Old Mutual announces the resignation of Ms. Karabo Morule as Managing Director of Old Mutual Personal Finance with effect from October 18, 2019 for personal reasons. She will remain in her role for three months to assist with the transition to an internal successor.
Old Mutual is confident that its leadership bench-strength will yield a suitable successor, ensuring seamless business continuity in the best interests of clients and stakeholders.
Old Mutual Acting CEO, Iain Williamson, and the Board expressed their appreciation for Ms. Morule's significant contribution to the company since joining in 2010. Old Mutual wishes her well in her future endeavours.