Old Mutual top employer in Africa

HARARE - Insurance giant, Old Mutual Zimbabwe (OMZ) has emerged as a top employer in Africa in a survey conducted by the Corporate Research Foundation Institute.

Old Mutual Africa is a maiden participant in the survey which has been running for years, where it was benchmarked against organisations that are well known for excellent human resources practices.

Managing director of Old Mutual Shared Services, Simon Hammond, said the certification of OMZ as a Top Employer in Africa consolidated the group’s overall reputation as an industry leader.

“We are very excited that Old Mutual Zimbabwe was certified as a Top Employer in Africa for the first time the certification is running in multiple African countries.

“This recognition is a clear testimony that Old Mutual is a responsible employer that cares about developing and rewarding its people,” said Hammond.

The top employer programmes are conducted in 13 countries, across five continents, and more than 2 500 companies participated in this year’s surveys.

The programme focuses on companies that offer the best in terms of human resources policies and employee offering.

“Only those companies that offer the best in class conditions for their employees earn the certification. We are therefore very proud that Old Mutual Zimbabwe was ranked amongst the Top Employers in Africa. Credit goes to the human resources team for their steadfast effort in making the group an employer of
choice,” he said.

For being certified as a top employer in Africa, OMZ will be allowed to carry the Top Employers Africa Certification Seal to confirm its place among premier employers globally.

The certification adds to Old Mutual’s growing reputation as an employer of choice in Zimbabwe.

In responding to empowerment regulations as stipulated in the Indigenisation and Economic Empowerment Act, the group allocated 10 percent of its shares to employees.

Old Mutual has a staff complement of 1 000 and when dependants are factored in, the impact of this is far reaching.

The listed concern recently announced the appointment of its head of Old Mutual Life Assurance Company, Jonas Mushosho as its new group chief executive, to succeed Luke Ngwerume as part of a re-organisation of its top management.

The company also elevated two senior executives to the positions of deputy CEO.

Zomunoda Chizura is now deputy CEO: Life and Asset Management, while CABS managing director, Kevin Terry, moves into the position of deputy CEO for Zimbabwe. - Business Writer

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