Old Mutual has named Jurie Strydom as its CEO designate, effective June 1, 2025, succeeding Iain Williamson, who is retiring early at 55 after over 30 years with the company. Strydom, a seasoned actuary with an MBA from MIT, will work alongside Williamson until the annual general meeting on May 30, ensuring a seamless transition. Williamson, who will remain a board director until the AGM and advise until August, leaves a legacy of steady leadership. The appointment, announced on May 9, follows a rigorous selection process, with Strydom’s deep industry experience positioning him to drive Old Mutual’s growth amid a competitive landscape.
Strydom brings a wealth of expertise, having led Sanlam Life and Savings, Regent Insurance, and Alexander Forbes Life, alongside serving as an executive director at Imperial Holdings. His credentials include a chartered financial analyst qualification and a track record of steering complex financial services firms. As a board member, Strydom has already shown strategic foresight, championing fintech innovations and operational efficiencies. His leadership is expected to sharpen Old Mutual’s market edge, with a focus on disciplined capital allocation and product innovation to meet client needs. Additionally, his roles as a fintech investor and chair of FSPHub and Common Good, a non-profit supporting underprivileged communities, highlight his commitment to transformation and social impact, aligning with Old Mutual’s broader mission.
The transition comes at a pivotal moment for Old Mutual, as it seeks to bolster its position in a fast-evolving industry. Williamson’s departure, bound by a two-year non-compete agreement, marks the end of an era defined by resilience through crises like the Covid-19 pandemic. Strydom inherits a company with strong fundamentals but ams and proven ability to lead diverse teams will be crucial in sustaining Old Mutual’s profitability and innovation drive. As Strydom prepares to take the reins, stakeholders are optimistic that his strategic vision will propel Old Mutual forward, cementing its legacy while embracing the future of financial services.