Old Mutual appoints Iain Williamson as new CEO

– SOUTH AFRICA, Johannesburg –  Old Mutual Limited (JSE: OMU | LON: OMU) today announced that Iain Williamson has been appointed as CEO of Old Mutual and of Old Mutual Life Assurance Company (South Africa) Limited, effective immediately.

This appointment concludes an extensive process initiated by the Board to appoint a permanent CEO for the Group following a comprehensive global search by the Board of Directors.

“We are delighted at Iain’s appointment. Over the last year, acting as Interim CEO, he has worked to steer Old Mutual through some significant leadership and operational challenges. His steady hand, strategic mind, and authentic leadership style has been both refreshing and truly welcomed. We wish to thank Iain for his contribution during this time and we look forward to working with him as he leads the embedding of the Group’s vision and purpose of championing mutually positive futures everyday.” said Board Chairman, Trevor Manuel.

About Iain Williamson

An Actuary by profession (B. BusSc in Actuarial Science, UCT), Iain has built an exceptional career at Old Mutual spanning almost three decades. During this time, he gained valuable exposure and leadership experience, consistently delivering across a range of senior roles including CFO of the Retail Affluent segment and then Managing Director of the Retail Affluent segment. He was appointed as Old Mutual Emerging Markets’ Finance Director in 2015, then as Chief Operating Officer of Old Mutual in 2017 and also acted as the Interim Chief Executive Officer of Old Mutual in 2017.

About Old Mutual

Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets segments in 14 countries. Old Mutual’ s primary operations are in South Africa and the rest of Africa, and we have a niche business in China. With 175 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent.

For more information: https://www.oldmutual.com

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.