British insurer Old Mutual Plc. (ODMTY.PK,OML.L) announced Wednesday that Albert Essien has agreed to join the Boards of Old Mutual Emerging Markets and Old Mutual Africa as a Non-Executive Director, effective October 1.
Essien recently retired as Group Chief Executive Officer of Ecobank Group, an independent pan-African banking institution, having served in this capacity since March 2014, and after 25 years with the Ecobank Group.
He has held several senior positions including Deputy Group Chief Executive Officer, in addition to serving as Group Executive Director for Corporate Bank & Investment Bank.
Separately, Old Mutual announced that it has completed the acquisition of a further 37.3% shareholding in UAP Holdings Limited. Old Mutual now owns 60.7% of UAP.
The company said it has commenced with the integration process to combine the businesses.
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