South Africa News: Old Mutual Confirms New CEO After Battle

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Old Mutual Ltd. named acting Chief Executive Officer Iain Williamson as the African insurer’s permanent head after winning a legal battle against Peter Moyo, who tried to get the CEO job back following his dismissal.

Williamson’s appointment follows a “comprehensive global search,” the Johannesburg-based company said in a statement on Friday. The actuary has spent almost three decades at Old Mutual, including as managing…

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