JOHANNESBURG - Old Mutual (LON:OMU) Limited, a prominent African financial services group, has announced the appointment of Jurie Strydom as its new Chief Executive Officer (CEO), effective June 1, 2025. The announcement comes after a thorough selection process following the notice of CEO Iain Williamson’s retirement.
The company’s board, with aid from a leading executive search firm, evaluated a range of candidates before choosing Strydom, who has extensive leadership experience in the financial services and insurance sectors. Strydom’s tenure as CEO will follow a transition period alongside Williamson until the Annual General Meeting on May 30, 2025. Williamson will remain a board director until the meeting and will continue to advise the company until his retirement on August 31, 2025.
Strydom, a qualified actuary with an MBA from the Massachusetts Institute of Technology and a Chartered Financial Analyst designation, has held CEO positions at Sanlam Life and Savings, Regent Insurance Group, and Alexander Forbes Life, among others. He is also active as a fintech investor and holds chairmanship roles at FSPHub and Common Good, a non-profit organization.
Old Mutual’s Chairman, Trevor Manuel, praised Strydom’s strategic vision and operational expertise, highlighting his capacity to drive growth, innovation, and profitability for the company. Manuel also acknowledged Williamson’s significant contributions to Old Mutual, particularly during challenging times such as the Covid-19 pandemic.
Strydom expressed his commitment to leading Old Mutual in its next phase, focusing on strategic implementation, innovation, and financial performance. He plans to step down from the board of FSPHub to dedicate his efforts to his new role at Old Mutual.
The information for this report is based on a press release statement.
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