Old Mutual Namibia marked a significant milestone with the official launch of “Compass”, its cutting-edge fund administration system.

The official launch on 27 July 2023 brought together distinguished guests, key stakeholders, and the media to witness the unveiling of this revolutionary platform.

Patricia Olivier, the Managing Director of Old Mutual Namibia Corporate Segment, 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 shared, highlighting the forward-thinking approach embraced by Old Mutual Namibia.

She stated that as a pillar of stability for countless employers, the Orion Umbrella Pension and Provident Funds have protected dreams and aspirations of many employees for years, but with the changing landscape, it was time to evolve.

The Compass System, a state-of-the-art fund administration system, symbolises Old Mutual Namibia’s unwavering commitment to serve its customers with enhanced digitization and automation. This modern platform empowers members, employers, and intermediaries with the tools and resources to navigate the financial landscape with confidence and clarity.

Carmen Forster, Head of Business Development and Client Retention at Old Mutual Namibia Corporate Segment, acknowledged the excitement surrounding Compass and expressed gratitude for the tireless efforts of the team and unwavering support from stakeholders.

She assured attendees that immersive training sessions would be conducted to equip everyone with the knowledge and skills needed to embrace the full potential of Compass seamlessly.

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

Isaack Veii, National Sales Manager of Old Mutual Namibia Corporate Segment, emphasised Compass as a symbol of guidance and direction in the digital era.

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

The Corporate Segment 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.

In the photo: Some of Old Mutual Namibia’s employees, with invited guests, celebrating the launch of Compass.