Investors back Old Mutual's restructuring to protect future payouts. From left: Old Mutual Group CEO Arthur Oginga, Old Mutual Group Chairman Dr. Habil Olaka, Old Mutual Group Company Secretary and Legal Counsel Nannette Miingi, and Old Mutual Ag. Group Chief Finance Officer Isaiah Gakonyo during Old Mutual Holdings PLC's 18th Annual General Meeting. Old Mutual Holdings PLC shareholders have approved a non-cash balance sheet restructuring aimed at reducing the historical accumulated retained losses and restore the Company's capacity to pay dividends. Shareholders approved the proposal by special resolution during the Company's 18th Annual General Meeting held on Tuesday, 30 June 2026. Life - Oct 06, 2025 Old Mutual's digital wellness app aims to tackle rising burnout and lifestyle pressures. News - Jul 27, 2024 Old Mutual to sharpen teachers' financial literacy. The restructuring involves the reduction of the Company's share premium account by transferring KES4.67 billion from the account and the application of the amount towards accumulated retained losses currently reflected on the balance sheet. As at 31 December 2025, the accumulated retained losses stood at KES 7.064 billion. Old Mutual Group CEO Arthur Oginga said the approval reflects shareholder support for the Group's ongoing efforts to strengthen its financial position and create long-term value. "This is an important step in strengthening our financial position and restoring greater flexibility for future shareholder returns as the business continues to grow and deliver sustainable performance. The approval by shareholders supports our ongoing efforts to optimise the balance sheet, enhance financial flexibility, and position the business for sustainable long-term growth and value creation," Mr Oginga said. This initiative is part of a balance sheet optimisation plan approved by the Board in 2023 and is being implemented following the Company's return to profitability over the past two consecutive years. Continued positive business performance and the execution of this balance sheet initiative will support the rebuilding of distributable reserves and accelerate the Company's path towards the resumption of dividend payment. The transaction does not involve any cash payment or distribution to shareholders, does not result in any reduction in the number of shares held by shareholders, and does not affect shareholders' proportionate ownership of the Company. It also has no impact on the Company's operations, liquidity position, cash flows, or underlying business performance. Following shareholder approval, the transaction will now proceed to the High Court of Kenya for confirmation through issuance of a court order before it becomes effective.

Old Mutual Trainee Call Centre Agent opportunity 2026. 0 5 minutes read Old Mutual is recruiting Trainee Call Centre Agents in Pinelands, South Africa. Candidates with Matric and sales experience can apply for this exciting opportunity to build a rewarding career in financial services before the closing date of 2 September 2026. Old Mutual invites applications for Trainee Call Centre Agent positions in Pinelands. One of Africa's leading financial services companies is offering ambitious and customer-focused individuals the opportunity to launch or advance their careers through its Trainee Call Centre Agent programme. Old Mutual, a trusted name in financial services across the continent, is currently recruiting Trainee Call Centre Agents for its Pinelands operations. This opportunity is designed for individuals who are passionate about sales, customer engagement, and helping clients achieve their financial goals. Whether applicants are recent graduates looking to gain experience or professionals seeking a new challenge in the financial services sector, the role provides a platform for personal growth, professional development, and long-term career progression. With a strong focus on customer service, sales excellence, and employee development, Old Mutual continues to position itself as an employer of choice for individuals looking to build meaningful careers in the financial industry. An opportunity to become part of Africa's financial story. Old Mutual has built a reputation as one of Africa's most respected financial services organisations. Operating across 14 countries, the company offers a broad range of solutions spanning life insurance, savings, investments, banking, lending, and asset management. At the heart of Old Mutual's mission is its commitment to helping customers secure positive financial futures. The Trainee Call Centre Agent role plays a vital part in achieving that goal by connecting customers with financial products and services that meet their needs. Successful candidates will become part of an organisation that believes in empowering people, supporting growth, and creating opportunities for employees to reach their full potential. What does a Trainee Call Centre Agent do? The primary responsibility of a Trainee Call Centre Agent is to market and promote Old Mutual's financial products to both existing and prospective clients through telephonic engagement. Agents are expected to understand customer needs and recommend appropriate financial solutions that help individuals protect their assets, manage their finances, and plan for the future. The role combines elements of sales, customer service, relationship management, and financial education. Key responsibilities include: * Contacting potential and existing customers telephonically * Promoting Old Mutual financial products and services * Identifying customer needs and financial goals * Building and maintaining customer relationships * Providing excellent customer service * Managing personal performance targets * Maintaining accurate customer information and records * Delivering professional and compliant financial solutions The position is ideal for individuals who enjoy interacting with people and thrive in a target-driven environment. Qualifications and experience requirements. Old Mutual is seeking candidates who possess the right combination of enthusiasm, professionalism, and sales ability. To be considered for the role, applicants must have: * Matric (Grade 12) * Between 6 and 12 months of outbound call centre sales experience or retail sales experience * Basic computer literacy, including Microsoft Office * Clear criminal and credit records While not mandatory, previous experience within the financial services industry will be considered advantageous. Candidates who have worked in customer-facing roles, sales environments, or service-oriented industries may find this opportunity particularly appealing. Skills that can set applicants apart. The company is looking for individuals who can effectively communicate, build trust, and influence customers through professional engagement. Successful candidates are expected to demonstrate: Strong communication skills. Both verbal and written communication skills are essential, as agents interact with customers daily and must clearly explain financial products and services. Customer-Focused mindset. Providing exceptional service remains a key priority. Candidates should genuinely enjoy helping customers and finding solutions that meet their needs. Sales and persuasion ability. The role involves identifying opportunities to recommend products and services while helping customers make informed financial decisions. Time management skills. Agents are expected to manage their workloads efficiently while maintaining productivity and service standards. Resilience and determination. Working in a sales environment often involves overcoming objections and handling rejection. Old Mutual seeks individuals who can remain motivated and focused despite setbacks. Skills and qualifications. Personal qualities Old Mutual values. In addition to technical skills and experience, the organisation places significant emphasis on personal characteristics that contribute to long-term success. Ideal candidates should possess: * Excellent interpersonal skills * A positive attitude * Strong customer orientation * Results-driven behaviour * Self-motivation * Emotional resilience * The ability to influence others * A desire to achieve financial rewards through performance These qualities help employees thrive in a fast-paced and competitive environment while maintaining high standards of customer care. Professional development and career growth. One of the most attractive aspects of joining Old Mutual is the company's commitment to employee development. The organisation invests heavily in training and support programmes designed to help employees improve their skills, achieve their goals, and advance their careers. Successful Trainee Call Centre Agents can expect access to: * Professional training programmes * Coaching and mentorship * Sales development support * Career progression opportunities * Exposure to the broader financial services industry * Ongoing learning and development initiatives Old Mutual believes that employee growth is closely linked to organisational success, making development a key component of its workplace culture. Working for a leading african financial services group. Old Mutual's operations span multiple sectors within financial services, including: * Life and savings solutions * Asset management * Banking and lending * Property and casualty insurance * Investment services This broad business footprint creates opportunities for employees to explore different career paths and expand their professional experience over time. For individuals seeking long-term career stability and growth within a respected organisation, Old Mutual offers an environment that supports ambition and achievement. Employment Equity commitment. Old Mutual remains committed to transformation and diversity within the workplace. Appointments will be made in line with the Employment Equity Plan of Old Mutual South Africa and the relevant business unit. Preference may therefore be given to suitably qualified candidates from designated groups where applicable. The company continues to promote an inclusive workplace culture where employees from diverse backgrounds can contribute and succeed. Important application information. Position. Trainee Call Centre Agent Location. Pinelands, South Africa Closing date. 2 September 2026 at 23:59 Interested candidates who meet the minimum requirements are encouraged to submit their applications before the deadline. Final thoughts. The Old Mutual Trainee Call Centre Agent opportunity offers more than just a job - it provides a gateway into one of Africa's largest and most respected financial services organisations. With comprehensive training, career development support, performance-based earning potential, and opportunities for advancement, the role is ideal for individuals who are passionate about sales, customer service, and helping people achieve financial security. For job seekers looking to build a rewarding career in financial services, this vacancy presents an excellent opportunity to gain valuable industry experience while becoming part of a company committed to shaping positive financial futures across Africa. Get the latest jobs, internships, bursaries, and remote opportunities delivered instantly. Follow its channels and never miss an update.

Unclaimed dividends could be waiting for you. 22 companies join JSE's campaign to trace families that should benefit from unclaimed R4.5bn. April 19, 2026 at 4:51 pm Journalist The Johannesburg Stock Exchange (JSE), together with 22 listed companies, has ramped up the call to trace individuals and families that should benefit from the R88bn in unclaimed benefits. Of this amount, at least R4.5bn is for unclaimed dividends, which is money companies accumulate and is paid to their shareholders and investors, who include employees. In 2024, the JSE started the Claim It campaign, which went live in February this year. The campaign is to help people claim dividends easily, safely, and quickly. The campaign began with an educational drive using former Bafana Lucas Radebe as its ambassador. So far, 93,000 individuals have made contact with Claim It and 15,000 have been found to be eligible and have so far claimed over R18m. About 700,000 people are eligible to claim. JSE has partners with Sasol Group, Finbond Group Limited, Old Mutual, Wilson Bayly Holmes- Ovcon Limited, ADvTECH Limited, Cashbuild Limited, Super Group Limited, Naspers, Northam Platinum Holdings, Mpact Limited, Growthpoint Properties Limited, Vodacom, Merafe Resources, Redefine Properties and Exxaro Resources Ltd. JSE's director of marketing and corporate affairs, Vuyo Lee, said some of the contributing factors in tracing beneficiaries are that people change jobs, home addresses and forget to update their banking information without notifying listed companies. This, in turn, has made it difficult to verify beneficiaries, delaying the distribution of unclaimed funds. "Sowetan is encouraging members of the public to come forward and check their statuses and the process is very quick and it's also on WhatsApp. What Sowetan learnt from other campaigns is that what frustrated people a lot were the response times. However, when you put your details in its portal, you will have an answer within five minutes. "We worked with a credit bureau agency to help us build a platform to help people check quickly. In that platform, they enriched a lot of data around the shareholder and the issue is that the shareholder data is old and that agency did was to ensure we put over 90% of the shareholders' ID numbers and cellphone numbers to assist with a quick turnaround," said Lee. JSE also partnered with the department of home affairs, which assists in verifying applicants' information. This also eliminates fraudsters and impostors. Besides the portal, Lee said they added a WhatsApp feature that allows possible beneficiaries to load their personal information and photos to make a claim in a safe environment. She also warned people against fraudsters who might want to make contact with them. "Nobody at the JSE is going to call you because our campaign is inbound so you phone us. If anybody calls you, that is not us." How to check if you have unclaimed dividends: * Gather documentation: Prepare necessary documents such as your ID, contact details and proof of address. The JSE will then verify with the department of home affairs whether the details provided correlate with those of the shareholder. * Visit the JSE website to get guidance on how to claim. * Call JSE Investor Services on 011 713 0800 and the team will provide guidance.