Helping you reach your long-term financial goals

Old Mutual is a prestigious African financial services company that provides both retail and business clients with financial solutions. Old Mutual South Africa (OMSA) was established on 17 May 1845 in Cape Town as South Africa's first mutual life insurance company, offering financial security in uncertain times for over 177 years.

David Nghimwenavali, the executive assistant to the CEO and group strategy analyst, said Old Mutual established a branch in Namibia in 1920, after South Africa was granted permission under a Class C mandate from the League of Nations to administer Namibia (then called South West Africa). Old Mutual celebrated its centenary of operations in Namibia in 2020 and continues to be a market leader.

The company’s goal is to make their clients successful by allowing them to reach their long-term financial objectives and investing their money in ways that will benefit their own families, communities and society at large.

Old Mutual ‘s mission is to champion mutually positive futures for its customers and stakeholders, every single day, and to become the first choice for customers to sustain, grow and protect their prosperity. Old Mutual’s is passionate about helping customers achieve their financial goals.

Currently, Old Mutual operates in 14 nations over two continents, employing over 30 000 people in both Africa and Asia (South Africa, Namibia, Botswana, Zimbabwe, Kenya, Malawi, Tanzania, Nigeria, Ghana, Uganda, Rwanda, South Sudan, Eswatini and China). Old Mutual Namibia currently employs 900 employees across the 14 regions.

The company’s presence in Namibia is deep-rooted. This year, they are celebrating 102 years of uninterrupted operations in Namibia. This is a clear indication that Old Mutual has not only become embedded in the fabric of Namibian society, but it is actively part of Namibia’s economic development and historic transition.

As one of Namibia’s oldest brands, it is worth considering how a brand achieves such longevity. The key to Old Mutual’s success is that the company has always taken the long-term view and always understood that change, challenges and opportunities are the only constants. Throughout the years, Old Mutual’s support of its customers, businesses and communities has been unwavering and they will continue to deliver shared value through the following building blocks for a better future for Namibia:

Leadership and Employees: Old Mutual makes use of the wisdom that is born of experience.

Responsible Business Pillars: Old Mutual always tries their best to solve real life problems.

Customer Centricity: Old Mutual places their customers at the centre of everything that they do.

Innovation and Agility: Old Mutual innovates to ensure their products & solutions are designed to meet customer needs.

Old Mutual is a proud Pan-African brand that strives towards celebrating their customers. The company offers their customers a variety of innovative life insurance-based product solutions, addressing both protection, savings needs as well as short-term insurance solutions through Old Mutual Insure. Their Investment Group, which is one of the largest asset managers in the country, is responsible for delivering sustainable, long-term investment returns to institutional, corporate, and retail clients, through its specialist team.

The following six values guide Old Mutual:

• Always act with integrity;

• Trust and accountability;

• Respect for each other and the communities we serve;

• Champion the customer;

• Agile innovation that makes a difference; and

• The power of diversity and inclusion.

Through their corporate solutions, the company further offers employers and their employees retirement solutions and retirement funds.