Kieyam Gamieldien, Managing Director Old Mutual Multi-Managers

22 March 2023; Cape Town: Old Mutual Wealth today announced the appointment of Kieyam Gamieldien as the Managing Director of Old Mutual Multi-Managers effective 1 April 2023.

He joins the business from Old Mutual Investment Group (OMIG) where he was the head of the Customised Solutions Investment Capability (investments under management of R170 billion), and was responsible for elevating the value proposition of quantitative investment styles.  He was also the Chair of the Investment Committees.  Under his leadership, the first active SA and Global ESG funds were launched as well as launching a securities lending desk.

Gamieldien is a qualified chartered accountant, seasoned strategist and investment professional, having spent approximately 15 years in the Old Mutual stable.  He has served as Head of Guaranteed Investment Products and General Manager for Product Solutions, and was accountable for investment strategies and asset allocation of all with-profit funds.  Gamieldien worked closely with the Corporate business and was responsible for strategy and the development of smooth bonus, structured and annuity products.

Trevor Pascoe, the outgoing MD of the Multi-Manager, will assume responsibility for Product, Proposition and Platforms across the Old Mutual Wealth business.

Says Farhad Sader, Managing Director of Old Mutual Wealth “the Multi Manager is a crucial aspect of the vision we have in creating a strong and integrated investment business, with exposure to a diverse range of asset classes and investment managers”.  Kieyam’s appointment will accelerate our repositioning of the Multi- Manager business across a number of dimensions and accelerate our growth and ambitions in this space, he concludes”.

ENDS