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By 1999, it was demutualised and the company listed on the London, Johannesburg, Zimbabwe, Malawi and Namibian Stock Exchanges as Old Mutual. Old Mutual also established a head office in London. [6] In 2000, it bought the Gerrard Group, a financial services concern, for $857 million. [9]
NICO Holdings' headquarters are in Blantyre, Malawi, with operating presence in six African countries i.e. Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. [2] The group offers a wide range of financial products and services which include: asset management, life assurance, retirement planning, general insurance, health insurance, banking, information technology and property management.
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.
In 2007, she joined Old Mutual Malawi Limited. From 2011 Edith Jiya was the general manager of Old Mutual Life Assurance Company Malawi Limited, a subsidiary of Old Mutual Malawi Limited, serving there until 2015. In 2015, she was appointed as Acting Group CEO at Old Mutual Malawi Limited. [2] [3]
In 1986, Old Mutual became the major shareholder (53%) of Nedbank. [4] In 1992, Syfrets, UAL Merchant Bank, and Nedbank Investment Bank Division merged to become Nedcor Investment Bank (NIB). Old Mutual, Nedcor's holding company, was demutualised and listed on the London Stock Exchange in 1999. [5]
Malawi Posts Corporation (MPC) Industrials Delivery services Blantyre [4] 1998 [5] Postal service S A Malawi Savings Bank: Financials Banks Blantyre: 2009 Defunct 2015 P D Malawi Stock Exchange: Financials Investment services Blantyre: 1996 Exchange P A National Bank of Malawi: Financials Banks Blantyre: 1971 Bank P A NICO Holdings: Financials ...
Press Corporation Limited, also Press Corporation Plc, is a business conglomerate, partly owned by Press Trust, a sovereign trust fund, of the government of Malawi, that is outside of the direct control of the Malawian government. [2]
As well as in the UK, Old Mutual Wealth had operations in Europe and various international markets, overseeing £78.5 billion in customer investments. [4] Paul Feeney was the Chief Executive Officer of Old Mutual Wealth. [5] In March 2012 Old Mutual sold the Nordic businesses (Sweden, Denmark, Norway) to the Swedish-based Skandia Liv, a partly ...