Old Mutual's board suspended Moyo on May 23 after it concluded there had been a material breakdown in trust and confidence. It appointed chief operating officer Iain Williamson as acting chief executive officer.
Prior to joining Old Mutual, Moyo served as chief executive of investment firm NMT for a number of years and represented the company in various group company boards. Old Mutual said Moyo's conflicting interest was declared upon his employment and was governed by a specific protocol.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
busrep Hawuuu they should atleast say 'he has resign for family reason'
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Local app helps farmers protect their livestock | IOL Business ReportThe financial impact of rising stock theft in South Africa has made it essential for farmers to use technology to stay a ...
Source: IOL - 🏆 46. / 51 Read more »
Business Maverick: Big tech is under fire. Could that mean it’s time to buy?The big tech companies nicknamed FAANGs (Facebook, Apple, Amazon, Netflix and Alphabet's Google) are in the crosshairs of policymakers and regulators, now more so now than ever. As ever, the issues are tax avoidance, data privacy issues or concerns around concentration risk. In the past, they rewarded investors despite the regulatory pressure. But could it be different this time? Or does the recent dip mean its time to buy?
Source: dailymaverick - 🏆 3. / 84 Read more »