Old Mutual appoints new CEO

Old Mutual has appointed Jurie Strydom as its new chief executive, subject to the requisite regulatory approvals.

Strydom will be taking over current lead Iain Williamson, who will would retire as CEO and executive director on 31 August 2025.

Williamson has spent 32 years with the Old Mutual Group, the last five as CEO.

To ensure a smooth transition, Strydom will begin working closely with Williamson until Old Mutual’s Annual General Meeting (AGM) concludes on 30 May 2025

The group said he will officially assume the CEO role on 1 June 2025.

Williamson, meanwhile, will continue as board director until the conclusion of the AGM; and then remain available to advise and support the CEO and board until his retirement.

Strydom is currently an Independent non-executive director on the Old Mutual Board.

He is a qualified actuary and graduate of the University of Cape Town, and holds an MBA from the Massachusetts Institute of Technology and qualified as a Chartered Financial Analyst (CFA) from the CFA Institute in the United States.

Old Mutual said Strydom is highly experienced with decades of top management and board experience in financial services and insurance.

He previously served as CEO of Sanlam Life and Savings, Regent Insurance Group, Alexander Forbes Life, and was Executive Director at Imperial Holdings.

Old Mutual chairperson, Trevor Manuel, said Strydom will be key in implementing the company’s strategic priorities, and will enhance the group’s market position and grow profitablity.

“As CEO, his well-established network of strategic relationships will continue to benefit Old Mutual,” he said.