21 September 2017

Zimbabwe: Old Mutual Launches Fourth Green Zone

Old Mutual (OM), on Monday launched its fourth Green Zone in Zimbabwe, at the Group's Mutual Gardens head office in Harare.

The event was attended by local business leaders, current and retired Old Mutual CEOs and the group's top clients.

Notable among the retired leaders were former Old Mutual and CABS executives who included former chief executive officers Luke Ngwerume, Joe Hermann, Graham Hollick and past chairman Muchadei Masunda.

Guest of honour Graham Hollick -- who was Old Mutual's chief executive from 1998 to 2004 -- said Old Mutual has always been a market leader in the financial services sector and the market has always had high levels of confidence in the company.

"Whatever (Old) Mutual does, it turns out to be the biggest, from a life company, to the building society, to asset management, to unit trusts, to short-term insurance . . . you have to say that you must be doing something right as Old Mutual," said Hollick.

He added: "I was fascinated to hear that we want to develop a world class organisation. I would actually change that and say you, in Zimbabwe, do have a world class organisation."

Current Group and Rest of Africa CEO Jonas Mushosho stressed OM's perseverance under difficult conditions.

"We have come out of all that over the past 120 years and through it all, this organisation has become a national icon and we want to continue like that," he said.

Guests toured the new Green Zone after the official cutting of the ribbon by the guest of honour. With two in Harare, one in Zvishavane and another in Bulawayo, Old Mutual Green Zones are designed to be a "one stop shop" for all services of Old Mutual subsidiaries.

They are a modern, client-centred facility, with an integrated approach to improving the client experience.

Two more Green Zones are expected to be opened before the end of the year.

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