Our vision is to become our customers' most trusted partner and to help them reach their financial goals. This is underpinned by our ambition to become a premium financial services group in sub-Saharan Africa.
To deliver value in the medium term, our priorities are focused on consolidating and growing our position in markets in which we are a market leader improving key underperforming businesses; and building long-term competitive advantage. These priorities are defined through our eight battlegrounds:
Old Mutual operates through seven operational segments that collaborate to serve our customers. We also manage a number of central activities, assets and liabilities, collectively referred to as “Other Group Activities”.
We are well-positioned in key sub-Saharan African geographies across multiple lines of business. Our business has an extensive product and service offering delivered through our multi-channel distribution network, with the largest reach compared to our
traditional South African peers.
Mass and Foundation Cluster
- Maintained strong sales in the mass market despite growing competition from existing and new entrants
- Growth in branch footprint, number of ATMs and increased activity and volume of active Money Accounts
Old Mutual Corporate
- Umbrella Life APE sales almost doubled compared to the prior period and we continue to build our pipeline of umbrella deals
- Continued traction on actions taken to restore Group risk underwriting experience