SOUTH AFRICA – Alexander Forbes Investments (AFI) has announced the appointment of Ann Leepile as the new chief executive effective from February 1, 2022.
“Leepile is ideally placed to lead the next phase of growth for Alexander Forbes Investments, given her deep technical expertise, understanding of the market and leadership track record. She will join the Alexander Forbes Group Executive Committee to ensure that investments continue to play a key role in the execution of the group’s strategy,” the company said on January 10, 2022.
AFI’s multi-management capability is the Alexander Forbes Group’s primary investment vehicle.
The investments business turns 25 years old this year and has consistently delivered an exceptional performance to clients over this period due to its independence from asset managers, the rigour of its investment process and the expertise of its investment professionals.
Alexander Forbes Investments currently is entrusted with more than US$27 billion of clients’ savings.
Leepile was previously global manager of research and ultimately deputy chief investment officer of AFI (formerly Investment Solutions), which provided her with direct insight into the dynamics of the business and its clients.
She joins Alexander Forbes after heading Absa asset management for six years during which she grew the business to one of the largest asset managers in South Africa.
With 20 years experience in the investments industry, she is a chartered financial analyst (CFA) charter holder and has attended the executive women in leadership programme of the Stanford Graduate School of Business.
She will join the Alexander Forbes Group’s executive committee to ensure that investments continue to play a key role in the execution of the group’s strategy.
Alexander Forbes’s chief executive Dawie de Villiers said, “Ann’s appointment sharpens our focus to deliver on the immense potential that now exists within Alexander Forbes Investments to grow exponentially into the future, as we leverage our transformative investment capabilities, institutional scale and market-leading membership base.”
The Alexander Forbes Investments executive team supporting Leepile will consist of CIO Gyongyi King, executive chief economist Isaah Mhlanga, head of investment products Donovan McKay, head of investment operations Maria da Silva and CFO Lisa Stott.
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