SanlamAllianz announce joint venture in Ghana

By: 

  1. Sanlam and Allianz today announced the launch of their joint venture brand, SanlamAllianz, in Ghana. This follows the regulatory approvals the Sanlam and Allianz businesses in Ghana obtained recently to merge and rebrand to SanlamAllianz.

The SanlamAllianz joint venture, which was launched in September 2023, is the leading pan-African non-banking financial services company, which operates in 27 countries across the continent.

The CEOs of the two businesses are Tawiah Ben-Ahmed, chief executive officer/MD of SanlamAllianz Life Insurance Ghana, and Mabel Nana Nyarkoa Porbley, chief executive officer/MD of SanlamAllianz General Insurance Ghana.

SanlamAllianz’s ambition is to leverage its global and pan-African expertise, and unlock growth in Africa’s high-potential economies, in line with its purpose to empower generations to be financially confident, secure and prosperous.

This will be achieved through supporting financial inclusion through innovative, cutting-edge technology and diverse financial services that create shared value for all stakeholders. 

SanlamAllianz CEO, Mr Heinie Werth, said: “Launching the SanlamAllianz brand in Ghana marks a new milestone for us and the broader financial services market and our commitment to doing business in Ghana. It demonstrates our strategy to leverage our expertise to create leading businesses in the economies where we choose to operate and supports our intention to enable access to financial services.” 

“The joint venture will also leverage the combined economies of scale of our shareholders, Sanlam and Allianz, as well as greater distribution opportunities, shared knowledge, and existing partnerships in telecommunications and bancassurance to benefit our customers,” Mr Werth added. 

Hot this week

Uber Eats reveals Kenya’s 2025 Cravings Report

Uber Eats has unveiled the 2025 Kenya Cravings Report,...

Dr Catherine Masitsa speaks on flying the Kenyan flag high in Brazil and reuniting with Zena  

Graceful, bold and effortlessly commanding, Dr Catherine Masitsa has...

How Kenyan listeners are driving growth in the social music scene

The rise of social music in Kenya is largely...

How biometric ID systems in Africa are blocking citizens from key rights and services

Millions of citizens in Africa are unable to access...

Vodacom receives Deloitte fairness approval for $2.1b Safaricom stake acquisition

Vodacom Group Limited, the South Africa–based telecommunications giant, has provided...
spot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img