10 Facts About Sanlam

Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa.

Sanlam showed a small profit at the end of its first year, declared a bonus, and continued to grow consistently from there.

Santam remained the controlling shareholder until 1954 when Sanlam became an independent mutual life assurance company, as well as the largest single shareholder in Santam.

In 1998 Sanlam demutualised, listing on the Johannesburg Stock Exchange Ltd and the Namibian Stock Exchange.

Today, Sanlam is a diversified financial services provider with an extensive product offering catering for all market segments.

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In December 2021, The Sanlam Group entered into discussions with Allianz for the acquisition of the entire group in Africa except South Africa.

Sanlam has since 1993 contributed to broad-based black economic empowerment through the group's partnership with Ubuntu-Botho Investments.

Corporate office of the Sanlam Group is responsible for centralised functions that include strategic direction, group financial and risk management, group marketing and communications, group human resources and information technology, group sustainability management, corporate social investment and general group services.

Sanlam Emerging Markets cluster is responsible for Sanlam's ?nancial business services in emerging markets outside South Africa:.

In November 2015 Sanlam announced that the group had agreed to buy a 30 percent stake in Morocco-based Saham Finances, which operates in 26 countries predominantly across Africa with a presence in the Middle East.