Customer complaints in the insurance sector have more than doubled in just three years, from under 150 to over 350. But to Chief Executive Officer Ibrahim Kaddunabbi Lubega, this isn’t…
In a rare case of an efficiently managed public institution in Uganda, the Insurance Training College (ITC) emerges as an island of financial discipline in a sea of inefficient state enterprises. In his report for the 12 months ended June 2024, Auditor General Edward Akol delivers glowing praise: the College’s books are clean, its statements comply with International Financial Reporting Standards (IFRS), and its liquidity is not just adequate – it’s exemplary. But behind the commendation lies a quiet dysfunction: an execution gap that threatens to erode the very mandate the College was created to uphold. Clean accounts are no…
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Allianz Africa has announced the new leadership for its operational entity in Uganda, Jubilee Allianz General Insurance Company Limited. Paul Kavuma will head the entity as the CEO effective April 04, 2022. Paul is a Director at the Organization of Eastern and Southern Africa Insurers (OESAI) and Uganda Re, Governing Council Member of the Uganda Chamber of Mines & Petroleum, and Governing Council Member of the Federation of Uganda Employers. “Deepak Pandey will stay with the company until April 30, 2022 after which he will take up a new role in the Jubilee Group, the minority shareholders of Jubilee Allianz…
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