Magda Wierzycka is an actuary with over 20 years’ experience in the South African asset management industry.
Wierzycka began her career in 1993 as a product development and investments actuary at Southern Life, followed by two years as an investment consultant at Alexander Forbes. In 1997, she joined Coronation as a director and Head of Institutional Business. She left in 2003 to assume the position of Chief Executive Officer of the African Harvest Group.
After negotiating the sale of African Harvest Fund Managers to Cadiz in 2006, Wierzycka led the management acquisition of the remainder of the group, which resulted in the formation of Sygnia, a specialist fin-tech company based in South Africa, focusing on the provision of investment management, technology and administration solutions to institutional and retail clients predominantly located in South Africa.
Wierzycka grew its assets from R2 billion to R154 billion in nine years, leading Sygnia to become the second largest multi- management company in South Africa. Sygnia listed on the Johannesburg Stock Exchange on 14 October 2015 (the share offer was 20x oversubscribed). Wierzycka has headed Sygnia as its Chief Executive Officer since 2006.