Old Mutual has extended the contract of its chief financial officer (CFO), Casper Troskie, by a year to help with the group's ongoing adoption of new global accounting standards and to provide continuity as it builds out a new banking offering.
Troskie, who was appointed Old Mutual's CFO in March 2018, is set to reach the company's normal retirement age of 61 in April 2024.
Nevertheless, Old Mutual said it has commenced a process to appoint a suitable candidate as a successor.