Peter Moyo has been battling with Old Mutual over his sacking since he was dismissed following a dispute over a conflict of interest in June 2019.
Fired Old Mutual boss Peter Moyo has resigned from his post on the board of Nedbank.
Moyo, who was a non-executive director at Nedbank, has been battling with Old Mutual over his sacking since he was dismissed following a dispute over a conflict of interest in June 2019.
After winning a series of victories in court, he has lost at his last few hearings.
An agreement between Old Mutual and Nedbank allows the insurer to nominate one director to the board as long as it’s stake is equal to or greater than 15% in the Nedbank group.
In other news – Inside Nhlanhla Nciza’s all-white Birthday Party – Pictures
With the way Mafikizolo‘s Nhlanhla Nciza has celebrated her 42nd birthday, 2020 seems to be a special year for her. The lady celebrates her birthday in style as a couple of days ago she shared pictures of her first celebration where she was wearing a purple dress and the party was attended by close friends and relatives.
‘With everything that has been going on, I’m now more thankful for life than I have ever been. continue reading
Source: EWN
