Who we are
Our vision is to be a premier international savings
and wealth management business
What we do
The heart of our business is growing our clients' savings and
wealth, whether through active and direct asset management,
or the selection of funds and managers for our clients to invest
in. Our South African and US asset management business model,
together with our market-leading Skandia open-architecture
model, position us to respond to the growing demand for choice,
transparency and flexibility.
Our innovative life assurance product solutions, addressing both
protection and retirement savings needs, are developed in our
South African business, as well as in our US Life operations.
Nedbank is one of South Africa's leading bank franchises and
serves all levels of the local market. The Group also has banking
operations in other countries in Southern Africa and in Sweden.
Bancassurance is a key part of our asset gathering strategy.
Old Mutual's interest in the general insurance sector is through
its majority shareholding in Mutual & Federal, which provides
general insurance services to the personal and corporate markets in
South Africa, Namibia, Botswana and Zimbabwe.
Well positioned for growth
Southern Africa and Nordic
Our operations in these markets are characterised by strong
brands and market shares, and continue to deliver a high
contribution to returns. Our focus here is to consolidate our
market share by enhancing our product range and increasing
customer satisfaction and loyalty.
USA, UK and Europe
We have a strong position in these markets and their contribution
to the business is growing rapidly. Our aim is to increase our
market share by the development of innovative products and
services and by strong brand differentiation.
High-potential markets Asia Pacific and Latin America
These are rapidly growing markets where we are sowing the
seeds for future returns.They are typically underserved, and
we are increasing our footprint by introducing world-class
products and building brand awareness.
Despite our geographic and cultural diversity, we are bound together by our Group values:
Act honestly and openly and
be trustworthy and consistent
in all that we do. Act in
accordance with the highest ethical standards.
Treat others as we would like
to be treated - value and learn
from the strength of our diversity.
Actively listen to others and
recognise that everyone has
a contribution to make.
Take responsibility for the
commitment that we make,
actions we perform and
problems that occur. Accept that
we will be judged on these.
Pushing Beyond Boundaries
Strive as individuals, as a team
and as an organisation to break
new ground and achieve higher
levels of performance, reaching
to the depth of our abilities.