Amicus June 2017

CELEBRATING 172 YEARS 

THE POWER OF 2GETHERNESS! 

OMTOM 2017 

#GOGREEN & HIGHLIGHTS 

SOCIAL MEDIA 

BE SAVVY AND SAFE 

INSIDE 

MAY/JUNE 2017 

WIN 

Samsung 

Gear Fit2 

Amicus June 2017.indd 1 

2017/05/30 12:13 PM

This month Mutual & Federal will be rebranded to 

become Old Mutual Insure. We will be working 

much more closely together, so let’s all embrace the 

opportunities that this rebrand brings! 

The rebrand 

SUPPORTS OLD MUTUAL'S 

GROWTH STRATEGY 

•• 

Short-term insurance will play a 

critical strategic role in Old Mutual’s 

growth strategy in Africa. 

IMPROVES CUSTOMER 

EXPERIENCE 

•• 

Customers can expect an improved 

customer experience. 

•• 

Brokers and advisers will be able 

to offer customers a full range of 

financial services products under one 

brand, and have access to richer 

customer data. 

•• 

An improved digital capability will 

make it convenient and easier for 

brokers and customers 

to do business with us. 

CREATES OPPORTUNITIES 

•• 

We are unlocking the value that sits 

in the Old Mutual customer base, 

brand and distribution channels. 

•• 

Old Mutual Insure advisers will be 

able to source new customers from 

Old Mutual. 

•• 

Customers will have access to even 

more products and services through 

the Old Mutual footprint. 

•• 

Employees will have opportunities to 

learn, grow and collaborate. 

STRENGTHENS OUR EXPERTISE 

IN SHORT-TERM INSURANCE 

•• 

Old Mutual Insure's core expertise 

will remain short-term insurance. 

•• 

The closer association with Old 

Mutual will provide resources 

to grow and invest in this skill, 

increasing our competitive 

advantage and supporting our vision 

to be the African expert in short-term 

insurance. 

‘Customers will still get the same solid 

short-term insurance expertise that is the 

trademark of Mutual & Federal. On top 

of this, brokers and advisers will be able 

to offer customers a full range of financial 

services products under one brand to plan 

for their financial wellbeing.’ 

COENRAAD DE JAGER 

Executive of Commercial, Personal & Distribution 

at Old Mutual Insure 

O C 

‘A unified brand will increase impact, 

enable greater visibility and assist us 

to leverage the Old Mutual brand.’ 

THOBILE TSHABALALA 

Head of Brand at 

Old Mutual Insure 

‘The rebranding creates excellent opportunities for 

our business and our people. Old Mutual Insure 

employees will have the opportunity to learn 

and grow through exposure to the full range of 

financial services products; share knowledge and 

best practice and in time advance their careers in 

a larger organisation.’ 

LIZIWE MASOGA 

HR Executive at Old Mutual Insure 


2017/05/30 12:13 PM

03 

ON THE 

COVER 

EDITOR’S NOTE 

T 

06 

his is a very special issue of Amicus: 

not only do we celebrate Old Mutual’s 

172nd birthday, but we also warmly 

welcome all the Mutual Insure employees, 

who will now receive Amicus as their 

official employee magazine. Welcome, and 

we look forward to all the great things that 

collaborating more closely will bring! 

Part of our birthday was our vibrant and 

colourful Diversity Day celebrations, themed 

‘2gether for a better world’. Mutualites 

outdid themselves again! (pg 6-9). 

The Old Mutual Two Oceans Marathon 

was also packed with action and 

excitement again this year. Check out the 

highlights (pg10&11), and while you’re 

feeling inspired, read what our MD Dave 

Macready had to say about completing the 

gruelling Cape Epic Cycle Tour (pg12). 

Innovation is what will keep us going strong 

for the next 172 years and we look at some 

initiatives aimed at helping us transform 

(pg14&15). 

There’s loads of other good news in this 

issue, so enjoy, and as always, we look 

forward to your news, pictures and thoughts 

at amicus@oldmutual.com. 

Juliet Styles 

WE’VE GOT M@IL 

Your letters and thoughts 04 

BIRTHDAY CELEBRATIONS 

172 years of doing great things 06 

SPONSORSHIPS 

Old Mutual Two Oceans Marathon 10 

LEADERSHIP 

Dave Macready’s Cape Epic Cycle Tour 12 

WORLD ECONOMIC FORUM 

Key takeouts from senior execs 13 

INNOVATION 

Startupbootcamp and My Wealth Trader 14 

SOCIAL MEDIA 

Staying safe 16 

TRANSFORMATION 

The Infinitum Initiative for brokers 18 

THE OPPORTUNITY ROADSHOW 

Supporting small business 19 

RESPONSIBLE INVESTMENT 

Old Mutual Investment Group update 20 

REST OF AFRICA 

Latest news updates 22 

EDUCATION 

Old Mutual Education Flagship Project 24 

BUSINESS HIGHLIGHTS 

Key updates from the Group 26 

RESPONSIBLE TO EMPLOYEES 

Building leadership capability 28 

GAMES 

Crossword, Sudoku and Anagram 30 

WIN 

A Samsung Gear Fit2 31 

OVER TO YOU 

Your photos and news 33 

10 

13 

16 

SPONSORSHIPS 


SOCIAL MEDIA 

FROM THE AMICUS TEAM 

Contact us: amicus@oldmutual.com 

Editor: Juliet Styles 

Consulting editor: Marianne Holtman 

Contributors: Suzanne van Schoor 

Creative agency: Hero 

Designer: Waldo Swiegelaar 

Cover image: Governance, Regulatory and 

Corporate Affairs team, Mutual Square 

Advertising: A few pages of Amicus are 

available for advertising. Complete material 

must be supplied to the editorial team. 

Editorial committee: Gareth Evans, Nomia 

Machebe, Marianne Holtman, and Juliet Styles. 

Distribution: For all distribution updates or 

queries please email edemink@telkomsa. 

net. Amicus is printed on Triple Green, an 

environmentally friendly paper. 

CONTENTS 

Amicus is Old Mutual’s staff magazine, which is published monthly by Internal Communications: 

Old Mutual Emerging Markets, PO Box 66, Cape Town 8000 

Opinions expressed are not necessarily those of the board or management of Old Mutual. 

5032084008640 


2017/05/30 12:13 PM

WIN A PROLINE ANDROID TABLET 

WORTH R2 000! 

The best letter wins a Proline Android tablet 

worth R2 000. Letters may be shortened. 

This is your space so if you feel 

strongly about something, or have a 

useful suggestion to share, email 

us at amicus@oldmutual.com 

WINNING 

LETTER 

The Old Mutual village 

It takes a village to raise a child and since I came to work 

in Old Mutual, I realised the true meaning of this phrase. 

We have wonderful initiatives that expose people like 

me to opportunities like tertiary education. I have been 

following Old Mutual’s bursary funding closely and it’s 

great. It’s every school leaver’s dream to attend university, 

however, most of these children are not able to chase 

their dreams. Thanks to Old Mutual and the Old Mutual 

Education Trust, actuarial resource development, Mfundo 

Trust etc, there are life-changing opportunities for people 

like me. Old Mutual is not just a place of employment for 

these youngsters, it is a mentor, coach, a place of hope, 

the biggest part of the village. Well done Old Mutual. 

Olona Mlungwana_Mass Foundation Cluster – 

Centurion 

We are water wise! 

The giant human water drop created at Mutualpark 

recently was brilliant! We’re on this planet for a short 

period of time and we need to change our thinking 

In terms of how we use its resources. It’s scary to 

consider that a simple thing like playing in a bath is 

something my children might not know in the future 

because the generations before them didn’t take care 

of what we were given. We are today’s custodians 

of tomorrow’s earth and we should all roll up our 

sleeves and get involved. We are working for a 

Responsible Company but we must not forget that 

WE are Responsible employees. Responsible citizens. 

Lisl Abrahams_Capability Cluster: Customer 

Service & IT, Mutualpark 

Purposeful Friday needs YOU 

Purposeful Fridays are the best. We get to wear what we love and we get to give 

back to those that need it the most. So if you are not doing anything, know this… 

that with each Purposeful Friday we have, we are making a difference, and that 

feels real good! 

Nuriya Dramat_Old Mutual Wealth – Cape Town 


2017/05/30 12:13 PM 

L1030

OMEM’S 

SECURITY 

IMPROVEMENT PROGRAMME 

prevention | detection & response | awareness & governance 

HOW 

TO SPOT A 

PHISH 

1WATCH OUT FOR 

EMAILS THAT CREATE 

AN EMOTIONAL APPEAL 

GREED A financial reward is often 

offered to you if you click on a link or 

enter your credentials. 

CURIOSITY People are naturally 

curious; the email may promise to show 

you something exciting or forbidden. 

URGENCY The email will try to fluster 

you by asking you to perform an action 

within a strict deadline. 

FEAR The email threatens you with 

negative consequences or punishment if 

you don’t comply. 

2 

EXAMINE THE 

EMAIL FOR 

THESE ITEMS 

TONE We know how our friends 

and co-workers talk; if the email 

sounds strange, it’s probably worth a 

second look. 

LOOK AND FEEL An email 

signature that is overly generic 

or doesn’t follow branding and 

company protocols could indicate 

that something is wrong. Always 

check the validity and spelling of the 

sender's email address in the sent 

box. Match it to the name used in the 

content of the email. 

3 

BEWARE OF 

LINKS AND 

ATTACHMENTS 

NEVER click on links or 

attachments before confirming 

their validity. Hover your mouse 

pointer over the link to see the 

true address of the link. If an 

attachment comes from someone 

you don’t know or weren’t expecting it 

from, check whether it’s legitimate first. 

THINK BEFORE YOU CLICK! IF YOU SEE SOMETHING, SAY SOMETHING! 

REPORT SUSPICIOUS EMAILS TO YOUR IT SERVICE DESK 

L10301.2 

Amicus June 

Cyber 

2017.indd 

security Phising 

5 

Amicus V3.indd 1 2017/05/18 

2017/05/30 

11:45 

12:13 

AM 

PM

Old Mutual celebrated its 172nd birthday in May and Mutualites across emerging markets 

embraced the birthday theme: the power of 2getherness. As always, a highlight of the 

festivities was Diversity Day and we celebrated the diversity that keeps our culture strong 

and agile in the face of constant change. 

‘As Old Mutual turns 172, let us 

celebrate our strong heritage and 

solid culture of our multinational 

organisation. Let us also be 

proud of the history, journey 

and socio-economic impact our 

business continues to make in 

fourteen different countries.’ 

OMEM EXCO 


2017/05/30 12:13 PM

07 



2017/05/30 12:13 PM

VIEW THE FULL 

GALLERY IN THE 

AMICUS APP! 

FOOD FOR THOUGHT 

Mutualites in Johannesburg and Cape Town 

got together during the birthday week to 

make sandwiches for Food Forward SA, who 

redistribute food to hundreds of verified NPO’s that 

collectively feed thousands of hungry people in 

our communities. We made 3 259 sandwiches in 

Cape Town and 710 in Johannesburg. Employees 

also donated R11 670 to Food Forward SA from 

their own pockets as part of Purposeful Friday. 


2017/05/30 12:14 PM

THE GREAT ICE-OFF 

Teams of Mutualites also had great fun displaying 

their creative talents and team work as they competed 

to decorate the best looking birthday cakes around 

our theme '2gether for a better world'. 



2017/05/30 12:14 PM

27 000 runners from 

86 different countries 

gathered in Cape 

Town on 15 April 

this year for the 

start of the 48th 

Old Mutual 

Two Oceans 

Marathon. 

VIEW THE FULL 


AMICUS APP! 

O 

lympic marathoner Lungile Gongqa took top 

honours in the 2017 Old Mutual Two Oceans 

Marathon (OMTOM), the largest running event 

on the African continent, crossing the finish line in 

03:09:43 and becoming the first Capetonian since 

1973 to take the Ultra title. In the women's race, 

Maryna Damantsevich from Belarus took the title 

with a 10-minute lead, in a time of 03:37:13. 

Men's winner: Lungile Gongqa 

In the Half Marathon, Namakoe Nkhasi 

successfully defended his title in the men’s race 

and set a new OMTOM Half Marathon record 

of 01:03:15. Irvette van Zyl reclaimed her Half 

Marathon title in the women’s race in a time of 

01:13:53. 

Old Mutual’s R1 million prize to the male and 

female runner breaking the Ultra Marathon 

records still stands for another year, after the 

1988 and 1989 records established by Thompson 

Magawana (03:03:44) and Frith van der Merwe 

(03:30:36) proved just too tough this year. 

Women's winner: Maryna Damantsevich 


2017/05/30 12:14 PM

In the build-up to the main event, thousands of runners and supporters 

visited the OMTOM Expo at the CTICC in Cape Town, and on Friday 

14 April, 800 people tackled the Trail Run, 366 the Friendship Run and 

6 000 the Fun Runs. There was extensive coverage on SABC2 from 

05:30 on race morning and the event was live-streamed via SABC2 on 

the OMTOM website, with various live crossings on a number of SABC 

radio stations and on Facebook. 

As always, Mutualites embraced the race and raised over R7 000 for 

charity on Takkie Day, and 350 runners and their families were hosted 

in the employee hospitality marquee overlooking the finish line. 

•• 

This was Old Mutual’s 18th year 

as title sponsor 

•• 

R1.8-million: Total prize money paid to 

the top men and women in the Ultra and 

Half Marathons 

•• 

1 326 international runners ran 

the Ultra Marathon 

•• 

1 570 international runners ran 

the Half Marathon 

•• 

85: Age of oldest entrant in this year's race 

•• 

R670 million: The amount last year's race 

brought into the Western Cape economy 

•• 

Over 16 000 temporary and 685 

permanent jobs were created around 

last year's event 

11 

SPONSORSHIPS 

#GOGREEN was developed by Wildlands 

and supported by Old Mutual. It aims to 

provide a practical solution for collecting 

waste from athletes and spectators at 

endurance events, while educating them 

about not littering, as well as recycling 

and upcycling. All waste collected will be 

upcycled into Green Desks to help address 

the desk shortage in many underprivileged 

schools in South Africa. 

At OMTOM this year: 

•• 

16 tons of plastic was recovered which will make a classroom of desks 

•• 

R24 000 was raised on our Do Great Things fundraising platform 

•• 

500 desks were donated by Polyco 

•• 

R80 000 was donated to Wildlands as a beneficiary of OMTOM 


2017/05/30 12:14 PM

12 

LEADERSHIP 

Dave Macready, CEO Old Mutual 

South Africa, recently completed 

his fifth Cape Epic cycle tour, 

a gruelling eight-day mountain 

bike stage race. No stranger 

to endurance sports, which 

make up the heart of 

Old Mutual’s sponsorship 

portfolio, Dave shares 

his epic experience 

with us. 

T 

his prestigious race attracts a large international contingent, 

with almost 40% of the 2016 race made up of international 

riders. This year the Masters Category was won by George 

Hincapie and Cadel Evans, who won the Tour de France in 2011. 

Dave and his partner, Nic Andrew from Nedbank, finished 

168th out of 666 teams, making it through 700km of unspoilt 

Western Cape scenery and 15 000m of accumulated climbing 

over the most magnificent mountain passes in South Africa. 

‘I have been doing endurance events since my early 20’s and it’s 

the ultimate test,’ says Dave. ‘While you compete against other 

teams in very difficult and challenging environments, you also 

compete against yourself on both a physical and mental level. 

‘I do the Epic because it’s the ‘Tour de France’ of mountain biking. 

It’s called “Untamed”, because the environment and the course is 

raw, untouched and not at all prepared for racing. 

‘It takes motivation, determination and focus to complete an Epic. 

From an existing good level of fitness you need a minimum of six 

months to specifically prepare for the event. The hardest physical 

part is the preparation, the race is more of a mental challenge. 

‘Our preparation as a team started in October and we worked 

on a specific programme, focussing initially on building strength 

and endurance. We competed in a number of lead-up races to 

practise our teamwork and tactics and used indoor watt bike 

training for high intensity workouts. 

‘In this year's race the heat was the worst. In stage one, 

temperatures reached mid 40’s by midday and resulted in the 

biggest fall-out in Epic history: 94 teams withdrew. In these 

extreme situations you only focus on survival to finish the day, 

so that you can rest and recover to race the next day. 

‘The camaraderie and teamwork were highlights. Key to success 

was staying healthy for eight days and being able to complete 

the race! 

‘My advice to new riders would be that you need to understand 

why you’re doing it. The “why” keeps you motivated and 

focussed when you need it the most. 

‘It’s also critical to choose the right partner. Epic race rules require 

that team members can’t be more than two minutes apart and you 

race, eat, sleep and live together for a week. Ultimately, this is a 

team event.’ 


2017/05/30 12:14 PM

Three of our senior executives, 

Joel Baepi, Vuyo Lee and 

Simpiwe Somdyala, 

attended the World 

Economic Forum (WEF) 

conference in Durban 

in early May. They 

summed up their key 

takeouts for us: 

13 


1 

2 

3 

The issue of “inclusion” has become urgent 

Inclusion and a stronger sense of community is key to making the most of 

Africa’s opportunities and addressing its problems. 

Digital technology is set to play a big role in enabling the entrepreneurs 

and corporates of Africa to connect, share and collaborate on business 

and other opportunities across borders. 

There is opportunity for growth through 

consolidated networks leading to collective 

problem solving 

As a collection of 54 countries, we need to work together as one and 

accept that Africa’s problems need to be addressed by African countries. 

To overcome funding and scale challenges, trust and collaboration between 

governments and business must be built, and a long term view developed. 

Africa needs to set its own agenda 

Most African issues are unique and each African country must assess and 

develop itself based on its own unique situation. Collaboration can then 

follow based on each country’s ability to help the other. 

Instability and lack of governance are key problems. We need to take 

ownership of solutions that are home grown and appropriate, partnering 

with the rest of the world as opposed to begging for help. 

4 

5 

Education, entrepreneurship 

and innovation can be key 

catalysts for growth and 

inclusion 

The youth of Africa need to seize the many 

opportunities and develop them, but this 

is not possible without awareness of those 

opportunities and the know-how to grow them. 

To develop Africa’s strong entrepreneurial 

ethic, we must inspire and build confidence, 

and provide access to funds, management 

tools and advice. 

Leadership 

The role of business is changing: business has 

to take seriously its responsibility to address 

unemployment and be prepared to use its 

resources and expertise to respond to issues 

even if they are not in our area of operations. 

What is needed to address our challenges is 

dialogue (particularly with youth, who are the 

majority of the continent’s population) that is 

ongoing, inclusive and practical. 


2017/05/30 12:14 PM

Old Mutual recently 

launched two exciting 

initiatives to help 

us stay relevant in 

a technologically 

transforming world, 

and create value for 

our customers. 

Finding the big ideas 

Old Mutual's new partnership with Startupbootcamp InsurTech, a 

London-based accelerator programme, will give us access to the 

foremost innovation and entrepreneurial thinking in the insurance 

space. 

We will use the partnership to explore how to streamline, 

reorganise or redesign our business model, legacy processes and 

systems to meet customers’ changing needs and enhance their 

experience. Old Mutual will tap into the most innovative solutions 

emerging from the accelerator's 10 start-ups in 2017 by learning 

from these players and potentially procuring their services, 

partnering with or investing in them. 

Approximately 2 500 startups were scouted since July 2016 

and only 10 selected from all over the world, including three 

from South Africa, to participate in an intensive 3-month 

Acceleration Programme that began in January this year. During 

the Programme, startups receive skills and tools relaying efficient 

methods of shaping, building and selling their propositions. 

Further, they are supported by an extensive network of insurers, 

angel investors, mentors and various other valuable resources. 

The Programme then culminated in a Demo Day at the end of 

April during which the startups (including a Startup-in-Residence) 

pitched their ideas to over 850 investors, mentors, partners, and 

media. 

Artificial Intelligence (AI) emerged as the key advanced 

technology to have the most potential to impact the insurance 

industry – 80% of Startupbootcamp InsurTech’s 2017 cohort is 

leveraging AI in their propositions to develop new products and 

services. The insurance market is ripe for change, and through 

collaboration a bridge is gradually being built to connect the two 

converging worlds. 


2017/05/30 12:14 PM

‘This partnership gives us early exposure to numerous emerging 

developments in InsurTech across the globe,’ says David Marshall, Chief 

Commercial Officer of Old Mutual Emerging Markets, and makes it 

possible to explore various engagement prospects with startups ranging 

from observation to experimentation to partnership to investment. 

‘The start-ups in turn have the opportunity to leverage our expertise, 

experience, resources and talent to build more compelling commercial 

propositions. The result is a mutually beneficial exchange that 

empowers both parties to achieve their core objectives. 

Over 450 startups have been accelerated by Startupbootcamp’s 

various programmes globally, and they have collectively raised over 

€240 million in investment. 2017 is the second year in which the 

InsurTech programme is being run and it will wrap up in 2018. 

Technology is evolving at a breakneck 

pace, not only for individuals, but 

for companies and governments 

too. The 2017 World Economic 

Forum in Davos had a big focus 

on the 'fourth industrial revolution' 

(tech developments, automation and 

digitisation) to discuss the impact the 

changes will have on industries and 

the world in general. 

15 

INNOVATION 

T 

here’s no doubt anymore that technology 

and digital devices make our lives easier. 

In South Africa, 49% of the total population 

are active internet users and spend more time 

looking at their smartphones than any other 

screen. So why not use technology to help us 

manage our finances? 

In February, Old Mutual Wealth launched My 

Wealth Trader, an intuitive online trading 

platform offering access to local and global 

shares anywhere, anytime and across all smart 

devices. 

For Old Mutual, the ease of doing business 

is top of mind, so opening a new account or 

switching an existing portfolio is quick and 

seamless. You can also stay up to date with 

economic news through a news feed, which 

you can customise to your preferences. 

So whether you’re chilling in sunny Cape Town, 

or cycling through the landscapes of Italy, you 

can now trade wherever, whenever. 

My Wealth Trader was first launched to employees around the country and Mutualites had the opportunity 

to step into a virtual world to see real-time trades, view stock watch lists and explore market news. 

‘The VR experience was pretty cool, 

I loved it! What stands out the most 

about My Wealth Trader is the quick 

response, access to information and 

competitive fee structure.’ 

JOHANNES NOTHLING 

Product Development 

‘The VR experience was a nice way to showcase 

the ease of access to the trading platform. I like 

that you can trade from any device, whether 

tablet or phone. This is important because you 

want to be able to trade on the move.’ 

ASHAYLIN NAIDU 

Product Development 

‘The VR experience was 

unique. It’s the future. What 

stands out the most about 

MyWealth Trader is that it’s 

easy to access and use.’ 

LOUIS DU PLESSIS 

Business Development 


2017/05/30 12:14 PM

Old Mutual has 

introduced a new 

social media policy 

for employees that is 

part of the Old Mutual 

Code of Conduct. This 

policy has been created 

to protect both you and 

Old Mutual so check it out 

and make sure you’re social 

media savvy! 

H 

uman beings are social creatures so it’s easy to understand why social media has so quickly become part of who we are. 

Social media connects millions of people across the world every day and has become an essential tool for businesses. 

Old Mutual employees all have an opportunity and responsibility to protect and build Old Mutual’s reputation online. 

Here are three key pillars to guide you: 

1. INTEGRITY 

Always represent Old Mutual and yourself ethically and with integrity. 

Don’t discredit Old Mutual in your personal capacity - we are one team! 

2. DISCRETION 

Don’t disclose confidential company and client information online. 

3. BE RESPECTFUL 

Old Mutual is a global organisation whose employees and customers 

reflect a diverse set of cultures, values and points of view. Don’t be 

afraid to be yourself, but do so respectfully. 


2017/05/30 12:14 PM

17 

1. DO POINT OUT THAT YOU’RE NOT 

AN OFFICIAL SPOKESPERSON 

Use a disclaimer in your online profile such as ‘Views are my 

own and not those of my employer’. But remember that this 

won’t legally protect you if you still post anything harmful to our 

brand or reputation. 

2. DO KNOW THE POLICIES 

Make sure you’ve read Old Mutual’s various policies: 

•• 

Old Mutual Code of Conduct 

•• 

Electronic Communications 

•• 

Confidentiality 

•• 

Protection of Personal Information 

3. DO RECOGNISE THAT YOU’RE 

ENTERING A SOCIAL SYSTEM – 

BE POLITE 

Social media is like any public social event. The same good 

manners apply: introduce yourself, don’t pretend to be someone 

else and don’t intrude in or interrupt the conversations of others. 

4. DO REMEMBER: 

ONLINE NEVER FORGETS! 

What you publish will be public for a very long time. Your posts 

can also be screengrabbed, published elsewhere and amplified 

within seconds. The delete button may not be the end of an 

ill-considered post. 

5. DO THINK BEFORE YOU RETWEET 

Even just retweeting a defamatory post could mean trouble 

with the law. 

I CAME ACROSS A NEGATIVE POST ABOUT 

OLD MUTUAL. HOW SHOULD I RESPOND? 

Don’t engage in an online dispute. If the comment is 

insulting, email the information to the Online Community 

Team at onlinecommunity@oldmutual.com. 

A COLLEAGUE IS MAKING CRITICAL COMMENTS 

ABOUT OLD MUTUAL ON FACEBOOK. HOW 

SHOULD I DEAL WITH THIS? 

Don’t actively look for and report on your colleagues’ 

social media usage, but if you come across inappropriate 

comments that are damaging to Old Mutual’s reputation, 

contact the Online Community Team. 

I FOUND A SOCIAL MEDIA SITE RELATING TO 

OLD MUTUAL BUT IT’S CLEARLY NOT AN 

OFFICIAL SITE. WHAT SHOULD I DO? 

Don’t interact with or post on this site. Let the Online 

Community Team know the details. 

THE MEDIA IS SPECULATING ABOUT OLD MUTUAL. 

WHAT SHOULD I DO? 

Don’t engage in any speculative discussion about 

Old Mutual on social media. If questions are posed directly 

to your personal profile just refer the query to the official 

Old Mutual social media channels. 

Old Mutual’s official 

social media channels: 

Join our community at 

facebook.com/oldmutualsa 

Keep up to date by 

following @OldMutualSA 

SOCIAL MEDIA 

6. DO RESPECT COPYRIGHT 

AND FAIR USE LAWS 

You may not copy, digitise, alter or distribute any part of a 

copyrighted work without written permission from the copyright 

owner. Don’t use Old Mutual logos or images for your own 

personal use, unless you have written confirmation from 

Old Mutual. 

a 

See our brand promise in action 

at instagram.com/oldmutualsa 

Get an inside look into our endurance 

sponsorship and other events at 

youtube.com/oldmutual 

a 


2017/05/30 12:14 PM

18 

TRANSFORMATION 

Old Mutual 

recently launched 

the Infinitum 

Initiative, a first-ofits 

kind incubation 

programme to boost 

transformation in the 

financial services sector. 

Top from left: Connett Nthupi, Vick 

Lallbahadur, Mpumi Mbilase, Sibonelo 

Ngema, Busi Lekuba, Zah Mthethwa, 

Dez Tswaile, Reece Morrison. 

T 

he Infinitum Initiative is a partnership with the Black 

Distributors' Trust, Masthead Financial Planning and 

Old Mutual Foundation, created to grow the number of 

black independent financial advisers (IFAs) and create 

new employment opportunities. 

Currently, 10 young, black financial advisors were selected 

and are being trained to launch their own future-fit independent 

brokerages within two years. 

The initiative includes a two year training programme 

incorporating product, compliance and other skills development, 

to assist the group in becoming successful broker principals with 

the necessary skills to start their own practices. 

‘We believe that customers benefit immensely from financial 

planning that is provided by a robust, diverse intermediary force,’ 

said Karabo Morule, Managing Director of Personal Finance, 

‘and independent advisers play a key role to make our industry 

continue to thrive. 

‘With the Infinitum Initiative, we want to take these 10 

entrepreneurial-minded and independent financial advisers and 

create 10 new independent brokerage businesses by the end of 

the programme. 

‘They in turn can then create 10 to 20 employment opportunities – 

and the virtuous circle of growing entrepreneurship and delivering 

great customer service continues.’ 

The Black Distributors Trust is providing the funding for the two 

year programme, which includes theory learning, practical 

applications and one-on-one mentorship. The programme will help 

advisers integrate the principles of financial planning and equip 

them with skills needed to start a small business, by empowering 

them to respond effectively to regulatory challenges and a 

changing environment, while running a sustainable business. 

The 10 selected independent financial advisers are Reece 

Morrison, Busi Lekuba, Dez Tswaile, Vick Lallbahadur, Zah 

Mthethwa, Sibonelo Ngema, Connett Nthupi, Mpumi Mbilase, 

Siba Njoba and Wilson Neluheni. 


2017/05/30 12:14 PM

19 

Old Mutual 

is committed 

to economic 

transformation and 

has a long history 

of supporting 

entrepreneurs. 

OPPORTUNITY ROADSHOW 

O 

ld Mutual is a gold sponsor of the third Small, Medium and Micro enterprises 

(SMME) Opportunity Roadshow. For the first time, various business units in 

Old Mutual are collaborating to present a united front and tell one Old Mutual story. 

The SMME sector is key to unlocking economic growth and development in South 

Africa and the roadshow is a platform for exchanging insights and ideas, debating 

solutions and exploring new and creative ways of working with the private and 

public sector to bring about positive change. 

Most importantly, it is an opportunity for entrepreneurs to access great advice from 

experienced business people and stakeholders. It connects experienced entrepreneurs 

and businesses with SMMEs to provide advice, support and opportunities. 

‘Old Mutual, as a responsible business, recognises that the development of SMMEs 

contributes positively to the growth and sustainability of South Africa – and also our 

business,’ says Simpiwe Somdyala, General Manager: Corporate Affairs. 

‘By increasing the number of successful entrepreneurs who start, grow and sustain 

their businesses and create jobs, we help to drive the kind of economic growth that 

will benefit a broad base of South Africans. And what’s good for South Africa is 

good for Old Mutual.’ 

HOW WE ARE SUPPORTING 

OUR SMMES 

•• 

R2 billion towards SMME financing 

in 2016. 

•• 

R40 million was committed to the CEO 

Initiative’s SA SME Fund. 

•• 

R142 million was invested in financial 

education and skills and community 

development. 

•• 

R400 million in loans disbursed since 

2007, through the Masisizane Fund, 

which focuses on financing, developing 

and supporting SMMEs. 

•• 

R111 million in loans was approved 

in 2016 and R147 million disbursed 

against a target of R129 million. 

•• 

862 jobs were created in 2016 against 

a target of 625. 

The roadshow kicked off in Johannesburg in April, visited Port Elizabeth in May, 

and will move on to Durban on 19 July and Cape Town on 6 September. 


2017/05/30 12:14 PM

As a responsible 

business, Old Mutual 

Investment Group 

looks for responsible 

investment opportunities 

that deliver significant 

benefits to our society 

and environment, 

while at the same time 

delivering strong returns. 

Bringing critical services to townships 

Futuregrowth Asset Management, a 

boutique of Old Mutual Investment Group 

(OMIG), manages the Futuregrowth 

Community Property Fund, a shining 

example of a fund making a social impact. 

It delivers very real social and development 

benefits to communities in rural areas and 

townships by acquiring and expanding 

new and existing local shopping centres. 

Each shopping centre is a catalyst for the 

development of municipal infrastructure in 

the area, along with an enhanced transport 

infrastructure, while the surrounding 

community benefits from increased 

employment opportunities and access to 

a wide range of shopping facilities and 

commercial services. The fund currently 

owns 18 properties across South Africa. 

Good news for investors is that the fund has 

performed brilliantly for the second year 

running, delivering 24.3% for the 12-month 

period ending December 2016, compared 

to SA’s listed property sector’s return of 

10.20% for the same period. 


2017/05/30 12:14 PM

21 

RESPONSIBLE INVESTMENT 

The parking lots at many of the fund’s shopping centres are underutilised 

as consumers use mainly taxis, buses and trains. Seeing 

an opportunity to use this space to bring a critical service to the 

community, the fund partnered with Unjani Clinic at Diepsloot 

Mall in October 2015. 

The clinic is set up in a converted shipping container in the mall 

parking lot site, free of charge, and has exceeded expectations, 

receiving over 578 visits in the second month, which most clinics 

take 12-18 months to achieve. 

Unjani Clinic is funded by Imperial Health Sciences and is a 

network of primary health care clinics owned and operated 

by black female qualified nurses, and providing accessible, 

affordable healthcare to local communities. The clinics are based 

on a franchise model that opens entrepreneurial opportunities for 

local women. 

The community benefits from easier access to a low-cost, 

affordable clinic, government has a little less pressure on their 

resources at overburdened state clinics and small business gets a 

boost. The shopping centre benefits from more feet to the centre 

and supports a much-needed service in the community. 

A decade of delivery 

In a move that shook up the asset management industry in South 

Africa 10 years ago, Old Mutual Asset Managers (OMAM) 

rebranded as a multi-boutique asset manager to form Old Mutual 

Investment Group (OMIGSA) - a multi-boutique investment 

manager. 

Boutique managers were given the autonomy to take critical 

business and investment decisions that drive performance, and 

no longer subscribed to a single house view. A decade later the 

‘The move to boutiques 

required enormous 

effort, but has 

positioned us very well 

for the future. This is 

because we are aligned 

with our clients, focused 

and have resolved the 

problem of excess size.’ 

PETER BROOKE 

Boutique Head: MacroSolutions 

boutique model is still going strong, with most founding members 

still running the boutiques: Peter Brooke (MacroSolutions), Peter 

Linley (Old Mutual Equities), Paul Boynton (OMAI) and Paul 

Rackstraw and Andrew Canter (Futuregrowth). 

The boutique structure also ensures that the focus and interests of 

the investment professionals are completely aligned with those 

of their clients. Their remuneration is largely determined by the 

performance of the boutiques, so investment managers only do 

well when their clients do well. 

OMIG is in good shape, with great teams, processes, philosophy 

and investment track records, and poised to grow. There are 

opportunities to increase assets under management in the bond, 

equity and multi-asset class area, passive investing is growing 

and further investments planned into the Alternatives capability to 

create growth into Africa. 

There are plans to expand OMIG’s distribution reach globally to 

gather dollar-based asset pools. Old Mutual Titan, the new Active 

Fundamental Global Equity team, was also recently welcomed to 

the business to help build the global strategy. They arrive having 

already built up a strong track record in managing global equity 

and global emerging market equity. 


2017/05/30 12:14 PM

VIEW THE FULL 


AMICUS APP! 

Old Mutual Africa Distribution Conference 

The Old Mutual Africa (OMA) Distribution 

Conference was held in March this year at The 

Hilton in Sandton. Distribution leaders and their 

teams from across 13 countries were hosted by 

Gerald Randall with overall organisation and 

logistics driven by Bridgette Carlson and the 

Central Distribution Team. The conference theme 

was 'Innovation' – taking from what we have 

existing, borrowing from others and combining it 

with new thinking to create something innovative. 

Local and international speakers covered key 

topics included how to create a 'future fit' 

business, leading innovation, global trends, 

niche opportunities, life company and distribution 

economics, retail best practice, Insurance in the 

digital world and technology. 

‘Innovation is process driven and must be part of the core culture of 

a business. Leaders allow and drive innovation – only then can it be 

successful to transform successful and sustainable companies.’ 

GERALD RANDALL 

Head of Distribution and Strategic Partnerships 


2017/05/30 12:14 PM

Launch of Old Mutual Botswana Life Insurance Company 

The Old Mutual Botswana Life Insurance Company was officially launched in March this 

year, at the Phakalane Golf Estate in Gaborone. 

Attending the event was the Botswana Minister for Sports & Culture, Minister Bulelwa Kiva, 

from the South African High Commission ion Gaborone, CEO Old Mutual Africa (OMA), 

Jonas Mushosho, senior execs from OMA, corporate CEOs from Botswana and local media. 

Thebe Modikwa, Managing Director of Old Mutual Botswana Life, said he believed there is 

a gap in the current life insurance market in Botswana which should be catered for. 

23 

REST OF AFRICA 

‘Life insurance should be more than just funeral expenses and the elaborate sending off of 

a loved one. It should also be a tool for preserving wealth and ensuring that the needs of 

dependents left behind are provided for.’ 

Thebe Modikwa, Old Mutual Life 

Company Botswana Managing 

Director, addresses guests 

While there are currently eight life insurance companies in Botswana serving a population 

of approximately two million people, the regulators' report shows that the top two dominate 

87.5% of the market. 

The priority for Old Mutual Botswana Life will be to shift public perception of life insurance 

from a simple funeral policy and short-term-goal, to a holistic tool that can be used to 

preserve wealth and give the next generation a better start in life. 

LEADERSHIP UPDATE 

Edith Jiya has been 

appointed the CEO of 

Old Mutual Malawi. Edith 

assumed the role in an acting 

capacity in March 2015, 

and has steered the ship 

with enthusiasm, wisdom 

and a great sense of focus, 

delivering incredible results 

in a continuously tough 

economic environment. 

Vinay Padayachee 

was appointed CEO of the 

Old Mutual Life Insurance 

Company, Namibia. Vinay 

has over 20 years of corporate 

experience and was CEO of 

Virgin Money South Africa 

for eight years until 2015. He 

paved the way for innovation in 

the SA Insurance and Banking 

Industry and introduced many 

industry game changers. 

From left: Jane Rose Kapanga, Chris Kapanga, Morounke 

Olufemi (CFO, Old Mutual West Africa) and Linda 

Mariwande (Chief Operating Officer, Old Mutual Ghana) 

Old Mutual Ghana recently bid farewell to CEO Chris 

Kapanga at a dinner held in Accra to celebrate his leadership 

and wish him well on his retirement. The event was attended 

by the Board of Directors of Old Mutual Ghana, Old Mutual 

Ghana Exco, industry regulators, friends and Chris’s wife, 

Jane Kapanga. 

Old Mutual Zimbabwe 

secures microfinance licence 

Old Mutual Zimbabwe has secured an operating licence for 

its microfinance business from the Reserve Bank of Zimbabwe. 

Old Mutual Rest of Africa CEO Jonas Mushosho told analysts 

that the decision was part of the group's efforts to advance 

financial inclusion. Old Mutual Finance in Zimbabwe will 

provide various products and services to the public, including 

micro-loans, savings, insurance and financial education. 


2017/05/30 12:15 PM

As a responsible business, we have 

a vital role to play in helping to 

build a better and more inclusive 

society. We are passionate 

about projects that help to 

transform South Africa and 

its people and actively 

support a range of 

education initiatives. 

I 

n 2013, Old Mutual committed R350 million over seven years, towards improving the South African education system. The process 

is largely driven by the Old Mutual Education Flagship project (OMEFP) and focuses on investing in Grade 12 maths and science 

education, uplifting underperforming schools and improving teaching and school management. 

There are some amazing success stories coming out of this project and some shining stars from the OMEFP matric class of 2016. 

Beating the odds in Dimbaza 

18 year-old Christine Bobo, a former 

Kuyasa High School pupil from Dimbaza, 

Eastern Cape, lives with her three siblings 

and they survive on her grandmother’s oldage 

grant, often going without basics such 

as electricity. 

To add to Christine’s challenges, Kuyasa 

High did not have a mathematics teacher 

for almost a year, so the school’s physical 

science teacher tried to double up as a 

mathematics teacher as well. 

Christine put in many long, hard hours 

of study, and despite the challenges, she 

passed Grade 12 with three distinctions: 

in geography, life orientation and 

natural science, and achieved 62% in 

mathematics and 74% in science. 

Mr Tonya, the substitute maths teacher, 

also entered Christine and two other 

learners for a Science Olympiad 

sponsored by Eskom at the University of 

Fort Hare. They came 2nd in the Quiz 

category and 1st in the Poster and Projects 

category. 

Christine is now enrolled at the University 

of the Witwatersrand for a BSc degree, 

and is awaiting approval of her NSFAS 

application for funding. 


2017/05/30 12:15 PM

Flying high in the Free State 

Tshepo Doctor Thajane grew up in Thaba-Nchu in 

the Free State and attended Lefikeng High School in 

Botshabelo. His mother is unemployed and his father is 

a car guard who relies on the generosity of motorists. 

This means that he sometimes comes back home emptyhanded 

and the family of five go to sleep hungry. 

25 

EDUCATION 

‘The mentors at my school provided me with an entry 

form for the “Star of the Stars” and I was chosen as one 

of the top 11 finalists, and then came out as the winner. 

The support we got from the mentors contributed to my 

getting a distinction in maths in my matric exams. As 

a result of this, I was awarded a full scholarship by the 

University of the Free State to study actuarial science.’ 

The First Old Mutual Scholarship Fund Graduate! 

23 year-old Simamkele Gcezengana is the first beneficiary of the Old Mutual Scholarship 

Fund to graduate. She completed her studies at Rhodes University in December 2016, 

graduating with a B.Pharm. degree. 

Simamkele’s from Ginsberg, a small township outside King William’s Town in the Eastern 

Cape. At Schornville Primary School she was deputy head-girl and later at Breidbach 

Senior Secondary School, an Old Mutual Education Flagship School, she was one of the 

top five learners from Grade 8 to 12. 

In 2012, Simamkele enrolled at Rhodes University for a B.Sc degree, and soon realised 

that she wanted to study something that would enable her to make more of a direct 

contribution to her fellow citizens. 

In 2013 she switched to a B.Pharm and in her third year was chosen as a mentor for 

first-year pharmacy students. Simamkele is currently completing her internship in 2017 at 

Groote Schuur Hospital. 

‘My dream is to open and run my own pharmacy in a small rural place in the Eastern Cape or KwaZulu-Natal, where people have less 

access to good pharmacy services and resources,' she says. 

‘It was such an honour and privilege to receive the Old Mutual Scholarship. I hope I will continue making my sponsors proud and I am 

more motivated to help other young people like me where I can. Enkosi Old Mutual.’ 

R3 MILLION TO WITS STUDENTS 

Old Mutual has contributed R3 million to the tuition and residence costs of 

students of the University of the Witwatersrand (Wits). The donation will assist 

undergraduate and postgraduate students who cannot afford to pay university fees, 

but also do not qualify for National Student Financial Aid Scheme (NSFAS) funding. 

The emphasis will be on students studying commerce (with a focus on actuarial and 

accounting studies), mathematics, engineering, information technology and law. 


2017/05/30 12:15 PM

Managed Seperation Icon.indd 1 

2017/05/02 10:23 AM 

26 

BUSINESS HIGHLIGHTS 

MANAGED SEPARATION 

MANAGED SEPARATION UPDATE BY BRUCE HEMPHILL 

A New Dawn 

'We are very pleased with the progress of our 

managed separation strategy announced on 11 

March 2016,' said Bruce Hemphill, Group CEO, Old Mutual. 

'We expected the managed separation to be complete by the end 

of 2018. Just 15 months in we’ve built great momentum and now 

anticipate the two listings taking place at the earliest opportunity 

in 2018, following our 2017 full year results. 

As a reminder, we will create four independent businesses: 

Old Mutual Emerging Markets (OMEM), Old Mutual Wealth 

(OMW), Nedbank and OM Asset Management (OMAM). 

Through the separation of our businesses, we are seeking to 

unlock significant value for our shareholders. We have taken a 

number of significant steps: 

1. We have reduced our shareholding in OMAM to 22.4%. 

On completion of all transactions we will have realised gross 

proceeds, since December 2016, of over a billion US dollars 

with respect to OMAM, reducing our stake to under 8%. This 

will deliver independence to the first of our four businesses. 

2. On 27 April 2017, we announced that we would sell our 

26% stake in Kotak Mahindra Old Mutual Life Insurance 

Limited to our joint venture partner, Kotak Mahindra Bank 

Limited. The gross consideration for the transaction was INR 

12,927 million (£156 million equivalent based on the spot 

exchange rate on the day of announcement). 

Going forward it is our intention to create two separate entities 

listed on both the London and Johannesburg stock exchanges: 

1. One will be OMW, likely to take place through 

a demerger with the possibility of a small initial public 

offering (IPO). 

2. The second will be a new South African holding company 

called ‘Old Mutual Limited’. Initially it will comprise OMEM, 

the Group’s Nedbank shareholding and Old Mutual plc, 

which will become a subsidiary of Old Mutual Limited. The 

distribution of a significant proportion of the shareholding 

in Nedbank from Old Mutual Limited would follow in due 

course. Old Mutual Limited will retain an appropriate strategic 

minority shareholding in Nedbank to underpin the ongoing 

commercial relationship.' 

Corporate 

launches new 

E-Learning 

Site 

Old Mutual 

Corporate has 

created a new 

E-Learning site to 

encourage members to take control of their finances, whether 

it’s planning for a wedding, short-term insurance for your car 

or house, sorting out your will or saving for retirement. The 

interactive site also features some great member stories and 

video clips and access to advice. The four modules currently 

available are Short-Term Insurance, Wills & Estate Planning, 

Financial Planning and Retirement Planning. 

Old Mutual maintains Level 2 

B-BBEE status 

Old Mutual has retained its Level 2 B-BBEE status for the 8th 

year in a row. We've made some great improvements in terms 

of skills development and employment equity and are carefully 

monitoring progress at a middle, senior management and board 

level. We're also gearing up to move beyond just compliance in 

terms of the revised Financial Sector Code, which will be passed 

later this year. 


2017/05/30 12:15 PM

POSTCARD 

THE POSTCARDS FROM 

PARADISE COMPETITION 

STAND A CHANCE TO 

WIN ONE OF THESE PRIZES! 

YOU GET TO CHOOSE: 

AN EXHILARATING EXPERIENCE OR A TERRIFIC TANGIBLE PRIZE 

POSTCARD #5 PRIZES 

XBOX ONE 

BALLOON SAFARI 

HELICOPTER FLIGHT 

VISIT THE 

INTRANET 

FOR 

COMPETITION 

DETAILS, PRIZES 

AND TO 

ENTER. 

• Experience the scenic Magalies River Valley from a hot air balloon and 

treat yourselves to a night’s stay at the lovely Magalies River Lodge 

(breakfast included) for two (Gauteng). 

• Take off from the V&A Waterfront and enjoy a scenic flight along the 

Atlantic Coast over to False Bay followed by a lovely meal for two at 

Baia (Cape Town). 

• The ONE where you can pause your game and instantly resume where you 

left off. The only ONE where you can stream your Xbox ONE 

games to a Windows 10 PC or tablet in your 

home plus get new features and 

enhancements all the time. 

For more information or to report unusual or suspicious 

activity, visit the Group Forensic page on the intranet or contact your 

BU Compliance Officer or your Money Laundering Reporting Officer. 


2017/05/30 12:15 PM

At Old Mutual 

we believe every 

employee has the 

potential to grow 

and develop both 

personally and in their 

careers. We take a look at 

two programmes designed 

to build individual and 

organisational capability. 

Top: Old Mutual 

and Nedbank Junior 

Management Programme 

graduates from Cape Town 

MANAGEMENT PROGRAMMES 

Shannon Loots, top student 

Junior Management 

Programme Cape Town 

Top Syndicate in the Middle Management 

Programme in Johannesburg from left: 

Nevashin Pillay, M&F; Alyssa Qupa and Sihle 

Mhlongo; Old Mutual. 

JMP, MMP 

The Learning Centre of Excellence, in partnership 

with the Gordon Institute of Business Science 

(GIBS), concluded two Junior Management 

programmes (JMP NQF level 5) and one Middle 

Management programme (MMP NQF level 6) in 

2016. These programmes were run across Old 

Mutual, Nedbank and Mutual & Federal, with the 

goal of developing personal, management and 

leadership skills. Delegates worked on several 

business projects where they implemented learnings 

gained from the programme. 

MAP 

For the very first time the Management Advancement 

Programme (MAP NQF level 8) was run in both 

Johannesburg and Cape Town. Over 70 delegates 

attended, with 16 from our businesses in Rest of Africa as 

well Mutual & Federal. This provided a great opportunity 

to build relationships and formalise networks across the 

Group. The MAP programme develops knowledge and 

skills across the six functional areas of business and 

delegates have to complete a strategic project formulated 

and sponsored by a senior leader in our business. 

Sonja Van Rooyen, top 

MAP student, JHB 

Top Syndicate Group JHB from left: Oluwole 

Ladipo, Caroline Kipsanai, Itimu Kiruti, Dineo 

Mataboge, Esther Kiome, Paul Kudakwashe 


Top Syndicate Group MAP Johannesburg from left: Oluwole Ladipo, 

Caroline Kipsanai, Itimu Kiruti, Dineo Mataboge, Esther Kiome, Paul Kudakwashe. 

2017/05/30 12:15 PM

29 

Imtithaal Dawood, top MAP student, CT 

Top Syndicate Group CT from left: Barry February, Nesaar 

Banderker, Ros van Wyk; Abdurahman Kariel, Imtithaal 

Dawood and Melaney Cromhout, all from Old Mutual. 

Nomination onto 

these programmes 

takes place via your 

line manager and HR 

business partners. 

LEADERSHIP DEVELOPMENT 

at 

Old Mutual is busy transforming and harnessing the latest technology 

to improve our proposition and service for customers, advisers and 

employees. Conrad Blignaut, General Manager Solution Delivery, is 

passionate about growing people in the Solution Delivery space. 

‘With technology being a critical enabler of transformation, Solution 

Delivery has a big focus on developing talent – technical and 

managerial. Making sure we have the right people with the right 

skills and experience for the future is essential and exciting. We have 

the opportunity to innovate and make a huge difference to people’s 

lives,’ says Conrad. 

‘Take our 13 interns – people from mostly rural, impoverished 

parts of the country, who through sheer pluck and determination, 

completed degrees. A very hard next step is landing the first 

job. Typically, they become despondent as it is difficult to find 

appropriate employment.’ 

What learners have to say: 

‘Coming into this environment is scary. I humbly appreciate the 

opportunity Old Mutual has given me. Old Mutual opened the 

door to green pastures.’ 

Sinalo Sanda 

'Old Mutual is truly a great place to work. I’m excited about the 

opportunity to grow, learn, and make a positive contribution.’ 

Mali Ndyoko 

‘Thank you Old Mutual for opening doors for me so I can learn 

and grow. Green pastures lie ahead.’ 

Nomputumo Jim 

IT has a range of development programmes. Some bring in people 

with no IT experience – such as the Interns programme, while others 

focus on existing, high potential employees – such as Pioneers and 

Inside Track. All of them aim to fast-track growth. The programmes 

include self-mastery, technical and interpersonal skills and each 

person has a coach and mentor. 

Solution Delivery development programmes include: 

•• 

Business & Systems Analysis (BASA) interns 

•• 

Interns 

•• 

Pioneers 

•• 

GAPees 

•• 

Inside Track 

Inside Track learners with Conrad Blignaut (General Manager: 

Solution Delivery) centre, from left: Rishab Goonoa, Nomfundo 

Sibara, Nandipha Njongo and Mali Ndyoko 

If you’re in Solution Delivery and would like to find out more about the programmes, 

please email Nadia Mohamed on nmohamed@oldmutual.com for details. 


2017/05/30 12:15 PM

30 

GAMES 

CROSSWORD 

ACROSS 

7 Elected ANC President 

in December 2007 (4) 

8 Flying machines (8) 

9 Penalise (6) 

10 Pinnacle (6) 

11 No specific person (7) 

12 Literary composition (5) 

15 Underground worker (5) 

17 Hurrying (7) 

20 Handy (6) 

22 Long raised strips (6) 

23 Put together (8) 

24 Prevaricates (4) 

DOWN 

1 Fall in America (6) 

2 Inconsistent (8) 

3 Formerly Louis Trichardt (7) 

4 Former SA bank (5) 

5 SA Magazine/musical instrument (4) 

6 Our continent (6) 

13 Agenda (8) 

14 Twenty-five percent (7) 

16 Refuse to budge (6) 

18 Required (6) 

19 Kaizer Chiefs and Pirates, 

for example (5) 

21 Irritating insect (4) 

SUDOKU 

ANAGRAM 

Unscramble the letters to make words about Autumn! 

EAVESL 

CLOD 

NWORB 

ORAGNE 

MULP 

RAEK 

DYWIN 

DOOW 

EPIN COENS 

ESBERRI 

_ _ _ _ _ _ 

_ _ _ _ 

_ _ _ _ _ 

_ _ _ _ _ _ 

_ _ _ _ 

_ _ _ _ 

_ _ _ _ _ 

_ _ _ _ 

_ _ _ _ _ _ _ _ _ 

_ _ _ _ _ _ _ 

Everyone’s favourite number puzzle is back! Numbers 

1 to 9 must be placed into the grid so that each row 

and column contains only one of each number. 

Get instant gratification by checking your answers on page 37! 


2017/05/30 12:15 PM

A SAMSUNG GEAR FIT2! 

To keep you active 

and healthy this 

winter, we’re giving 

away 3 sexy Samsung 

Gear Fit2 sports watches 

worth over R3 000 each! 

Apart from functioning as a regular 

watch with a selection of stunning 

displays to choose from, Gear Fit2 

counts your steps the second you 

start moving. Its curved display 

wraps itself around your wrist in a 

sleek, stylish, unobtrusive way. You 

can use the Gear Fit 2 with any 

Android device. You’ll be notified 

when a call is coming through on 

your phone and you can read emails 

and text messages on the device. 

With the Gear Fit2 you can run 

while your phone stays at home. 

The built-in GPS tracks your route, 

distance and speed in real time with 

precision and dedication so you can 

go further, better. The Gear Fit2's 

highly accurate heart rate monitor 

also helps you monitor and get the 

most out of every workout. Auto 

activity tracking means there’s no 

need to tell your Gear Fit2 whether 

you're walking or on the rowing 

machine. It just knows. 

HOW TO WIN: 

Send an email with the words ‘Giveaway Gear Fit2’ in the 

subject line, to amicus@oldmutual.com. Include your name, 

staff code and contact number. The competition is open 

to current Old Mutual employees and contractors across 

emerging markets. It excludes those who have won an 

Amicus competition in the last six months. Entries close on 

Friday, 21 July 2017. ONLY ONE ENTRY PER PERSON. 

Congratulations to the Mar-April 2017 winner of the Parrot 

Bebop 2 drone: Gillian Martin, Mutualpark 


2017/05/30 12:15 PM

32 

SONSORSHIPS 

Calling all lovers of fine wine. 

Make a date to taste the 

country’s top wines from 

the 2017 Old Mutual 

Trophy Wine Show 

judging. The winning 

wines were 

announced 

on 30 May. 

2017 

Y 

ou’ll be treated to over 150 trophy, gold and silver medal 

winning wines at the public tastings – from sparkling, dry white 

and red single varietal wines to beautifully crafted white and 

red blends, dessert wines and Cape Vintage. These wines were 

selected from 960 entries and all scored at least 80+ points 

from the 2017 judging panel, chaired by Michael Fridjhon and 

comprising three international and six local judges. 

Get your tickets 

•• 

Buy online or at the door, subject to availability. No 

under 18s. 

•• 

Ticket sales: www.computicket.com or call 

0861 915 8000. 

•• 

Ticket price: R175 Early Bird for bookings by 2 June; 

R190 thereafter. 

Connect with us 

•• 

dogreatthings.co.za/trophywineshow 

•• 

Facebook 

•• 

Follow @omtrophywines on Twitter; #OMTWS2017, #OMTWS 

Old Mutual Trophy Wine Show 

Public Tasting – Cape Town 

Date: Thursday 8 June 2017 

Venue: 

Time: 

CTICC (Ballroom, Level 1), Convention Square, 

1 Lower Long Street, Cape Town 

17h00 to 21h00 

Parking: Secure underground parking available 

in CTICC parkade 

Old Mutual Trophy Wine Show Public 

Tasting – Johannesburg 

Date: Friday 9 June 2017 

Venue: 

Time: 

Bill Gallagher Room (Level 2), Sandton 

Convention Centre, Maude Street, Sandton 

17h00 to 21h00 

Parking: Secure underground parking available at the 

convention centre and neighbouring shopping malls 


2017/05/30 12:15 PM

33 

OVER TO YOU 

What’s your department been 

up to recently? Please send full 

details and attach one or two 

very clear and sharp photos to 

amicus@oldmutual.com. 

WATER WISE 

Over 600 Mutualites in Cape Town used World Water Day recently to 

show Old Mutual's commitment to saving water and created a giant human 

‘water drop’ on the sports fields at Mutualpark. They were joined by 200 

children from Old Mutual's Greens'cool. Old Mutual Corporate Property 

Management created the event as a fun reminder to be responsible and 

save water. 

Submitted by Melanie Schacht 

LAFRAS IS TOPS AT WEALTH 

Old Mutual Wealth named Lafras Moolman their top Wealth Account Manager (WAM) 

for quarter one, Inland region, with the highest inflows year to date. He adds this 

achievement to a list of achievements that includes the Chairman’s Award and a Broker 

Distribution TOP Club offshore trip. This year Lafras and fellow Top Club winners will get 

up close to the dolphins at the Zoomarine Park in Portugal. He attributes his success to 

building strong relationships, with the planners, as well as the support staff who are the 

heart of the practice. 

Submitted by Linneth Mayinga 

CORPORATE HOME SOLUTIONS 

Old Mutual Corporate recently exhibited the Old Mutual 

Home Solutions offering for first time home buyers or those 

interested in buying a home, at the Property Buyer Show 

at the Cape Town International Convention Centre. 

Submitted by Sue Naidoo 


2017/05/30 12:15 PM

CELEBRATING EXCELLENCE 

IN PWM 

Private Wealth Management (PWM) 

recently held their annual Cape Region 

awards, recognising the achievements 

of their financial advisors, teams 

and support staff. The event, themed 

‘Celebrate Excellence’, kicked off with an 

inspirational talk by extreme ice water 

swimmer, Ryan Stramrood. 

Submitted by Danielle Muller 

From left: Elmarie Kitshoff (left) won Planner 

of the Year, with Danielle Muller, Business 

Coach, PWM 

From left: Rudolph van Eck, RGM Old Mutual 

Wealth with Stanley Tordiffe (right) won Practice 

of the Year 

GENIUS AT WORK 

The Genius Hub opened at Mutualpark in Cape Town 

on 9 May 2017. Located on the first floor, Mutualpark, 

the Genius Hub offers Mutualites IT support for PC issues 

as well as advice on how to get the most from new 

and existing hardware and help with Wi-Fi and email. 

Mutualites visited the Hub to see the latest IT hardware, 

including laptops and tablets. The Hub will also soon 

showcase the latest Old Mutual customer and adviser 

propositions - even before they’re launched to the market. 

Submitted by Mandy Currin 

My Wealth Trader WINNERS 

Old Mutual staff members were recently invited to attend 

the launch of My Wealth Trader – Old Mutual Wealth’s 

online trading platform. Those who signed up for a free 

demo account stood a chance to win 1 of 3 iPad Mini’s. 

Submitted by Sedika Sungay 

Top from left: Ockert van Niekerk (Head of Trading: Private 

Client Securities) handed over the iPads to Helen van der 

Rede, Aldred Hendricks and Stephanus Engelbrecht. 


2017/05/30 12:15 PM

35 

MFC STAKEHOLDER 

BREAKFAST 

Mass Foundation Cluster, Capricorn region, 

hosted a successful breakfast networking session 

for stakeholders in the region, including various 

unions, state departments and parastatals. 

OVER TO YOU 

Submitted by Tintswalo Nkanyani 

RETIREMENT AT ITS FINEST 

Just around the corner from Mutualpark is Pinelands 

Grove Retirement Village, a joint venture investment 

between the Housing Impact Fund of South Africa 

(HIFSA) and Tygerberg Development Trust. HIFSA 

is managed by Old Mutual Alternative Investments’ 

Development Impact Funds team. Providing 

independent living through to more assisted living 

options, the development consists of 200 retirement 

units, including 18 frail care units. 

Submitted by Carmen Meyer 

MARKETING MANAGERS 

VISIT MUTUALPARK 

Old Mutual Marketing Managers from 

three Africa countries recently spent time 

at Mutualpark to familiarise themselves 

with the South African operations. 


From left: Andisa Ntsubane, (Head: 

Marketing Strategy and Planning), Matilda 

Nyathi (Marketing Executive Zimbabwe), 

Vuyo Lee (OMEM Chief Marketing Officer), 

Katoma Ndangi (Marketing, Transformation 

and Customer Strategy Executive Namibia), 

Matshediso Motshegare (Customer 

Experience Manager Botswana) and Siya 

Kashe (Customer Experience Business 

Partner, Rest of Africa) 


2017/05/30 12:15 PM

CELEBRATING INTERNATIONAL 

WOMEN’S DAY 

Recently Old Mutual and the Department of 

Agriculture, Forestry & Fisheries celebrated 

International Women’s Day with Weston High 

School in Vredenburg, Western Cape. Various 

speakers from Old Mutual enlightened the 

students about the career opportunities available 

in a company such as Old Mutual. 

Submitted by Tebogo Rakubu 

SUPPORTING 

TRANSFORMATION IN SA 

In support of transformation across industries in 

South Africa, Old Mutual attended the media 

briefing of the Consulting Engineers South Africa 

(CESA). CESA’s Transformation Committee 

will promote transformation as an ethical 

business practice and monitor progress made 

by its members beyond the requirements of the 

Construction Sector Scorecard. 

Submitted by Tebogo Rakubu 

From left: Chris Campbell (CESA MD), Thumi Mjali 

(PF) , Lynne Pretorius (CESA President), Tebogo Rakubu 

(Stakeholder Relations);, Khaya Cebani (PF) 

KEEPING IT REAL 

Congratulations to Old Mutual 

Investment Group (OMIG) Real 

Award winners Brent Beilinsohn, 

Mishka Hassen, Wesley Naidoo, 

Sharmila Jaga, Tinyiko Ngwenya 

and Naseema Appleby. They were 

chosen from 70 nominees and will 

be jetting off to Bali in July. 

Submitted by Carmen Meyer 


2017/05/30 12:15 PM

PROMOTING HEALTH 

AND SAFETY 

OMEM Health and Safety hosted an 

International Health & Safety event at 

Mutualpark in May. They used industrial 

theatre to illustrate how easy it is to trip, 

slip or fall in the office, as well as the 

importance of reporting it. Congratulations 

to Farieda Williams from Old Mutual 

Investment Group who won a first aid kit 

and Ayshah de Roos from Group Schemes 

who won a fire extinguisher. 

37 

OVER TO YOU 


From left: Kirshni Naidoo and Nuraan 

Noordien (Environment Health and Safety), 

Vusi Simelane, Ayshah de Roos, Farieda 

Williams and Buntu Tembani (actor). 

CELEBRATING FREEDOM 

WITH SOCCER 

Retail Mass Market and Old Mutual 

Finance together with Nketoane 

Municipality in the Free State recently 

hosted a soccer tournament in the 

community to celebrate Freedom Day on 

27 April. The tournament took place in 

the small farming town of Petrus Steyn. 

Submitted by Richard Moeketsi 

ANAGRAM 

LEAVES 

COLD 

BROWN 

ORANGE 

PLUM 

RAKE 

WINDY 

WOOD 

PINE CONES 

BERRIES 

CROSSWORD 

SUDOKU 


2017/05/30 12:15 PM

COMMUNITY CARE 

Old Mutual’s Provincial 

Management Board (PMB) 

in the North West province 

donated R10 000 to Emmanuel 

Disabled and Old Age Care 

Centre. The centre is home to 

25 HIV positive patients and 89 

elderly and disabled people. 

Submitted by Julie Hutchins 

ENCOURAGING HEALTHY LIVING IN LANGA 

Old Mutual Finance (OMF) recently assisted the Langa community in Cape 

Town with their annual Wellness Day. About 200 people from the community 

were tested for blood pressure, cholesterol etc and given information about 

health, fitness and financial wellbeing. OMF assisted with refreshments for 

those taking part in the event. 

Submitted by Jayshal Patel 

PROTECTING OLD MUTUAL’S 

CROWN JEWELS 

In April, Rose Keanly hosted the first Crown Jewel 

User Town Hall session at Mutualpark, for users 

who have access to Old Mutual’s most sensitive 

information – our Crown Jewels. 

The sessions outline the vital role that these users 

play in protecting our information, in particular our 

customer information. Sensitive customer information 

includes personal details such as a name, address, 

identification number, health information, banking 

details, location and value of movable assets. The 

Town Hall sessions and customised Crown Jewel 

user training sessions help Crown Jewel users 

understand the steps they need to take on a daily 

basis to safeguard this sensitive information. 

From left: Abid Adam, Clement Chinaka, Farhad Sader, Rose Keanly and Hugh Hacking 

Submitted by Gillian Keet 


2017/05/30 12:15 PM

Read your Amicus when and where 

it suits you! 

Amicus is available in print, on our intranet 

site oldmutual.me or from the Apple or 

Google Play stores. 

Download the Amicus app today 

This app is specifically for tablets. Download 

the Amicus container app from the Apple or 

Google Play stores then download the issue 

you’d like to read. Look out for great bonus 

content, video clips, picture galleries, active 

links and awesome competitions. 

NEED WI-FI? 

Use the new lounge next to main reception on 

the ground floor of Mutulapark. The lounge 

is a Wi-Fi hot spot, so you can also use up to 

250MB free surfing time a day. Wi-fi details 

available in the lounge. The lounge is brought 

to you by Old Mutual Corporate Property 

Management, in the interests of making 

Mutualpark an even greater place to work. 

Please refer queries to the CPM Building Help 

Desk, 021 509 9667. 


2017/05/30 12:15 PM

TODAY’S THE DAY 

GET 

GREAT 

ADVICE 

COMRADES COUNTDOWN 

THE 2017 COMRADES MARATHON WILL TAKE PLACE ON 4 JUNE. 

21 000 RUNNERS WILL TACKLE THE UP-RUN, APPROXIMATELY 88KM, FROM DURBAN CITY 

HALL TO THE SCOTTSVILLE RACECOURSE IN PIETERMARITZBURG. THE ROUTE IS TOUGH AND 

DEMANDS TENACITY, DISCIPLINE AND LONG-TERM COMMITMENT, MAKING THE PHRASE 

“IT TAKES ALL OF YOU – ZINIKELE” VERY APPROPRIATE AS THE 2017 RACE THEME. 

BECOME PART OF WORLD OF ENDURANCE 

Sign up for one of South Africa’s most comprehensive endurance athletics resources and join an ever-expanding online community 

of South African endurance athletes. Old Mutual World of Endurance aims to be the number one platform for event news, training 

information, race advice, gear choices and more. Visit www.oldmutual.co.za/world-of-endurance. 

FOR MORE THAN YOURSELF - #GOGREEN 

This online platform gives you the opportunity to participate in or support the events you love while raising funds for pre-approved 

charities. This year Old Mutual is also supporting #GOGREEN, developed by Wildlands, and created to collect waste materials along 

the route to be upcycled into ‘green desks’ for underprivileged schools. Visit www.morethanyourself.co.za and become a fundraiser or 

support an existing fundraiser and challenge family and friends to support this cause! 


2017/05/30 12:15 PM

Amicus June 2017

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