Old Mutual Confirms New CEO After Protracted Legal Battle

  • New CEO has been with South African insurer for about 30 years
  • Ex-chief Moyo last year sued the company to get his job back
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Old Mutual Ltd. named acting Chief Executive Officer Iain Williamson as the African insurer’s permanent head after winning a legal battle against Peter Moyo, who tried to get the CEO job back following his dismissal.