The extent of Old Mutual South Africa's (Old Mutual SA) investment businesses means that there are a number of associated Boards of Directors. However, operational authority lies with the Old Mutual Life Assurance Company South Africa (OMLACSA) Board of Directors (the Board).
The Board oversees the general governance of Old Mutual SA’s business. It also provides guidance, input and advice on strategy, budgets and business plans while monitoring investment and legislative compliance.
As well as attending regular Board meetings, Directors are required to sit on various committees that focus on key governance concerns.