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Leadership

LEADERSHIP

Meet our team of driven individuals

Board of Directors-Jubilee Holdings Limited

Chairman - Mr. Nizar Juma

Mr. Juma is the Chairman of Jubilee Holdings Limited and its subsidiaries, and has served in this capacity since July 2004. He chairs the Company’s Board Nominating and Human Resource Committee. Mr. Juma is also a Director of Diamond Trust Bank (DTB) and the regional Chairman at the Industrial Promotion Services group of companies.

Board Member - Mr. Shabir Abji

Mr Abji assisted in the running of the family business, and in1984 set up the company operations in Uganda. As the Group Director, he was instrumental in setting up Uganda Oxygen, Twiga Chemical Industries Uganda, Service and Computer Industries Uganda (Formerly NCR) and American Communication and Technologies. Mr Abji has served as the Chairman of Aga Khan Health Services, Tanzania, a Councilor of the Confederation of Tanzania Industries and currently is the Chairman of Dar es Salaam Tourism Executive Board. He is also the Chairman of the Tanzania Asian Development Association in formation and has been involved in fund raising activities for various causes and is a member of the FAO sponsored Telefood Committee.

Board Member - Mr. John Metcalf

Mr. Metcalf was appointed to the Board in November 2006. He has had extensive international experience in the insurance industry, and is currently Head of Insurance for the Aga Khan Fund for Economic Development (AKFED). Mr. Metcalf sits on the Company’s Board Audit and Compliance Committee, Board Finance Committee and Board Nominating and Human Resource Committee.

Board Member - Mr. Lutaf Kassam

Mr. Kassam joined the Board in April 2006 and chairs its Finance Committee. Currently, he is the Group Managing Director of Industrial Promotion Services Limited (IPS) in East Africa. Mr. Kassam is responsible for AKFED’s global portfolio on Industry and Infrastructure, and is a member of AKFED’s Executive Committee. He is also a Director on the Board of Kenya Association of Manufacturers, the East African Business Council (EABC), and a Member of the Presidential Investors’ Round Table (Advisory Board to President Museveni), an advisor to Sustainable Energy for All (SEALL), past First Vice Chairman of the Nairobi Stock Exchange (NSE), a member of the National Economic and Social Council (NESC) in Kenya.

Board Member - Mr. Juma Kissame

Mr. Kisaame joined the Board in June 2006, and is currently the Managing Director of DFCU Bank. Prior to joining DFCU, Mr. Kisaame was the Managing Director of the Eurafrican Bank in Tanzania. He sits on the Company’s Board Audit and Compliance Committee.

Board Member - Jane Mwangi

Mrs. Mwangi is a senior partner at Robson Harris & Company Advocates. She has also worked at the United Nations, Office of Internal Oversight Services, Caucus for justice in the International Criminal Court (ICC), Jane Addams Peace Association Inc. (JAPA) in New York, the Central Bank of Kenya among others. She is an advocate of the High Court of Kenya and is a Member of the Chartered Institute of Arbitrators. She holds a Master’s degree in Business Law from University of Hull, UK.

Board Member - Mr. Sultan Ali Allana

Mr. Sultan Ali Allana is a Director of the Aga Khan Fund for Economic Development (AKFED) and has the oversight responsibilities for AKFED’s investments in Banking, Insurance and Aviation. Mr. Allana is a career banking professional with over 30 years of experience in retail, corporate and investment banking. Mr. Allana is also the Chairman of Habib Bank Limited, which is the largest bank in Pakistan with over 1,600 branches and with presence in 25 countries around the world. Since 1997, Mr. Allana has also been serving as a Director of the Tourism Promotion Services Pakistan Limited, the owners and the operators of the Serena Hotels in Pakistan. Mr. Allana holds Undergraduate and Post Graduate degrees from McGill University and the University of Wisconsin in Engineering and Management.

Board Member - Zul Abdul

Mr. Abdul is the CEO, Trans-Orbit Kenya Limited. He has also held key leadership voluntary positions having served as the President of Aga Khan National Council in Kenya, the Chairman of Aga Khan Education Services, a director at the Jubilee Fund Limited and director of Anfield Holdings Ltd, a Property Development company.

Board Member-Ashif Kassam

Mr Ashif was appointed to the Board on 24th July 2014. He is a fellow member of the Institute of Certified Public Accountants of Kenya (ICPAK) and the Association of Chartered Certified Accountants, UK (ACCA). He is also a member of the National Board of Accountants and Auditors, Tanzania, Institute of Certified Public Accountants of Uganda and the Chartered Institute of Arbitrators. He has been a member on the International Audit and Assurance Standards Board (IAASB), and is currently a Board member on Telkom (Kenya) Ltd, and is also a member of ICPAKs Public Policy and Governance Committee and also chairs its Tax Work Stream. Ashif was bestowed with the ACCA Achievement Award 2012 by the ACCA Global.

Board of Directors-Tanzania-General Insurance

Chairman - Mr. Nizar Juma

Mr. Juma is the Chairman of Jubilee Holdings Limited and its subsidiaries, and has served in this capacity since July 2004. He chairs the Company’s Board Nominating and Human Resource Committee. Mr. Juma is also a Director of Diamond Trust Bank (DTB) and the regional Chairman at the Industrial Promotion Services group of companies.

Mr. Shamir Ramji - Board Member

Board Member - Mr. Shabir Abji

Mr Abji assisted in the running of the family business, and in 1984 set up the company operations in Uganda. As the Group Director, he was instrumental in setting up Uganda Oxygen, Twiga Chemical Industries Uganda, Service and Computer Industries Uganda (Formerly NCR) and American Communication and Technologies. Mr Abji has served as the Chairman of Aga Khan Health Services, Tanzania, a Councilor of the Confederation of Tanzania Industries and currently is the Chairman of Dar es Salaam Tourism Executive Board. He is also the Chairman of the Tanzania Asian Development Association in formation and has been involved in fund raising activities for various causes and is a member of the FAO sponsored Telefood Committee.

Board Member - Mr. John Metcalf

Mr. Metcalf was appointed to the Board in November 2006. He has had extensive international experience in the insurance industry, and is currently Head of Insurance for the Aga Khan Fund for Economic Development (AKFED). Mr. Metcalf sits on the Company’s Board Audit and Compliance Committee, Board Finance Committee and Board Nominating and Human Resource Committee.

Board Member - Deepak Pandey

Mr. Pandey is the continuing Chief Executive Officer at The Jubilee Insurance Company of Uganda Limited since 2004 and he worked as the deputy General Manager at The Jubilee Insurance Company of Uganda Limited between 1997-2004. He also worked as the divisional Manager at United India Insurance Company Limited-The Second Largest Public Sector General Insurance Company in India from 1991-1997.

Mr. Pandey was the branch Manager at United India Insurance Company Limited since 1985-1991. He worked as the technical Functionary in all Departments Viz Fire, Marine Cargo, Motor, Engineering, Rural Insurance, Liability Underwriting and Claims between 1982-1985. He was the Sub Editor at The Pioneer-A leading English daily in Uttar Pradesh, India from 1978-1982.

Board of Directors–Tanzania-Life Insurance

Board Member - Mr. Shabir Abji

Mr Abji assisted in the running of the family business, and in 1984 set up the company operations in Uganda. As the Group Director, he was instrumental in setting up Uganda Oxygen, Twiga Chemical Industries Uganda, Service and Computer Industries Uganda (Formerly NCR) and American Communication and Technologies. Mr Abji has served as the Chairman of Aga Khan Health Services, Tanzania, a Councilor of the Confederation of Tanzania Industries and currently is the Chairman of Dar es Salaam Tourism Executive Board. He is also the Chairman of the Tanzania Asian Development Association in formation and has been involved in fund raising activities for various causes and is a member of the FAO sponsored Telefood Committee.

Board Member - Mr. John Metcalf

Mr. Metcalf was appointed to the Board in November 2006. He has had extensive international experience in the insurance industry, and is currently Head of Insurance for the Aga Khan Fund for Economic Development (AKFED). Mr. Metcalf sits on the Company’s Board Audit and Compliance Committee, Board Finance Committee and Board Nominating and Human Resource Committee.

Group Chief Actuary - Azim Dawood

Azim is the Regional Head of Life Insurance Business for Jubilee Holdings. He was appointed as an executive director on the Board of Jubilee Insurance (Mauritius) Ltd in 2010 and is a former CEO of Jubilee Insurance (Mauritius) Ltd. He has over 20 years’ experience in the insurance and financial services sector in East Africa. He is an Associate of the Society of Actuaries and holds a BSc degree, in Economics and Mathematics, obtained with High Distinction from the University of Toronto, Canada.

Amyn Lalji – Non-Executive Director

Karim Jamal – Non-Executive Director

Gambamala Luchunga assisted in the running of the family business, and in 1984 set up the company operations in Uganda. As the Group Director, he was instrumental in setting up Uganda Oxygen, Twiga Chemical Industries Uganda, Service and Computer Industries Uganda (Formerly NCR) and American Communication and Technologies. Mr Abji has served as the Chairman of Aga Khan Health Services, Tanzania, a Councilor of the Confederation of Tanzania Industries and currently is the Chairman of Dar es Salaam Tourism Executive Board. He is also the Chairman of the Tanzania Asian Development Association in formation and has been involved in fund raising activities for various causes and is a member of the FAO sponsored Telefood Committee.

Regional Team

Regional Chief Executive Officer - Dr. Julius Kipng’etich

Dr. Kipng’etich is the Group Chief Executive Officer. He is the immediate former CEO of Uchumi Supermarkets Ltd and he brings to the group extensive knowledge and experience in strategy and management. He previously served as the Chief Operating Officer of Equity Group Holdings Limited where he spearheaded regional growth, new product development and the mobile virtual network operator (MVNO) – Equitel development.

Dr. Kipng’etich had an illustrious career as the Director and CEO of the Kenya Wildlife Service (KWS) where he has been credited for a complete turnaround of the organization. It was during his tenure that KWS recorded tremendous growth and was listed as one of the top five most respected parastatals in East Africa.

Regional Chief Operating Officer - Mr. Sherali Rawji

Sherali is the Group Chief Financial Officer of Jubilee Holdings. With more than 20 years of management experience in financial services, he has a wealth of knowledge in accounting, finance, investment analysis and risk management. Prior to joining Jubilee Holdings, he worked in Canada as a Director and CFO of a public company and as Vice President of Corporate Finance. He is a member of the Canadian Institute of Chartered Accountants.

Group Head of Property - Simon Muigai

Simon is a real estate professional with over 12 years of experience in Eastern, Central and Southern Africa markets; developing and executing real estate strategies, construction project management, property letting and marketing, lease administration and tenants’ liaison, property and facilities management, and proven senior leadership in properties field. Have previously worked with UAP Old Mutual Group Head of Property Relationship and Facilities, among others. Simon holds an MBA (Strategic Management) from University of Nairobi, a post graduate Diploma in Business Management, B. Sc. Mechanical Engineering and various professional trainings.

Group Company Secretary & Head of Legal Services - Mrs. Margaret Kipchumba

Mrs. Kipchumba was appointed Company Secretary of Jubilee Holdings in June 2014, and also serves on the Boards of its subsidiaries in this capacity. She is an Advocate of the High Court of Kenya and a Certified Public Secretary. She is a Member of the Law Society of Kenya, the Institute of Certified Public Secretaries of Kenya and the Institute of Directors, Kenya.

Management Team-Tanzania-General Insurance

Dipankar Acharya - Chief Executive Officer

Dipankar Acharya joined the company in May 2017 as Chief Executive Officer of The Jubilee insurance Company of Tanzania. He has over 30 years of experience in the insurance industry and have been in leadership roles as head of business for over 25 years. He has sound knowledge of all insurance products. He has experience of leading all forms of distribution for an insurance Company and driving top line growth profitability.

Dipankar holds PhD in Business administration. He is a Fellow of the Insurance Institute of India. He has acquired a professional Diploma in Digital marketing. He had a degree in economics and is a MBA from Faculty of Management Studies, Delhi University, India.

His specialist skills lies in marketing, underwriting, claims, product development and distribution of all insurance products having worked in the Insurance Industry in various parts of the world.

Management Team-Tanzania-Life Insurance

Ms. Helena Mzena Chief Executive Officer

Ms. Helena C. Mzena is the Chief Executive Officer of Jubilee Life Insurance Corporation of Tanzania Limited, 

She Joined Jubilee Insurance in 2011 and has held various senior management positions in both the Jubilee Insurance Company of Tanzania Limited and Jubilee Life Insurance Corporation of Tanzania Limited. Before being appointed as the CEO on 28thof April, 2021, she served as the Chief Financial Officer at Jubilee Life Insurance Corporation of Tanzania Limited.

Ms. Mzena is a highly experienced professional with an extensive background in strategy and leadership, she has about 10 years of experience in the insurance industry. She previously worked in various Industry in Tanzania and UK. She worked for Deloitte Touché Tohmatsu Limited (DTTL), Tanzania, NTT Europe Ltd, UK as well as the UK local authority.

At Jubilee Life Insurance, she has been instrumental in Leadership, Strategy and Business Development, Finance and budgeting, Risk Management, Compliance and Controls and strengthening the Company’s Governance structures.

A seasoned professional, Ms. Mzena’s holds a master’s degree in financial management from Liverpool John Moore University, UK and a bachelor’s degree in Finance and Financial Information Systems from University of Greenwich, UK. She also holds International Post graduate Diploma in Life Insurance from Institute of Insurance and Risk Management (IIRM), a member of the Chartered Insurance Institute (CII) UK, she is a fellow member of ACCA, a member of ACPA – Tanzania, she also holds Senior Management Leadership Certificate from Strathmore University Business School and a certified Female Future Leadership program with ATE/ESAMI University Business School.

Dereck Rwezaura – Head of Bancassurance

Dereck is the Head of Agency for Jubilee Life Insurance Corporation of Tanzania Limited, with more than 13 years in experience in Sales and Market development. Dereck joined Jubilee Life Insurance in 2016 as Senior Agency Manager and later in 2017 he was appointed as the Head of Agency. Previously he worked for ZANTEL Telecommunications and VIZADA Networks LTD a Norwegian based Company respectively. Dereck holds BA Degree in Political Science and Public Administration and a Post Graduate Diploma in Human Resource Management.

Rosemary Nkya – Operations Manager

Rosemary is the Operations Manager for Jubilee Life Insurance Corporation of Tanzania Limited with more than 8 years of experience within the Insurance industry. She has sound knowledge in life insurance pertaining to Pricing, Underwriting, Claims and Reinsurance together with leadership skills. Rosemary holds a B.SC Degree in Actuarial Sciences and is currently pursuing her Actuarial Professional Qualifications at the Institute and Faculty of Actuaries in the UK. She has previously worked for Sanlam Life insurance (T) Limited.

Kumar Sumit Gaurav – Chief Executive Officer

Sumit is the Chief Executive Officer of Jubilee Life Insurance Corporation of Tanzania Limited, with more than 20 years of management experience within the insurance industry. He has a vast knowledge in Insurance Management, Business Management and Risk Management. Prior to that he has worked in various positions in several countries such as India, UK and Tanzania. Previously he worked for GE Financial Assurance, ICICI Prudential Life Insurance Company, HSBC Global Service Centre, Canara HSBC OBC Life Insurance Company Limited and with Alliance Life Assurance He holds CII Level 4 Diploma in Insurance and various other related post graduate qualification from IMT Ghaziabad, IIFT – New Delhi, IIRM Hyderabad.