Notification of Change in Director's Details

RNS Number : 3802J

Old Mutual PLC

29 March 2018

 

Old Mutual plc

Ref 183/18

29 March 2018

Notification of change in director's details

In accordance with Listing Rule 9.6.14R, Old Mutual plc (the "Company") announces that Zoe Cruz, a non-executive director of the Company, has been appointed as a non-executive director of Man Group plc, with effect from 1 June 2018.

Enquiries

External communications

Patrick Bowes                                                                      [phone]

Investor relations

Dominic Lagan (Old Mutual plc)                                       [phone]

John-Paul Crutchley (Old Mutual Wealth)                        [phone]

Nwabisa Piki (Old Mutual Emerging Markets)                [phone] 

Media

William Baldwin-Charles                                                    [phone]

                                                                                                 [phone]

Notes to Editors

About Old Mutual plc

Old Mutual plc is a holding company for several financial services companies. In March 2016, it announced a new strategy of managed separation entailing the separation of its underlying businesses into independently-listed, standalone entities.

The managed separation strategy seeks to preserve and release the value currently trapped within the group structure. The managed separation will be materially complete by the end of 2018.

BrightSphere Investment Group, a US based institutional asset manager, which rebranded from OM Asset Management in March 2018, is now independent from Old Mutual. The remaining underlying businesses are:

Old Mutual Emerging Markets: Old Mutual Emerging Markets seeks to become a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 17 countries.

Nedbank: Nedbank ranks as a top-5 bank by capital on the African continent and Ecobank, in which Nedbank maintains a 21.2% shareholding, ranks within the top-10 banks by assets on the African continent.

Quilter: Quilter is a leader in the UK and in selected offshore markets in wealth management, providing advice-led investment solutions and investment platforms to over 900,000 customers, principally in the affluent market segment.

For the year ended 31 December 2017, Old Mutual reported an adjusted operating profit before tax of £2.0 billion. For further information on Old Mutual plc and the underlying businesses, please visit the corporate website at www.oldmutualplc.com.

 

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