OLD MUTUAL PLC - Appoints Albert Essien as Non-Executive Director of Old Mutual Emerging Markets

Appoints Albert Essien as Non-Executive Director of Old Mutual Emerging Markets

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


       Ref 476/15
       24 June 2015


       OLD MUTUAL APPOINTS ALBERT ESSIEN AS NON-EXECUTIVE DIRECTOR OF OLD
       MUTUAL EMERGING MARKETS

       Old Mutual plc is delighted to announce that Albert Essien has agreed to join the Boards of Old
       Mutual Emerging Markets and Old Mutual Africa as a Non-Executive Director, effective 1 October
       2015.

       Albert recently retired as Group Chief Executive Officer of Ecobank Group, the largest independent
       pan-African banking institution, having served in this capacity since March 2014, and after 25 years
       with the Ecobank Group. He has held several senior positions including Deputy Group Chief
       Executive Officer, in addition to serving as Group Executive Director for Corporate Bank & Investment
       Bank.

       Paul Hanratty, Chairman of Old Mutual Emerging Markets and Group Chief Operating Officer, said:

       “Old Mutual Group has a long-standing relationship with Albert. I am delighted that he has agreed to
       join us in a non-executive capacity to provide his guidance as we continue our progress in building an
       African financial services champion. He brings to us rich technical and cultural expertise and
       capabilities, which are increasingly important to our successful long-term investment in the various
       sub-Saharan markets.”

       Ralph Mupita, Chief Executive Officer of Old Mutual Emerging Markets, said:

       “Albert’s experience provides us with important additional skill sets in our expansion programme. With
       the benefit of his broad knowledge of the markets in which he has operated, he can help us proceed
       with appropriate respect and sensitivity. I look forward to working with him in his new role.”



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       Dominic Lagan                   UK      +44 20 7002 7190
       Sizwe Ndlovu                    SA      +27 11 217 1163

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       Sponsor:
       Merrill Lynch South Africa (Pty) Ltd


       Joint Sponsor:
       Nedbank Capital


       Notes to Editors
       Old Mutual provides investment, savings, insurance and banking services to more than 17 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 2014, the Group reported adjusted operating profit before tax of £1.6 billion (on
       an IFRS basis) and had £319 billion of funds under management from core operations.
       
       For further information on Old Mutual plc, please visit the corporate website at www.oldmutual.com




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