Hillie Meyer new MMI CEO

Former Momentum MD Hillie Meyer has replaced Nicolaas Kruger as CEO of MMI

Hillie Meyer (pictured), a former Momentum MD, has taken over the chief executive role at MMI from Nicolaas Kruger, who said he was retiring to spend more time with his family and focus on personal interests. Meyer’s three-year contract begins on 15 Februry.

Another current executive appointment at MMI is that of Jeanette Marais, previously an executive director at Allan Gray, who will be joining Mary Vilakazi as a second deputy CEO as of 1 March. According to MMI, while Vilakazi will focus on operationally integrating the group’s two retail operations – Momentum and Metropolitan – Marais will be responsible for Momentum Investments.