Mutual & Federal’s Man for Africa emergence of the continent. As a division, I believe we have the opportunity to grow faster than the South African business and expect that in the next five to ten years, our contribution to the group will be significantly more than it currently is. There is an immense opportunity for insurance on the continent, considering the level of socioeconomic development, coupled with the emergence of a significant middle class. Our vision is to ensure M&F is relevant in the jurisdictions we embark on rather than trying to copy and paste solutions wholesale. A range of successful African companies like Multichoice, Dangote and MTN are good examples of how this can be done.” M&F’s charge on the continent is aided by the fact that it is a member of the Old Mutual Group which has a wider footprint and greater experience on the continent. LeRoy believes that collaboration, relationships and innovation will be key to the success of his division. As an African expatriate, he also has a good appreciation for the multicultural aspects which are essential to doing business in different markets.
“I have a passion for the continent and am keen to build the “Africa” brand wherever and whenever I can. At work, I have a ritual of wearing an Africa themed t-shirt every Friday and look forward to this becoming a trend across the company.” LeRoy is married to Lee-Ann, who is the founder of Germinate Consulting, a market research consultancy. Together they have two children; daughter Lenhle (8) and son Luhle (6).
- Keith Kundai
“There is an immense opportunity for insurance on the continent, considering the level of social and economic development, coupled with the emergence of a significant middle class. Our vision is to ensure M&F is relevant in the jurisdictions we embark on rather than trying to copy and paste solutions wholesale. A range of successful African companies like Multichoice, Dangote and MTN are good examples of how this can be done...”
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