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Introducing your FIA Board of Directors

August 6, 2019

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FIA

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We would like to congratulate the newly elected and reappointed board members of the FIA. The Board composition is diverse in skills and expertise and we look forward to their input and strategic guidance over the next two years.

As per the Rules of the FIA:

Elected directors (2019-2021)
The six elected directors are elected by FIA members and serve for a period of two years. In an election year, the members are asked to nominate candidates, where after an election is held. An election process was held during the month of July 2019 – the elected directors are as follows:

Ronald King
Peter Olyott
Prabashni Naidoo
Leo Morwedi
Arnold van der Linde
Theoniel McDonald

Four regional directors (2019-2020)
A regional director is elected from amongst the chairs and vice-chairs of the branches in that region. These directors are elected on an annual basis. The current regional directors are as follows:

Nicola Iozzo (Rand region)
Wayne Axford (Central region)
Leon Swart (Coastal region)
Mercia van der Walt (Northern region)

Five executive committee chairs (2019-2020)
Chairs of the FIA’s executive committees are elected on an annual basis. The current chairs are as follows:

Greg Setzkorn (Financial Planning)
Phil Britz (Employee Benefits)
Butsi Tladi (Healthcare)
Barry Taylor (Short Term Insurance)
Marc du Plooy (Discretionary Investment Managers)

Advisory Council chair (2019-2020)
The FIA Advisory Council was held on 31 July and 1 August 2019. One of the tasks of the Advisory Council was to elect a chair & vice-chair for the next two year period. The meeting elected Riaan Geldenhuys (from the Coastal region) as Chair and Roy McLachlan (from the Rand region) as vice-chair.

A special Board meeting was held on 1 August 2019 to elect a new President and Vice-President. Peter Olyott was re-elected as President and Butsi Tladi as Vice-President for the period 2019-2021. Congratulations on your respective appointments.

A special word of thanks goes to all members who give freely of their time to serve on the FIA Board and various committees. Thank you for always going ‘above and beyond’ in serving the FIA and its members.

Subscriber Terms and Conditions

APPLICATION OF TERMS
- These terms and conditions (“Subscriber Terms”) apply to the subscription by any qualifying member of the South African Underwriting Managers Association NPC (“SAUMA”) to the services and benefits offered by FIA Services (Pty) Ltd (“FIA Services”) under the SAUMA affiliation arrangement (“Subscription”).
NATURE OF SUBSCRIPTION
- A Subscription under this arrangement:
  - does not constitute membership of FIA NPC;
  - does not confer any voting rights or governance participation in FIA NPC; and
  - is governed solely by the contractual relationship between the Subscriber and FIA Services.

ELIGIBILITY
- To qualify for the Subscription, the applicant must, at the time of application, be a current paid-up member of SAUMA.
- FIA Services will verify the applicant’s SAUMA membership status with SAUMA prior to activation, and may re-verify such status periodically.
- If a Subscriber ceases to be a paid-up member of SAUMA, the Subscription will correspondingly be terminated.
- Applicants are required to authorise FIA Services to confirm their SAUMA membership status with SAUMA as part of the application process.

SERVICES
- The Subscription entitles the Subscriber to the following benefits:
  - Complimentary access to the FIA CPD Platform;
  - Complimentary access to the FIA Insight Magazine (digital edition);
  - Advertising opportunities on FIA platforms at a discounted rate of 15% (fifteen percent) off the prevailing published rates; and
  - Invitations to attend FIA Technical Webinars annually.
- FIA Services reserves the right to update, vary or substitute the Services from time to time, provided that the overall value and nature of the benefits remain materially the same.

FEES AND PAYMENT
- The monthly subscription fee is R260.00 (two hundred and sixty rand) for up to seven registered individuals (Key Individuals and Representatives), and R36.00 (thirty-six rand) per additional registered individual thereafter, excluding VAT.
- The Subscriber shall provide FIA Services with the required details of each individual to be registered under the Subscription for the purposes of activation and billing.
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- Subscription fees are reviewed annually in March and may be adjusted with effect from 1 April.
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- The Subscriber acknowledges and agrees that all subscription fees payable under these Subscriber Terms may be collected by way of debit order, which shall be processed by the holding company, FIA NPC (The Financial Intermediary Association of South Africa), on behalf of FIA Services. Payment to FIA NPC shall be deemed to constitute valid and sufficient discharge of the Subscriber’s payment obligations to FIA Services under these Subscriber Terms.

ONBOARDING
- Onboarding will be conducted as a Subscription with FIA Services under the SAUMA affiliation arrangement.
- Onboarding will not confer FIA NPC membership status or any associated rights.
- Onboarding is conditional on confirmation of the Subscriber’s current SAUMA membership at the time of application

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- By subscribing, the Subscriber authorises FIA Services to confirm their SAUMA membership status with SAUMA and to process personal information for the purposes of fulfilling the Subscription.

TERMINATION
- The Subscriber may terminate the Subscription by giving FIA Services one calendar month’s written notice.
- FIA Services may terminate the Subscription on one calendar month’s written notice, or immediately if the Subscriber breaches these Subscriber Terms and fails to remedy such breach within 14 (fourteen) days of receiving written notice.
- Termination of the SAUMA–FIA Services affiliation agreement shall not automatically terminate these Subscriber Terms.
- Termination by the Subscriber shall not relieve the Subscriber of liability for any subscription fees accrued up to the effective date of termination.
- FIA Services may suspend or terminate the Subscription with immediate effect in the event of non-payment of fees by the Subscriber.

GENERAL
- These Subscriber Terms are governed by the laws of the Republic of South Africa.
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