Finance · South Africa
Old Mutual CEO Update: Bank Launch and Board Changes
Moneyweb · 2026/03/18
Summary
Old Mutual's CEO Jurie Strydom recently shared updates about the company’s progress, highlighting the launch of Old Mutual Bank in September. The bank is growing quickly, attracting around 3,000 new customers every day. This strong start shows that many South Africans are interested in what Old Mutual Bank has to offer. Besides the banking expansion, there are also changes happening within the company’s board to guide Old Mutual’s future development and strengthen its leadership. These moves aim to support the company’s growth and improve its services for customers.
OnABudget takeaway: The rapid growth of Old Mutual Bank means more banking options for consumers, while the company’s leadership changes could lead to better financial services and products. This is good news for everyday customers and small businesses looking for reliable banking solutions.