CISI level 3 Certificate in Wealth & Investment Management ICWIM Question # 30 Topic 4 Discussion

Demutualisation refers to the process by which a mutual savings institution, such as a building society, converts into a publicly traded company or bank. This transformation allows the institution to raise capital through equity issuance and expand its services beyond mutual members.

Example:

The Abbey National Building Society in the UK demutualised in the 1980s to become a bank.