UAP Old Mutual becomes Old Mutual Uganda: A new chapter of financial wellness15 October 2025

UAP Old Mutual has officially rebranded to Old Mutual Uganda, marking a new chapter in its commitment to financial wellness. The transition is part of a Group-wide rebrand, unifying all Old Mutual operations across Africa under a single trusted and recognizable brand.

Speaking at the rebrand launch that happened on 8th October, 2025, Clement Chinaka, Old Mutual Africa Regions Managing Director, said: "Today marks a historic moment. UAP Old Mutual Uganda is now officially Old Mutual Uganda! While this journey has been long, it has been worthwhile. As Old Mutual Uganda, we are now fully part of a premium pan-African operation that has been facilitating the financial wellbeing of Africans for 180 years."

Arthur Oginga, Old Mutual East Africa Group CEO, added: "This rebrand strengthens our business, allowing us to leverage synergies across the continent. With Old Mutual’s 180-year heritage, we renew our promise to help customers and communities achieve their lifetime financial goals. A new chapter of financial wellness truly begins today with Old Mutual."

Zaccheus Kisesi Investment Group Managing Director emphasized: "For our customers and partners, this rebrand does not change the value, trust, or service you have always received. It gives us a renewed focus on you, ensuring your financial goals remain at the heart of everything we do. While our name has changed, our commitment to you remains the same."

The Ministry of Finance Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi also highlighted the insurance sector’s role in Uganda’s economic transformation during the rebrand event. He urged industry players to support Uganda’s “tenfold growth strategy”, a government initiative targeting rapid, sustainable economic expansion to achieve a GDP of $500 billion by 2040. He also praised Old Mutual’s resilience and 180-year legacy, emphasizing its pivotal role in driving financial stability and supporting Uganda’s ambitious growth agenda.

Alhaj Dr. Kaddunabbi Ibrahim Lubega, CEO of the Insurance Regulatory Authority (IRA), described the rebrand as timely and strategic. "This transition reflects Old Mutual’s commitment to align its brand with its global heritage while shaping the future of Uganda’s insurance market," he said. He added that brand consolidation enhances operational efficiency and governance, which are key in safeguarding policyholders’ interests.

The rebrand marks a significant step in Old Mutual’s East African expansion. Previously operating under a joint venture with UAP Group, Old Mutual acquired UAP in 2015 and has been consolidating its brand across the region, starting with Rwanda in 2021, Kenya in 2023, and now Uganda in 2025.

Going forward, the business will operate under the Old Mutual Uganda brand. Its subsidiaries, including General Insurance, Life Insurance, and Asset Management, are fully aligned under the unified brand. With this rebrand, Old Mutual reaffirms its long-term commitment to Uganda, continuing significant investments supported by robust distribution networks, strong local partnerships, and financial stability anchored in local shareholding.

Old Mutual Uganda is now poised to strengthen its role as a trusted financial partner, helping customers achieve financial wellness while supporting the nation’s growth ambitions.