News Formal

Surprise suspension of Old Mutual CEO Peter Moyo roils markets | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The share price of Old Mutual Limited declined by 6 percent after the financial services group announced the suspension of its chief executive. busrep

DURBAN – The share price of Old Mutual Limited declined by 6 percent after the financial services group announced the suspension of its chief executive, Peter Moyo, due to a conflict of interest between the two parties. The group said on Friday that the separation was a result of a material breakdown of trust and confidence, which occurred due to the management of conflicts of interest in business relations with related parties.

Moyo led the group in June last year, when it moved its primary listing to the JSE after it was separated from the London-based group. A spokesperson for the company said Old Mutual chairperson Trevor Manuel would provide more information at the insurer’s annual general meeting on Friday afternoon.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 46. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Old Mutual suspends CEO Moyo over 'breakdown in trust and confidence' | IOL Business ReportOld Mutual has suspended CEO Peter Moyo with immediate effect, citing 'a material breakdown in trust and confidence between him and the board'. busrep What
ソース: IOL - 🏆 46. / 51 続きを読む »