Clarence is Chief Executive Officer OM Bank. He joined the Group in 2009 as a Legal Executive and later became the General Manager: Sales & Distribution for the Mass and Foundation Cluster and then Managing Director: Mass & Foundation Cluster.

1 day ago · Old Mutual Bank (OM Bank) has received final approval from the South African Reserve Bank’s Prudential Authority to appoint Clarence Nethengwe as Chief Executive Officer, effective immediately. This move marks an important milestone for the digital-first bank, which is set to officially begin operations in 2025. The new bank, designed to cater to the mass […]

1 day ago · Clarence Nethengwe has been appointed CEO of OM Bank effective immediately. In a statement, Old Mutual said the bank received approval from the South African Reserve Bank’s Prudential Authority ...

2 days ago · OM Bank has received approval from the South African Reserve Bank’s Prudential Authority to appoint Clarence Nethengwe as Chief Executive Officer (CEO) of the country’s newest bank, effective immediately. OM Bank will launch with a select group of clients in early 2025, ahead of a broader public rollout later in the year. The bank will ...

Sep 16, 2024 · Old Mutual has appointed company veteran Clarence Nethengwe as CEO-designate of its new banking business, it said on Friday, 13 September 2024.

1 day ago · Clarence Nethengwe, OM Bank CEO. Old Mutual believes OM Bank will attract new unbanked customers in South Africa. It also believes its services will benefit the country’s “banked” residents.

Sep 15, 2024 · Nethengwe, who has been with Old Mutual for over 15 years, was instrumental in developing the initial business case and appointing the first key executives for the new bank, the insurer said. He is currently managing director of Mutual's Mass & Foundation business.

Clarence Nethengwe has been appointed as the CEO-designate for Old Mutual’s new bank. The group said that Nethengwe will take up the role on 1 November, subject to regulatory approval.

Old Mutual has announced the appointment of Clarence Nethengwe as CEO-designate at Old Mutual Bank (OM Bank), effective 1 November 2024, pending regulatory approval.