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March 19, 2026
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    Ndegwa family

    A graphic representation of ICEA Lion operations across East Africa.

    US Insurance Giant to Exit ICEA Lion: What it Means for Uganda’s Insurance Market

    Jeff WintersThe Big StoryMarch 2, 2026March 3, 2026

    A major shift is underway in East Africa’s insurance sector after a US-based global financial services firm announced it will sell its entire 24.1% stake in ICEA Lion Insurance Holdings,…

    A photo collage of former Kenyan president Uhuru Kenyatta, NCBA Group chairman James P. M. Ndegwa, NCBA Group managing director John Gachora, and former Kenyan minister, the late Simeon Nyachae, whose family maintains a substantial holding in NCBA Group. If Standard Bank, which trades as Stanbic in Uganda and Kenya, takes over NCBA Group, the key figures above, whose families are represented by different individuals as shareholders, will be some of the biggest beneficiaries from either a windfall in the form of a payout or a shareholder value addition derived from an enlarged regional banking powerhouse.

    The NCBA Windfall: Shareholders Set for a Windfall if Stanbic Seals the Takeover

    CEO East Africa MagazineThe Big StoryOctober 16, 2025October 23, 2025

    If the long-rumored Stanbic–NCBA merger or buyout becomes reality, NCBA shareholders could emerge as the biggest winners in East Africa’s next major banking shake-up. The market already seems to agree….

    NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

    Paul MurungiBanking & Financial ServicesThe Big StoryOctober 15, 2025October 22, 2025

    Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is…

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    CEO East Africa
     
    Thought Leadership
    • Business & Markets
      • The Big Story
      • Company News
      • Banking & Financial Services
      • News & Analysis
      • Technology & Innovation
      • Energy, Oil & Gas
      • East Africa
      • Investigations & Special Reports
      • Economy & Policy
      • Markets & Money
      • Global News
      • Hospitality & Tourism
      • Real Estate & Construction
      • Legal & Justice
      • Manufacturing & Industry
      • Media & Communication
      • News In Pictures
      • Politics & Goverment
      • Regulation & Compliance
      • Sponsored Content
      • Agriculture & Agro-industry
    • Leadership & Governance
      • CEO Perspectives
      • Executive Profiles
      • Women In Leadership
      • Entrepreneurship
      • Transitions & Succession
      • C-Suite Leadership
      • Boards & Governance
      • Thought Leadership
      • Ugandans Excelling Abroad
    • Lists & Rankings
      • 100 Leading & Admired CEOs
      • 100 Most Trusted & Respected Companies
      • 100 Women Fixing Uganda
      • Billionaires
      • 100 Women in Finance
      • 50 Leading CFOs
      • 50 Leading CHROs
      • CEO Of The Week
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      • The Uganda 300 Index
      • Top 50 CMOs
      • Top Law Firms
      • Uganda’s 100 Oil & Gas Leaders 2024
      • Product of the Week
    • Lifestyle
      • The Executive Traveler
      • Destinations & Hotels
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      • Wellness, Health & Longevity
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