Sanlam to seek shareholders' approval on name change

Sanlam Kenya PLC CEO Patrick Tumbo says across Africa, Sanlam and Allianz are leveraging their mutual strengths to provide clients with innovative insurance solutions. [File, Standard]

Financial services company Sanlam Kenya will hold a virtual extraordinary general meeting (EGM) on October 9 to seek shareholder approval for a formal name change to Sanlam Allianz Holdings (Kenya) PLC.

The proposed name change is part of a larger, continental business growth strategy following the newly formed joint venture between Sanlam and Allianz, called SanlamAllianz. This partnership combines the two companies' operations across Africa to form the continent's largest pan-African non-banking financial services entity.