Economy

Metropolitan Holdings CEO confident

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Visiting Wilhelm van Zyl, CEO of South Africa based Metropolitan Holdings Limited, is confident the company’s Ghanaian joint venture, Metropolitan Life Ghana is poised to lead a market share expansion outlay in the West African sub-region. Zyl, appointed CEO of the over a century-old financial services company only last April, was enthused with Metropolitan Life Ghana’s half-year financial performance showing total operating profit up by 10 per cent and explained that in a robust market and turbulent times of global recessions, double digit growths are remarkable achievements. “I think double digit growth in any market in the financial services at the moment, I will take even though it is the beginning of the year and I think it is a solid foundation. You want to grow fast, but you want to have controlled growth, and I think that’s important that you get the administrative process right so it doesn’t grow away from you. Again you are dealing with people’s money, people’s trust, and you need to be able to deliver on your promise.” Zyl, in the company of Diop Frimpong, CEO of Metropolitan Life Ghana and Justin Van Den Hoven, Group Executive, Metropolitan International, addressed a press conference in Accra to shed light on the company’s business and direction, and said Metropolitan's international operations also showed positively.

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