Old Mutual appoints independent non-executive director

Dually-listed financial giant, Old Mutual Limited, has appointed a professor of digital business, Brian Armstrong of Wits Business School, independent non-executive director with immediate effect.

Listed on both the Johannesburg Stock Exchange and Zimbabwe Stock Exchange, Old Mutual is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets segments in 14 countries.

Old Mutual’s primary operations are in South Africa and the rest of Africa, and have a niche business in China.

“In compliance with rule 3.59 of the JSE Listings Requirements, Old Mutual is pleased to announce that Professor Brian Armstrong has been appointed as an independent non-executive Director of Old Mutual with immediate effect,” said the group in a notice posted on the ZSE website this week. 

“Brian is an accomplished business executive with more than 30 years national and international experience, in Telecommunications, Information Technology, Systems Engineering and Technology Research and Development and will serve, inter alia, as a member of the Board’s Technology and Platforms committee.”

Armstrong is lecturing a Master’s Degree in Digital Transformation and prior to his current role, he served in various senior executive roles, which included seven-year tenure at Telkom including the roles of Group Chief Operating officer and Group Chief Commercial Officer.

“His extensive Information Communication Technology knowledge is underpinned by the experience he gained in various roles as an executive director, non-executive director and Chairman on boards of listed and unlisted entities throughout his career,” said the group.

“Brian consults widely to industry and government on technological disruption, strategy in a digital world, digital transformation and platforms, as well as the 4th Industrial Revolution and its socio-economic impacts.   The Old Mutual Limited Board would like to welcome Brian as a director and look forward to working with him.”

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