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Old Mutual CEO in No Mood to Go Quietly in Boardroom Dispute -

BNN Bloomberg

(Bloomberg) -- Old Mutual Ltd. has embarked on a transition unlike any in its 174-year history. Suspended by the board for conflicts of interest involving his investment firm NMT Capital, Chief Executive Officer Peter Moyo signaled he had no intention of going quietly. The 56-year-old South African insists he’s done nothing wrong and his links with NMT are above board. He is demanding a “complete” payout deal before he even considers accepting an exit offer, he said by phone on Friday...

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