The UAP Old Mutual Group, East Africa in 2020, We Celebrate: • 175 Years in Africa • 100 Years in East Africa About Old Mutual Limited (OML)
The UAP Old Mutual Group, East Africa In 2020, we celebrate: • 175 years in Africa • 100 years in East Africa About Old Mutual Limited (OML) Old Mutual was established in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times. Today, the Group has grown into a premium pan-African financial services Group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries, with listings on five stock exchanges. We now employ about 30,000 people in our primary operations in South Africa and the Rest of Africa, and a niche business in China. The UAP Old Mutual Group is part of Old Mutual Limited (OML). As part of OML, the Group is able to leverage technology and technical expertise to better serve customers as well as offer broad career growth prospects for employees. OML operates in 13 markets across Africa 3 About UAP Old Mutual Group in EA The UAP Old Mutual Group comprises • UAP Holdings PLC and its subsidiaries which comprises seven (7) subsidiaries that underwrite life and non-life insurance risks in Kenya, Uganda, Tanzania, South Sudan and Rwanda, a stock brokering company in Uganda and two property companies in Uganda and South Sudan • Old Mutual Holdings and its subsidiaries which include Old Mutual Life Assurance Company, Old Mutual Investment Group and Faulu Microfinance Bank. The Group which operates an integrated financial services business model, is one of the largest in East Africa and offers customers insurance, investment, banking and savings solutions.
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