Mark your calendars for the 27th of September 2024, as our Momentum Group Annual Results 2024 take place. Join us for the LinkedIn Live stream of our results, presented by our leaders. Discover our performance, key achievements, and future outlook! #SuccessTogether
Momentum Group Limited
Financial Services
Centurion, Gauteng 167,458 followers
We build and protect our clients' financial dreams.
About us
Momentum Group Limited (Momentum Group), previously Momentum Metropolitan Holdings Limited, is a significant player in South Africa's life insurance and integrated financial services sectors. We are a proud Level 1 B-BBEE South African-based group dedicated to building and protecting our clients' financial dreams. Our client-facing retail and specialist brands, including renowned names such as Momentum, Metropolitan, Guardrisk, and Eris Properties, play a pivotal role in fulfilling this purpose. Our federated model emphasises empowerment, accountability, and continuous engagement with all our stakeholders. Designed in close consultation with leaders across the group, this operating model aims to unleash each business unit's inherent energy and commercial drive through our collaborative federated approach. We are distinguished by our ethos as a business with heart, ensuring genuine care and integrity in every interaction with clients, stakeholders, and communities stakeholders, and communities.
- Website
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www.momentumgroupltd.co.za
External link for Momentum Group Limited
- Industry
- Financial Services
- Company size
- 10,001+ employees
- Headquarters
- Centurion, Gauteng
- Type
- Public Company
Locations
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Primary
268 West Avenue
Centurion, Gauteng 0157, ZA
Employees at Momentum Group Limited
Updates
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Momentum Group Limited reposted this
A lot goes into being voted No.1 for Service for many years. Introducing our new TV ad: No mahem'hem, just service. Pure passion, teamwork and a drive for excellence, all to stay #Number1ForOurNumber1s #TogetherWeCan
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"Digital transformation is a crucial driver for an organisation to succeed, and no longer a nice-to-have." – Dr Denisha Jairam-Owthar At #DigiFest, Dr Denisha Jairam-Owthar brought to light the growing importance of digital transformation. In today’s landscape, adapting to and embracing digital initiatives isn’t just about keeping up—it’s about staying ahead. Her insights into how digital tools can foster resilience and create new opportunities are driving our vision towards leading impACTful innovation. #MomentumGroupInnovates
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Our Group Digital and Technology Officer, Ravikumaran Govender, shared invaluable insights from his previous experience in launching a new digital product and discusses the challenges faced in navigating the digital world and evolving customer needs. But with each challenge came lessons that shaped his approach to innovation. Looking ahead, Ravi envisions a future where digital capabilities empower us to bring financial advice straight into the pockets of South Africans, making expert guidance more accessible than ever! #MomentumGroupInnovates #SuccessTogether
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We open the doors to our annual celebration of all things tech and digital! This year, we’re diving into the incredible ways #MomentumGroupInnovates to make a real impACT in a digital world. Expect insightful talks, groundbreaking demos, and hands-on experiences that highlight how we’re using technology to drive impactful change and transformation. #DigiFest
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We are pleased to announce our latest financial achievements, delivered by our Group Finance Director, Risto Ketola: • Headline earnings: +27% • Dividend share: +4% • Normalised headline earnings per share: +32% These results reflect our dedication to driving growth, enhancing efficiency, and creating value for our stakeholders. #MomentumGroupResults
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As a Group, we successfully navigated the recent change in the two-pot retirement system, with 5 of our businesses impacted. Here are some key highlights: 🔵We were ready to serve our clients from day 1, with Metropolitan making payments on the first business day. 🔴We received approximately 150,000 withdrawal requests, totaling almost R2.5 billion by September 25th, with an average withdrawal amount of R17,000. 🔵Our digital innovations shone, with over 80% of interactions being digital. 🔴 Our financial advisers demonstrated their value, with clients having lower withdrawal rates. We're proud of our teams' efforts and commitment to supporting our clients during this transition. #MomentumGroupResults
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We are pleased to report that our health insurance business in India has achieved a market share of 12.5%, solidifying our position as the fastest-growing player in the market. #MomentumGroupResults
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Our Group CEO, Jeanette Marais announces that Momentum Group delivered strong normalised headline earnings (NHE) of R4.4 billion for the year ended 30 June 2024, up 27% on the prior year, with operating profit increasing by 31% to R3.6 billion. #MomentumGroupResults
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Join us for a front-row seat to our story to #SuccessTogether! Remember to join our annual results presentation, streaming live today at 11:00 online on our Linkedin live stream. Stay on #MomentumGroupResults for all the updates. 🖇To stream our results, click here: https://lnkd.in/dAWSWvsN