Banking & InsuranceNews & AnalysisThe Big Story

Meet the Big Bankers Bossing the Bancassurance Sector

by Paul MurungiMarch 4, 2025March 4, 2025
Bank CEOs dominating Banccasurance sector.
From top left: Absa Bank Acting MD David Wandera, Stanbic Bank new CEO Mumba Kalifungwa, Centenary Bank MD Fabian Kasi, Equity Bank MD Gift Soko, and dfcu Bank MD Charles Mudiwa.

Beyond the conventional channels of writing insurance premiums, insurers have also built a new revenue stream of bancassurance through which they partner with banks to recruit new policyholders. During the three…

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Tagged: Bancassurance Banks Centenary Bank Dfcu Bank Equity Bank Insurance Regulatory Authority insurers policyholders premiums Stanbic Bank

About the Author

Paul Murungi

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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