About

Insurance And Banking Staff Association

IBSA was based on a branch structure representing members at various organizations such as Old Mutual, Nedbank and Sanlam. In 1994, OMREB representing members at Old Mutual was established as a branch of IBSA and has grown significantly over the years. At a high level strategic planning session in August 2018, it was decided to dissolve all the branches with the vision of unity and expansion to ultimately benefit all members across the financial services sector. Although significant strides in the amendment of the Labour Relations Act, IBSA represent and defend it members on the fundamental issues within the workplace for a decent living wage and gender inequalities, retrenchment, restructuring, unfair labour practice in the workplace, grievance procedures, disciplinary hearings and CCMA cases, while there are still critical concerns for workers in the financial services sector.

  • Why Join IBSA?

     Unionisation is a good idea in the same way that Short Term Insurance on your house or car are good ideas. After all, you don’t insure things because you know it is going to break or get damaged – you insure it because there is a possibility that it might and you need to protect yourself from financial loss in the event of that happening.

  • IBSA Track Record

    IBSA has successfully improved the terms and conditions of employment for all members, underpinning the cordial relationship and mutual respect between employees and employers. This is our unique approach to ensure that as an IBSA member, you enjoy maximum protection of your benefits and, in turn, employers build a staff complement of committed, happy employees.

  • OUR PURPOSE

    The purpose of forming a trade union was to ensure worker rights in the workplace, to improve the working conditions and living standard of workers in the financial services sector. Since, IBSA was based on a branch structure representing members at various organizations such as Old Mutual, Nedbank and Sanlam.

  • STRATEGIC

    IBSA is a founding affiliate of the Federation of Unions of South Africa (FEDUSA) who represents IBSA at the National Economic Development and Labour Council (NEDLAC) where leadership of government, labour, business as well as community meet to discuss issues affecting the Insurance and Banking sector. FEDUSA is IBSA essential voice in the Public Finance and Monetary Chamber.

6500+

Total Members

Our Mission

Where there are workers there must be a union

106 years

of combined industry experience

A registered trade union in the Insurance and banking industry. Our hope is to achieve a healthy democracy by engaging our members ensuring their rights.

  • IBSA Cape Town Office

    Unit 35, Viking Business Place,
    Thor Circle,
    29 Thornton,
    7475

  • IBSA Old Mutual Office

    Mutualpark,
    Jan Smuts Drive,
    Pinelands,
    Cape Town,
    7405

  • Monday – Thursday: 08:00 to 04:30
    Friday: 08:00 to 04:00
    Weekends & Public Holidays: Closed

  • CONTACT US

    Telepohone: (021) 531 5470
    Email: ibsa@ibsa.org.za

  • SOCIAL MEDIA

    Social Media Platforms:
    IBSA | Insurance and banking staff association