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Old Mutual Ltd

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R 750.00(ZAR) estimated $ 47.46 (USD)*

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Old Mutual Ltd Organogram

Old Mutual Ltd is the holding company for a group that provides financial services and solutions to retail and corporate customers in South Africa and the rest of Africa, and has businesses in Latin America and China. It serves over 13.9 million customers in South Africa, through a network of 365 branches. To date, the group has opened over 1 million Money Accounts. The company has exposure to property assets through its investments in investment property and owner occupied properties in South Africa, Rest of Africa and Eastern Europe. The company operates through the following segments: • Mass and Foundation Cluster - provider of financial services to customers in the low and lower middle income market. • Personal Finance and Wealth Management - provides financial advice on long term savings, range of insurance, investment solutions and risk products to the middle income market. • Old Mutual Investments - providing asset management solutions, and services to retail and institutional investors financial solutions to retail and corporate customers. • Old Mutual Corporate - provides group risk, investments, annuities and consulting services to employer sponsored retirement and benefit funds. • Old Mutual Insure - provides property and casualty insurance, as well as trade credit insurance through Credit Guarantee Insurance Corporation (GCIC). • Rest of Africa - provides life and savings, property and casualty insurance, asset management, banking and lending services to government institutions, retail and corporate customers, across 3 regions (12 countries): Southern Africa, East Africa and West Africa. As at 31 December 2019, the value of the group owner-occupied properties was valued at R33.61bn, whilst Old Mutual's rental from investment properties was R3.02bn.