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Old Mutual, which is readying itself to re-enter the banking industry, surged 10% on Friday, the highest in just over a month, after announcing that fintech entrepreneur Jurie Strydom will replace Iain Williamson as CEO.
Strydom will work alongside Williamson until the conclusion of the group’s AGM on May 30, and will become CEO on June 1.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
STOCK HIGHLIGHT: Old Mutual soars
Old Mutual, which is readying itself to re-enter the banking industry, surged 10% on Friday, the highest in just over a month, after announcing that fintech entrepreneur Jurie Strydom will replace Iain Williamson as CEO.
Strydom will work alongside Williamson until the conclusion of the group’s AGM on May 30, and will become CEO on June 1.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.