UAP Old Mutual has celebrated the legacy of retiring shareholder and board chairman Sir Gordon Wavamunno during a dinner hosted at the Kampala Serena Hotel. Sir Gordon Wavamunno served for more than 4 decades as Chairman of the Board of Directors.
UAP Old Mutual is the leading general and medical insurance company in Uganda and is an integrated financial services provider with Asset Management and Life Assurance arms.
Speaking about the company’s “deep admiration for Sir Gordon Wavamunno’s entrepreneurial spirit and visionary leadership”, Stephen Chikovore, UAP Old Mutual Managing Director, said he has been “instrumental in driving UAP Old Mutual Uganda’s growth and his dedication to the company’s success has been inspiring”.
“Under his leadership as board chair, UAP Old Mutual Insurance maintained its position as a leading insurance company which curved a way to become the top insurance company to date,” Chikovore said.
Mathias Katamba the new UAP Old Mutual Insurance board chair said that Sir Gordon Wavamunno’s story with UAP Old Mutual spans over four decades of dedication, innovation, and impactful leadership.
“As both a shareholder and board chairman, his leadership has been pivotal to the success of UAP Old Mutual. He has played a key role in the evolution of UAP Old Mutual through various milestones,” said Mr. Katamba.

He told the audience that Sir Gordon Wavamunno bought a 92% per cent stake in United Assurance 9in 1973), and would later, during his leadership of the insurance firm facilitate the successful strategic entry of UAP from Kenya into Uganda and the merger of UAP and Old Mutual Group from South Africa.
The businessman was also instrumental in the construction of Nakawa Business Park which is owned by UAP Old Mutual. Katamba added that Wavamunno’s philanthropic contributions have uplifted communities and earned him international recognition such as his honour as a Knight by the Queen of England.
Prof. Samuel Sejjaaka who delivered a keynote address on behalf of Dr. William Kalema described Sir Gordon Wavamunno’s life journey as a true beacon of commitment to excellence and innovation.
“We are honoured to celebrate a man who has shaped the business landscape in Uganda’,” Prof. Sejjaka said.
On his part, the joyous Sir Gordon Wavamunno reflected on his journey as an entrepreneur and encouraged young people to believe in themselves & equip their children with the right skills to run their businesses to build a legacy.
He thanked his family and asked them to keep working

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