November 24, 2017 3:22 AM ET


Company Overview of Old Mutual Life Assurance Company (South Africa) Limited

Company Overview

Old Mutual Life Assurance Company (South Africa) Ltd provides various life assurance, savings, and retirement funding products in South Africa. It operates through Retail and Corporate segments. The Retail segment offers a range of wealth creation and protection products, such as life and savings, unit trusts, and healthcare and group schemes products to individual customers. The Corporate segment provides investment, savings, and risk management and administration products, as well as services to groups of individuals, such as companies, medical aid and retirement funds, and unions and public sector bodies. The company offers personal solutions, such as investments and savings; retirement p...

93 Grayston Drive

Cnr of West Road South



South Africa

Founded in 1845

19,120 Employees

Key Executives for Old Mutual Life Assurance Company (South Africa) Limited

Finance Director
Chief Executive Officer of Omigsa
Age: 51
Executive Director
Age: 65
Managing Director of African Operations
Compensation as of Fiscal Year 2017.

Old Mutual Life Assurance Company (South Africa) Limited Key Developments

Old Mutual To List Old Mutual Wealth And Old Mutual South Africa

Old Mutual plc (LSE:OML) plans to float Old Mutual Wealth and Old Mutual Life Assurance Company (South Africa) Limited at the "earliest opportunity" in 2018, after the group's 2017 full-year results.

Old Mutual South Africa Announces Management Changes

Old Mutual South Africa (OMSA) announced the resignation of Bongani Madikiza, Managing Director of Old Mutual's Mass Foundation Cluster (MFC), to take up a new leadership role from the beginning of next year with a subsidiary of Brimstone, one of Old Mutual's Black Business Partners. Khaya Ntozini appointed as new leader of Mass Foundation Cluster (MFC). OMSA also confirmed that Khaya Ntozini, who is the current Managing Director of Old Mutual's Personal Finance segment, will take over the leadership as the new head of MFC. With over 20 years of service at Old Mutual, Ntozini has vast business experience across Old Mutual's sales, distribution and operations functions. Karabo Morule appointed as new leader of Personal Finance segment. OMSA further announced that Karabo Morule, General Manager, Corporate Customer Solutions, is appointed as the new Managing Director of Personal Finance segment to replace Ntozini.

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