The Board has ten members, with two executive and eight non-executive directors. Professor Nkuhlu joins the Board as an additional non-executive director on 1 March 2005
|MIKE LEVETT (65) 2 |
B.Com., D.Econ.Sc. (hc), FIA, FFA, FASSA, is non-executive Chairman, having previously held the role of Chairman and Chief Executive until October 2001. He has also been Chairman of the Nomination Committee since February 2003. He joined the Group in 1959. He is a non-executive director of Barloworld Limited, Central Africa Building Society, Mutual & Federal Insurance Company Limited and Old Mutual South Africa Trust plc.
| JIM SUTCLIFFE (48) 2 |
B.Sc., FIA, became Chief Executive in November 2001, having been appointed to the Board as Chief Executive of the Group’s life businesses in January 2000. He is also a non-executive director of Nedcor Limited and of Nedbank Limited. Before joining the Group, he was Chief Executive, UK, of Prudential plc and Chief Operating Officer of Jackson National, Prudential’s US subsidiary.
| JULIAN ROBERTS (47) |
B.A., FCA, MCT, is Group Finance Director, a position he has held since joining the Group in August 2000. He is also a non-executive director of Mutual & Federal Insurance Company Limited and of Nedcor Limited. He was formerly Group Finance Director of Sun Life & Provincial Holdings PLC. Before joining Sun Life & Provincial Holdings PLC, he was a director and Chief Financial Officer of Aon UK Holdings Limited.
| NIGEL ANDREWS (57) 1, 2, 3 |
B.Sc., MBA, has been a non-executive director of the Company since June 2002. He is a non-executive director of the Company’s principal US holding company, Old Mutual (US) Holdings, Inc. and chairs that company’s Remuneration Committee. He is non-executive Chairman of Great Lakes Chemical Corporation, a member of the board of the Victory Funds and a governor of the London Business School. Previously he was an Executive Vice President and member of the office of the CEO of GE Capital, having spent 13 years with The General Electric Company Inc.
| RUDI BOGNI (57) 1, 2 |
D.Econ. (Bocconi), has been a non-executive director of the Company since February 2002. He chairs the Actuarial Review Committee. He is Chairman of Medinvest International SCA, Luxembourg and of the International Advisory Board of Oxford Analytica. He is also a member of the boards of the LGT Foundation, Common Purpose International Limited and Prospect Publishing, and of the governing council of the Centre for the Study of Financial Innovation. He served previously as a member of the Executive Board and Chief Executive, Private Banking of UBS AG, and before that he was Group Treasurer and a member of the Executive Committee of Midland Bank plc.
| NORMAN BROADHURST (63) 1, 2, 3 |
FCA, FCT, has been a non-executive director of the Company since March 1999 and will succeed Mr Collins as senior independent non-executive director in May 2005. He chairs the Group Audit Committee. He was Group Finance Director of Railtrack plc from 1994 to 2000. He is Chairman of Freightliner Limited and of Chloride Group plc. He is also a non-executive director of Cattles plc, Tomkins plc and United Utilities plc.
| WARREN CLEWLOW (68) 2 |
OMSG, CA(SA), D.Econ. (hc), has been a non-executive director of the Company since March 1999. He became Chairman of Nedcor Limited in May 2004, having previously been its Deputy Chairman. He has also been Chairman of Barloworld Limited since 1991. He was previously Chief Executive of the Barloworld group and has managed many of its various divisions. He is also a non-executive director of Sasol Limited.
| CHRISTOPHER COLLINS (65) 1, 2, 3 |
FCA, has been a non-executive director of the Company since March 1999 and became the senior independent non-executive director in February 2003. He chairs the Remuneration Committee. He has been Chairman of Hanson PLC since 1998, a position that he will be relinquishing in April 2005 before succeeding Mr Levett as non-executive Chairman of the Company following the Annual General Meeting in May 2005. He is Chairman of Forth Ports PLC and a non-executive director of The Go-Ahead Group plc and of Alfred McAlpine PLC.
| RUSSELL EDEY (62) 1, 2 |
FCA, has been a non-executive director of the Company since June 2004. He is deputy chairman of N M Rothschild Corporate Finance Limited, a non-executive director of FKI plc and Chairman of Anglogold Ashanti Limited. He previously served on the boards of English China Clays plc, Wassall plc, Northern Foods plc and Express Dairies plc. His career began in the Finance Division of the Anglo American Corporation of South Africa Limited in Johannesburg. In the 1970s he was General Manager – Corporate Finance of Capel Court Corporation in Melbourne. He joined Rothschild in 1977 and was Head of Corporate Finance from 1991 to 1996.
| MICHAEL MARKS (63) 2, 3 |
CBE, has been a non-executive director of the Company since February 2004. He is one of the founding partners of New Smith Capital Partners LLP and is also a non-executive director of RIT Capital Partners PLC. Until February 2003 he had held a number of senior roles with Merrill Lynch, including Executive Chairman of Merrill Lynch Europe, Middle East and Africa and Executive Vice-President of Merrill Lynch & Co. Prior to joining Merrill Lynch in 1995, he had been Chairman of Smith New Court PLC, having earlier been responsible for the international operations of that company in New York, Hong Kong, Singapore and South Africa. He was also formerly a non-executive director of the London Stock Exchange, Chairman of the London Investment Banking Association and Vice-President of the British Bankers’ Association.
| WISEMAN NKUHLU (61) |
B.Com., CTA, MBA, has been appointed as a non-executive director from 1 March 2005. He is a qualified chartered accountant, Chief Executive of the New Partnership for Africa's Development and a former economic adviser to South African President Thabo Mbeki. He is also a non-executive director of the Company's South African life subsidiary, Old Mutual Life Assurance Company (South Africa) Limited. His previous appointments include presidency of the South African Institute of Chartered Accountants and chairmanship of the Development Bank of Southern Africa.
1 Member of the Group Audit Committee
2 Member of the Nomination Committee
3 Member of the Remuneration Committee