| Fri 4 Feb 2011, 9:00 | | OML - old mutual plc - Old Mutual appoints Eva Castillo as a non-executive |
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OML
OLOML
OML - old mutual plc - Old Mutual appoints Eva Castillo as a non-executive
director
OLD MUTUAL plc
Issuer code: OLOML
JSE Share code: OML
NSX share code: OLM
ISIN: GB0007389926
Old Mutual plc
OLD MUTUAL APPOINTS EVA CASTILLO AS A NON-EXECUTIVE DIRECTOR
Old Mutual plc ("Old Mutual") is pleased to announce that Eva Castillo has been
appointed today as an independent non-executive director. Ms Castillo has also
become a member of Old Mutual`s Board Risk, Nomination and Remuneration
Committees.
Ms Castillo`s background is in investment banking and wealth management. Most
recently, she led the Global Wealth Management business of Bank of America
Merrill Lynch in Europe, Middle East and Africa from 2006 to 2009. Further
details of her background are contained in the Notes to Editors below.
The Chairman of Old Mutual, Patrick O`Sullivan, said:
"We are delighted that Eva has agreed to join our Board and we look forward to
benefiting from her wide experience."
Eva Castillo commented:
"I am very pleased to be joining the Board of Old Mutual at a most interesting
time in its corporate history."
Pursuant to Listing Rule 9.6.13 (1), details of directorships held by Ms
Castillo in publicly quoted companies during the past five years are set out
below:
Telefonica SA (Spain)
Cesky Telekom (Czech Republic)
Old Mutual confirms that there are no matters relating to Ms Castillo that would
require disclosure under Listing Rules 9.6.13 (2) to (6). Ms Castillo does not
currently have any beneficial interests in shares in Old Mutual or in its
separately listed subsidiary, Nedbank Group Limited.
Enquiries
External Communications
Patrick Bowes UK +44 (0)20 7002 7440
Investor Relations
Deward Serfontein SA +27 (0)82 810 5672
Aleida White UK +44 (0)20 7002 7287
Media
William Baldwin-Charles UK +44 (0)20 7002 7133
Notes to Editors
Eva Castillo
Eva Castillo, 48, who is Spanish, led the Global Wealth Management business of
Bank of America Merrill Lynch in Europe, Middle East and Africa (EMEA) from 2006
to 2009, having held a number of other senior positions in Merrill Lynch from
1997, including as head of Global Markets and Investment Banking in Iberia and
President of Merrill Lynch Spain and, before that, as Chief Operating Officer
for Merrill Lynch EMEA Equity Markets. Previously she had worked for the
International Equities division of Goldman Sachs in London between 1992 and
1997. Her career in the financial services industry began at the Spanish broker
Beta Capital in Madrid, where she worked from 1988 until 1992. She has been a
non-executive director of Telefonica SA since the beginning of 2008. She has
Bachelor of Arts degrees in Business and Law from the Universidad Pontificia de
Comillas - ICADE E3 in Madrid.
Old Mutual
Old Mutual plc is an international long-term savings, protection and investment
Group. Originating in South Africa in 1845, the Group provides life assurance,
asset management, banking and general insurance in Europe, the Americas, Africa
and Asia. Old Mutual plc is listed on the London Stock Exchange and the JSE,
among others.
In the year ended 31 December 2009, the Group reported adjusted operating profit
before tax of GBP1.2 billion (on an IFRS basis) and had GBP285 billion of funds
under management at the year end. The Group has approximately 54,000 employees.
For further information on Old Mutual plc, please visit the corporate website at
www.oldmutual.com
4 February 2011
Sponsor:
Merrill Lynch SA (Pty) Limited
Date: 04/02/2011 09:00:03 Produced by the JSE SENS Department.
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