aligning shareholder and management interests is an area where Liberty has been criticized in the past, and the focus on communication is something that still needs to be fully embedded, explains the former Standard Bank CFO. "Traditionally, we have been too inward looking. Helping to change that is one of the things I am most proud of in my career. We have achieved a better level of governance and much better acceptance in the market since we initiated improvements in terms of disclosure and communication," says Troskie, who joined Liberty in 2010.
/article/casper-troskie-liberty-communicatio... - March 3rd 2015

Liberty Holdings Limited
employees: 10115
Listed: JSE
Sector: Financials
Industry: Insurance

Activities:
Liberty Holdings Limited, a financial services group, provides a range of long-term insurance products and services to the retail and corporate markets in the African continent. It offers retail insurance products, including the development, marketing, distribution, servicing, and administration of insurance risk and investment products to individuals; and financial security and wealth creation products, which comprise pension, provident, investment, and risk solutions to meet the retirement and risk funding needs of company employees. The company also provides health solutions consisting of administration, technology, and insurance services; and manages risks arising from financial market exposures. In addition, it offers wealth management and investment solutions to individuals, retirement vehicles, and institutional customers; and develops and manages direct property assets and other real estate investments in the retail, commercial, and hospitality sectors, as well as provides bancassurance. The company was founded in 1957 and is headquartered in Johannesburg, South Africa.

Financial Results (Rm):

2011

2012

2013

2014

Total Revenue

Total Revenue

Total Revenue

Total Revenue

51366

48718

77749

85273

2011

2012

2013

2104

Net Income

Net Income

Net Income

Net Income

2393

2673

3699

3908

Additional Information

Liberty Holdings likely to close insurance deal in Nigeria by month's end
South Africa-based insurer Liberty Holdings Ltd. has said that it is likely to close an insurance deal in Nigeria by Jan. 31, Moneyweb.co.za reports. The insurer had earlier said that it was in talks with asset management firms and insurers in the country. "We have an opportunity we hope to conclude at the end of the month," Liberty Holdings chief executive Thabo Dloti said. We are considering both Nigeria and Ghana "as an entry point in to West Africa," said Mr. Dloti.
http://www.businessinsurance.com/article/20150123/NEWS09/150129923 - January 23rd 2015

Liberty on track to diversify earnings, says CEO
LIBERTY's full-year results reflect the insurer's efforts to diversify its earnings away from a largely insurance-based income stream to achieve growth, CEO Thabo Dloti said.
Liberty wants to increase the contribution of what it calls "group arrangements" and asset management to revenue, Mr Dloti told a shareholders' briefing in Johannesburg on Thursday on the release of its full-year results to December.
Growth in the rest of Africa is also expected to contribute to diversifying earnings.
The group arrangements business — a collection of Liberty Corporate, Liberty Health and the African insurance business — made a R38m loss in 2011.
In 2014, this had turned around to a R199m contribution to operating earnings, indicating Liberty's diversification strategy is on track.
http://www.bdlive.co.za/business/financial/2015/02/26/liberty-on-track-to-diversify-earnings-says-ceo - February 26th 2015

Meet up with the nominees and other top CFOs at the CFO Awards 2015

On May 14, 2015 the annual CFO Awards will be held at the beautiful Summer Place in Johannesburg. This prestigious event recognises CFOs of listed companies, large corporations, parastatals and government institutions and awards them for outstanding performance and leadership. Chaired by Vusi Thembekwayo, over 250 CFOs share knowledge, extend their network and boost business.

CFO South Africa invites you to buy a table at the CFO Awards, attend the CFO Conference, join the panel of judges and become our partner. Places are limited, so book now to avoid disappointment. For more information visitCFOAwards.co.za or email Jurrien Morsch at [email protected]