JUST IN: Old Mutual suspends its CEO Peter Moyo | Fin24
In a brief update to shareholders on Friday, the group's board said Moyo had been suspended for a"material breakdown in trust and confidence between him and the board".Iain Williamson, Old Mutual''s chief operating officer, will assume the role of acting CEO.
The board it decided to suspend Moyo after having"various engagements" with him, but did not provide more information.
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