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PROFESSIONAL PROVIDENT SOCI​​​ETY
PPS

Last update 3 months ago

Industry Financial Services (343)
Johannesburg, South Africa
Workforce 501 - 1,000 employees

+27 11 644 4200 | +27 86 177 7146

Email info@pps.co.za Website


Since its founding in 1941, PPS is the only mutual financial services company in South Africa that has focused exclusively on graduate professionals, providing tailor-made insurance, investment and healthcare solutions to our members.

PPS is an exclusive organisation of graduate professionals, which provides exceptional insurance benefits and a range of financial services to members, their families and associates, to create wealth, peace of mind and security for members during their working lives and in retirement.

Tried, tested and trusted for over 75 years, PPS is recognised as a company of value, repute and integrity, by lawyers, doctors, accountants, engineers and many other professions. They know that PPS is exclusively there for them and their families through every  stage of their lives - from graduation to retirement and beyond.

Heritage

A brainchild of a grou​p of eight dentists, PPS was founded as the Professional Provident Society of South Africa on 8 July 1941, during the height of the Second World War.  These founding fathers sought to find a better system of financial protection as a consequence of being unable to practice as a result of sickness or injury, looking towards the Dentists Provident Society of the UK, formed in 1908, for a model on which to base their own society – its objectives perfectly matching their own needs.  ​ It is noteworthy to mention that despite all the changes that PPS has undergone over the intervening years, these objectives still today form the underlying rationale for the Group's modus operan​​di.

Milestones

1941

- Professional Provident Society of South Africa was founded on 8 July 1941

1960

- Professional Provident Society Retirement Annuity Fund was established

1972

- The eligibility rules were amended to provide membership for students

1980

- Eligibility rules were amended to provide membership to professionals who were not members of a recognised professional association

1998

- The Board agreed that persons with certain Technikon degrees could also be considered for membership

2001

- PPS was effectively transformed into the PPS Group, consisting of PPS Limited (Limited by Guarantee) and PPS Insurance Company Limited that was registered to provide benefits as a long-term insurance company

2003

- Professional Provident Society Insurance Company (Namibia) Limited - a subsidiary of PPS Insurance - was established

2005

- PPS Medical Scheme Administrators (Pty) Limited was established to administer Profmed

2006

- Professional Provident Society Investments (Proprietary) Limited was established to service the savings and investment needs of PPS members

2006

- BEE transaction announced in 2006, well ahead of the 2010 schedule set out by the DTI's Codes of Good Practice

2007

- PPS Investments range of products launched

2007

- PPS Insurance launched a new range of risk products and enhanced existing risk portfolio

2009

- PPS Medical Scheme Administrators (Pty) Limited started administering multiple schemes

2011

- PPS Limited (Limited by Guarantee) is transformed into The PPS Holdings Trust, as per the requirements of the new Companies Act.

2012

- PPS introduces broadening of mutuality. From the 2012 financial year, members' share in the profits of PPS are not only based on the level of SPPI cover they have, but also the premiums paid on qualifying products that they have taken out.

2013

- PPS allocates a record amount of R4,2 billion of profits to our members' Profit-Share Accounts in respect of 2013.

2014

- PPS allocated over R3 billion of profits to our members' Profit-Share Accounts in respect of 2014.

2015

- PPS allocated over R2.2 billion of profits to our members' Profit-Share Accounts in respect of 2015.

2016

- PPS allocated over R2.7 billion of profits to our members' Profit-Share Accounts in respect of 2016.

BOARD

I... S...

Chief Executive Officer
Effective 1 year ago

C... E...

Chairman
Effective 10 years ago
REGENT INSURANCE COMPANY
South Africa - Finance | Insurance
Independent Non-Executive Director
Ongoing

Appointed to the board 6 years ago


PROFESSIONAL PROVIDENT SOCI​​​ETY
PPS
South Africa - Financial Services
Chairman
Effective 10 years ago

36 relationships

H... E...

Deputy Chairman
Effective 8 years ago

T... B...

Financial Director
Effective 10 years ago

Appointed to the board 8 years ago

E... M...

Independent Non-Executive Director
Effective 15 years ago

G... C...

Independent Non-Executive Director
Effective 14 years ago

S... T...

Independent Non-Executive Director
Effective 2 years ago

D... L...

Independent Non-Executive Director
Effective 4 years ago

J... A...

Independent Non-Executive Director
Effective 4 years ago

C... M...

Independent Non-Executive Director
Effective 2 years ago

N... B...

Executive, Pps Investments
Effective 1 year ago

N... G...

Independent Non-Executive Director
Ongoing

Appointed to the board 10 years ago
THE BIDVEST GROUP
South Africa - Conglomerates
Independent Non-Executive Director
Ongoing

Appointed to the board 11 years ago


VUKILE PROPERTY FUND
South Africa - Property & Real Estate
Independent Non-Executive Director
Ongoing

Appointed to the board 5 years ago


PROFESSIONAL PROVIDENT SOCI​​​ETY
PPS
South Africa - Financial Services
Independent Non-Executive Director
Ongoing

Appointed to the board 10 years ago


JOHANNESBURG STOCK EXCHANGE
JSE
South Africa - Financial Services
Independent Non-Executive Director
Ongoing

Appointed to the board 12 years ago


BID CORPORATION
BIDCORP
South Africa - Foods
Non-Executive Director
Ongoing

Appointed to the board 1 year ago


MR PRICE GROUP
South Africa - Retail | Consumer Goods
Independent Non-Executive Chairman
Effective 5 years ago

Appointed to the board 10 years ago


BIDVEST BANK
South Africa - Finance | Banking
Independent Non-Executive Chairman
Ongoing


BSI STEEL
South Africa - Metal & Steel
Independent Non-Executive Director
Ongoing

Appointed to the board 10 years ago


STRATE
South Africa - Financial Services
Non-Executive Director
Ongoing

152 relationships
MANAGEMENT

L... D...

Executive, Human Resources
Effective 2 years ago

R... G...

Executive, Human Resources​​
Effective 16 years ago

V... B...

Company Secretary
Ongoing

H... H...

Executive, Professional Provident Society Healthcare Administrators
Effective 9 years ago

N... H...

Executive, Professional Provident Soci​​​ety Short-Term Insurance
Effective 6 years ago

D... S...

Executive, Medical Standards And Services
Effective 9 years ago

S... C...

Executive, Life Administration And Systems​
Effective 12 years ago

Left the company less than a year ago

G... J...

Executive, Marketing And Stake​holder Relations​
Left 4 months ago

Z... S...

Digital Executive
Left 9 months ago

J... M...

Executive, Sales
Left 10 months ago

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