Peter Moyo is looking into other ways of getting back his job as chief executive officer of South African insurer Old Mutual Ltd after being blocked from gaining access to his office for a third time.<\/p>\n
The 56-year-old returned to Old Mutual\u2019s offices in Johannesburg on Wednesday morning in an attempt to resume his duties only to be shown the door again, his lawyer Eric Mabuza said by phone.<\/p>\n
Moyo at the end of July successfully challenged the insurer\u2019s decision to dismiss him, and has also filed an application to hold the company and its directors in contempt of court.<\/p>\n
\u201cWe are looking at other ways of implementing the court order including approaching the sheriff to enforce the court order on Old Mutual,\u201d Mabuza said.<\/p>\n
Old Mutual is appealing the court\u2019s initial decision that it reinstate the fired CEO, saying there has been an irreparable breakdown in trust between the board and Moyo. Last month, it issued him with a second notice terminating his employment.<\/p>\n
\u201cOld Mutual confirms that Mr Moyo is not permitted nor required to return to work,\u201d the insurer said in an email. The company is asking the court to expedite the appeal \u201cdue to the importance of bringing stability and certainty for its stakeholders,\u201d the company said.<\/p>\n