No Result
View All Result
Wednesday, July 6, 2022
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    E-Levy won’t be terminated because of IMF bailout – Gov’t assures

    Node 8, HTU hold first edition of Node X in Ho

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    ‘Seeking IMF bailout doesn’t mean e-levy has failed’ – Oppong Nkrumah

    ‘Our IMF negotiations will be in best interest of Ghanaians’ – Oppong Nkrumah

    IMF team arrives in Ghana on Tuesday ahead of Wednesday’s bailout talks

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Increase investments in digitisation platforms to ensure safe trade transactions under AfCFTA – BoG

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

  • TECHNOLOGY

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    E-Levy won’t be terminated because of IMF bailout – Gov’t assures

    Node 8, HTU hold first edition of Node X in Ho

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    ‘Seeking IMF bailout doesn’t mean e-levy has failed’ – Oppong Nkrumah

    ‘Our IMF negotiations will be in best interest of Ghanaians’ – Oppong Nkrumah

    IMF team arrives in Ghana on Tuesday ahead of Wednesday’s bailout talks

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

    Golden Tulip Hotels not sold; leased for 12 years – Management

    Tullow Ghana awards KNK contract to Petrofac as part of transformation project

    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Increase investments in digitisation platforms to ensure safe trade transactions under AfCFTA – BoG

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

  • TECHNOLOGY

    Node 8, HTU hold first edition of Node X in Ho

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

byNerteley Nettey
May 25, 2022
in News
Share on FacebookShare on TwitterShare on Whatsapp

Pan-African investment, Old Mutual Group, savings, insurance, and banking group, is celebrating its 177 years of operation globally with the Ghanaian unit also marking its 10th anniversary.

The Ghana unit, which provides insurance and pensions services, has been at the forefront of some of the most innovative insurance and pensions products and services in the country, while showing the way when it comes diversity in the workplace and leveraging technology for business growth.

Tavona Biza, Chief Executive Officer of Old Mutual Ghana, said having operated in Africa for over 176 years, the Old Mutual brand has made a mark as an outstanding and caring brand strongly known for its integrity, sound corporate governance and its contribution towards Africa’s socio-economic development.

ADVERTISEMENT

“Old Mutual Ghana provides life insurance and pensions solutions to its customers. We offer the best life insurance packages for corporate organizations and help individuals achieve their lifetime financial goals. Old Mutual Ghana is currently made up of Old Mutual Life Assurance Company Limited and Old Mutual Pensions Trust Company Limited,” he added.

Touching on the company’s achievements and technological advances in Ghana over the past 10 years, Mr. Biza said: “Old Mutual has a strong customer led approach to our technology strategy. We have made investments in embedding security, ensuring our systems are always on, the simplification and modernization of our technology, ensuring our skills keep pace with the rapidly changing technology landscape and striving for a culture of innovation.”

He added that the company has also introduced a number of revolutionary products and services into the market, chief amongst them is the Old Mutual Retirement Salary Plan, which is designed to provide a steady cash flow – a retirement salary – for people during their retirement years and to alleviate the fears of outliving their savings. “We stand as the first insurance company to bring out this product,” Mr. Biza stated proudly.

Old Mutual Ghana, he added, as part of its digital strategies to be an innovative business, launched an automated WhatsApp chatbot to handle all customer queries and enquiries.

Diversity and inclusion

With 450 staff across nine locations in the country, Mr. Biza touched on the company’s diverse and inclusive structure which has led to 70percent of its leadership being women, which is higher than corporate Ghana’s average.

“We will continue to drive diversity and inclusion, innovate around product and customer solutions, attract and retain best talents in the market, impacting the Ghanaian market through financial education programmes and investing in technology,” he said as he nods towards a brighter future for the business.

Marking the historic milestone

Rita Adu Boateng, Customer Experience & Marketing Executive at Old Mutual Ghana explained that Old Mutual Ghana, as part of the celebrations in Ghana, will be interacting with the media to share the brand’s rich heritage and experience in the financial service space; embark on a comprehensive financial education in some selected senior high schools, donate items to students after the financial education programme and top it all off with an interactive session with employees on the brand’s 177 years.

Financial Education

Old Mutual On The Money is a Financial Education programme which encourages people to change their financial behaviour and to understand money-related issues and new skills to help maintain positive financial behaviour. With its well-run digital campaign, the financial education programme has reached over 300,000 persons on Facebook, Instagram, Twitter and LinkedIn.

The campaign led to Old Mutual winning the Best Marketing Campaign of the of the Year at the 4th Ghana Insurance Awards.

Social investment during COVID-19

Old Mutual, during the most difficult period of the COVID-19 pandemic, has been very active in supporting communities and institutions at the frontline. The company donated GH¢150,000 worth of surgical gloves and nose masks to three hospitals in Accra and Kumasi.

“We distributed 1,750 branded nose masks in some parts of Accra (Dansoman, Kaneshie First light, Korle Bu junction, Osu Oxford, Gold House runabout and Accra mall) and customers who visit any of our branches.

We partnered with Vine Christian High on their online E-Learning platform during this COVID-19 pandemic for all customers (for Grade 7 & 8 / JHS1 / 2 students) and rewarded the best five students with cash prizes and branded Old Mutual souvenirs. GH¢1,200 Education policy was given to the overall best performing student,” Ms. Boateng added.

As a digitally inclined brand, Old Mutual was and continues to be very active with social media campaign on how to keep financial stability and impact in the COVID-19 pandemic. “Covid saw an introduction of our hybrid system where employees both work from home and the office intermittently. The introduction of the telesales unit which helped in reaching customers through sales during the lockdown period,” she added.

 

Related Posts

Economy

E-Levy won’t be terminated because of IMF bailout – Gov’t assures

byBobbie Osei

As government commences its in-person meetings with the delegation from the International Monetary Fund (IMF) team, led by Mission Chief...

Read more

Node 8, HTU hold first edition of Node X in Ho

IMF likely to reject program with wholesale gov’t subsidies – Prof. Quartey

‘Seeking IMF bailout doesn’t mean e-levy has failed’ – Oppong Nkrumah

‘Our IMF negotiations will be in best interest of Ghanaians’ – Oppong Nkrumah

IMF team arrives in Ghana on Tuesday ahead of Wednesday’s bailout talks

Golden Tulip Hotels not sold; leased for 12 years – Management

Next Post

Gold exports push Ghana’s trade surplus to $1.3 billion in April

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.