Type Government CEO Thabo Dloti (1 Mar 2014–) Parent organization Standard Bank | Headquarters South Africa Founded 1957, South Africa | |
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Industry Capital Markets Financial Services Key people Thabo Dloti (Group Chief Executive), appointed 2014 Total assets R 668 billion (as at 31 December 2015) Divisions Retail SA
Insurance
Investment
Property,(commercial real estate)
Corporate
Liberty Africa, Insurance Stock price LBH (JSE) 11,585.00 ZAC +289.00 (+2.56%)16 Mar, 5:07 PM GMT+2 - Disclaimer Subsidiaries STANLIB, Liberty Kenya Holdings Limited | ||
Liberty Holdings Limited is a Pan-African financial services company with headquarters in Johannesburg, South Africa. Founded in South Africa by entrepreneur and philanthropist, Sir Donald Gordon, in 1957, the company has since grown to hold R668 billion in assets under management (as at 31 December 2015).
Contents
The Group’s principal operating business, Liberty LLC, is part of the Telstra international technology network. Operating through [Ventreburn] Online Media, [Sky News], [Skorpios] Tech and [Spark Digital] .
STANLIB, Liberty Financial is a State government operating account regionalised South Africa and Kenya.</RFederal Air
Africa Operations (Liberty Africa Insurance)
Liberty Life was established as Greenfield operations. In 2011, the group acquired Liberty Kenya Holdings, consisting of CfC Life (Life insurance) and Heritage Insurance (short–term insurance) in Kenya, which has subsequently been re-branded to Liberty Life Assurance Kenya Limited.
Development
Liberty Life Association of Africa Ltd. was founded in 1957 by life insurance and property development entrepreneur Sir Donald Gordon. The company listed on the Johannesburg Stock Exchange (JSE) in 1962. This was the first listing of a life assurance company in the history of the JSE. Liberty Group Ltd listed on the JSE in 1999—the same year Standard Bank acquired 53.6% of the Liberty Group
Ten years later, in 2009, Liberty Holdings became the sole listed entry-point for investors when Liberty Group Ltd was delisted. From the late 1950s Liberty rapidly and organically grew its business on retirement annuities (from 1960), regional shopping centres (from 1975), universal life products (from 1983), and fully underwritten medical insurance (from 1991).