Resignation of Managing Director, Old Mutual Personal Finance
Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)
18 October 2019
RESIGNATION OF MANAGING DIRECTOR, OLD MUTUAL PERSONAL FINANCE
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
Sizwe Ndlovu T: +27 (0)11 217 1163
Head of Investor Relations E: firstname.lastname@example.org
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 www.oldmutual.com.
Date: 18/10/2019 05:00:00
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