Money Business

Alexander Forbes, one of South Africa’s largest financial, risk and insurance and  investment solutions companies are setting the bar high in the years to come. Forbes will be aiming to double their earnings in the next 5 years as they strive to further transform and grow their core business ventures.

Alexander Forbes CEO Edward Kieswetter said that:

“Our goal is to double our earnings within five years through our strategic focus that is based on a single-minded commitment to providing good client value, expanding the Alexander Forbes brand, investing and innovating for growth and extending our sales capacity,” said Kieswetter, who took up his role in January 2010.

Kieswetter added that he has board approval, subject to achieving certain milestones, to spend an initial R235m to kickstart his strategic campaign and that a further R430m has also been earmarked for the drive. Clients of the company are expected to benefit through greater product innovation, improved technology enablement and an overall improvement in service.

“We also intend to hire the best talent in the industry and to drive further transformation. However, we are realistic about the burden of history that black people carry in this country. We will ensure the right people with the requisite skills are placed in jobs to create an environment where they are best placed to thrive,” he said.

“In addition, we want to create an environment that nurtures the development of potential.”

Kieswetter also noted that he will instil a greater sales and service culture at Alexander Forbes.

“In line with our goal to grow in the retail space, we will employ more people to service clients to provide benefit to them from the enormous intellectual capital within Alexander Forbes.”

Alexander Forbes has its primary operations in South Africa and the United Kingdom and also operates in 11 countries in sub-Saharan Africa.

Fin24.com

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.