GROUP EXECUTIVE COMMITTEE

From left to right: Paul Maddox; Julian Roberts; Andrew Birrell; Philip Broadley; Thomas Boardman; Paul Hanratty; Thomas Turpin; Don Hope

In addition to the Group Chief Executive and the Group Finance Director, there are 7 other positions of the Group Executive. The Committee meets regularly to address strategic issues, to review the Group's progress against its business plan for the year and to discuss other high-level matters affecting the Group's performance or prospects.

Julian Roberts (51), B.A., F.C.A., M.C.T. 2
Group Chief Executive

Julian succeeded Jim Sutcliffe as Group Chief Executive in September 2008. He was previously Chief Executive of the Group's Skandia businesses and originally joined the Company as Group Finance Director in August 2000. Prior to joining the Company, he was Group Finance Director of Sun Life & Provincial Holdings plc. Before that, he was a director and Chief Financial Officer of Aon UK Holdings Limited.

Philip Broadley (48), M.A., F.C.A.
Group Finance Director

Philip joined the Company as Group Finance Director on 10 November 2008, succeeding Jonathan Nicholls. He was previously Group Finance Director of Prudential plc from 2000 until March 2008. Prior to joining Prudential, he was a Partner of Arthur Andersen from 1993 to 2000. He has been Chairman of the 100 Group of Finance Directors, a founding member and trustee of the CFO Forum of European Insurance Company Finance Directors, and a member of the IASB's Insurance Working Group. He is a member of the Code Committee of the Takeover Panel.

Andrew Birrell (39), B.Bus. Sc (Hons), FASSA, FFA, ASA
Head, Risk and Actuarial

Andrew joined Old Mutual in August 2007, as Chief Risk Officer and was appointed Group Chief Actuary in July 2008. Previously he was Chief Operating Officer and Chief Financial Officer at Investec Securities. Prior to this he was Chief Financial Officer at Capital Alliance Holdings. His early career was at Metropolitan Life, where he held various positions. Andrew is a Fellow of the Faculty of Actuaries, Fellow of the Actuarial Society of South Africa and an Associate of the Society of Actuaries.

Thomas Boardman (59), B.Com, CA(SA)
Chief Executive, Nedbank Group

Tom was appointed Chief Executive of Nedbank Group Limited and Nedbank Limited in October 2003. He was previously Chief Executive and an executive director of BoE Limited. He was the founding shareholder and Managing Director of retail housewares chain Boardmans. Prior to this he was a director of Blaikie Johnson Limited, Managing Director of Sam Newman Limited and worked for the Anglo American Corporation for three years. He is a non-executive director of Mutual & Federal Insurance Company Limited and The Banking Association of South Africa, and serves as a trustee of a number of charitable foundations.

Paul Hanratty (47), B.Bus Sc. (Hons), FIA
Head, Long-Term Savings and Managing Director, Old Mutual South Africa

Paul has been with Old Mutual South Africa (OMSA) since 1984. He is a fellow of the Institute of Actuaries and has held a number of roles at Old Mutual. These included Head of Product Development, General Manager, Finance and Actuarial and Head of the Retail business of OMSA. He joined the Board of the OMSA life business in 2003 and became the Managing Director in 2006.

Don Hope (52)
Head, Strategy Development

Don joined Old Mutual as Group Treasurer in May 1999, with responsibility for developing the Group's international treasury function. He was appointed to the current role of CEO of Old Mutual (Bermuda) Limited in August 2008. Don was Chairman of the Intech Fiduciaries Ltd and the Old Mutual Australia Ltd boards until their sale from the Old Mutual Group, a role he assumed in November 2007. Before joining Old Mutual, Don was Group Treasurer of Eagle Star Holdings plc, a subsidiary of B.A.T. Industries plc.

Paul Maddox (48), M.A., FSA
Head, Strategic Implementation

Paul joined Old Mutual in February 2009 (on a longterm secondment) from Ernst & Young where he was the Partner in charge of the Programme Advisory Services practice. Paul has spent the last 20 years as a management consultant delivering major change programmes in Financial Services. From 2002 to 2005, Paul led the trial and rollout of the highly successful Chip & PIN Programme for all of the UK's banks and retailers, and the Home Office. Paul started his career by qualifying as a Chartered Accountant with Deloitte Haskins and Sells.

Thomas Turpin (48), BS (Accounting)
President and Chief Executive Officer, Old Mutual Asset Management (US)

Thomas was appointed President and Chief Executive Officer, Old Mutual Asset Management (US) in June 2008. He previously served as Chief Operating Officer of Old Mutual (US). Prior to that, he was Managing Director and Head of Defined Contribution Plans as well as Chief Administrative Officer for Institutional Management, Defined Contribution, and Retail Businesses of Putnam Investments. From 1982 to 1993 he held a variety of leadership positions with The Boston Company. He is a member of the board of directors of several affiliated companies and investment fund structures.

The process for appointing a Group Human Resources Director is ongoing. The person appointed will join the Group Executive Committee.