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Deputy Finance Director Appt

19th Jan 2005 11:00

Old Mutual PLC19 January 2005 Old Mutual plc Appointment of Deputy Finance Director Old Mutual plc is pleased to announce the appointment of Richard Hoskins asDeputy Finance Director with effect from 10 January 2005. He will work closelywith Julian Roberts, Group Finance Director, on strengthening the worldwidefinance and risk functions and will particularly head up the programme for theintroduction of International Accounting Standards and European Embedded Valuein 2005. Richard joins from National Australia Bank, where he held a number of seniorpositions before heading up National Australia Bank's insurance business inEurope in 2003. A graduate of Sheffield University, he joined Deloitte in 1985,specialising in the financial services sector. He moved with Deloitte toAustralia in 1989 and worked for a number of high profile Australian companiesincluding Qantas Airways, Lend Lease Corporation and MLC Limited, prior tojoining NAB in 2000. Julian Roberts, Group Finance Director, said: "I am very pleased to welcome Richard to Old Mutual plc. He has stronginternational credentials having worked in the UK, Asia and Australia. He has agood knowledge of insurance issues and insurance accounting and has asophisticated understanding of the asset management business from his time atMLC. He is also very experienced in the compliance, risk management andcorporate governance areas. I am looking forward to working with him as OldMutual continues to develop its business". 19 January 2005 Enquiries: Old Mutual plc UK Miranda Bellord +44 (0) 20 7002 7133 Old Mutual plc SA Nad Pillay +27 (0) 82 553 7980 Notes to Editors: Richard Hoskins is 40, married and lives in the United Kingdom. A summary of hisCV follows: 2000 - present National Australia Bank Ltd 2003 Chief Executive Officer, National Australia Insurance Services 2001 Chief Financial Officer, Wealth Management Europe 2000 Head of Programme Management and Integration, Wealth Management Europe 1998 MLC Limited, Deputy Chief Financial Officer 1997 Lend Lease Corporation Ltd, General Manager, Risk Management 1994 Qantas Airways, General Manager Internal Audit 1993 CSR Limited 1985 Deloitte Touche Tohmatsu 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 Exchange

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