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The contents of this report cover the calendar year 2004. However,
in the early part of 2005, just as this report was going into
production, Old Mutual announced its much-awaited Black Economic
Empowerment equity transaction. We took the opportunity to use this
cover to celebrate the efforts of the many Old Mutual staff members,
industry experts, advisers and stakeholders which went into the
conclusion of this landmark event.
Pictured celebrating the event are the key members of the two main
consortia who are
purchasing a stake in South Africa’s largest financial services group.
Photo: Back (left to right) Bulelani Ngcuka, Pulane Kingston, Gloria Serobe, Roddy Sparks, Wendy Luhabe, Louisa Mojela, Jakes Gerwel, Bruce
Campbell. Front (left to right) Tom Boardman, Sipho Pityana, Jim
Sutcliffe, Fred Robertson
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![Old Mutual [logo]](../2004/images/logo_home.gif) |