Seaton seconded to Old Mutual in run-up to float

Citigate Dewe Rogerson director Ian Seaton has been seconded to head PR for South African financial services firm Old Mutual in the run-up to its London flotation this summer.

Citigate Dewe Rogerson director Ian Seaton has been seconded to

head PR for South African financial services firm Old Mutual in the

run-up to its London flotation this summer.



Part of Seaton’s three-month brief is to recruit a full-time corporate

affairs and investor relations head for the new plc.



This post will report to either Old Mutual’s CEO or its finance director

and oversee all London-based communications, working closely with Old

Mutual’s existing investor relations and PR team in Capetown.



Seaton stepped into the vacant post this week to steer the firm’s PR

until its flotation. He will work closely with Old Mutual finance

director Eric Ansee and the firm’s financial PR agency, College

Hill.



This is not the first time Seaton has stepped into vacant PR posts on

secondment: last autumn, he completed a two-and-a-half-year stint at

utility Eastern Group, whose finance director was then Ansee.



Old Mutual announced its plans to demutualise and float last year. Once

listed, it is expected to enter the FTSE 100, with an estimated market

capitalisation of between pounds 3.6 and pounds 4.1 billion.



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