Moyo is Business Report’s Newsmaker of the Year
CAPE TOWN – He kept South Africa’s corporate world riveted throughout 2019 after a boardroom corporate governance fall-out saw him haul the country’s biggest insurer to the South Gauteng High Court, and win, not once but twice, after they fired him.
Former Old Mutual chief executive Peter Moyo’s wrestle with the company catapulted him from an ordinary business executive into one of the country’s top resisters, easily making him Business Report’s Newsmaker of the Year.
Last week Moyo suffered a slight glitch in his bid to return to the helm of the insurer when Judge Brian Mashile, who twice ruled in his favour against Old Mutual, decided to recuse himself from the case.
But the fight is far from over.
And depending on how the court proceedings unwind next year, he may still turn out to be South Africa’s biggest whistle-blower yet on governance failure in the South African corporate world.
Source: iol.co.za
