The South African Reserve Bank’s Prudential Authority has given Old Mutual Bank (OM Bank) the approval to appoint Clarence Nethengwe as chief executive officer of the country’s newest bank ...

Old Mutual’s new bank, OM Bank, will launch in South Africa this year and is set to take on Capitec in the mass market. The ...

OM Bank has received final approval from the Reserve Bank to appoint its chosen CEO with immediate effect—with the bank opening its doors in the next few months.

Clarence Nethengwe, CEO of OM Bank. Old Mutual (OM) Bank is preparing to soft launch its digital-first bank to a select group of clients in the second quarter of 2025. This will be followed by a ...

Clarence Nethengwe, chief executive officer of Old Mutual Bank. OM Bank will launch with a select group of clients in early 2025, ahead of a broader public rollout later in the year.