Verification

Old Mutual (SA) commissioned On Track Verification Services, a division of Mohlaleng, to conduct a verification of its black economic empowerment performance in line with the Financial Sector Charter (FSC).

On Track has carried out the verification to the full extent possible with the information made available. A detailed verification report has been submitted to Old Mutual (SA) explaining the approach and qualifying certain findings. 

The FSC provides for an interim rating mechanism, which enables companies to measure their final score against a matrix provided by the FSC Council. Old Mutual (SA)’s total score, after discounting Access to Financial Services which was not scored, is 55.54/84. Old Mutual (SA) scores 67.73 measured against the interim rating matrix and is therefore classified as an “A” contributor to black economic empowerment, the highest rating possible.

Contact: 
Andy Brown 
Director: Mohlaleng 
011 797 2040