Old Mutual Executive and Leadership Team

September, 2026

Leadership Overview

Old Mutual has 10 executives leading key functions including strategy, regional banking, financial oversight, and operational wealth management.

Focused on delivering comprehensive financial solutions, Old Mutual drives long-term value through insurance, investment, and banking services across a diverse global footprint spanning Africa, Asia, Europe, and the Americas.

Leadership Roles at Old Mutual

  • Chief Executive Officer - Wikus Fourie
  • Group Chief Executive Officer (Ghana) - Roy Punungwe
  • Chief Executive Officer - OM Bank - Clarence Nethengwe
  • Chief Financial Officer - Dumisani Muhlwa
  • Chief Financial Officer, Mutual Life & Savings - Matthew Brinckmann
  • Group Chief Financial Officer - David Muchai
  • Chief Operating Officer, Mutual Wealth - Stephan de Kock
  • Chief Operating Officer, Mutual Group - Zureida Ebrahim
  • IT Executive & Chief Information Officer, Wealth Segment - Niyaaz Mowzer
  • Executive PA - Nomthandazo Peete
  • Wikus Fourie - Chief Executive Officer

    Wikus Fourie, the Chief Executive Officer at Old Mutual, directs the overarching strategic vision for the global financial services organization. Fourie architects high-level growth initiatives across insurance, banking, and wealth management sectors to ensure market competitiveness. By aligning corporate objectives with the needs of institutional and individual clients, the Chief Executive Officer maintains a robust balance sheet and fosters sustainable expansion. Fourie oversees the integration of complex financial products within the extensive network spanning Africa and international markets. This leadership role requires constant collaboration with the Board to refine risk management frameworks and capital allocation strategies. Through rigorous oversight of operational performance, Wikus Fourie secures the long-term stability of the firm. The Chief Executive Officer drives innovation in digital financial services, ensuring the company remains a leader in the evolving global landscape while delivering consistent returns to stakeholders.
    Wikus Fourie

    Roy Punungwe - Group Chief Executive Officer (Ghana)

    Roy Punungwe, the Group Chief Executive Officer (Ghana) at Old Mutual, manages all regional operations and market penetration strategies within the West African territory. Punungwe executes localized business models that integrate life insurance and investment solutions tailored to the specific economic requirements of the region. By supervising local teams and distribution channels, the Group Chief Executive Officer (Ghana) ensures compliance with regional regulatory standards while expanding the customer base. Roy Punungwe coordinates with global leadership to align regional performance metrics with the broader corporate mission of financial inclusion and wealth creation. This role involves identifying emerging market opportunities and mitigating regional financial risks through proactive asset management. By optimizing service delivery and enhancing brand presence, the Group Chief Executive Officer (Ghana) strengthens the competitive position of the firm. Punungwe drives operational excellence, ensuring that regional activities contribute significantly to the overall success of the global financial services network.

    Clarence Nethengwe - Chief Executive Officer - OM Bank

    Clarence Nethengwe, the Chief Executive Officer - OM Bank at Old Mutual, directs the strategic development and expansion of the banking division. Nethengwe architects digital banking solutions that integrate seamlessly with the existing insurance and investment platforms to provide a holistic financial experience for clients. By overseeing the credit risk management and retail banking operations, the Chief Executive Officer - OM Bank ensures the stability and profitability of the banking portfolio. Clarence Nethengwe collaborates with other C-suite leaders to cross-sell financial products, thereby increasing customer lifetime value and market share. This leadership role involves navigating complex regulatory environments and implementing advanced fintech solutions to improve operational efficiency. Through the management of banking assets and customer-facing services, the Chief Executive Officer - OM Bank drives the growth of the retail banking segment. Nethengwe ensures that all banking activities align with the core mission of providing accessible and secure financial services to individuals and businesses.
    Clarence Nethengwe

    Dumisani Muhlwa - Chief Financial Officer

    Dumisani Muhlwa, the Chief Financial Officer at Old Mutual, directs the global financial strategy, reporting, and capital management functions. Muhlwa architects robust financial planning and analysis frameworks to ensure the fiscal health of the organization across all international operations. By overseeing treasury activities, tax compliance, and investor relations, the Chief Financial Officer maintains transparency and accountability for shareholders. Dumisani Muhlwa collaborates with the Board to evaluate investment opportunities and manage the company's risk profile in volatile markets. This leadership role involves optimizing capital allocation to support growth in insurance and wealth management segments. Through the rigorous monitoring of financial performance metrics, the Chief Financial Officer drives operational efficiency and cost management initiatives. Muhlwa ensures that the firm maintains a strong liquidity position, enabling the company to navigate economic shifts while continuing to provide comprehensive financial products to a diverse global client base.

    Matthew Brinckmann - Chief Financial Officer, Mutual Life & Savings

    Matthew Brinckmann, the Chief Financial Officer, Mutual Life & Savings at Old Mutual, directs the financial planning and risk assessment for the life insurance and savings business units. Brinckmann architects actuarial models and financial strategies that ensure the long-term solvency and profitability of the insurance portfolio. By overseeing the management of policyholder funds and investment reserves, the Chief Financial Officer, Mutual Life & Savings maintains the financial integrity of the firm. Matthew Brinckmann collaborates with product development teams to price insurance offerings accurately and manage the associated financial risks. This leadership role involves monitoring market trends and regulatory changes to adjust financial strategies accordingly. Through the rigorous analysis of claims data and investment performance, the Chief Financial Officer, Mutual Life & Savings drives the efficiency of the savings segment. Brinckmann ensures that the firm meets its obligations to policyholders while delivering sustainable growth in the competitive life insurance market.
    Matthew Brinckmann

    David Muchai - Group Chief Financial Officer

    David Muchai, the Group Chief Financial Officer at Old Mutual, directs the consolidated financial reporting, capital structure, and investor relations for the entire global organization. Muchai architects the financial framework that supports the firm's expansion across Africa, Asia, Europe, and the Americas. By overseeing the group-wide budgeting process and financial risk management, the Group Chief Financial Officer ensures the stability and growth of the company's diverse portfolio. David Muchai collaborates with regional financial leaders to ensure consistency in reporting and compliance with international accounting standards. This leadership role involves managing relationships with global financial institutions and analysts to maintain investor confidence. Through the strategic oversight of capital allocation and liquidity management, the Group Chief Financial Officer drives the financial performance of the firm. Muchai ensures that the company maintains a robust balance sheet, enabling the continued delivery of comprehensive financial services to individuals, businesses, and institutions worldwide.

    Stephan de Kock - Chief Operating Officer, Mutual Wealth

    Stephan de Kock, the Chief Operating Officer, Mutual Wealth at Old Mutual, directs the operational infrastructure and service delivery models for the wealth management segment. De Kock architects scalable processes that enhance the client experience and streamline the management of investment portfolios. By overseeing the integration of technology platforms and back-office operations, the Chief Operating Officer, Mutual Wealth ensures that the firm delivers efficient and secure wealth solutions. Stephan de Kock collaborates with investment teams to refine product offerings and improve the speed of service delivery across the global network. This leadership role involves managing operational risks and ensuring that all wealth management activities comply with international financial standards. Through the optimization of internal workflows, the Chief Operating Officer, Mutual Wealth drives productivity and supports the growth of the asset management business. De Kock ensures that operational capabilities remain aligned with the evolving needs of high-net-worth individuals and institutional clients.
    Stephan de Kock

    Zureida Ebrahim - Chief Operating Officer, Mutual Group

    Zureida Ebrahim, the Chief Operating Officer, Mutual Group at Old Mutual, directs the enterprise-wide operational strategy and organizational efficiency initiatives. Ebrahim architects cross-functional processes that unify the diverse business units, including insurance, banking, and wealth management. By overseeing the implementation of shared services and operational best practices, the Chief Operating Officer, Mutual Group ensures that the firm maintains a consistent standard of service across all global regions. Zureida Ebrahim collaborates with the C-suite to drive digital transformation and improve the agility of the organization. This leadership role involves managing large-scale change initiatives and optimizing the supply chain of financial services. Through the continuous improvement of internal systems, the Chief Operating Officer, Mutual Group drives cost reduction and enhances the overall performance of the firm. Ebrahim ensures that operational capabilities support the strategic goals of the company, enabling the delivery of high-quality financial products to a broad client base.

    Niyaaz Mowzer - IT Executive & Chief Information Officer, Wealth Segment

    Niyaaz Mowzer, the IT Executive & Chief Information Officer, Wealth Segment at Old Mutual, directs the digital transformation and technology strategy for the wealth management division. Mowzer architects secure and scalable IT infrastructure that supports the delivery of complex investment and retirement planning services. By overseeing cybersecurity protocols, data analytics, and software development, the IT Executive & Chief Information Officer, Wealth Segment ensures that the firm maintains a competitive edge in the digital financial landscape. Niyaaz Mowzer collaborates with operational leaders to implement innovative tools that improve client engagement and internal efficiency. This leadership role involves managing large-scale technology projects and ensuring that all digital systems comply with global data protection regulations. Through the strategic deployment of technology, the IT Executive & Chief Information Officer, Wealth Segment drives the modernization of wealth management services. Mowzer ensures that the firm remains at the forefront of financial technology, providing secure and accessible solutions to clients worldwide.
    Niyaaz Mowzer

    Nomthandazo Peete - Executive PA

    Nomthandazo Peete, the Executive PA at Old Mutual, manages the complex administrative workflows and communication channels for senior leadership. Peete coordinates high-level meetings, manages executive schedules, and facilitates the flow of critical information between the Board and the C-suite. By streamlining internal processes, the Executive PA ensures that leadership remains focused on strategic decision-making and operational oversight. Nomthandazo Peete maintains the integrity of corporate governance by organizing documentation and tracking key performance indicators across various departments. This role involves acting as a primary point of contact for internal and external stakeholders, ensuring that all interactions reflect the professional standards of the firm. Through meticulous attention to detail and proactive problem-solving, the Executive PA supports the efficiency of the executive office. Peete facilitates the alignment of departmental goals with the broader corporate strategy, ensuring that leadership remains agile and responsive to the dynamic needs of the global financial services market.

    Explore Leadership Teams in Insurance

    Frequently Asked Questions Regarding Old Mutual Top Executives and Leadership Team

    Who leads Old Mutual?
    Old Mutual is led by Wikus Fourie (Chief Executive Officer), along with executives such as Roy Punungwe (Group Chief Executive Officer (Ghana)) and Clarence Nethengwe (Chief Executive Officer - OM Bank).
    Who is part of Old Mutual’s executive team?
    The executive team of Old Mutual includes leaders such as Wikus Fourie (Chief Executive Officer), Roy Punungwe (Group Chief Executive Officer (Ghana)), Clarence Nethengwe (Chief Executive Officer - OM Bank) and other senior executives.
    How many executives does Old Mutual have?
    Old Mutual has 10 executives leading key business areas.
    What roles are included in Old Mutual’s leadership team?
    The leadership team of Old Mutual includes roles such as Chief Executive Officer, Group Chief Executive Officer (Ghana), Chief Executive Officer - OM Bank, Chief Financial Officer, Chief Financial Officer, Mutual Life & Savings.