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Allianz and Euler Hermes strengthen Africa team







 Johannesburg – September 16, 2020Allianz Global Corporate & Specialty (AGCS) appointed Asheen Maikoo and Piet Schutte as Senior Risk Engineers on September 1, 2020, to continue to provide world-class risk consulting services to help businesses in Africa manage, prevent, and reduce risks. Asheen brings over 11 years of experience in power generation, Risk Based Inspection (RBI), risk analysis, maintenance, and operation and performance improvement of power plant systems.

He holds a Bachelor of Science in Engineering (Chemical Engineering) from the University of Kwa-Zulu Natal in South Africa. He is also an accredited Risk Examiner and Risk Professional with Steinbeis University in Berlin.

Piet has over nine years of experience in engineering and specializes in fire protection. He has a Bachelor of Engineering (Mechanical Engineering) from North West University in South Africa and has accreditations with the University of Greenwich in London, the Automatic Sprinkler Inspection Bureau as well as the South African Qualification & Certification Committee for the fire industry.

“I welcome both Asheen and Piet to Allianz. Asheen’s knowledge of power generation and RBI will be valuable to our team and AGCS’ plans of growing our engineering portfolio’s profitability across the continent. Piet’s deep technical background within the fire protection discipline will supplement the high level of technical capabilities of our existing team and the risk management services offered to our clients,” says Allianz Risk Consultant Head in Africa Deon Venter.

Euler Hermes South Africa appointed Eternity Mashilo as a Financial Controller on September 1, 2020. She has over five years’ experience in the South African insurance industry. Eternity holds a Bachelor of Commerce in Accounting with the University of Pretoria and is a qualified Chartered Accountant. Stephane Rutili, Trade Credit Insurance Country Manager and CEO at Euler Hermes South Africa says: “We are delighted to have Eternity join the Euler Hermes team in Johannesburg. I wish her great success in her new role as a Financial Controller.”

Source: Allianz Global Corporate & Specialty (AGCS) Africa
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World Wide Equity Fund:

The fund manager of the World Wide Equity Fund is mandated to invest between 40% and 60% of the portfolio in the South African market and the remainder in overseas assets. The fund comprises investment mainly in equities, but can also include fixed-interest investments and cash. The share component of the fund is a mixture of equities listed on the Johannesburg Securities Exchange and overseas stock exchanges.
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