Issue 11 2021

16 Acquisition International - Issue 11 2021 Jubilee Insurance Uganda CFO, Andrew Makumbi is a chartered accountant with over 10 years’ experience working in multiple financial roles. He is a driven individual and has expertise in various fields of finance and accounting, including financial reporting, budgeting, auditing, internal controls, performance monitoring and investments. He also holds a certification in the LinkedIn course, How to Handle Poor Performers, which enhances a leader’s ability to address problems with poor performance within their team by tackling tough conversations and hard decisions. This reflects a dedication to leadership, to his team, and to encouraging good work performance which contributes towards the company’s work as a whole. Andrew is among a dedicated team of professionals who all work towards the company’s goal of providing flexible, affordable cover that meets the client’s changing needs, protecting them, their family or their business from whatever life may throw their way. Best Insurance CFO 2021: Andrew Makumbi – East Africa ubilee Holdings Ltd was established as the first incorporated insurance company based in Mombasa in August 1937. It has since spread its wings and became the number one insurance company in the region with offices in Kenya, Uganda, Tanzania, Burundi and Mauritius, and is recognised as the largest composite insurer in East Africa with over 450,000 clients. The company is listed in the Nairobi Securities Exchange, Dar-es- SalaamStock Exchange, and the Uganda Securities Exchange, having been rated highly on leadership, quality and risk management, and awarded an AA rating in Kenya and Uganda and an A+ in Tanzania. Jubilee Insurance Uganda offers a range of services in health and life insurance designed for both individuals and businesses. Peace of mind comes from knowing you, your family or business are covered and protected by insurance, whether it’s to cover healthcare needs, save funds for retirement, save for your child’s education, protect loved ones after your death, take care of the mortgage after death, or a number of other product offerings. The company’s job is to make choosing an insurance plan an easy decision, so the client has the right cover for them. J Jubilee Insurance Uganda is the largest multi-line insurer in East Africa, handling long-term and short-term insurance. It is a wholly owned subsidiary of Jubilee Holdings Ltd, a multinational insurance holding company which maintains its headquarters in Kenya with subsidiaries in Tanzania, Uganda, Mauritius and Burundi. In light of Acquisition International recognising Andrew Makumbi as Best Insurance CFO 2021, we take a closer look at his career and the company. Company: Jubilee Insurance Uganda Contact: Andrew Makumbi Email: [email protected] Website: www.jubileeinsurance.com/ng Jun21170 Jubilee Holdings Ltd was established as the first incorporated insurance company based in Mombasa in August 1937. It has since spread its wings and became the number one insurance company in the region with offices in Kenya, Uganda, Tanzania, Burundi and Mauritius, and is recognised as the largest composite insurer in East Africa with over 450,000 clients.