Machiel Reyneke

Machiel Reyneke is a South African Chartered Accountant and holds a BCom (Hons) and certificate in the theory of accountancy from the University of Johannesburg.

Machiel Reyneke has extensive experience in the insurance industry and financial services in general. In addition to being the head of Mergers and Acquisitions of African Rainbow Capital, he serves as a board member and member of various subcommittees of notable insurers including Santam, MiWay Limited and Centric Insurance Limited.

After completing his articles at PWC, Reyneke joined the corporate finance division of Gencor. Three years later he joined Sappi Limited and rose through the ranks to become the finance director of Sappi International. After a spell at Gensec Bank as a general manager looking after strategic projects, he joined Santam Limited in 2001 as finance director, a role which he filled for ten years. During his tenure, the company’s capital and reinsurance structures were substantially revised, which resulted in the company being rerated substantially.

He lives in Stellenbosch with his wife, Erna, and has a son and daughter.