Malusi Ndlovu

Managing Director, Mass Foundation Cluster, Old Mutual Mass Foundation Cluster

Malusi Ndlovu is Managing Director, Mass Foundation Cluster of Old Mutual Mass Foundation Cluster, in the role since July 2026.

The Mass Foundation Cluster is Old Mutual's lower-income and emerging middle-class business in South Africa, part of its Life and Savings segment. Ndlovu returned to Old Mutual from Absa.

In the job

  1. Old Mutual appointed Ndlovu managing director of the Mass Foundation Cluster, effective 1 July 2026. Source

  2. Old Mutual announced external hires across Life and Savings, OM Bank and Old Mutual Insure, including Ndlovu for the cluster. Source

Career before

  1. Leader of Large Enterprise Market strategy, corporate consulting and product demand, Old Mutual Corporate
  2. Head of Wealth Consolidation and Distribution, Absa

Sources

  1. fanews.co.za
  2. bizcommunity.com
  3. fanews.co.za

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

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