Board of Directors

Patrick O'Sullivan

Patrick O'Sullivan (66)

Chairman

Patrick O'Sullivan has been Chairman of the Company since 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 UK Government Shareholder Executive 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 2008. He joined the Group in August 2000 as Group Finance Director, moving on to become CEO of Skandia following its purchase by Old Mutual in 2006. He was previously Finance Director of Sun Life & Provincial Holdings plc (part of the AXA Group) and, prior to that, Director and CEO of Aon UK Holdings Limited.

Ingrid Johnson

Ingrid Johnson (48)

Group Finance Director

Ingrid Johnson 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. Her most recent responsibility there, in addition to being a Prescribed Officer, was as Group Managing Executive: Retail and Business Banking. She assumed this role in August 2009, taking responsibility for the turnaround of the Retail Banking cluster and managing the integration of Imperial Bank, in addition to retaining her role of leading the commercial cluster, Business Banking, which she held since 2005. She is a qualified chartered accountant and served her articles with Price Waterhouse and completed the Advanced Management Programme at Harvard Business School.

Paul Hanratty

Paul Hanratty (54)

Chief Operating Officer

Paul Hanratty has been Chief Operating Officer of Old Mutual since July 2014 (having previously been Group Operating Officer from March 2015) and Chairman of Old Mutual South Africa since September 2009. He joined with Old Mutual South Africa in 1984. He is a Fellow of the Institute of Actuaries and has held a number of roles at Old Mutual, including Head of Product Development, General Manager Finance and Actuarial, Head of the Retail business of Old Mutual South Africa and Chief Executive Officer of Long-Term Saving.  He joined the Board of Old Mutual South Africa's life business in 2003 and became Managing Director of Old Mutual South Africa in 2006.

Mike Arnold

Mike Arnold (67)

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. He 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.  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 of Scottish Equitable Policyholders Trust Limited.

Zoe Cruz

Zoe Cruz (60)

Independent non-executive director

Zoe Cruz has been an independent non-executive director since January 2014. She is also a member of the Board Risk and Remuneration Committees. She was Co-President for Institutional Securities and Wealth Management at Morgan Stanley from 2005 to 2007, where she was responsible for running major revenue-generating businesses, including overseeing their securities risk management and information technology. From 2009 to 2012, she was involved in founding and running her own investment management firm, Voras Capital Management. Prior to becoming Co-President of Morgan Stanley, she had been its Global Head of Fixed Income, Commodities and Foreign Exchange from 2001 until 2005. She joined the company in 1982 and was the third founding member of the foreign exchange group. She is the founder and CEO of EOZ Global.

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 Nomination and Remuneration Committees. He was a partner of Goldman Sachs in New York from 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. From 2001 to 2008, he was 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 (56)

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. Prior to that, she was a Senior Vice President for BT Europe in Germany, where she gained experience in sales, marketing, customer service and technology and in leading and changing large businesses. 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. She is also a non-executive director of Paddy Power plc, Michael Page International plc, Aldermore Group plc and Aldermore Bank plc.

Watch interview with Danuta Gray
Adiba Ighodaro

Adiba Ighodaro (51)

Independent non-executive director

Adiba Ighodaro has been an independent non-executive director since January 2014. She is also a member of the Group Audit Committee.  She joined the Commonwealth Development Corporation (CDC) in 1991, first in London, and later in Lagos, with a remit to establish CDC's Nigerian business. In 1995, her focus moved to the Caribbean as a Senior Investment Executive and Investment Manager, helping to obtain investment for and dispose of some of CDC's interest in Africa and the Caribbean.  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. Actis was spun out of CDC in 2004, resulting in her role changing primarily to raising investment funding for Actis's $3 billion Global Emerging Markets Fund and $1.2 billion Infrastructure Fund. She is currently Partner, Investor Development of Actis LLP.

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 Remuneration 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.. 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 (63)

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,based in London, of Actis Capital LLP with responsibility for its African business. Prior to that, he had been an Associate Director of the International Finance Corporation of the World Bank from2001 to 2004. He was Managing Director of Standard Chartered Bank (Zimbabwe) from 1990 to 1995, and later African Regional Head for Corporate Banking of Standard Chartered Bank. He 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.

Vassi Naidoo

Vassi Naidoo (60)

Non-executive director

Vassi Naidoo has been as a non-executive director of the Company and Chairman of Nedbank Group since May 2015. He is also a member of the Board Risk and Nomination Committees. He was Vice Chairman of Deloitte UK from 2009 to 2014 and Chief Executive Officer of of Deloitte Southern Africa from 1998 to 2006. He is a member of the Institute of Chartered Accountants in England and Wales and honorary life member of the South African Institute of Chartered Accountants.

Nonkululeko Nyembezi-Heita

Nonkululeko Nyembezi-Heita (55)

Independent non-executive director

Nonkululeko 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.  She is currently the Chief Executive Officer of Ichor Coal N.V., an international mineral resources company focusing on coal mining in South Africa, and non -excutive Chairman of JSE Limited.  She was previously the CEO of ArcelorMittal South Africa, the largest steel producer on the African continent. Prior to that, she served as the Chief Officer of Mergers & Acquisitions for the Vodacom Group and before that, she was Chief Executive Officer of Alliance Capital.