The board of directors of Santam Ltd. announced the appointment of Wikus Olivier to succeed Hennie Nel as its Chief Financial Officer, with effect from 01 July 2023. Wikus is a chartered accountant by profession who holds a B.Acc (Hons) Cum Laude degree, which he obtained from the University of Stellenbosch. His expertise includes accounting, finance, financial markets and investments as well as general business and risk management.

Prior to joining Santam as the Deputy Chief Financial Officer on 01 January 2023, Wikus fulfilled various senior executive roles within the Sanlam Group which include among others his appointment as Acting Chief Financial Officer of Sanlam Limited and Sanlam Life Insurance Limited in 2018, whereafter he assumed the role as Sanlam's Group Executive: Corporate Strategy. His new appointment as Santam's Finance Director and Chief Financial Officer was approved by the Santam Board and the Prudential Authority (PA).