Emerald Risk Transfer appoints new CFO and CEO


The Santam subsidiary has promoted Carla Jordan to CEO, with Nonte Nzimakwe taking over as CFO.

Emerald Risk Transfer, a wholly-owned subsidiary of Santam, has announced the promotion of its CFO, Carla Jordan, to CEO with effect from March. She will be replacing Bernie Ray, who has resigned as CEO.

Stepping into the CFO role will be Nonte Nzimakwe, who has been with Emerald since 2016. She has also recently been appointed as the treasurer of the Insurance Institute of Gauteng.

Carla has over 20 years’ experience in the short-term insurance industry in South Africa and has worked at Emerald for 14 of those years. She is an accountant by profession, and has recently completed her MBA.

She is a past president of the Insurance Institute of Gauteng and is also a co-founder of the Gauteng Women in Insurance.

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