Dynamic Old Mutual executive selected as a WEF Young Global Leader

10 May 2018
Building on her achievement of being the second black woman to qualify as an actuary in South Africa, Old Mutual executive manager Karabo Morule has become one of only two South Africans to be invited this year to join the World Economic Forum’s community of Young Global Leaders (YGL).

Karabo Morule, Managing Director of Old Mutual Personal Finance

Morule (36) is among 10 promising leaders from sub-Saharan Africa to be admitted to this distinguished list, comprising 100 of the world’s most dynamic artists, business leaders, public servants, social entrepreneurs and technologists under the age of 40.

Started in 2004 by WEF founder Professor Klaus Schwab, the Forum of YGL provides an empowering platform for socially minded leaders to help shape an inclusive and sustainable future for the world. The aim of the programme is to enhance their skills, broaden their world views and inspire them to find effective solutions to pressing local and global challenges.

After matriculating from Johannesburg’s Roedean Senior School in 1999 with five distinctions, Morule (pictured here) obtained her Business Science degree in Actuarial Science with First Class Honours from the University of Cape Town. She is a Fellow of the Actuarial Society of South Africa (ASSA) and was recognised by the Mail & Guardian in 2014 as one of 200 young South African leaders who are shaping the country’s future.

Since joining Old Mutual in 2010, Morule has held several management positions and excelled as a principled and far-sighted leader. In January 2016 she was appointed as Managing Director of Old Mutual Personal Finance, one of the Group’s largest business segments, servicing the needs of almost 2 million customers.

Morule says she is very excited about the years ahead. “The five-year programme run by the Forum of YGL will provide me with an opportunity to attend top universities such as Harvard, Stanford and Oxford, and take part in key summits. My current paradigms will be challenged and I look forward to growing my impact as a leader.”

Old Mutual Limited CEO Peter Moyo comments: “We are immensely proud of Karabo’s selection and our company congratulates her warmly on this extraordinary achievement. We wish her much success with the YGL programme and know she will gain fresh perspectives and deep learnings to share with our business, our country and our continent.”

According to John Dutton, who heads the Forum of YGL at the World Economic Forum, “The forum challenges these 100 young women and men to do more and be more. They’ll join a community of enterprising, socially minded leaders working as a force for good, and highlight the potential for innovation to correct the shortcomings in our economies and societies.”