Old Mutual Plc Company Profile

Aggregated data from the web about Old Mutual Plc
Company Name Old Mutual Plc
Website www.oldmutual.com
Snippet Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in South Africa by John Fairbairn in 1845 and was demutualised and listed on the London Stock Exchange and other stock exchanges in 1999. It introduced a new strategy, called 'managed separation', that entailed the separation of its four businesses - Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) - into standalone entities in 2018. This led to the demerger of Quilter plc (formerly Old Mutual Wealth) and the unbundling of its shareholding in Nedbank. The business, which is now largely based in South Africa, provides sponsorship and supports bursaries at South African universities.
AUM R1.04 trillion (2018)[3]
Type Limited company
Founded 1845
Revenue R109,877 million (2018)[3]
Website www.oldmutual.com
Industry Financial services
Products Life insuranceSavings and investmentAsset managementBankingShort-term insurance
Traded as JSE: OMU, LSE: OMU, ZSE: OMU
Key people Trevor Manuel, Chairman Iain Williamson, CEO[1][2]
Headquarters Johannesburg, South Africa
Operating income R9,963 million (2018)[3]
Number of employees 31,000 (2018)

Old Mutual Plc is part of the South Africa company list

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