Key Updates (January 4 - January 11, 2026)

• The most recent headlines and developments for Old Mutual Limited center around their new bank launch and business strategy from late 2025:
  • OM Bank Launch: Old Mutual officially launched its digital-first OM Bank in late 2025, targeting South Africa's mass market. The bank has already converted existing Money Account clients and is focused on competing directly with Capitec.
  • Acquisition of 10X: In October 2025, Old Mutual announced it was acquiring a majority stake in 10X Investments to expand its presence in the passive investment market, a deal expected to be completed in Q2 2026.
  • Leadership Changes: New executive appointments for Old Mutual Insure and Group Risk were announced in November 2025, with the changes effective January 1, 2026.
  • 2026 Internships: The company recently invited applications for its 2026 Corporate Internship Programme.