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Old Mutual Investment Group CEO resigns

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.