South Africa's Old Mutual CEO Williamson to take early retirement
17/02/2025 15:26
JOHANNESBURG, Feb 17 (Reuters) - South Africa's Old
Mutual Ltd OMUJ.J said on Monday that Iain Williamson will
take early retirement and step down as chief executive officer
and executive director of the firm on August 31 after five years
at the helm of the insurer.
"He will leave Old Mutual a stronger, more resilient and
more innovative company that is ideally positioned to grow and
thrive into the future," the company said in a statement, adding
that the board has started the process to identify a new CEO.
Williamson has spent 32 years with the Old Mutual Group, the
last five as CEO.
(Reporting by Nqobile Dludla
Editing by Tomasz Janowski)
((nqobile.dludla@thomsonreuters.com; +27103461066;))