Fundz

Old Mutual Appoints Clarence Nethengwe as CEO-designate of New Banking Business

PRIVATESep 13, 2024

Position

Chief Executive Officer

Company

Old Mutual Life Assurance Company Ltd

Clarence Nethengwe
cnethengwe@oldmutual.com
Financial ServicesFinance

Description

Old Mutual has appointed Clarence Nethengwe, a company veteran with over 15 years of experience, as the CEO-designate of its new banking business. Nethengwe has been instrumental in developing the initial business case and appointing key executives for the new bank. The insurer also announced the resignations of Rolf Eichweber, the previous CEO of the bank, and Royden Volans, the former chief operations officer for the project.

Quick answer

Old Mutual Appoints Clarence Nethengwe as CEO-designate of New Banking Business (September 13, 2024).

Who is the new Chief Executive Officer at Old Mutual Life Assurance Company Ltd?
Old Mutual Life Assurance Company Ltd named Clarence Nethengwe Chief Executive Officer, announced September 13, 2024.
What did Old Mutual Life Assurance Company Ltd announce on September 13, 2024?
Old Mutual has appointed Clarence Nethengwe, a company veteran with over 15 years of experience, as the CEO-designate of its new banking business. Nethengwe has been instrumental in developing the initial business case and appointing key executives for the new bank.
What does Old Mutual Life Assurance Company Ltd do?
Old Mutual Life Assurance Company Ltd is a subsidiary of Old Mutual Holdings Plc.
Which similar companies made leadership changes around the same time?
Bybit (September 13, 2024), BDC Capital (September 14, 2024), Aegon Levensverzekering (September 13, 2024) and Forum Markets Incorporated (September 12, 2024) also announced leadership changes within 45 days of Old Mutual Life Assurance Company Ltd.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Old Mutual Life Assurance Company Ltd, and when

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Company Information

Company

Old Mutual Life Assurance Company Ltd

About

Old Mutual Life Assurance Company Ltd is a subsidiary of Old Mutual Holdings Plc. It provides long-term life insurance solutions and is now undergoing a merger process. The company focuses on enhancing customer experience in the insurance sector. It will continue to honor existing policies through the acquiring entity.

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Old Mutual Life Assurance Company Ltd changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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