Old Mutual Ghana has appointed Mr Roy Punungwe as the new Group CEO taking over from Mr Tavona Biza, who has led the business with distinction for nearly six years.
Mr Punungwe joined Old Mutual Limited in 2015 and has held several senior roles across South Africa, Botswana and Malawi, including serving as the COO and CEO of the Botswana business before moving to Malawi to assume the role of Managing Director of the Life Assurance business.
Mr Punungwe is an Actuary by profession, and has an impressive list of academic qualifications, with
an MBA from Middle Tennessee State University in the USA and an undergraduate degree from the University of Waterloo in Canada.
Commenting on his appointment, Mr Roy Punungwe expressed his enthusiasm for the new role, stating: “I am honoured to take on this leadership position at Old Mutual Ghana. The Ghanaian market presents immense opportunities, and I am confident that with the dedication of our talented team, we will continue to create great value for our customers and shareholders, whilst positively impacting our community.”
“Old Mutual Ghana is well-positioned to drive innovation and enhance financial solutions that empower individuals and businesses to achieve financial prosperity,” he added.
He also extended his gratitude to the Ghana team for their dedication and exceptional performance over the years, reaffirming his commitment to leading the company to even greater success.
Reflecting on the transition, outgoing CEO Mr Tavona Biza, said, “It has been an honour and a pleasure to lead Old Mutual Ghana. Together with our team and stakeholders, we have strengthened the business, enhanced customer trust, and positioned Old Mutual as a premier financial services provider in Ghana. I have full confidence that Roy, with his leadership and expertise, will take the business to new heights.”
BY TIMES REPOTER
