Old Mutual appoints head of managed separation

Firm to split into four divisions

Laura Dew
clock • 1 min read

Old Mutual has hired Rob Leith to lead the 'managed separation' of the firm's four businesses.

Last week, it was announced the FTSE-100 listed group was to embark on a 'managed separation' of its various divisions. The four key businesses are: Old Mutual Emerging Markets; Old Mutual Wealth (led by Paul Feeney) which includes asset management arm Old Mutual Global Investors; Nedbank Group and OM Asset Management in the US. The group has now appointed Leith to the group executive committee as director of managed separation. He will work on ensuring the managed separation is executed smoothly and will work alongside group finance director Ingrid Johnson and group strategy direc...

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