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OLD MUTUAL LIMITED - Resignation of Managing Director, Old Mutual Personal Finance

Release Date: 18/10/2019 17:00
Code(s): OMU     PDF:  
Wrap Text
Resignation of Managing Director, Old Mutual Personal Finance

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)

Ref 46/19
18 October 2019


Old Mutual announces the resignation of Ms. Karabo Morule as Managing
Director of Old Mutual Personal Finance with effect from October 18,
2019 for personal reasons. She will remain in her role for three months
to assist with the transition to an internal successor.

Old Mutual is confident that its leadership bench-strength will yield a
suitable successor, ensuring seamless business continuity in the best
interests of clients and stakeholders.

Old Mutual Acting CEO, Iain Williamson, and the Board expressed their
appreciation for Ms. Morule's significant contribution to the company
since     joining   in   2010.   Old   Mutual   wishes   her   well   in   her   future



Johannesburg Stock Exchange      Merrill Lynch South Africa (Pty) Limited

Namibia                          PSG Wealth Management (Namibia) (Proprietary)

Zimbabwe                         Imara Capital Zimbabwe plc

Malawi                           Stockbrokers Malawi Limited

Investor Relations
Sizwe Ndlovu                 T: +27 (0)11 217 1163
Head of Investor Relations   E:

Tabby Tsengiwe               T: +27 (11) 217 1953
Head of Communications       M: +27 (0)60 547 4947

Notes to Editors

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 it has a niche business in China. With over
174 years of heritage across sub-Saharan Africa, we are a crucial part of the
communities we serve and broader society on the continent.

For further information on Old Mutual, and its underlying businesses, please
visit the corporate website at

Date: 18/10/2019 05:00:00
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