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 Uganda, while serving as a Director on the Jubilee Allianz Uganda Board,” reads an announcement in part.
Paul has extensive experience in the insurance industry, having worked for over 24 years in both the insurance and broking sides of business.
Prior to joining Jubilee Allianz Uganda, Paul was the Chief Executive Officer of the Uganda Insurers Association since 2018. He also worked with AIG Insurance and AON Insurance Brokers in Uganda for over 9 years before serving as the Chief Operating Officer and later the Deputy Managing Director of Goldstar Insurance.
“Paul has an impressive pedigree in the insurance sector in Uganda, and he is well equipped to drive the success and growth of Allianz in Uganda”, said Delphine Traoré, CEO of Allianz Africa.
“We would like to thank the outgoing CEO Deepak Pandey for his past service and for his support in the transition to Jubilee Allianz over the last few months.”
About Allianz The Allianz Group is one of the world’s leading insurers and asset managers with 126 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 809 billion euros on behalf of its insurance customers.