ETHICS AND CORPORATE
The PPS mission and mandate makes us an irreplaceable
defender of the interests of the professionals in
South Africa and Namibia. As such, the Group complies
with all relevant legislation and regulation and we have
updated our corporate governance practices to align
with the King IV™ Code principles.
In terms of the Companies Act and the King IV™
Code, PPS is governed through a unitary structure
that includes a main board, subsidiary boards and
their subcommittees. All boards and the committees
operate within the parameters of approved charters
and terms of reference, which are reviewed periodically.
Furthermore, all boards and committees are supported
by the company secretary and a well-resourced
Considering the major strides PPS made in 2018, on
behalf of our trustees and PPS entities, I thank Izak Smit,
our CEO, and his executive team, for continuing to
prepare and position PPS as the preferred provider
of premium risk, financial and investment products to
professionals in South Africa, Namibia and Australia.
Izak and the team can lead, but would achieve little
without the proactive support of PPS people across
the Group. Thank you, one and all.
PPS would not exist at all without the active subscription
and support of our members, who motivate us to keep
on aiming higher. Thank you for entrusting us with your
Last and by no means least, I extend my gratitude to my
predecessor in this chair, Ebi Moolla, for his guidance,
Dr Mannie Kruger, my deputy, and our fellow trustees
who are a fount of wise counsel. I must also thank
my family for their wholehearted support in this new
journey to sustain professional excellence.
Dr Sybil Seoka
2 April 2019