Edmond Warner Appointed Chief Executive Of Old Mut
OLD MUTUAL PLC
("Old Mutual" or "the Group")
Edmond Warner appointed Chief Executive of Old Mutual's UK businesses
Jim Sutcliffe, Old Mutual's Chief Executive (designate), today announced
that Edmond Warner has been promoted to Chief Executive of Old Mutual
Financial Services ("OMFS"), with responsibility for all the Group's UK
businesses. Edmond was previously Chief Executive of the Group's
institutional stockbroking subsidiary, Old Mutual Securities.
In addition to Old Mutual Securities, OMFS comprises a number of other major
UK businesses, including Gerrard - the UK's leading private client
stockbroker - GNI and OMAM (UK). The UK businesses employ a combined total
of 2,500 staff, with funds under management of 20 billion.
Edmond Warner, 38, joined Old Mutual Securities in August 1999 from BT Alex.
Brown, where he was Managing Director and Head of Pan-European Equities. His
career has been spent entirely in the City, starting as a fund manager
before moving into research, including the position of Head of Global
Research at Dresdner Kleinwort Benson. As an investment strategist, he has
achieved top rankings in the major surveys of fund managers.
Under Warner's leadership, Old Mutual Securities has grown into one of the
UK's major institutional stockbrokers and corporate finance advisers
specialising in small and mid cap companies. The firm currently advises
more than 100 quoted companies.
Jim Sutcliffe, Chief Executive (designate) of Old Mutual, says:
"Ed's considerable experience in stockbroking has helped integrate and
develop Old Mutual Securities over the past two years and I am delighted
that he will now be taking on a much wider role. I look forward to working
closely with Ed to build on the Group's strong position in the UK."
4 September 2001
ENQUIRIES:
Old Mutual plc Tel: +44 (0) 20 7569 0100
James Poole
College Hill Tel: +44 (0) 20 7457 2020
Gareth David Email:
gareth.david@collegehill.com
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
