Published: October 15, 2008
The board of Old Mutual has accepted the resignation of its chief executive, Jim Sutcliffe. Julian Roberts, who has been CEO of Skandia since February 2006 and before that group finance director of Old Mutual, is taking over as new CEO.
Chris Collins, chairman of Old Mutual, says: “On behalf of the board, I would like to express our thanks for the great contribution Jim has made to the group over the past eight years. We wish him well for the future. We are fortunate in having an executive of the calibre of Julian, who is familiar with both the industry and the company.”
Old Mutual has its origin in South Africa but is an international savings and wealth management company, based in the UK.