'I'm not a mentor and a coach.' Outgoing Momentum CEO can see himself returning as board member

Hilgard "Hillie" Meyer, the outgoing CEO of insurance and investment giant Momentum Metropolitan Holdings (MMH), says he plans to take a six-to-nine-month break after retiring at the end of this month. After that hiatus, he would be keen to join its board as a non-executive director.

"From unofficial discussions with board members, I think there’s probably a good chance that I will come back as a non-executive board member sometime in the future," Meyer told News24 in an interview. "If that’s an opportunity, I would gladly accept it. I don’t want to be a non-executive board member at any of the competitors."

Meyer will formally vacate his roles as an executive director on MMH’s board and as a member of the group’s risk, capital and compliance as well as its social, ethics and transformation committees with effect from 30 September. He joined what was then Momentum in 1988 and served as its managing director from 1996 to 2005. After that, he helped found and manage a private equity firm before returning as MMH’s group CEO in 2018.