Axed Old Mutual CEO Peter Moyo has won his bid against his former employer to be temporarily reinstated and his dismissal has been declared unlawful.
The Gauteng High Court in Johannesburg found that he should return to his position with immediate effect. Moyo’s permanent reinstatement is pending Part B of his application which will be heard at a later stage.
Old Mutual has also been interdicted from appointing anyone to replace Moyo and was ordered to pay Moyo’s legal costs.
For more on this story go to https://www.fin24.com/Companies/court-orders-old-mutual-to-reinstate-axed-ceo-peter-moyo-20190730