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Exchange Square (also known as Old Mutual) is a skyscraper at 69 President Street in the Central Business District of Johannesburg, South Africa. It was built in 1975 and is 29 storeys (406.80 ft.) tall.
The Old Mutual business has a long history. In 1845 John Fairbairn (a Scot) founded "The Mutual Life Assurance Society of the Cape of Good Hope" in Cape Town.Over the next 100 years the business was to evolve significantly, changing its name in 1885 to the "South Africa Mutual Life Assurance Society", but becoming familiarly known simply as "The Old Mutual", so as to distinguish it from newer ...
In 2013, Old Mutual strengthened operations in Africa with the acquisition of Provident Life Assurance in Ghana [16] and Oceanic Life in Nigeria. [17] Also in 2013, Old Mutual acquired the Fairheads Trust Company, one of the oldest trust companies in South Africa, [18] and established the Old Mutual Wealth Trust Company. [19]
The building is the former head office of Trust Bank of South Africa, and as such has one of the largest bank vaults in South Africa. The building was sold in February 2003 for Rand 6.4 million (USD $640.000), which may prompt the name to be changed to that of the new tenant. 11 Diagonal Street is a skyscraper in Johannesburg, South Africa. It ...
This is a list of commercial banks and other credit institutions in South Africa, as updated late 2024 by the Reserve Bank of South Africa. [ 1 ] [ 2 ] List of commercial banks
Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa.UAP Holdings is one of the leading insurance and financial services groups in eastern Africa with a network of branches and operational subsidiaries spread across the greater eastern and central Africa regions.
Old Mutual Centre is a skyscraper in Durban, South Africa. The 33 story building was completed in 1995. [1] See also. Skyscraper design and construction;
In 2014 Old Mutual acquired a controlling 67 percent interest in Faulu Kenya, the second-largest microfinance bank in Kenya, whose stock is privately held, for a sum of KSh3.6 billion (approx. US$40 million). [4] [5] In early 2015, Old Mutual, spent a total of US$253.1 million (KSh 23.1 billion) to acquire 60.66 percent shareholding in UAP ...