Former Sanlam Executive Jurie Strydom Appointed to Lead Old Mutual as Iain Williamson Retires

Old Mutual has announced the appointment of Jurie Strydom as its next Group Chief Executive Officer, marking a significant leadership transition as long-serving CEO Iain Williamson steps down after more than three decades at the company.

Strydom, who previously served as CEO of Sanlam Life and Savings, will take the reins on June 1, 2025, following Old Mutual’s Annual General Meeting. Until then, he will act as CEO designate alongside Williamson, ensuring a smooth handover.

Williamson, 55, joined Old Mutual in 1993 and was appointed CEO in 2020. He will remain a board director until the AGM and will continue to support the executive team until his full retirement on August 31, 2025.

“Williamson has been a true leader, guiding Old Mutual through both internal transitions and national crises such as the Covid-19 pandemic,” said Chairman Trevor Manuel. “Under his leadership, the company has become stronger, more innovative, and increasingly tech-driven.”

Why Jurie Strydom?

The board’s choice of Strydom is a strategic one. The incoming CEO holds an MBA from MIT and is a Chartered Financial Analyst (CFA). He brings decades of experience in South Africa’s financial services industry, having previously led Regent Insurance Group, Alexander Forbes Life, and served as executive director at Imperial Holdings.

He is currently Chairman of FSPHub, a fintech firm, and Common Good, an NGO focused on early childhood support and job creation in underprivileged communities. Strydom is expected to step down from FSPHub’s board to fully dedicate himself to his new executive role at Old Mutual.

“We were looking for someone with strategic insight, a strong operational track record, and a firm grasp of financial technology,” said Manuel. “Jurie ticks every box.”

Strydom’s leadership background is deeply rooted in digital innovation, transformation, and disciplined capital allocation—skills the board believes are crucial for the next phase of Old Mutual’s growth.

What Comes Next for Old Mutual

The appointment comes at a time when Old Mutual is expanding its reach in the banking and fintech sectors. With Strydom at the helm, the company aims to deepen its commitment to product innovation and broaden its client service capabilities.

“Jurie’s strong industry reputation and network will be valuable assets as Old Mutual continues to evolve in a competitive financial services landscape,” Manuel added.

The transition sets the stage for a new chapter in Old Mutual’s 179-year legacy, reinforcing its vision for digital transformation and inclusive growth.

{Source: The Citizen}

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