OLD MUTUAL LIMITED - Changes to the Old Mutual Limited Executive Leadership

Changes to the Old Mutual Limited Executive Leadership

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)

Ref 01/20
31 January 2020

CHANGES TO OLD MUTUAL LIMITED EXECUTIVE LEADERSHIP

Old Mutual announces the following changes to its Executive leadership:
the appointment of Ms. Kerrin Land as Managing Director of Old Mutual
Personal Finance, following the resignation of Ms. Karabo Morule in
October 2019, and Mr. Farhad Sader as Managing Director of Old Mutual
Wealth, who will succeed Kerrin.            Both appointments will be with effect
from 1 February 2020. Kerrin has also been appointed to the OML Executive
Committee.

Since joining Old Mutual in 1995, Kerrin has gained exceptional experience
across a range of portfolios and roles. These include investment product
development and portfolio management, IT and operations, distribution and
marketing, business strategy and planning, as well as actuarial pricing
and valuations. Her most recent role has been as MD of Old Mutual Wealth,
where   she    led   the   team    in   delivering   world-class    solutions     to   the
financial needs of our wealth clients.

Like Kerrin, Farhad has spent his entire career at Old Mutual since
joining in 2004. He has delivered outstanding results in his various roles
across IT and Operations Strategy, as MD of Investment Administration,
General Manager in Personal Finance and as Chief Operating Officer of Old
Mutual Wealth.

Old   Mutual    Interim     CEO,    Iain   Williamson,    said     that   these   senior
appointments from within the Company highlight Old Mutual’s commitment to
developing and growing an internal and diverse line of succession of
senior leaders.


Sandton

Sponsors

Johannesburg Stock           Merrill Lynch South Africa (Pty) Limited
Exchange

Namibia                      PSG Wealth Management (Namibia) (Proprietary)
                             Limited

Zimbabwe                     Imara Capital Zimbabwe plc

Malawi                       Stockbrokers Malawi Limited


Enquiries


Investor Relations
Sizwe Ndlovu                 T: +27 (0)11 217 1163
Head of Investor Relations   E: tndlovu6@oldmutual.com



Communications
Tabby Tsengiwe               T: +27 (11) 217 1953
Head of Communications       M: +27 (0)60 547 4947
                             E: ttsengiwe@oldmutual.com



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: 31-01-2020 05:45:00
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