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Old Mutual hopes to make announcement on new CEO soon -chairman

The 175-year-old insurer has been led by acting CEO Iain Williamson since June last year.

29 May 2020, 12:44 by Emma Rumney, Reuters

South Africa’s Old Mutual has made “good progress” on its search for a new CEO and hopes to make an announcement soon, Chairman Trevor Manuel told the insurer’s virtual annual general meeting on Friday.

The 175-year-old insurer has been led by acting CEO Iain Williamson since the abrupt sacking of ex-CEO Peter Moyo in June last year.