12 Facts About Old Mutual

Old Mutual Limited is a pan-African investment, savings, insurance, and banking group.

In 1956, Old Mutual relocated its head office to Mutualpark in Pinelands, at that time the largest office block in the southern hemisphere.

Later in 2000, Old Mutual purchased United Asset Management, based in Boston, for US$1.

Old Mutual announced its Black Economic Empowerment deal in Namibia.

In 2011, Old Mutual sold US Life to Harbinger Group Inc for $350 million.

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In 2013, Old Mutual strengthened operations in Africa with the acquisition of Provident Life Assurance in Ghana and Oceanic Life in Nigeria.

Also in 2013, Old Mutual acquired the Fairheads Trust Company, one of the oldest trust companies in South Africa, and established the Old Mutual Wealth Trust Company.

Later in 2014, Old Mutual Wealth sold Skandia Germany, Skandia Austria and Skandia Poland.

May 2015 saw Old Mutual celebrating 170 years of operations and Bruce Hemphill becoming Group Chief Executive in November.

Additionally, in 2017 Old Mutual completed the sale of Indian-based Kotak Mahindra Old Mutual Life Insurance Ltd.

Old Mutual participates in the United Nations Global Compact, as well as the Carbon Disclosure Project.

Old Mutual Amazing Voices is a pan-African music competition reality television series produced by Destiny TV and launched by Old Mutual for DStv and M-Net's various local interest channels across Africa in their respective regions.