28th Feb 2005 07:05
Old Mutual PLC28 February 2005 Old Mutual plc Board Appointment Old Mutual plc is pleased to announce that Wiseman Nkuhlu has been appointed asa non-executive director with effect from 1 March 2005. Professor Nkuhlu (aged 61) is a non-executive director of Old Mutual LifeAssurance Company (South Africa) Limited. A former economic adviser to SouthAfrican President Thabo Mbeki, he is Chief Executive of Nepad (New Partnershipfor Africa's Development), the socio-economic renewal programme for Africa. AChartered Accountant, Mr Nkuhlu's previous appointments include the Presidencyof the South African Institute of Chartered Accountants and Chairmanship of theDevelopment Bank of Southern Africa. He has also previously served on the boardsof a number of major companies, including Standard Bank, SAB Miller, TongaatHulett, 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 knowledgeand reputation within South Africa, as well as his business background andacumen, will make a valuable contribution to our business going forward andespecially as we embrace transformation in South Africa through our forthcomingBEE ownership deals." 28 February 2005 ENQUIRIES: Old Mutual plc UKMiranda Bellord +44 (0) 20 7002 7133 Old Mutual plc SANad 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 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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