Old Mutual Ghana has once again demonstrated its unwavering commitment to the welfare and well-being of its stakeholders by extending a compassionate hand to the Ghana Armed Forces (GAF).

In a remarkable gesture of solidarity, the company paid out Group Welfare claims amounting to over GH¢130,000 to the Department of the Civilian Establishment of the Ghana Armed Forces, under the Ministry of Defence.

This move underscores Old Mutual Ghana’s dedication to safeguarding what matters most—its clients, partners, and the broader community. It reflects the company’s core values of empathy, integrity, and service excellence, which continue to define its brand identity as one of Ghana’s most trusted financial institutions.

As part of its continued stakeholder engagement, a high-powered delegation from Old Mutual Ghana, led by Kosmas Egumbo, Old Mutual Africa Regions (OMAR) Life & Asset Management Executive, and Roy Punungwe, Group Chief Executive Officer (CEO) of Old Mutual Ghana, paid a courtesy call on the Department of the Civilian Establishment of the Ghana Armed Forces.

The visit was not only a show of goodwill but also an expression of the company’s appreciation for the enduring partnership between Old Mutual Ghana and the Ministry of Defence. During the engagement, the delegation presented a cash donation alongside Group Welfare claims for seven gallant officers who lost their lives in the line of duty.

Kosmas Egumbo reaffirmed Old Mutual’s deep sense of responsibility toward its partners, stating, “We take relationships with our stakeholders seriously. We believe that our business thrives because of stakeholders like you.” His remarks highlighted the company’s philosophy that financial services go beyond profits—they are about building enduring relationships rooted in trust and mutual respect.

Tribute to the Fallen and Support for the Living

The presentation of the welfare claims was both a solemn and uplifting moment. It served as a tribute to the dedication and sacrifice of officers who serve the nation selflessly. The gesture provided comfort to the bereaved families and demonstrated Old Mutual’s belief in standing with clients during life’s most challenging times.

Receiving the donation, Brigadier General Dagadu, Director General of the Defence Civilians Establishment, commended Old Mutual Ghana for its proactive approach to welfare and its consistent support for the Armed Forces. He acknowledged that such acts of compassion reinforce the morale of personnel and contribute to the welfare infrastructure that sustains the institution.

“We appreciate Old Mutual’s continued partnership and its commitment to improving the welfare of our personnel. This support strengthens our resolve and demonstrates the company’s genuine care for the people it serves.”
Brigadier General Dagadu

Old Mutual Ghana’s relationship with the Ghana Armed Forces is not a one-off engagement but part of a long-term strategy to build partnerships that foster mutual growth and support. Over the years, the company has provided comprehensive life insurance and pension packages tailored to the needs of GAF personnel and other institutions across the country.

According to Roy Punungwe, the visit to the Ministry of Defence forms part of Old Mutual’s stakeholder engagement plan, which focuses on nurturing relationships through transparency, reliability, and consistent delivery of value.

“As a business that is dedicated to protecting what matters most for institutions and businesses, these gestures are important to us. They reinforce our belief that financial protection is not just about money—it is about people, relationships, and the trust we build over time.”
Roy Punungwe

A Legacy of Protection and Peace of Mind

Since its establishment in Ghana in 2013, Old Mutual Ghana has become a leading integrated financial services provider, offering innovative life insurance and pension solutions designed to meet the unique needs of individuals and corporate institutions. The company operates through Old Mutual Life Assurance Company Limited and Old Mutual Pensions Trust, both of which provide a diverse portfolio of financial products including savings plans, group life benefits, funeral plans, travel insurance, and pension schemes.

With a strong heritage rooted in South Africa, Old Mutual has maintained a steadfast presence across the African continent for more than 179 years. In Ghana, the company continues to leverage both its deep local insights and international expertise to deliver world-class financial services that empower clients to secure their financial futures.

Old Mutual’s mantra of being “a certain friend in uncertain times” continues to resonate with clients and stakeholders alike. The company’s proactive welfare initiatives, responsive claims processes, and customer-first culture reflect its unwavering dedication to ensuring peace of mind for all.