Conduit Capital: Lourens Louw

Lourens Louw has been Financial Director of Conduit Capital since 2004.

Lourens Louw has a B.Com from the University of Stellenbosch, after which he moved to Johannesburg and qualified as a member of the SA Institute of Stockbrokers. In 1996 Lourens was appointed Financial Director and Compliance Officer of stock broking firm Irish & Menell Rosenberg (Pty) Ltd and its successors the Appleton Group. He remained with Appleton until June 2003 when he joined Conduit Capital as a Financial Manager. Lourens became the Financial Director of Conduit Capital in October 2004. He is also jointly responsible for Corporate Services comprising the Group’s finance and treasury function, as well as corporate support services.

Work
2004 – Present    Financial Director, Conduit Capital
2003 – 2004         Financial Manager, Conduit Capital
1996 – 2003         Financial Director and Compliance Officer, Irish & Menell                                               Rosenberg (Pty) Ltd (Appleton Group)

Education
1990                       B.Com, University of Stellenbosch

About Conduit Capital: Conduit Capital is a JSE listed South African holding company that owns subsidiaries involved primarily in the insurance industry. Conduit’s vision is to develop a high quality, diversified insurance group supported by a value-oriented, non-insurance investment portfolio over the long-term. The Group’s primary objective is to increase its per share intrinsic value over the long-term at an absolute rate in excess of the market in general. 

Conduit derives revenue from insurance activities and investments. The Group operates on a decentralised basis where subsidiaries have the autonomy to conduct their own business affairs within a framework determined at Group level. Subsidiaries are responsible for implementing their own strategies that collectively contribute to value creation.

Revenue for the year ended 30 June 2017 was R1 099 million. The company reported that it has nine employees.