These are the first appointments to be made by Glyn Jones, Old Mutual Wealth’s newly appointed independent Non-Executive Chairman, who comments:
“I am delighted that Moira and Cathy have agreed to join our Board of Directors as each brings a wealth of valuable experience from their previous executive roles and deep understanding of regulated financial services businesses. I believe that the strengthening of the Board represents another significant milestone in our preparation for an independent future. My fellow directors and I look forward to working with our new Board members as we support and guide the leadership team of this unique and leading wealth management business on the next phase of its corporate journey.”
Moira brings over 25 years of technology and cyber security leadership to Old Mutual Wealth. She spent much of her career working in senior technology roles in both London and New York, predominantly with Morgan Stanley and Merrill Lynch. Moira recently retired from Morgan Stanley having held the role of Managing Director and Co-Chief Information Officer, Global Technology and Data at Morgan Stanley since 2013.
Cathy is an experienced Non-Executive Director who has spent over 30 years working in senior leadership roles at global organisations. Cathy’s current board roles include being Non-Executive Director and Chair of the Remuneration Committee at Countrywide plc and Non-Executive Director and Chair of the Remuneration Committee at Aldermore Bank PLC. She is also a Partner part time at the senior advisory organisation Manchester Square Partners. After an initial career in consulting, Cathy moved into financial services in 1997 with Barclays plc, where she rose to the position of Group HR Director and a member of the Group Executive Committee. At various times, her responsibilities have also included group strategy and investor relations. Her most recent executive role was as Chief Administration Officer at Lloyds Banking Group plc where she was responsible for a number of corporate functions. Cathy will be Chair of the Remuneration Committee at Old Mutual Wealth.
Old Mutual Wealth is a subsidiary of Old Mutual plc. Old Mutual plc is in the process of executing a managed separation strategy that will separate the Group into its four constituent businesses: Old Mutual Wealth, Old Mutual Emerging Markets, Old Mutual Asset Management and Nedbank.