Old Mutual on financial inclusion, transforming the economy

Old Mutual, a leading financial services provider, is dedicated to promoting financial inclusion and driving economic transformation in Africa. In a recent interview with CNBC Africa, Iain Williamson, the Acting Chief Executive Officer of Old Mutual, shared insights on the company's efforts in making financial products accessible and affordable for all. At the core of their strategy is the focus on developing products with low costs and ensuring a wide range of access points, including digital platforms and local branches in smaller villages. Williamson emphasized the importance of financial education in empowering individuals to make informed decisions about their financial well-being. He highlighted the need to address barriers that prevent people from accessing essential financial services, such as infrastructure challenges and competing priorities for limited resources. By educating and enabling individuals to prioritize their financial health, Old Mutual aims to help them achieve their dreams and navigate life's challenges effectively.