Board of Directors

Patrick O'Sullivan

Patrick O'Sullivan (65)

Chairman

Patrick O'Sullivan joined the Board as Chairman on 1 January 2010. He also chairs the Nomination Committee. From 2007 until 2009, he was Vice Chairman of Zurich Financial Services, where he had specific responsibility for its international businesses including those in South Africa. He had previously held roles at Zurich as Group Finance Director and CEO, General Insurance and Banking, of its UKISA division. Qualified as a chartered accountant, his prior experience includes positions at Bank of America, Goldman Sachs, Financial Guaranty Insurance Company (a subsidiary of GE Capital), Barclays/BZW and Eagle Star Insurance Company. He is also the Chairman of the Shareholder Executive in the UK, Deputy Governor of the Bank of Ireland and Chairman of Equity Syndicate Management at Lloyd's.

Julian Roberts

Julian Roberts (57)

Group Chief Executive

Julian Roberts has been Group Chief Executive of Old Mutual plc since September 2008. He is also a member of the Nomination Committee and a non-executive Director of Nedbank Group Limited, Nedbank Limited and Old Mutual Life Assurance Company (South Africa) Limited. He joined Old Mutual in August 2000 as Group Finance Director, moving on to become CEO of Skandia following its purchase by Old Mutual in February 2006. Prior to joining Old Mutual, he was Group Finance Director of Sun Life & Provincial Holdings plc and, before that, Chief Financial Officer of Aon UK Holdings Limited.

Ingrid Johnson

Ingrid Johnson (48)

Group Finance Director

Ingrid has been the Group Finance Director of Old Mutual since July 2014. She was previously the Group Managing Executive: Retail and Business Banking for Nedbank. Ingrid has 20 years broad based financial services experience with the Nedbank Group in both line and financial roles. She was appointed to the Nedbank Group Executive Committee in 2008 and is a Prescribed Officer of the Group. She assumed her previous role in August 2009, taking responsibility for the Retail Banking Cluster and managing the integration of Imperial Bank, in addition to retaining her role of leading the commercial cluster Business Banking. Ingrid also held the title of Managing Executive Corporate Banking. Ingrid is a qualified chartered accountant and served her articles with Price Waterhouse and completed the Advanced Management Programme at Harvard Business School.

Philip Broadley

Philip Broadley (53)

Executive Director

Philip Broadley has been an Executive Director since July 2014, having previously been Group Finance Director since November 2008. He is also a non-executive director of Old Mutual Wealth Management Limited and of Old Mutual (Bermuda) Limited. He was previously Group Finance Director of Prudential plc from May 2000 until March 2008. Prior to joining Prudential, he was a partner in Arthur Andersen from 1993 to 2000. He has been Chairman of the 100 Group of Finance Directors, a founding member and trustee of the CFO Forum of European Insurance Company Finance Directors, and a member of the IASB's Insurance Working Group. He is a member of the Code Committee of the UK Takeover Panel and of the Oxford University Audit and Scrutiny Committee.

Paul Hanratty

Paul Hanratty (53)

Chief Operating Officer

Paul is Chief Operating Officer, having been appointed as Group Operating Officer in 2013 and Chairman of
Old Mutual South Africa in September 2009. He has also been appointed as an executive Director of the Company with effect from 1 July 2014. He was previous head of the Long-Term Savings division. Paul started with Old Mutual South Africa (OMSA) in 1984. He is a fellow of the Institute of Actuaries and has held a number of roles at Old Mutual. These included Head of Product Development, General Manager, Finance and Actuarial and Head of the Retail business of OMSA. He joined the Board of the OMSA life business in 2003 and became Managing Director of OMSA in 2006.

Mike Arnold

Mike Arnold (66)

Independent non-executive director

Mike Arnold has been an independent non-executive director of the Company since September 2009 and chairs the Board Risk Committee. He is also a member of the Group Audit Committee. Mike is a qualified actuary and was formerly Principal Consulting Actuary and Head of Life practice at the consulting actuarial firm Milliman from 2002 to 2009. Prior to that, he had been the senior partner at the practice from 1995, having joined one of its predecessor organisations as a recently qualified actuary in 1971. He is a past Member of Council and Vice Chairman of the Institute of Actuaries, past Chairman of the International Association of Consulting Actuaries and past member of the Board of Actuarial Standards. He is also a non-executive director of Financial Information Technology Limited and Scottish Equitable Policyholders Trust Limited.

Zoe Cruz

Zoe Cruz (59)

Independent non-executive director

Zoe has been an independent non-executive director since January 2014. She joined Morgan Stanley in 1982 and was the third founding member of the foreign exchange group. She became a Vice President in 1986, Principal in 1988, Managing Director in 1990 and was Co-Head of the Foreign Exchange Group from 1993 until 2001. Zoe was also the Global Head of Fixed Income, Commodities and Foreign Exchange. She  was Co-President for Institutional Securities and Wealth Management at Morgan Stanley from 2005 to 2007. From 2009 to 2012, she was involved in founding and running her own investment management firm, Voras Capital Management. Her early career was spent as a Foreign Exchange Trader with New England Merchants National Bank.

Alan Gillespie

Alan Gillespie (64)

Senior Independent Director

Alan Gillespie has been Senior Independent Director since May 2011, having joined the Board as an independent non-executive director in November 2010. He is also a member of the Group Audit, Nomination and Remuneration Committees. He joined Goldman Sachs in New York in 1986 and was made a partner of the firm in 1990, with responsibility for corporate finance and mergers and acquisitions in the UK and Ireland. He jointly led the firm's financial services practice in Europe and in 1996 established Goldman Sachs' presence in South Africa. After retiring from Goldman Sachs in 1999, he became Chief Executive of the Commonwealth Development Corporation in the UK. In 2001 he became Chairman of Ulster Bank, a subsidiary of Royal Bank of Scotland plc. He is also currently Senior Independent Director of United Business Media plc and Chairman of the Economic & Social Research Council.

Danuta  Gray

Danuta  Gray (55)

Independent non-executive director

Danuta Gray has been an independent non-executive director since March 2013. She is Chairman of the Remuneration Committee and a member of the Nomination Committee. She was Chairman of Telefónica O2 in Ireland until December 2012, having previously been its Chief Executive from 2001 to 2010 and remains a member of the Advisory Board of Wayra, which is part of Telefónica involved in new ventures. Prior to moving to Ireland, she was a Senior Vice President for BT Europe in Germany and she has experience in sales, marketing, customer service and technology and in leading and changing large businesses. Danuta is also a non-executive director of Paddy Power plc and Michael Page International plc. She previously served for seven years on the board of Irish Life and Permanent plc and was also a director of Business in the Community.

Watch interview with Danuta Gray
Adiba Ighodaro

Adiba Ighodaro (50)

Independent non-executive director

Adiba has been an independent non-executive director since January 2014. She obtained a law degree in London and was called to the UK Bar before moving to Nigeria, where she qualified at the Nigerian Bar and worked initially in private practice. She then joined the Commonwealth Development Corporation (CDC) in 1991, first in London, and later in Lagos. In 1995 she moved her focus to the Caribbean as a Senior Investment Executive and Investment Manager of CDC. Later she became CDC's Country Manager for Nigeria. She also became Head of West Africa, with responsibility for building the investment business of its Actis unit across the region. Adiba was a founding Board Director and Investment Committee member of Capital Alliance Private Equity Limited, Nigeria. She has also contributed extensively to various think tanks, including the Nigerian Economic Summit Group, the Privatisation Committee and the Nigerian-South African Business Council.

Reuel Khoza

Reuel Khoza (64)

Non-executive director

Reuel Khoza has been a non-executive director of the Company since January 2006 and Chairman of Nedbank Group since May 2006. He is also a member of the Board Risk and Nomination Committees.He is Chairman of Aka Capital, which 25% is owned by Old Mutual (South Africa). Reuel is also a non-executive director of Nampak Limited, Protea Hospitality Holdings Limited and Corobrik (Pty) Limited. His previous appointments include Chairmanship of Eskom Holdings Limited and non-executive directorships of Glaxo Wellcome SA, IBM SA, Vodacom, the JSE, JCI, Standard Bank Group and Liberty Life. He is currently a Fellow and President of the Institute of Directors of South Africa.

Roger Marshall

Roger Marshall (66)

Independent non-executive director

Roger Marshall has been an independent non-executive director of the Company since August 2010. He chairs the Group Audit Committee and is also a member of the Board Risk and Nomination Committees. He was formerly an audit partner in PricewaterhouseCoopers, where he led the audit of a number of major groups, including Zurich Financial Services and Lloyds TSB. Outside appointments included six years as a member of the Accounting Standards Board. He is currently Chairman of the Accounting Council, a Director of the Financial Reporting Council and a non-executive director of Genworth Financial's European insurance companies.

Nkosana Moyo

Nkosana Moyo (62)

Independent non-executive director

Dr Nkosana Moyo has been an independent non-executive director of the Company since September 2013. He is also a member of the Group Audit and Remuneration Committees. He is the Founder and Executive Chairman of the Mandela Institute for Development Studies (MINDS). Prior to founding MINDS, he was Vice President and Chief Operating Officer of the African Development Bank from 2009 to 2011. From 2004 to 2009 he was the Managing Partner of Actis Capital LLP and also served as Senior Advisor and Chairman of the Actis Africa Advisory Board. Prior to that, he had been an associate Director of International Finance Corporation of the World Bank. Nkosana has also served as Minister of Industry and International Trade in the Cabinet of the Zimbabwean Government and held positions as Managing Director at both Batanai Capital Finance and at Standard Chartered and African Regional Head for Corporate Banking. Nkosana has also had numerous Board appointments, including serving on the Advisory Board of Unilever. He currently sits on the boards of the Investment Climate Facility (ICF) and of the Africa Leadership Institute.

Nku Nyembezi-Heita

Nku Nyembezi-Heita (54)

Independent non-executive director

Nku Nyembezi-Heita has been an independent non-executive director of the Company since March 2012.  She is also a member of the Board Risk and Nomination Committees.  Nku is currently the Chief Executive Officer of Ichor Coal N.V., an international mineral resources company focusing on coal mining in South Africa.  The company operates its own coal resources with customers in South Africa and beyond. She was previously the CEO of ArcelorMittal South Africa, the largest steel producer on the African continent. Prior to this, Nku served as the Chief Officer of Mergers & Acquisitions for the Vodacom Group and before that, she was Chief Executive Officer of Alliance Capital, then local subsidiary of the New York-based global investment management company. Nku is also a non-executive chairman of the JSE Limited.