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This was disclosed by the group’s chief executive officer Samuel Matsekete in his statement accompanying the firm's financial results for the year ended December 31, 2023.
In 2023, Old Mutual Wealth consolidated its high-net-worth business behind a unified proposition: Private Clients by Old Mutual Wealth.
Old Mutual Nigeria has sold its life and general insurance businesses to the Emple Group for an undisclosed amount, pending
Emple Group has acquired 100 per cent stake in Old Mutual Nigeria, hence, taking over its Life and General Insurance businesses, pending regulatory approval.