Old Mutual COO to exit after 30 years

Hanratty steps down in 2016

The chief operating officer of Old Mutual is to leave the group after 30 years.

Paul Hanratty, who has worked at group level in the UK and South Africa, will remain the board until the company's preliminary results are announced in March 2016. He must also work a 12-month notice period which ends 14 September 2016 He said: "I have been privileged to work at Old Mutual over a period when the company has developed exceptional businesses in both Africa and the UK. "I would like to wish everyone at Old Mutual the best for the next chapter in its ongoing development." Group chief executive, Julian Roberts, said: "Paul has dedicated over 30 years to Old Mutual both ...