Who we are
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, we 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, our roots in Kenya date back over 100 years. During this time, we have established a reputation for delivering comprehensive financial solutions to individuals, businesses, and institutions.
Our operations span across Kenya, Uganda, South Sudan, and Rwanda, where we offer a wide range of financial services through an integrated business model. This includes life and general insurance, investment management, and banking services provided through Faulu Microfinance Bank.
We manage a Kshs 20 billion property portfolio that includes iconic buildings such as Equatoria Tower (South Sudan), Nakawa Business Park (Uganda), and Old Mutual Tower (Kenya).
As part of Old Mutual Limited, we are committed to delivering long-term value to our customers and stakeholders, fostering career growth for employees, and driving sustainable growth with innovative, technology-driven financial solutions.
At Old Mutual, we've stood by your side for almost 200 years - committed to our customers' growth, empowering the communities we operate in, and honoring our promises. Our strength lies in the trust you place in us, and together, we're building a brighter and stronger future.
Standing Strong Through Life's Storms: To date, we have processed over KES 237 million in claims for flood and political violence-related losses, keeping our promise to stand with you when it matters most. With over 1.83 million customers across Kenya, we provide the solutions you need to thrive. Whether it's securing your future or protecting what matters most, we're with you every step of the way.
Empowering the Next Generation through Financial Education: We're bringing financial education straight to the classroom, shaping a financially secure future for Kenya. In partnership with the Kenya Institute of Curriculum Development (KICD), we've introduced financial education to over 2 000 learners across 36 schools. Our commitment to empowering the next generation is laying the foundation for financial success.
Invested in Kenya's Sustainable Future: At Old Mutual, we are driving sustainable change with real investments. Our KES 100 million commitment to Kenya's first Green Bond is financing purpose-built student accommodation and supporting sustainability. Our investments go beyond profits - they're about creating opportunities, uplifting communities, and building a brighter tomorrow for future generations. Together, we can build a more sustainable Kenya.
Count on us to be there when life takes unexpected turns, securing your future through every storm.
#AnchoredOnYourGrowth
Get to know our executive committee as well as our initiatives to uplift our communities.
We have a rich history in Africa and we bring all that to support your dreams.
Our vision is to be our customers’ most trusted partner and passionate about helping them achieve their lifetime financial goals. Responding to our customers’ needs, we are building a long-term savings, protection, investment and lending group by leveraging the strength of our people and capabilities in East Africa and across the continent. We will focus, drive and optimize our businesses to enhance value for customers, shareholders and the communities we serve.
Old Mutual was established in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times.
Today, the Group has grown into a premier pan-African financial services Group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 12 countries, with listings on five stock exchanges.
We now employ more than 27 000 people and operate in 12 countries across two regions: Africa (South Africa, Namibia, Botswana, Zimbabwe, Kenya, Malawi, Ghana, Uganda, Rwanda, South Sudan and Eswatini), Asia (China).
Doing the right thing is at the heart of everything we do. Our Conflict of Interest policy deals with the declaration requirements and management principles for employees and related stakeholders.
The Maadili Charter outlines the standards of ethical business conduct that are applicable to Old Mutual employees, Board members and business partners.
An Integrated Financial Services structure - We offer insurance, savings, investments and banking solutions to help our customers achieve their personal and business ambitions.
Customers at our heart - Our solutions and service delivery channels are developed to meet our customer’s needs.
A responsible business - Responsible business is at the heart of our strategy and embedded in our operations, underpinned by our belief that, over the longer term, creating value for society is the most sustainable way to create value not only for shareholders, but for all our stakeholders.
This is how we attain sustainable social responsibility in our communities and to our customers and employees.
Stimulate a savings culture, improved credit behaviour and retirement readiness, thereby addressing poverty and improving the lives of our communities. In 2020 we reached over 150,000 people with financial education initiatives.
Build a workforce that does not discriminate against any person based on race, gender, sexual orientation or nationality and that includes adequate representation of the people of the countries in which we operate.
Empower unemployed youth by providing accredited skills and holistic support to become economically active by securing jobs, income and opportunity for an improved quality of life. When it comes to education, our aim is to improve literacy levels and early childhood development, as well as improve leadership skills for schools.
Create sustainable jobs through supporting entrepreneurship thereby alleviating the impact of poverty and inequality.
Promote behaviour that negates negative impact on the environment through the management of carbon emission and responsible investments
