Ronnie De Vrye

Non-executive director

Following the completion of his studies and articles, Ronnie began his career in Corporate Banking, where he was involved in structuring finance packages for corporate clients. This role evolved into managing a full-scale client portfolio, providing banking, finance, and credit-related services.

He was subsequently appointed as a Regional Manager in Corporate Banking. During this period, further corporate development and company mergers enabled him to gain valuable experience in banking regulatory matters, including asset and liability management.

Ronnie was later appointed Chief Financial Officer of a major portfolio within the Absa Group, covering bancassurance operations, including life and non-life insurance, retirement consulting and administration, trust activities, and offshore businesses. The offshore business expanded to include the establishment of an Offshore Insurance Captive in the Isle of Man, as well as the launch of the first corporate entity in Lloyd’s of London. This led to his appointment to the boards of both offshore businesses and involved regular international travel and overseas training.

He opted for early retirement to pursue a career as an independent director of companies within the insurance and investment industries and he serves as an independent trustee on various retail retirement funds and has completed numerous ASISA programmes focused on the retirement industry.

Ronnie currently serves as an Independent Non-Executive Director on the board of JSE-listed Nictus Limited. He is also Chair of the Audit and Risk Committee and a member of the Nictus Group Remuneration and Nomination Committee