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Senior Old Mutual executives played a crucial role in the
development of the Financial Sector Charter, a set of agreed principles
and targets aimed at stimulating the transformation of the financial
services sector in South Africa.
Black economic empowerment
Those targets aim to encourage and facilitate:
- The recruitment and development of black staff;
- Increased procurement from black suppliers;
- Increased access to financial services and products;
- Direct investment into society; and
- Increased ownership and control of established companies by black shareholders.
We remain committed to the principles of the Charter and have set out to exceed
its targets. |
