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Professional Provident Society switches jockeys, promises more cover for graduate professionals

Professional Provident Society switches jockeys, promises more cover for graduate professionals

An experienced banker who has worked for three of the four large commercial banks in his career, is the new Chief Executive of PPS Insurance Namibia.

Johan van der Westhuizen, former Head of FNB Business at FNB Namibia, announced early this week he has taken over the reins from PPS’ much-respected previous Chief Executive, Adri Vermeulen.

In a letter addressed to existing PPS members, Van der Westhuizen said it is an honour to take the reins of the company at such an important juncture in its history.

Van der Westhuizen, a Namibian by birth, first worked for Standard Bank in the Western Cape before moving back to Namibia, working for Standard Bank as Head of the Corporate and Commercial division.

He then joined Bank Windhoek where he was instrumental in starting their Corporate Banking division.

In 2015 he moved to FNB Namibia where he headed the Business division.

“PPS didn’t have to do too much convincing because as a PPS member since 1995 when I was Student Business Manager of Standard Bank in Stellenbosch, I already subscribed to their core founding principles of mutuality and exclusivity,’ he wrote in his first official communique to the members of his new constituency.

“The real excitement for me centres on the development that’s about to take place in March 2019. We will be launching more products into the Namibian market specifically in the areas of death, disability and critical illness. These products will also offer profit sharing and will be aimed at the graduate professional,” said Van der Westhuizen.


 

About The Author

Daniel Steinmann

Brief CV of Daniel Steinmann. Born 24 February 1961, Johannesburg. Educated at the University of Pretoria: BA, BA(hons), BD. Postgraduate degrees are in Philosophy and Divinity. Editor of the Namibia Economist since 1991. Daniel Steinmann has steered the Economist as editor for the past 29 years. The Economist started as a monthly free-sheet, then moved to a weekly paper edition (1996 to 2016), and on 01 December 2016 to a daily digital newspaper at www.economist.com.na. It is the first Namibian newspaper to go fully digital. Daniel Steinmann is an authority on macro-economics having established a sound record of budget analysis, strategic planning and assessing the impact of policy formulation. For eight years, he hosted a weekly talk-show on NBC Radio, explaining complex economic concepts to a lay audience in a relaxed, conversational manner. He was a founding member of the Editors' Forum of Namibia. Over the years, he has mentored hundreds of journalism students as interns and as young professional journalists. He regularly helps economics students, both graduate and post-graduate, to prepare for examinations and moderator reviews. He is the Namibian respondent for the World Economic Survey conducted every quarter for the Ifo Center for Business Cycle Analysis and Surveys at the University of Munich in Germany. He is frequently consulted by NGOs and international analysts on local economic trends and developments. Send comments to daniel@economist.com.na