Old Mutual Ltd (JSE:OMU)
R 12.7 -0.03 (-0.24%) Market Cap: 55.33 Bil Enterprise Value: 35.79 Bil PE Ratio: 7.10 PB Ratio: 0.96 GF Score: 67/100

Half Year 2020 Old Mutual Ltd Earnings Call Transcript

Sep 01, 2020 / 09:00AM GMT
Release Date Price: R10.3 (+7.60%)
Iain George Williamson
Old Mutual Limited - CEO & Director

Okay. good morning, ladies and gentlemen. My name is Iain Williamson. As most you know, I've recently hosted a number of these results presentations, but this is the first since I was appointed as Group CEO in July.

Before I start, I want to let you know that we heard yesterday of the sudden and unexpected passing of our former Chairman, Mike Levett, who was the architect of our demutualization. We express our sincere condolences to his family. Allow me to quickly repeat my thanks to the Board and to our stakeholders, including many of you taking part today for your support. I've got an exceptionally talented and established executive team at my side. And with their ongoing support and that of our Board, I've no doubt that we will continue to consistently reward your confidence and trust. So thank you again.

The 6-month period for which we've gathered, albeit remotely, to discuss today were certainly the most challenging faced by this organization and is on a scale more severe than the global financial crisis of 2008. We

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