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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]
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.
The headquarters of Old Mutual East Africa Group are located in the 33-storey Old Mutual Tower, located on Hospital Road, in Upper Hill, Nairobi, about 3 kilometres (2 mi), southwest of the city's central business district. [2] The coordinates of the company headquarters are: 01°17'56.0"S, 36°49'10.0"E (Latitude:-1.298889; Longitude:36.819444).
South Africa is the southernmost country in Africa. It is the 25th-largest country in the world by land area, and with close to 60 million people, is the world's 24th-most populous nation. The World Bank classifies South Africa as an upper-middle-income economy, and a newly industrialised country. [1] [2] Its economy is the largest in Africa ...
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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 ...
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