| |
| BLACK
ECONOMIC EMPOWERMENT |
 |
Old
Mutual helps finance Aka Capital’s acquisition of a controlling
stake in BoE Asset Management, to create one of South Africa’s
largest empowerment fund managers, renamed as Quaystone. |
|
Old
Mutual supports the Wiphold buy-out of minority shareholders,
taking its relationship with the women’s empowerment group
to a new level. |
|
Nkonki
Advisory Services secures a R30m administration contract with
Old Mutual Employee Benefits. |
| CUSTOMERS |
|
Benefits
paid to policyholders and their beneficiaries during 2002 amount
to a record R37.5 billion. |
|
Old
Mutual Healthcare launches its flexible Oxygen medical scheme
together with Oxygen Levels — an innovative programme
that rewards members for achieving their own fitness and health
goals. |
|
63%
of respondents to the annual Markinor brand survey voice “a
great deal” of trust and confidence in Old Mutual. The
closest competitor scores 55%. |
|
The
value of new business written in 2002 exceeds R1bn for the first
time. |
| EMPLOYEES |
|
The
multi-million Rand West Campus complex which houses the Old
Mutual Business School (OMBUS), Old Mutual Asset Management
(OMAM), a canteen and gymnasium, opens its doors at Mutualpark. |
|
Following
senior appointments during 2001 and 2002, roughly 40% of Old
Mutual South Africa’s operating profits are under the
direct control of black executives. |
| HIV/AIDS |
|
Old
Mutual’s HIV/AIDS Management Programme incorporates antiretroviral
(ART) treatment for staff and their dependants. |
|
An
AIDS Orphans Programme is launched — providing financial
support to five independent projects across the country and
introducing a Staff “Adopt” an Orphan project. |
|
|
