Mary Vilakazi new MMI deputy CEO

MMI has promoted Mary Vilakazi (pictured), nominated for the 2017 CFO of the Year Awards, to the role of deputy CEO. In her new role, Mary will be responsible for driving the effective implementation of MMI’s plans.

Nicolaas Kruger, MMI Group CEO, said:

"Mary has a proven track record in her role as group finance director over the past two years. We are very excited about Mary's new role and are confident that she will ensure excellence in the implementation of our plans. To assist Mary with these focus areas, we have created two key positions that will report to her, namely a Group CFO and Group head of operations".

The Group CFO, Risto Ketola, will be responsible for Investor Relations, Business Performance, Group Reporting, Finance Group-wide Services, Mergers and Acquisitions and Balance Sheet Management (BSM). Ketola joined MMI in 2016 as an Investor Relations and Business Performance Executive. Before this, he was a top-rated insurance analyst in the industry.

The Group head of operations, Ashlene van der Colff, will be responsible for ensuring that MMI operations and work practices are robust, effective and efficient in delivering to the business across the value chain of operations. Van der Colff joined MMI as the Chief Internal Audit Executive in 2016 with a specific mandate to ensure that internal audit operates in a way that continues to add value to the business and the MMI Audit Committee.