Black managers in investment, life insurers far below targets - but ownership exceeds goals | Fin24

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Life insurers and asset management firms have surpassed their black ownership targets. But they are critically below where they should be on black management and employment equity. | Fin24

Life insurers and asset management firms' BEE scores have improved materially since they started reporting on their transformation targets in 2018.

However, they are still a long way from achieving their management control and employment equity goals, and it doesn't help that they spend far too little than they should on skills development for their black employees.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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