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Old Mutual Ltd
Investor Relations
Old Mutual Ltd., established in 1845 in Cape Town, South Africa, has transformed from its origin as a modest mutual insurance society into a prominent pillar in the financial landscape of Africa. With deep roots and a rich history, Old Mutual has navigated through eras of change to become a diversified financial services group, serving millions across the continent. The company operates through its core focus areas—life and savings, asset management, property and casualty insurance, and banking—and utilizes these segments to carve out a comprehensive footprint across the financial services industry. Through these various arms, Old Mutual extends its reach from retail customers to large corporations, offering products that range from simple insurance policies to sophisticated investment strategies.
The company generates revenue by amassing premiums from its insurance products, which not only provide coverage but also promise long-term savings and retirement income for customers. This premium income, coupled with fees earned through asset management services, forms the backbone of Old Mutual's revenue stream. The banking segment complements these efforts by offering a wide range of financial solutions, including loans and deposit products, which further bolster its capital reserves. By effectively managing risk and ensuring a focus on customer-centric offerings, Old Mutual not only aims to safeguard its clients' financial futures but also seeks sustainable profit growth. As the African financial environment continues to evolve, Old Mutual's adaptability and comprehensive financial strategies position it as a pivotal player striving to meet the diverse financial needs of its expansive client base.
Old Mutual Ltd., established in 1845 in Cape Town, South Africa, has transformed from its origin as a modest mutual insurance society into a prominent pillar in the financial landscape of Africa. With deep roots and a rich history, Old Mutual has navigated through eras of change to become a diversified financial services group, serving millions across the continent. The company operates through its core focus areas—life and savings, asset management, property and casualty insurance, and banking—and utilizes these segments to carve out a comprehensive footprint across the financial services industry. Through these various arms, Old Mutual extends its reach from retail customers to large corporations, offering products that range from simple insurance policies to sophisticated investment strategies.
The company generates revenue by amassing premiums from its insurance products, which not only provide coverage but also promise long-term savings and retirement income for customers. This premium income, coupled with fees earned through asset management services, forms the backbone of Old Mutual's revenue stream. The banking segment complements these efforts by offering a wide range of financial solutions, including loans and deposit products, which further bolster its capital reserves. By effectively managing risk and ensuring a focus on customer-centric offerings, Old Mutual not only aims to safeguard its clients' financial futures but also seeks sustainable profit growth. As the African financial environment continues to evolve, Old Mutual's adaptability and comprehensive financial strategies position it as a pivotal player striving to meet the diverse financial needs of its expansive client base.
Earnings Calls
Management
Celiwe Ross is currently the Human Capital Director at Old Mutual Limited, a leading pan-African financial services group established in 1845. She plays a pivotal role in shaping the company's human resources strategy and fostering a culture that aligns with its business goals. Ross joined Old Mutual in 2018, bringing with her a wealth of experience in human resources and talent management. Prior to her tenure at Old Mutual, she held several key positions in renowned organizations, where she honed her expertise in workforce transformation, leadership development, and change management. Her leadership style is marked by a focus on inclusivity, empowerment, and aligning workforce capabilities with strategic imperatives. Celiwe is known for her commitment to advancing diversity and inclusion within the workplace, and she actively advocates for initiatives that leverage diversity as a catalyst for organizational success. Her contributions are integral to Old Mutual's ongoing efforts to maintain a dynamic and resilient workforce adapted to the evolving business landscape.
Prior to her tenure at Old Mutual, she held several key positions in renowned organizations, where she honed her expertise in workforce transformation, leadership development, and change management. Her leadership style is marked by a focus on inclusivity, empowerment, and aligning workforce capabilities with strategic imperatives.
Celiwe is known for her commitment to advancing diversity and inclusion within the workplace, and she actively advocates for initiatives that leverage diversity as a catalyst for organizational success. Her contributions are integral to Old Mutual's ongoing efforts to maintain a dynamic and resilient workforce adapted to the evolving business landscape.
Charlene Clayton is a notable executive associated with Old Mutual Ltd. She holds the position of Company Secretary, a role that involves overseeing various corporate governance and compliance functions essential for the organization's operational integrity. With an extensive background in legal and corporate governance matters, she plays a critical role in ensuring that Old Mutual adheres to regulatory requirements and maintains high standards of governance practices. Her expertise facilitates effective communication between the board of directors and stakeholders, ensuring transparency and accountability within the company.
Kevin Stacey is a seasoned business executive known for his role at Old Mutual Ltd, a prominent pan-African investment, savings, insurance, and banking group. As an integral part of Old Mutual, Kevin Stacey has demonstrated leadership and strategic vision in the company's operations. His career has been marked by significant achievements in the financial services industry, where he has contributed to shaping Old Mutual's strategies to enhance customer experience and drive growth. With extensive expertise in operational management, risk assessment, and market expansion, he has played a critical role in maintaining Old Mutual’s competitive edge in a rapidly evolving financial landscape. Kevin Stacey is recognized for his ability to lead diverse teams and foster a culture of innovation and excellence within the organization. His commitment to ethical practices and sustainable business strategies aligns with Old Mutual’s values and mission, emphasizing long-term value creation for stakeholders across the African continent.
His career has been marked by significant achievements in the financial services industry, where he has contributed to shaping Old Mutual's strategies to enhance customer experience and drive growth. With extensive expertise in operational management, risk assessment, and market expansion, he has played a critical role in maintaining Old Mutual’s competitive edge in a rapidly evolving financial landscape.
Kevin Stacey is recognized for his ability to lead diverse teams and foster a culture of innovation and excellence within the organization. His commitment to ethical practices and sustainable business strategies aligns with Old Mutual’s values and mission, emphasizing long-term value creation for stakeholders across the African continent.
Stephen Lock is a seasoned executive known for his leadership role at Old Mutual Ltd, a prominent financial services group. He was appointed as the Chief Executive Officer (CEO) of Old Mutual Limited’s operations in Southern and East Africa. Lock has a strong background in financial services, with extensive experience in leading business transformation and driving growth in competitive markets. Before joining Old Mutual, Stephen Lock held various senior roles in major financial institutions, where he focused on enhancing strategic initiatives and improving operational efficiencies. His leadership is characterized by a commitment to innovation, customer-centric service, and sustainable business practices. Lock’s tenure at Old Mutual has been marked by efforts to strengthen the company’s market position in the region, focusing on expanding its offerings and optimizing its service delivery to meet the evolving needs of customers. His strategic vision and ability to navigate complex market dynamics have been instrumental in reinforcing Old Mutual's legacy as a trusted provider of financial services.
Before joining Old Mutual, Stephen Lock held various senior roles in major financial institutions, where he focused on enhancing strategic initiatives and improving operational efficiencies. His leadership is characterized by a commitment to innovation, customer-centric service, and sustainable business practices.
Lock’s tenure at Old Mutual has been marked by efforts to strengthen the company’s market position in the region, focusing on expanding its offerings and optimizing its service delivery to meet the evolving needs of customers. His strategic vision and ability to navigate complex market dynamics have been instrumental in reinforcing Old Mutual's legacy as a trusted provider of financial services.
Helen Wilson is the Chief Executive Officer (CEO) of Old Mutual Insure, a prominent insurance company within Old Mutual Limited, which is a leading financial services group in Africa. She stepped into her role as CEO in 2023, bringing her extensive experience in the insurance industry to the forefront of Old Mutual Insure's operations. Helen has a proven track record of leadership and strategic planning, having served in various executive roles prior to her current position. Her career spans both local and international markets, where she has gained significant insights and expertise in insurance, risk management, and financial services. Her professional journey is marked by successful stints at notable companies in the sector, where she held positions focusing on operational efficiency and growth strategies. Known for her dynamic leadership style, Helen is dedicated to steering Old Mutual Insure towards innovation, customer-centric solutions, and sustainable business practices. Under her leadership, Old Mutual Insure continues to emphasize digital transformation and enhancing customer experiences, aiming to solidify its position as a market leader in the insurance landscape. Helen’s vision focuses on leveraging technology and data-driven insights to deliver value to clients and stakeholders alike.
Her career spans both local and international markets, where she has gained significant insights and expertise in insurance, risk management, and financial services. Her professional journey is marked by successful stints at notable companies in the sector, where she held positions focusing on operational efficiency and growth strategies. Known for her dynamic leadership style, Helen is dedicated to steering Old Mutual Insure towards innovation, customer-centric solutions, and sustainable business practices.
Under her leadership, Old Mutual Insure continues to emphasize digital transformation and enhancing customer experiences, aiming to solidify its position as a market leader in the insurance landscape. Helen’s vision focuses on leveraging technology and data-driven insights to deliver value to clients and stakeholders alike.
Peter Maynard is the Chief Legal Officer and Group Secretary at Old Mutual Limited, a prominent financial services group based in South Africa. With his extensive background in law and corporate governance, Maynard plays a critical role in overseeing the company's legal framework and ensuring robust compliance across its operations. He is responsible for directing the legal affairs of the company, providing strategic advice to the board of directors, and ensuring that corporate practices align with applicable regulations. In his role as Group Secretary, he has additional responsibilities overseeing corporate governance practices and acting as a conduit for communication between the board and the company’s shareholders, contributing to the integrity and transparency of the corporation. His leadership and legal expertise are vital in navigating the complexities of financial regulations and enhancing the company’s commitment to ethical practices.
In his role as Group Secretary, he has additional responsibilities overseeing corporate governance practices and acting as a conduit for communication between the board and the company’s shareholders, contributing to the integrity and transparency of the corporation. His leadership and legal expertise are vital in navigating the complexities of financial regulations and enhancing the company’s commitment to ethical practices.
Allan Davidson MacLeod is known for his role at Old Mutual Ltd, a prominent financial services group based in South Africa. Allan MacLeod has held significant leadership positions within the organization, contributing to its strategic leadership and operational management. His tenure at Old Mutual has been marked by a focus on driving growth and innovation within the financial services industry, including insurance, banking, and asset management. MacLeod is admired for his strategic acumen, leadership skills, and his ability to navigate the complexities of the financial market landscape. His contributions have been integral in shaping the direction of Old Mutual, reinforcing its reputation as a leading financial institution on the African continent. His experience and insights have made him a respected figure in the finance industry. For more comprehensive details about his career and contributions, you would typically need to look at professional publications, official company announcements from Old Mutual, or financial services industry reports that discuss his impact and leadership style.
His tenure at Old Mutual has been marked by a focus on driving growth and innovation within the financial services industry, including insurance, banking, and asset management. MacLeod is admired for his strategic acumen, leadership skills, and his ability to navigate the complexities of the financial market landscape.
His contributions have been integral in shaping the direction of Old Mutual, reinforcing its reputation as a leading financial institution on the African continent. His experience and insights have made him a respected figure in the finance industry.
For more comprehensive details about his career and contributions, you would typically need to look at professional publications, official company announcements from Old Mutual, or financial services industry reports that discuss his impact and leadership style.
Rex G. Tomlinson is a seasoned executive with extensive experience in the financial services industry, particularly with Old Mutual Ltd. He holds a Bachelor of Commerce (B.Com.) degree and a Higher Diploma in Education, showcasing his strong foundation in commerce and education. Rex Tomlinson has held several strategic and leadership roles during his tenure at Old Mutual, contributing significantly to the company’s growth and success. His expertise spans various facets of the financial services sector, including operations, strategy development, and human resources. Throughout his career, he has been known for his ability to drive transformation and implement business strategies that align with market demands and organizational goals. In addition to his executive roles, Tomlinson has served on numerous boards and committees within the company, further exemplifying his leadership capabilities and commitment to the company’s mission and values. His contribution has been vital in strengthening Old Mutual's position in the market. Overall, Rex G. Tomlinson is recognized for his extensive knowledge, leadership skills, and dedication to advancing the financial services industry.
Rex Tomlinson has held several strategic and leadership roles during his tenure at Old Mutual, contributing significantly to the company’s growth and success. His expertise spans various facets of the financial services sector, including operations, strategy development, and human resources. Throughout his career, he has been known for his ability to drive transformation and implement business strategies that align with market demands and organizational goals.
In addition to his executive roles, Tomlinson has served on numerous boards and committees within the company, further exemplifying his leadership capabilities and commitment to the company’s mission and values. His contribution has been vital in strengthening Old Mutual's position in the market.
Overall, Rex G. Tomlinson is recognized for his extensive knowledge, leadership skills, and dedication to advancing the financial services industry.