{"id":6743,"date":"2012-01-06T01:18:54","date_gmt":"2012-01-05T23:18:54","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/insurer-old-mutual-names-new-strategy-chief\/"},"modified":"2012-01-06T01:18:54","modified_gmt":"2012-01-05T23:18:54","slug":"insurer-old-mutual-names-new-strategy-chief","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/insurer-old-mutual-names-new-strategy-chief\/","title":{"rendered":"Insurer Old Mutual names new strategy chief"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">LONDON<\/span> Jan 5 (Reuters) &#8211; Anglo-South African<br \/>\nfinancial conglomerate Old Mutual on Thursday named<br \/>\nformer senior UBS banker Ian Gladman as its new strategy<br \/>\ndirector as it pushes through a radical plan to simplify its<br \/>\nsprawling structure.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Gladman, who advised Old Mutual on its initial public<br \/>\noffering while working as UBS&#8217; head of corporate finance in<br \/>\nSouth Africa, takes over from Don Hope, who plans to retire<br \/>\nlater this year, the company said.<\/p>\n<p><span><\/span><\/p>\n<p>Old Mutual last month offloaded its Nordic operations in the<br \/>\nlatest of a series of disposals aimed at reducing debt and<br \/>\nmollifying investors who say the group&#8217;s share price has been<br \/>\nheld back by its complex structure and lack of focus.<\/p>\n<p><span><\/span><\/p>\n<p>The company, which at its peak owned insurance, banking and<br \/>\nasset management businesses in over 35 countries, faced a<br \/>\nsetback in 2010 when a planned $8 billion sale of its majority<br \/>\nstake in South African lender Nedbank to HSBC fell<br \/>\nthrough.<\/p>\n<p><span><\/span><\/p>\n<p>Gladman was most recently co-head of financial institutions<br \/>\nfor the EMEA region at UBS, and previously worked at Goldman<br \/>\nSachs and JP Morgan.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON Jan 5 (Reuters) &#8211; Anglo-South African financial conglomerate Old Mutual on Thursday named former senior UBS banker Ian Gladman as its new strategy director as it pushes through a radical plan to simplify its sprawling structure. Gladman, who advised Old Mutual on its initial public offering while working as UBS&#8217; head of corporate finance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-6743","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=6743"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/6743\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=6743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=6743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=6743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}