Old Mutual Ghana is pleased to announce the
appointment of Mr. Roy Punungwe as the new Group CEO. Mr. Punungwe takes over
from Mr. Tavona Biza, who has led the business with distinction for nearly six
years.
The incoming Group CEO, Mr. Roy Punungwe,
joined Old Mutual Limited in 2015 and has held several senior roles across
South Africa, Botswana and Malawi, including serving as the COO and CEO of the
Botswana business before moving to Malawi to assume the role of Managing
Director of the Life Assurance business. With a wealth of experience in
business growth, leadership development, and stakeholder value creation, he is
well-positioned to drive Old Mutual Ghana forward.
Mr. Punungwe is an Actuary by profession, and
has an impressive list of academic qualifications, with an MBA from Middle
Tennessee State University in the USA and an undergraduate degree from the
University of Waterloo in Canada. He has completed numerous Executive
Leadership Development programmes at prestigious universities across the world
like Said Business School, Harvard Business School, INSEAD and IMD and is also
a Member of the American Academy of Actuaries and Conference of Consulting
Actuaries.
Commenting on his appointment, Mr. Roy Punungwe
expressed his enthusiasm for the new role, stating: “I am honoured to take on
this leadership position at Old Mutual Ghana. The Ghanaian market presents
immense opportunities, and I am confident that with the dedication of our
talented team, we will continue to create great value for our customers and
shareholders, whilst positively impacting our community. Old Mutual Ghana is
well-positioned to drive innovation and enhance financial solutions that
empower individuals and businesses to achieve financial prosperity.”
He also extended his gratitude to the Ghana
team for their dedication and exceptional performance over the years,
reaffirming his commitment to leading the company to even greater success.
Reflecting on the transition, outgoing CEO Mr.
Tavona Biza remarked: “It has been an honour and a pleasure to lead Old Mutual
Ghana. Together with our team and stakeholders, we have strengthened the
business, enhanced customer trust, and positioned Old Mutual as a premier
financial services provider in Ghana. I have full confidence that Roy, with his
leadership and expertise, will take the business to new heights.”
This leadership change is effective from 1
January 2025. Old Mutual assures customers and stakeholders that there will be
no disruptions in service delivery during the transition. The team remains
committed to providing exceptional service and ensuring the financial
well-being of all customers.
