Tag: iain williamson

Old Mutual withholds half-year dividend amid COVID-19 uncertainties

Insurer Old Mutual has reported that it’s withdrawn its half year dividend and will look at the possibility of a full year dividend once the economy’s recovery path is clearer. Adjusted headline earnings per share declined by 66 per cent driven by lower new business sales volumes, volatile markets as well as the raising of short-term provisions in anticipation of worsening mortality. Old Mutual CEO, Iain Williamson joins CNBC Africa for more.

Old Mutual named Top Empowered Business of the Year

Insurance giant Old Mutual has won the Top Empowered Business of the Year award at the Top Empowerment virtual awards last night, joining CNBC Africa for more is Iain Williamson, CEO of Old Mutual.

Old Mutual makes acting CEO permanent, a year after sacking predecessor

JOHANNESBURG (Reuters) - Old Mutual said on Friday acting CEO Iain Williamson had been made permanent, ending a year of uncertainty over who will lead one of South Africa’s biggest...

Litigation over Moyo does little to dent Old Mutual’s earnings

Financial services group Old Mutual managed to pull through a positive set of results despite the challenging economic environment and the ongoing executive leadership challenges. Joining CNBC Africa for more is interim CEO, Iain Williamson.

Old Mutual wants new CEO within months; shares drop after earnings

Old Mutual said full-year adjusted profit rose 7%, versus the already flagged expected increase of up to 9% - which it attributed mostly to higher returns on invested capital due to an improved market, as opposed to performance.

Old Mutual on financial inclusion, transforming the economy

Financial inclusion aims to bring more active participants into the economy, by making it accessible and affordable for customers to transact across countries and regions. But how can it play a role in transforming the economy? CNBC Africa spoke to Iain Williamson, Acting Chief Executive Officer of Old Mutual for more.

Why markets think Moyo’s suspension is not a big deal

One of Africa’s oldest financial services company has suspended one of the continent’s best known CEOs. Old Mutual has suspended Peter Moyo for what it has called a “material breakdown of trust.” It delivered the news in an email to staff. Chris Pretorius, Wealth Manager, Alphawealth joins CNBC Africa for more.

Old Mutual CEO suspended, shares slide

One of Africa’s oldest financial services company has suspended one of the continent’s best known CEOs. Old Mutual has suspended Peter Moyo for what it has called a “material breakdown of trust.” It delivered the news in an email to staff. The board chaired by former South African finance minister Trevor Manual has put chief operating officer Iain Williamson in as acting CEO.
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