Old Mutual is ready to fight axed CEO Peter Moyo publicly
Insurer says it will respond fully to allegations in court
Old Mutual is ready to discredit axed CEO Peter Moyo’s court papers to defend its board and chair Trevor Manuel. The insurer, which is due to file papers opposing former CEO Moyo’s bid to be reinstated, said it was looking forward to challenging him in court and has already pre-empted its victory.
“Old Mutual looks forward to delivering a full response to Mr Moyo’s allegations in court on July 16 and is confident in the outcome,” the insurer said in a statement on Friday.