Old Mutual launches new fund administration system

Patricia Olivier

Old Mutual Namibia launched a new fund administration system called Compass in Windhoek yesterday.

The company said the state-of-the-art fund administration Compass system symbolises Old Mutual Namibia’s unwavering commitment to serve its customers with enhanced digitisation and automation.

The modern platform empowers members, employers, and intermediaries with the tools and resources to navigate the financial landscape.

Old Mutual Namibia corporate managing director Patricia Olivier emphasised the crucial role of innovation in driving progress and evolution.

Drawing parallels between historical innovations that shaped society and Old Mutual’s legacy as a certain friend in uncertain times, Olivier underscored the need for continuous transformation to remain relevant and thrive in a rapidly changing world.

“The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow,” Olivier said, highlighting the forward-thinking approach embraced by Old Mutual Namibia.

“Old Mutual Namibia’s unwavering commitment is to serve its customers with enhanced digitisation and automation. This modern platform empowers members, employers and intermediaries with the tools and resources to navigate the financial landscape with confidence and clarity,” Olivier said.

Old Mutual Namibia corporate head of business development and client retention Carmen Forster highlighted the excitement surrounding Compass and expressed gratitude for the tireless efforts of the team and unwavering support of stakeholders.

“Immersive training sessions will be conducted to equip everyone with the knowledge and skills needed to embrace the full potential of Compass seamlessly,” Forster said.

“We are the architects of a future where dreams flourish, and financial freedom knows no bounds,” Forster said, emphasising the transformative impact of Compass on pension and retirement funds in Namibia.

Old Mutual Namibia corporate segment national sales manager Isaack Veii emphasised Compass as a symbol of guidance and direction in the digital era.

He emphasised the loyalty and enduring partnership of clients over the years and reaffirmed the importance of change to unlock efficiencies and facilitate ease of business.

The Compass launch marks the beginning of an exciting journey for Old Mutual Namibia and its valued stakeholders. It highlights Old Mutual Namibia’s dedication to innovation, customer-centricity, and a commitment to shaping a brighter financial future for all.


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