Old Mutual Wealth adds chief information officer

Old Mutual Wealth has announced the appointment of Leon Deist as chief information officer, as the company gears up for its managed separation from parent Old Mutual plc.

Effective 1 December, Deist will assume responsibility for overseeing Old Mutual Wealth’s technology and change functions and will report to Steve Braudo, chief operating officer, the company said in a statement announcing the appointment today.

Deist will join the business from Liberty Group, South Africa, where he was responsible for technology transformation, digital strategy and shared service operations.

Prior to that, he was director of enablement at Virgin Money (SA) responsible for the technology build and outsourced operations, and a founding member of Arivia, a technology outsource service provider that managed some of the biggest outsource contracts in the country.

‘Managed separation’

Braudo said: “As we prepare for managed separation from Old Mutual plc we are building the skills and capabilities we need for the future. We need to ensure that our technology capability is organised and strengthened to be ready for our independent future.”

ABOUT THE AUTHOR
Gary Robinson
Deputy Editor, International Investment and Head of Video at Open Door Media Publishing. A fully qualified journalist and filmmaker with more than 20 years' financial services experience, both as journalist and originally as an IFA.

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