Old Mutual life assurance company of South Africa (OMLACSA) has announced that its current chairman Mike Levett is to retire from the Board in April.
He will be replaced by Jim Sutcliffe, CEO of Old Mutual plc.
This follows the December 2004 announcement that Levett would be retiring from his position as Chairman of the Old Mutual plc board in May, and would be succeeded in that position by Christopher Collins.