In a move set to reshape Uganda’s life insurance landscape, Kenneth Kitariko has been appointed new Chairman of the Board of Directors at Old Mutual Life Assurance Uganda Limited.
This appointment marks a pivotal moment in the company’s history, as it seeks to strengthen its position and chart a bold path forward in the dynamic financial services sector.
With a career spanning over two decades, Mr. Kitariko’s extensive expertise in fund management, capital markets, investment advisory, and financial regulation makes him a perfect fit to lead Old Mutual through the challenges and opportunities of an evolving market.
His appointment thus brings a wealth of experience to the company, making it poised to elevate its strategic direction and governance standards.
A Legacy of Leadership and Innovation
Kitariko is no stranger to leadership excellence. He has been serving on the Board of Old Mutual Life Assurance Uganda since 2021, where he has contributed significantly, particularly as Chair of the Board Finance Committee.
His leadership has been instrumental in shaping the governance and strategic decisions that have positioned the company for long-term growth.
Education Background
With an academic foundation in law and finance from prestigious institutions such as the University of Essex, Saint Joseph’s University, and the Johannesburg School of Finance, Mr. Kitariko’s credentials reflect his dedication to lifelong learning and professional excellence.
His executive leadership programs at Harvard Business School, Columbia Business School, and GIBS Business School have further honed his ability to drive impactful change.
Exceptional Experience
Mr. Kitariko’s distinguished career spans Uganda and East Africa, where he has played a critical role in the financial sector.
His expertise in navigating complex financial landscapes equips him with the strategic insight needed to steer Old Mutual Life Assurance Uganda toward new growth horizons.
Fostering Innovation in Uganda’s Insurance Sector
As Old Mutual Life Assurance Uganda looks to the future, Mr. Kitariko’s leadership promises to catalyse significant change in the insurance sector. Under his stewardship, the company is poised to drive financial inclusion, enhance governance frameworks, and deliver innovative products and services that meet the evolving needs of Ugandans.
The leadership transition comes at a crucial time, with the insurance industry in Uganda experiencing rapid change and growth.
Hence, Mr. Kitariko’s deep understanding of market dynamics, combined with unwavering commitment to customer-first solutions, will ensure that Old Mutual will remain a key player in Uganda’s financial services sector.
Honouring the Legacy of Ms. Sophie Nkuutu
Mr. Kitariko’s appointment is also a moment to reflect on the incredible legacy left by Ms. Sophie Nkuutu, the outgoing Chairperson. Under Ms. Nkuutu’s leadership, Old Mutual Life Assurance Uganda cemented its position as a leader in the country’s life insurance sector.
Her strategic vision, commitment to governance excellence, and tireless dedication to the company’s success laid a solid foundation for the company’s continued growth.
As Mr. Kitariko takes over the reins, he is committed to building on Ms. Nkuutu’s legacy, ensuring that Old Mutual Life Assurance Uganda continues to lead with integrity and a vision for the future.
Bright Future Ahead
Looking to the future, Mr. Kitariko is ready to lead Old Mutual Life Assurance Uganda into a new era of innovation, growth, and transformation. With a focus on customer-centric strategies, sustainable financial solutions, and leadership in governance, the company is poised to continue making a lasting impact on the lives of Ugandans.
As Mr. Kitariko himself shares, “I am committed to upholding Old Mutual’s legacy of excellence while driving the company’s growth and ensuring we provide Ugandans with the financial security and innovation they deserve.”
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