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  September 5, 2001
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Home > Company Index > Insurance > Life Insurance > Old Mutual plc

Old Mutual plc
 PROFILE
The name belies its demutualized status: Old Mutual is a financial services group doing the majority of its business in South Africa. The firm's life insurance unit writes life, disability, and health coverage and provides investment services. Old Mutual's asset management products include fund management and trust services in South Africa and brokerage in the UK. The company also offers general insurance. The banking unit has retail and commercial operations in Asia and the UK as well as South Africa, where its Nedcor subsidiary is the #3 bank. Old Mutual bought UK brokerage Gerrard Group and landed across the Atlantic with its purchase of United Asset Management in the US.

 COMPETITION
Anglo American plc (AAUK)
CGNU plc (CGNU)
Standard Bank Investment Corporation Limited (SBC)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
1999 Sales (mil.): 12,085.00
1-Yr. Sales Growth: (31.7)%
Employees: 40,539
Revenue per employee: $298,107.99

 KEY PEOPLE
• Michael J. Levett
    CEO
• Julian Roberts
    CFO

 CONTACT INFO
3rd Floor, Lansdowne House, 57 Berkeley Square
London W1J 6ER, United Kingdom
Phone: 44-207-100
Fax: 44-207-200
Online: Web Site

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