Tag: ian williamson
After two stints as acting CEO of Old Mutual, the pan- African Financial services group has made official Iain Williamson’s role as head of the company. Williamson first served as acting Old Mutual in 2017 and again in 2019 when the company fired its former CEO Peter Moyo following a conflict of interest that resulted in breakdown of trust and confidence. Iain Williamson joins CNBC Africa for more.
It’s been just over a week since Old Mutual announced its R4 billion cover for healthcare practitioners working during COVID-19. Since then, there have been several cases of health care workers at hospitals like Netcare and Mediclinic who have contracted the novel coronavirus. Old Mutual interim CEO, Iain Williamson joins CNBC Africa for an update of how the cover has been used so far?
South Africa’s second largest insurer, Old Mutual increased its adjusted headline earnings per share by 10 per cent to 109 cents per share. The company is also set to undergo its second share buyback of the year, to the tune of R2.4 billion. CNBC Africa’s Fifi Peters spoke with Old Mutual’s Interim CEO, Ian Williamson.