Old Mutual Plc - Board Appointment
OLD MUTUAL PLC
ISIN code: GB0007389926
JSE share code: OML
NSX share code: OLM
Issuer code: OLOML
Board Appointment
Old Mutual plc is pleased to announce that Wiseman Nkuhlu has been appointed as
a non-executive director with effect from 1 March 2005.
Professor Nkuhlu (aged 61) is a non-executive director of Old Mutual Life
Assurance Company (South Africa) Limited. A former economic adviser to South
African President Thabo Mbeki, he is Chief Executive of Nepad (New Partnership
for Africa`s Development), the socio-economic renewal programme for Africa. A
Chartered Accountant, Mr Nkuhlu`s previous appointments include the Presidency
of the South African Institute of Chartered Accountants and Chairmanship of the
Development Bank of Southern Africa. He has also previously served on the
boards of a number of major companies, including Standard Bank, SAB Miller,
Tongaat Hulett, BMW and JCI.
Commenting on his appointment, Mike Levett, Chairman of Old Mutual plc, said:
`I am delighted to welcome Wiseman Nkuhlu to the Old Mutual Board.
His knowledge and reputation within South Africa, as well as his business
background and acumen, will make a valuable contribution to our business going
forward and especially as we embrace transformation in South Africa through our
forthcoming BEE ownership deals.`
28 February 2005
ENQUIRIES:
Old Mutual plc UK
Miranda Bellord +44 (0) 20 7002 7133
Old Mutual plc SA
Nad Pillay +27 (0) 21 504 8026
Downloadable photographs are available at
http://www2.oldmutual.com/Media/media_resources/photo_library/index.jsp
For further details about Old Mutual plc visit www.oldmutual.com
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