Adrian Gore is the founder and Chief Executive Officer of Discovery Group, South Africa’s largest private health care provider and the fastest growing diversified financial services group in the country. Under Gore’s leadership, Discovery has expanded its reach and business offering and, in addition to its head office in South Africa, has operations in the United Kingdom, United States and China. The group generates total income flows in excess of R50 billion and has over 7,000 staff globally serving approximately 5.5 million customers world-wide.
Gore is a true entrepreneur and a pioneer in business innovation. He launched the Discovery business model while working for FirstRand Group in 1992. Wanting to take the business to the next level and through his desire for growth and constant improvement, Gore championed Discovery’s listing on the Johannesburg Stock Exchange in 1999 and its unbundling from FirstRand in 2007. Since that time, Gore has transformed Discovery into a company that is a master at business reinvention with the Group consistently entering new and diverse markets. In 2007 the Group entered the savings and investment market with the establishment of its Discovery Invest business, South Africa’s fastest growing savings business, which achieved the milestone of managing over R25 billion in assets in just 4 years.
Gore’s thought leadership in developing the Discovery business model has received international recognition and has been featured in articles from The Wall Street Journal, February 2006; the Los Angeles Times, March 2007; The Economist, February 2010 and July 2011; the New York Times, January 2011; Fox Business, May 2011; and The Huffington Post, May 2011. The business model has also formed the basis of a Wits Business School case study in 2003 and has featured in two case studies from Harvard Business School. In 2008 the Group’s business model was highlighted in two prominent international financial works entitled “The 5 Trends That Will Shape The Next 50 Years” and “Improving Decisions about Health, Wealth and Happiness”.
Gore is a passionate entrepreneur, dedicated to helping other aspiring entrepreneurs through his Chairmanship of Endeavor South Africa, a global non-profit organisation that identifies and supports innovative, high-growth entrepreneurs in emerging markets such as Argentina, Brazil, Chile, Colombia, Egypt, India, Mexico, South Africa, and Turkey. High-impact entrepreneurs are defined as those transforming their industries, their communities and even their countries through business.
The culture that Gore instils at Discovery is one of sharing knowledge, experience and insight through the success the organisation has enjoyed. Discovery works proactively with Government agencies, non-profit organisations and think tanks to share its product learnings in a social context, helping to improve public healthcare systems. Gore participates as a delegate of the World Economic Forum and in 2009 was appointed to the World Economic Forum Global Health Advisory Board, which is committed to improving global healthcare. In 2011, Gore was appointed to the Massachusetts General Hospital Global Health Advisory Board, whose mandate is to enhance care for the world’s most vulnerable populations, as well as to educate and prepare the next generation of health leaders and educators.
Gore graduated from Wits University in 1986 with a BSc Honours in Actuarial Science. He has been admitted as a Fellow of the Actuarial Society of South Africa, a Fellow of the Faculty of Actuaries (Edinburgh), an Associate of the Society of Actuaries (Chicago), and is a member of the American Academy of Actuaries. In 1998, Gore was recognised as South Africa’s Best Entrepreneur by Ernst & Young, and was chosen as South Africa’s leading CEO in the annual MoneyWeb CEO’s CEO of the Year Awards in 2004, and was again a finalist in 2006. Also in 2006, he was awarded the South African Leading Managers Award, an initiative of the Corporate Research Foundation and Business Report. In 2008 he received the Investec Award for Considerable Contribution in a Career/Profession, and in 2010, was named as the Sunday Times Business Leader of the Year.
In addition to holding several directorships in South Africa and internationally, Gore is a mentor to young professionals through The World Economic Forum’s Fellows Global Leadership Programme, The Young Presidents’ Organisation, and the World Presidents’ Organisation where he aims to inspire a new generation of leaders that will carry the mantle of innovation and persist with a pioneering spirit to create better businesses and better societies.