Old Mutual Ltd - Company Profile
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Old Mutual Ltd (OML) primarily operates in the financial services sector, focusing on banking, insurance, and investment services. The company's major offerings include life assurance, risk products, loans, asset management, short-term insurance, and retirement funding. It is associated with a valuable and trusted brand in the insurance market. The company serves a diverse range of customers, including individuals, small and medium-sized businesses, corporates, and institutions. It operates through a network of independent financial advisers, international banking institutions, and its branches. Old Mutual has a presence in several African countries, including South Africa, Namibia, Botswana, Eswatini, Malawi, Zimbabwe, South Sudan, Kenya, Uganda, Rwanda, Tanzania, Ghana, and Nigeria, as well as a niche business in China. OML is headquartered in Pinelands, Cape Town, South Africa.
Old Mutual Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Life Insurance: | Advisory Services | Old Mutual |
| Protection Plans | Asset Management | |
| Annuities | Claims Settlement | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In October, the company announced its plans to acquire a majority stake in 10X Investments from Old Mutual Private Equity. |
| 2025 | Plans/Strategy | In August, the company announced its plans to open a new bank in South Africa. |
| 2025 | Corporate Changes/Expansions | In August, the company introduced OM Bank, a digital-first offering. |
Competitor Comparison
| Key Parameters | Old Mutual Ltd | Sanlam Ltd | Investec Bank Ltd | OUTsurance Holdings Ltd | Hollard Insurance Group |
|---|---|---|---|---|---|
| Headquarters | South Africa | South Africa | South Africa | South Africa | South Africa |
| City | Cape Town | Bellville | Johannesburg | Centurion | Johannesburg |
| State/Province | Western Cape | Western Cape | Gauteng | Gauteng | Gauteng |
| No. of Employees | 27,968 | 149,036 | - | 7,467 | 2,211 |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jurie Strydom | Chief Executive Officer; Director | Executive Board | 2025 | 50 |
| Casper Troskie | Chief Financial Officer; Director | Executive Board | 2018 | 63 |
| Zureida Ebrahim | Chief Operating Officer | Senior Management | 2021 | 49 |
| Ranen Thakurdin | Chief Risk Officer | Senior Management | 2026 | - |
| Trevor Manuel | Chairman | Non Executive Board | - | 70 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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