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MCIS Insurance names new CEO

MCIS InsuranceBhd. appointed Kobus Vlok as the company's new CEO, effective Oct.1.

Vlok was previously CEO of Sanlam Personal Finance, accordingto a Sept. 30 release. He replaces Kevin Jones, who recently notified thecompany's board of his intention to pursue other interests.

While Jones' contract ends in January 2017, the board beganthe process of identifying a suitable successor to lead MCIS Insurance from thefourth quarter in order to ensure a smooth transition period, the company said.