Old Mutual Life Assurance Company

By Soko Directory Team / July 22, 2016




Old Mutual Life Assurance Company provide investment, savings, insurance and banking services in Africa, Europe, the Americas and Asia. We have 18.9 million customers and approximately 64,000 employees.

History

Old Mutual began in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times. Today, 171 years on, the Group is made up of four strong businesses operating successfully in their respective markets and enabling positive futures for their stakeholders. We have been listed on the London and Johannesburg stock exchanges, among others, since 1999.

Businesses

We have four strong businesses in Old Mutual Emerging Markets (OMEM), Nedbank, Old Mutual Wealth (OMW) and Old Mutual Asset Management (OMAM).

Strategy

To execute a managed separation of the Group into four strong standalone entities. A managed separation of the Group will free the constituent parts into four independent businesses, each having a capital structure and dividend policy suitable for its own strategy that will allow it to access its natural shareholder base.

Following the managed separation, the lead regulator for each business will then be the same as the local regulator. We will manage the separation of the Group in a manner that aims to enhance value to shareholders over time.

Strategic Priorities

Working with our businesses in delivering enhanced performance relative to their peer groups.

Stewardship of the managed separation process, balancing value, cost, time and risk.

Fulfilling the Group’s ongoing regulatory obligations; and managing the Group’s debt obligations, central cost reductions and distributions to shareholders.

Contacts

OLD MUTUAL

P.O. Box 30059

Nairobi, Kenya

GPO 00100

Physical Address

Corner of Mara Road and Hospital Road,

Upper Hill, NAIROBI.

View our list of Old Mutual branches.

Investment Services

Tel: +254 20 2829800

Fax: +254 20 2829316

Email Investment Services

Life Insurance

Tel: +254 20 2829800

Fax: +254 20 2722415

Email Life Insurance

Offshore Investments

Tel: +254 20 2829800

Fax: +254 20 2722415

Email Offshore Investments

Asset Managers

Tel: +254 20 2829000

Fax: +254 20 2711066

Email Asset Managers

Retirement Benefits

Tel: +254 20 2829800

Fax: +254 20 2711066

Email Pension Services

Old Mutual Securities

Tel: +254 22 41 408

Contacts

TEL: +254 (0) 20 282 9800

TEL: +254 711 010 000

TEL: +254 711 010 800

TEL: +254 732 101 000

TEL: +254 732 101 800



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


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