Old MutualLife Assurance Co. (South Africa) Ltd. and Old Mutual InvestmentGroup said Diane Radley resigned as CEO of the latter due to personal reasons.
Radley will leave at October-end.
However, she will continue to serve on Old Mutual RealEstate Holding Co.'s board as a nonexecutive board member.
Managing Director of Old Mutual Specialised Finance BradleyKalil will serve as acting CEO. The recruitment process for a newCEO of Old Mutual Investment Group is underway.
Old MutualPlc is the ultimate parent of all the aforementioned companies.