Mushosho appointed OMEM regional CEO

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Jonas Mushosho

Old Mutual Emerging Markets (OMEM) has appointed Jonas Mushosho regional CEO for Southern and
East Africa following the departure of Mr Tavaziva Madzinga. The group announced that Mr Madzinga
will be leaving Old Mutual after 15 years to pursue an international career opportunity with Swiss Re,
where he will be the chief executive of the Middle East and Africa business.OMEM CEO Ralph Mupita
thanked Mr Madzinga for the contribution he made to the success of the group, specifically the
invaluable role he played in developing, driving and executing Old Mutual’s strategy in Southern and
East Africa.

“This strategy remains pivotal to our vision and aspiration of becoming an African financial services
champion. Given the reinsurance and partnership opportunities that lie ahead, we expect to continue
working with Tava in his new role at Swiss Re, both in our life and short­term insurance businesses,”
Mr Mupita said.

It was also announced that Mr Mushosho, who’s been the group CEO of Old Mutual Zimbabwe since
2012, will succeed Mr Madzinga with effect from 1 October 2016. Mr Mushosho, who will continue to
be group CEO of Zimbabwe, will be based in Harare.

Mr Mushosho, a chartered accountant and MBA graduate, brings a wealth of knowledge and
experience to the table. He has been with Old Mutual for 26 years and previous positions include
managing director of the Life Business, group finance director and general manager of Retail Business
in Zimbabwe.

Mr Mupita said: “Jonas has the critical experience in life, short­term insurance and banking that we
need to drive our East Africa strategy forward and strengthen our footprint on the continent. He will
work with Tava over the next few months to ensure a smooth handover.”

Mr Mushosho said: “It is with much gratitude that I tackle this wonderful opportunity to lead our
OMSEA business. I know that I can count on the support of a very talented team in building on the
great work done by Old Mutual stalwarts.”

Mr Madzinga commented: “I have enjoyed a tremendously exciting 15 years with Old Mutual and will
miss my colleagues across the business. I believe the continent is rising and Old Mutual is well
positioned to be successful in the African markets where it’s building a presence.” – The Herald

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