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JOHANNESBURG - Old Mutual (LON:OMU) Limited announced Monday that its Chief Executive Officer, Iain Williamson, is set to retire early on August 31, 2025. Williamson, who has been with the company for 32 years and served as CEO for the last five, is stepping down from his position and as an executive director.
The company expressed gratitude for Williamson's long-term dedication and leadership, acknowledging his contributions to making Old Mutual a more robust and forward-looking entity. The Board is now seeking a successor to guide the company through upcoming growth and innovation challenges, considering both internal and external candidates for the CEO role. They aim to complete this process promptly.
Old Mutual, a leading African financial services group, operates across 12 countries and has a significant presence in the sub-Saharan region. The company's decision to announce the CEO's retirement complies with the JSE Limited's listing requirements.
The information about this change in directorate is based on a press release statement from Old Mutual.
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