Alexander Forbes has partnered with a 100% black-owned healthcare consultancy firm to provide sub-contracting consulting work with an initial value of R12-million.
The collaboration with Evo Financial Services enables Alexander Forbes to contribute to the B-BBEE profile of the health consulting business landscape, and sees the financial services giant showing commitment to transformation in the financial services sector.
“Alexander Forbes is committed to finding suitable channels to strengthen our supply chain, deliver shareholder return and in turn contribute to South Africa’s growth. In this regard, we have embarked on a journey to partner and support a 100% black owned SME in the healthcare consulting industry. This enables Alexander Forbes to impact on the transformation of the business landscape,” said Alexander Forbes Health Managing Director, Butši Tladi.
Evo Financial Services has expertise in healthcare consulting with strong credentials in the mining and other unionised environments. In this partnership, Evo will benefit from operational support from Alexander Forbes in specialised areas such as actuarial, risk management and call centre capability.
“The partnership with Evo will enable Alexander Forbes to penetrate markets in which we are currently under represented,” said Tladi.
“Evo already has an exciting pipeline of business opportunities and our collaboration will improve their conversion rates and fast-track their ambition to become a formidable player in the industry,” said Tladi.
“We recognise our responsibility to facilitate and support empowering opportunities in line with the national agenda of developing and growing a robust economy,” she added.
Senzo Mthembu, CEO at Evo, said the financial services company, which has a 33% female management control, was led by a team with more than 60 years’ of experience in the industry.
“Health is the new wealth and Evo’s mission is to provide innovative solutions that preserve and enrich the lives of South African employees. We are ambitious about the impact we can make in the industry and we are proud to partner with Alexander Forbes, the largest heathcare adviser in the country,” added.