OLD MUTUAL PLC - New Appointment to the Old Mutual Group Executive

New Appointment to the Old Mutual Group Executive

       OLD MUTUAL PLC
       ISIN CODE: GB00B77J0862
       JSE SHARE CODE: OML
       NSX SHARE CODE: OLM
       ISSUER CODE: OLOMOL


       Ref 193/16
       14 March 2016


       NEW APPOINTMENT TO THE OLD MUTUAL GROUP EXECUTIVE

       Further to the Company’s announcement on 11 March 2016 regarding the new strategic direction of
       Old Mutual plc (“Old Mutual” or “the Group”), Bruce Hemphill, Group Chief Executive, announces
       today a key appointment to his executive management team.
       
       Rob Leith will join the Group Executive Committee as Director of Managed Separation, responsible
       for the coordinated execution of the managed separation. He will work in partnership with the Group
       Finance Director, Ingrid Johnson and Group Strategy Director, Ian Gladman to deliver the new
       strategy.
       
       Rob joins from a private investment company where he has been since September 2014. Prior to
       that, he was Global Head of Investment Banking and Global Markets of Sberbank CIB. He joined
       Sberbank CIB in January 2012 from Standard Bank, where he had served for over 20 years in the
       UK, latterly as Head of Group Strategic Development and Chief Executive of Global Corporate and
       Investment Banking.
       
       Bruce Hemphill said: “I am delighted that Rob has agreed to join the team. He brings commercial
       wisdom to the complex interrelated set of decisions which will be required as we execute the
       managed separation.”
       
       Rob Leith said: “I am excited to join Old Mutual as it moves into this next important phase of its
       evolution. Old Mutual has four very strong businesses with excellent competitive positions in sizeable
       markets. I look forward to working with the businesses to unlock shareholder value.”


       Enquiries
       External communications
       Patrick Bowes                    UK     +44 20 7002 7440
       Investor relations
       Dominic Lagan                    UK     +44 20 7002 7190
       Sizwe Ndlovu                     SA     +27 11 217 1163

       Media
       William Baldwin-Charles                 +44 20 7002 7133
                                               +44 7834 524833


       Sponsor:
       Merrill Lynch South Africa (Pty) Ltd


       Joint Sponsor:
       Nedbank Capital




INVESTMENT | SAVINGS | INSURANCE | BANKING
       
       Notes to Editors
       
       Old Mutual provides investment, savings, insurance and banking services to 18.9 million customers in Africa, the
       Americas, Asia and Europe. Originating in South Africa in 1845, Old Mutual has been listed on the London and
       Johannesburg Stock Exchanges, among others, since 1999.
       In the year ended 31 December 2015, the Group reported adjusted operating profit before tax of £1.7 billion (on
       an IFRS basis) and had £304 billion of funds under management from core operations (excluding Rogge).
       For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com



       About Rob Leith

       Rob Leith, aged 53, joins from a private investment company where he has been since September 2014. Prior to
       that, he was Global Head of Investment Banking and Global Markets of Sberbank CIB.
       He joined Sberbank CIB (known as Troika Dialog until October 2012) in January 2012 from its former
       shareholder, Standard Bank, where he was Head of Group Strategic Development and Chief Executive of Global
       Corporate and Investment Banking. Mr Leith joined Standard Bank in 1991 and played a key role in the
       development of the group’s business outside South Africa, both organically and through acquisitions. Mr Leith
       was educated at the University of Cape Town. He has dual nationality of the UK and South Africa.




INVESTMENT | SAVINGS |INSURANCE | BANKING

Date: 14/03/2016 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.