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Martin Karenju,new Managing Director,Old Mutual Life Assurance Kenya
- Old Mutual Kenya appoints Martin Karenju as new Managing Director (M.D)
Old Mutual Life Assurance Kenya has appointed Martin Karenju as the new Managing Director and Principal Officer, effective July 1 2025.
Karenju is a seasoned leader with more than 17 years of experience across various African markets.
He is a qualified actuary and MBA holder, who has served in key roles within Old Mutual including Chief Operations Officer, GM finance and strategy and Group Head of Strategy.
He brings a unique combination of actuarial expertise, commercial acumen, and strategic leadership.
“We look forward to the journey ahead under his leadership,” the company said in a statement.
Old Mutual East Africa Group is a leading provider of comprehensive financial services, including insurance, investment, banking, and savings solutions.
As part of Old Mutual Limited (OML), a premier African financial services group with a presence in 12 countries, they combine local expertise with global experience to serve diverse client needs, leveraging advanced technology and world-class financial insights.
Formed in 2015 following the acquisition of Faulu Microfinance Bank in 2014 and Old Mutual Holdings PLC in 2015, their roots in Kenya date back over 100 years.
The firm operations span across Kenya, Uganda, South Sudan, and Rwanda, where they offer a wide range of financial services through an integrated business model.
The company manage a sh 20 billion property portfolio that includes iconic buildings such as Equatoria Tower (South Sudan), Nakawa Business Park (Uganda), and Old Mutual Tower (Kenya).
