Old Mutual Ltd - Company Profile
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Old Mutual Ltd (OML) is a financial service company, which offers insurance, asset management and banking services to individuals, institutions and corporate customers. The company offers long-term savings plans, protection plans, property and casualty insurance products, lending solutions, and investment strategies and products. It also offers wholesale and retail banking services, including property finance, corporate banking, underwriting, private equity trading, wealth management and transactional banking services. The company provides services such as claim settlement and advisory services to its clients. It operates in South Africa, Namibia, Botswana, Eswatini, Malawi, Zimbabwe, South Sudan, Kenya, Uganda, Rwanda, Tanzania, Ghana, Nigeria, and China through branches, independent brokers, consultants, intermediaries, and tied advisors. OML is headquartered in Cape Town, Western Cape, South Africa.
Old Mutual Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Life Insurance: | Advisory Services | Old Mutual Insure |
Protection Plans | Asset Management | Old Mutual |
Long-Term Savings Plans | 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 |
---|---|---|
2024 | Contracts/Agreements | In February, the company entered into a partnership with 10x Banking for the expansion of its operation in Africa. |
2023 | Corporate Changes/Expansions | In December, Fairbairn Consult launched its second Fairbairn Cafe at N1 City Mall, South Africa. |
2023 | New Products/Services | In December, the company introduced Motor Premier Cover, an insurance package for high-end motor vehicles. |
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 | - | Gauteng | Gauteng | Gauteng |
No. of Employees | 31,866 | 120,105 | - | 5,954 | 4,000 |
Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Iain Williamson | Director; Chief Executive Officer | Executive Board | 2020 | 52 |
Casper Troskie | Director; Chief Financial Officer | Executive Board | 2018 | 60 |
Zureida Ebrahim | Chief Operating Officer | Senior Management | 2021 | 46 |
Richard Treagus | Chief Risk Officer | Senior Management | - | 57 |
Trevor Manuel | Chairman | Non Executive Board | - | 67 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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