On Monday, 30 April, Old Mutual’s symbolic journey from London to Africa began. As part of the lead-up to the primary listing of Old Mutual Limited (OML) on the Johannesburg Stock Exchange (JSE) on 26 June 2018, Old Mutual commissioned the creation of a symbol of the strategic relocation of Old Mutual’s headquarters from London to Africa.
Carved from wood, the statue depicts the three anchors powerfully connected to the African continent. To spread the ‘Anchored in Africa’ message, there will be a roadshow to accompany the Anchors statue as it takes a symbolic journey.
As part of its journey to listing on the Johannesburg Stock Exchange, Old Mutual is hosting several engagements for employees and stakeholders across the 13 African countries in which it operates, including Eswatini. On 1 June 2018 Old Mutual hosted its “Anchoring in Africa” roadshow in the Kingdom of Eswatini at Happy Valley Hotel, which was graced by the presence of Old Mutual Limited Human Capital Director, Celiwe Ross and Old Mutual Swaziland Board Chairman, Gim Victor.
The roadshow traces the journey that the financial services group has embarked on from its headquarters in London, through 13 African countries, to Johannesburg. The aim of the roadshow is to share the excitement and significance of its listing on African soil, and also to discuss the latest developments in its business.
“This is an immensely exciting time for our company and a real cause for celebration and pride. We are very pleased to be hosting the Eswatini Anchored in Africa roadshow and receiving the Anchors statue that has travelled all the way from London is truly a great honour” echoed Muzi Bell, CEO of Old Mutual Swaziland.
“We are one step closer to bringing Old Mutual home to Africa with a primary listing on the Johannesburg Stock Exchange and secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges,” says Peter Moyo, CEO of Old Mutual Limited.
Old Mutual will continue to play a significant role in regional socio-economic development, and in the lives of our customers, employees and communities as it has done for the past 173 years.
The proposed listing of Old Mutual Limited as an independent, standalone entity will allow the group to unlock shareholder value, create a business with a strong, strategic focus on sub-Saharan Africa and solidify its aim to be the leading financial services business in Africa.