The Old Mutual East Africa Group comprises Old Mutual Holdings PLC and its subsidiaries; which include Old Mutual General Insurance Kenya Limited (formerly UAP Insurance Company Limited) and Old Mutual Life Assurance Kenya Limited (formerly UAP Life Assurance Limited) and Old Mutual East Africa Holdings Group Limited (formerly Old Mutual Holdings Limited) and its subsidiaries; Old Mutual Life Assurance Company Limited (operating as a closed fund), Old Mutual Investment Group and Faulu Microfinance Bank .
The Old Mutual East Africa Group was formed in 2015 after Old mutual East Africa Holdings Group Limited acquired a controlling stake in Faulu Microfinance Bank in 2014 and Old Mutual Holdings PLC (formerly UAP Holdings Limited) in 2015. The Group operates an integrated financial services business model and is one of the largest in East Africa, offering insurance, investment, banking, and savings solutions. Old Mutual East Africa Group rebranded from UAP Old Mutual Group on the 17th of May 2022.
The Old Mutual East Africa Group (the Group) is part of Old Mutual Limited (OML), a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. As part of OML, the Group is able to leverage technology and technical expertise to better serve customers as well as offer broad career growth prospects for employees. The Group operates in Kenya, Uganda, South Sudan, Rwanda, and Tanzania.