Information sourced by this publication indicates that Old Mutual (Malawi) Limited Group Chief Executive Officer Edith Jiya has been offered a new role within the company in South Africa.

The company has confirmed of the development in a statement made available to this publication.

According to the statement, Jiya will be taking up the roe of Managing Director: Retail Mass Market within the Mass and Foundation Cluster in Old Mutual’s Life Assurance Company of South Africa.

She is scheduled to report for the duties on November 1, 2024.

Jiya joined Old Mutual Malawi in 2011 as General Manager for the Life Assurance Company and was promoted to Group CEO in 2017, the first female to hold this position. Under her leadership, the business has grown to be a formidable player in the financial services industry, introducing innovative offerings in the market, such as the Phuka Digital Savings offering as well as Mthunzi Funeral Services.

Meanwhile, the company is in the process of appointing new CEO.