Bilal Adam
Full Name: Bilal Adam
Position: Rand Mutual Life Assurance Ltd (RMA Life)
Main Activity of the Company: Life insurance
Date and Place of Birth: June 6, 1975, Durban
Education: CA(SA); Program for Leadership Development, Harvard Business School
First Job: Trainee accountant at Nedbank
Career History Prior to Current Position: Group CFO of Rand Mutual Assurance (RMA) Group; group CFO of Regent Insurance Group: Group CFO; managing executive of ANVIL Financial Services; nonexecutive director of Regent Life Botswana, Regent Insurance Botswana, Lesotho National General Insurance Company, Lesotho National Life Assurance Company, and Cedar Employee Benefits; trustee of Regent Life Retirement Annuity Fund; and group audit executive of Premedia
Size of First Pay Packet: R6 500 (gross) a month on my first full-time job
First Job with Present Group: RMA group CFO
Value of Assets under Your Control: R5-billion under assets for RMA Life
Number of People under Your Leadership: About 60 direct reports, but the number is about 100 when including group functions that perform work for Rand Mutual Life
Management Style: An inclusive management style that encourages a collaborative way of working. Motivation and guidance are used to encourage staff to contribute their thoughts and ideas to the decision-making process
Personal Best Achievement: There have been many, but I have to say my family, my four children and seeing what lovely, well-balanced young, strong women they have grown up to become
Professional Best Achievement: My current position and doubling the value of the company in the last two-and-a-half years, despite a tough Covid-19 environment
Person Who Has Had the Biggest Influence on Your Life: My parents – for instilling in me the values of hard work and integrity very early in my life
Person Who Has Had the Biggest Influence on Your Career: Two previous Group CEOs that I worked with at Imperial Holdings, Bill Lynch and Mark Lamberti
Person You Would Most Like to Meet: I would have loved to have spent a day having a very philosophical conversation with Nelson Mandela over a few cups of Rooibos tea
Businessperson Who Has Impressed You Most: Elon Musk
Philosophy of Life: Life is short, and we all have one life only, so make sure that you live life to its fullest
Biggest Ever Opportunity: My current position as CE of RMA Life
Biggest Ever Disappointment: There have not been many. If anything, I always see disappointments as a glass half full and an opportunity to learn from them
Hope for the Future: That South Africa truly reaches its full potential, where it can be a source of pride and progression for all its citizens – not just a few individuals
Favourite Reading: Any book with a great personality that I can learn from, or a wildlife book. I am currently reading Imtiaz Sooliman and the Gift of the Givers: A Mercy to All, by Shafiq Morton
Favourite TV Programme: Currently, it’s NCIS, but I mostly watch sport
Favourite Food/Drink: Sushi/Mocktails, but I never say no to desert!
Favourite Music: I listen to most music genres
Favourite Sport: I like most sports, with football, rugby and cricket being the three big ones
Favourite Website: For work it would be Business Day and personally any wildlife or travel website
Hobbies: Spending time in our beautiful African bush and travelling the world experiencing new cultures
Car: A Mercedes-Benz E-Class for myself, a Range Rover for my wife and a Land Rover Defender, which is my favourite – it is my bush vehicle and I use it to do trips in and around Southern Africa
Pets: A Dashund named Chloey and a German Shepard named Cruz, as well as a Persian cat named Pugsley
Miscellaneous Dislikes: People who disobey rules
Favourite Other South African Company: Capitec, for its innovation and changing the way banking works and costs in South Africa
Favourite Foreign Company: Amazon
Married: To Alison Adam, since February 18, 2005
Children: Ameera, 16; Liya, 15; Amani, 15; Zariya, 11
Clubs: I used to belong to a flying club and a birding club, but do not have the time anymore
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation