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Appointments part of plan ‘to drive co-operation between South African and Sub-Saharan African businesses’ INSURER Old Mutual said on Tuesday it had appointed the CEO of its South Africa-based emerging-markets division, Ralph Mupita, and two other executives to its group executive committee.This is part of a plan to drive closer co-operation between the group’s South African and sub-Saharan African businesses.Old Mutual, which has set aside R5bn for expansion in Africa, also said that Paul Hanratty, the former CEO of long-term savings, had been appointed as group operating officer and would chair Old Mutual’s Africa Co-operation Council, which covers Nedbank, Mutual & Federal and Old Mutual Emerging Markets.The other two executives to be appointed to the group executive committee are Paul Feeney, CEO of Old Mutual Wealth, and Carlton Hood, who is group customer director.Old Mutual said Mr Hanratty would be responsible for Mutual & Federal and continue to look after Old Mutual Emergi...
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