17 July 2009 - Leading financial savings and investment giant Old Mutual South Africa (OMSA) today announced the appointment of Kuseni Dlamini as Chief Executive Officer to succeed Paul Hanratty.

Hanratty was recently appointed as the Chief Executive of the Old Mutual plc Long Term Savings division.
Dlamini (41) is currently the head of Anglo American’s South African operation. He has held this position since July 2008 after gaining valuable management experience within large multi-national organisations, such as Anglo Gold Ashanti and De Beers Consolidated Mines. More recently, between 2005 and 2008, he was the Executive Chairman of Richards Bay Coal Terminal Company (RBCT), the single largest export coal terminal in the world.

Kuseni graduated from the University of Natal with a Bachelor in Social Science and was a Rhodes Scholar at Oxford University where he did his Masters in Philosophy.

In 2008 he was selected as one of the ‘Young Global Leaders’ by the World Economic Forum and the Mail & Guardian named him as one of the top 200 young people worth taking to lunch.

Kuseni is active in professional bodies which include African Chambers of Commerce and the South African Institute of International Affairs. He is the non-executive director of the National Business Initiative and also a member of the Advisory Council for the Wits Business School.

Taking up his new role on 1 September 2009, Dlamini will be based at the company’s head office in Sandton (Johannesburg). In his capacity as the CEO of OMSA, he will report to Hanratty and be accountable for the South African and African operations of Old Mutual.

Dlamini is keen to take on this new challenge. ‘I am very excited to join a highly esteemed organisation like Old Mutual during what appears to be an exciting time for the financial services sector in SA and elsewhere in the world. Paul (my predecessor) has done a remarkable job which provides an excellent basis to take Old Mutual to the next level in terms of its brand equity, customer focus and the pursuit of excellence in all aspects of its business,’ he said.

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