Britam’s Board of Directors has appointed Allan Mafabi as its new Uganda Chief Executive Officer.
Mafabi, formerly the General Manager, Business Development at UAP Uganda comes with a wealth of experience spanning over a decade in the insurance industry ranging from general insurance, Underwriting Management, Claims Management, loss adjustment, Reinsurance and Marketing.
He joins Britam at a time when the company is on a growth trajectory through regional expansion, and will be expected to steer the local franchise to market leadership.
Making the announcement, Benson Wairegi, the Britam Group Managing Director said that the appointment marks an important step in the company’s strategic plan to widen the scope of insurance products in the Uganda market.
He added that as the country moves towards oil production, demand for higher risk cover will ultimately increase and that the strong foundation built by Britam over the years will make the company an ideal choice.
Britam already has a strong presence in Kenya, Uganda, Rwanda, and South Sudan. Real’s subsidiaries in Tanzania, Malawi, and Mozambique will see Britam increase its overall market share.
AUTHOR:BEN GUMO