Leadership Overview
Momentum has 10 executives leading key functions including corporate strategy, structured products, information technology, marketing, operations, financial management, and medical oversight.
Focused on delivering comprehensive financial security, Momentum provides essential healthcare, home, auto, and life insurance solutions to empower clients across South Africa.
Focused on delivering comprehensive financial security, Momentum provides essential healthcare, home, auto, and life insurance solutions to empower clients across South Africa.
Leadership Roles at Momentum
Aldert Brink - Chief Executive Officer
Aldert Brink, the Chief Executive Officer at Momentum, directs the overarching corporate strategy and long-term vision for the insurance group. Brink manages the alignment of diverse business units, ensuring that healthcare, home, auto, and life insurance offerings meet evolving market demands. By coordinating with the Board, the Chief Executive Officer maintains fiscal discipline while driving expansion across the South African insurance landscape. Aldert Brink prioritizes sustainable growth through rigorous risk assessment and customer-centric product development. This leadership role involves constant evaluation of competitive positioning to ensure the company remains a market leader. Through strategic oversight of all operational divisions, the Chief Executive Officer fosters a culture of excellence and innovation. Ultimately, Brink secures the financial stability of the organization while delivering consistent value to policyholders and stakeholders alike.
Fareeya Adam - Chief Executive Officer, Structured Products & Annuities
Fareeya Adam, the Chief Executive Officer, Structured Products & Annuities at Momentum, architects complex financial instruments designed to provide long-term security for clients. Adam oversees the development of specialized annuity portfolios, ensuring that these products align with the broader insurance mission of the company. By analyzing market trends and interest rate fluctuations, the Chief Executive Officer, Structured Products & Annuities optimizes investment returns for policyholders. Fareeya Adam collaborates with actuarial teams to refine product pricing and risk mitigation strategies. This leadership role requires deep technical expertise in financial modeling and regulatory compliance within the insurance sector. Through the management of structured assets, the Chief Executive Officer, Structured Products & Annuities drives revenue growth and enhances the company's reputation for financial reliability. Adam consistently delivers innovative solutions that address the unique retirement and investment needs of the diverse client base.
Niloshni Govender - Chief Financial Officer
Niloshni Govender, the Chief Financial Officer at Momentum, directs the financial planning, reporting, and capital management strategies for the entire insurance group. Govender manages the balance sheet, ensuring that the company maintains sufficient reserves to meet all policyholder obligations. By overseeing budgeting and financial forecasting, the Chief Financial Officer provides the necessary insights for strategic decision-making at the executive level. Niloshni Govender collaborates with the Board to ensure regulatory compliance and transparent financial reporting. This leadership role involves managing investor relations and optimizing the capital structure to support sustainable growth. Through rigorous financial oversight, the Chief Financial Officer mitigates fiscal risks and enhances the overall profitability of the organization. Govender consistently drives financial discipline across all departments, ensuring that the company remains a stable and reliable partner for clients seeking insurance protection.
Korousha Chetty - Chief Financial Officer, Institutional Asset Management
Korousha Chetty, the Chief Financial Officer, Institutional Asset Management at Momentum, directs the financial operations and reporting for the institutional investment division. Chetty manages the fiscal health of large-scale asset portfolios, ensuring that institutional clients receive accurate and timely financial data. By overseeing the compliance and risk management frameworks for institutional assets, the Chief Financial Officer, Institutional Asset Management protects the company's reputation and financial standing. Korousha Chetty collaborates with institutional partners to tailor financial reporting to specific investment mandates. This leadership role involves managing complex accounting processes and ensuring that all institutional activities align with the company's broader financial strategy. Through the precise management of institutional funds, the Chief Financial Officer, Institutional Asset Management drives revenue stability and supports the growth of the asset management business. Chetty consistently delivers high-level financial oversight to maintain trust with institutional stakeholders.
Praleen Naidu - Chief Operating Officer
Praleen Naidu, the Chief Operating Officer at Momentum, directs the internal processes and service delivery mechanisms that define the company's operational efficiency. Naidu manages the day-to-day functions of the insurance business, ensuring that claims processing, customer support, and policy administration operate at peak performance. By optimizing workflows and resource allocation, the Chief Operating Officer reduces operational costs while improving the speed of service for policyholders. Praleen Naidu collaborates with department heads to implement lean management practices across all regional operations. This leadership role involves monitoring key performance indicators to identify bottlenecks and drive continuous improvement. Through the oversight of operational logistics, the Chief Operating Officer ensures that the company maintains high standards of service quality. Naidu consistently aligns operational activities with the strategic objectives of the organization to support long-term growth and customer satisfaction.
Refilwe Moroka - Chief Information Officer
Refilwe Moroka, the Chief Information Officer at Momentum, directs the digital transformation and technological infrastructure supporting all insurance operations. Moroka manages the integration of advanced data analytics to improve underwriting accuracy and customer service efficiency. By overseeing the cybersecurity framework, the Chief Information Officer protects sensitive policyholder information across all digital platforms. Refilwe Moroka collaborates with other C-suite leaders to implement scalable software solutions that streamline claims processing and policy management. This leadership role involves modernizing legacy systems to ensure seamless interaction between the company and its clients. Through the deployment of cutting-edge technology, the Chief Information Officer drives operational agility and supports the company's competitive edge in the insurance market. Moroka ensures that all technological investments directly contribute to enhanced service delivery and long-term digital resilience for the entire organization.
Damian McHugh - Chief Marketing Officer
Damian McHugh, the Chief Marketing Officer at Momentum, drives brand visibility and customer acquisition strategies across the healthcare, home, auto, and life insurance segments. McHugh manages multi-channel campaigns that communicate the value proposition of the company to a broad South African audience. By analyzing consumer behavior data, the Chief Marketing Officer refines messaging to increase market penetration and brand loyalty. Damian McHugh collaborates with product teams to ensure that marketing initiatives accurately reflect the benefits of new insurance offerings. This leadership role involves overseeing digital marketing, public relations, and corporate communications to maintain a strong market presence. Through the execution of targeted outreach programs, the Chief Marketing Officer supports revenue growth and strengthens the company's reputation. McHugh consistently aligns marketing efforts with the overarching business goals to ensure sustained engagement with existing and prospective policyholders.
Norman Mackechnie - Chief Information Officer & Portfolio Manager
Norman Mackechnie, the Chief Information Officer & Portfolio Manager at Momentum, directs the intersection of technological innovation and investment portfolio management. Mackechnie manages the digital tools required for real-time asset tracking and performance analysis within the insurance investment division. By overseeing the integration of algorithmic trading platforms, the Chief Information Officer & Portfolio Manager enhances the efficiency of investment decisions. Norman Mackechnie collaborates with financial analysts to ensure that data-driven insights inform the management of diverse asset portfolios. This leadership role involves balancing the technical requirements of IT systems with the strategic needs of portfolio growth. Through the application of advanced data science, the Chief Information Officer & Portfolio Manager drives superior investment outcomes for the company. Mackechnie ensures that all technological infrastructure supports the complex demands of modern asset management and insurance financial stability.
Ndibulele Mqoboli - Chief Information Officer, Multiply
Ndibulele Mqoboli, the Chief Information Officer, Multiply at Momentum, directs the technological development of the Multiply wellness and rewards platform. Mqoboli manages the software architecture that enables personalized health tracking and incentive programs for policyholders. By overseeing the integration of mobile applications and user interfaces, the Chief Information Officer, Multiply ensures a seamless digital experience for participants. Ndibulele Mqoboli collaborates with health and wellness experts to translate program requirements into functional digital features. This leadership role involves maintaining the security and scalability of the platform to support a growing user base. Through the continuous improvement of the Multiply digital ecosystem, the Chief Information Officer, Multiply drives customer engagement and promotes healthier lifestyles among the client base. Mqoboli ensures that the technology behind the rewards program remains innovative, reliable, and highly responsive to user needs.
Bernice Angermund - Chief Medical Officer
Bernice Angermund, the Chief Medical Officer at Momentum, directs the clinical strategy and medical underwriting standards for the healthcare insurance division. Angermund manages the relationships with healthcare providers and ensures that medical policies align with current clinical best practices. By overseeing the evaluation of health risks, the Chief Medical Officer maintains the sustainability of the healthcare insurance portfolio. Bernice Angermund collaborates with product teams to design wellness programs that improve health outcomes for policyholders. This leadership role involves interpreting medical data to inform pricing and coverage decisions. Through the application of clinical expertise, the Chief Medical Officer ensures that the company provides high-quality, accessible healthcare solutions. Angermund consistently monitors medical trends to adapt insurance offerings to the changing needs of the population, ultimately driving better health results and operational efficiency for the healthcare business.
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