About
Old Mutual Rwanda
We're in the business of helping people and companies
do great things with their money. Let's do the same for you.
Unlocking possibilities

Old Mutual has been operating in Rwanda since 2015, having acquired a majority stake in the UAP Insurance Holdings group. In 2021, the business has fully rebranded and is now operating as Old Mutual Insurance Rwanda Plc. Old Mutual Rwanda is part of the Old Mutual Group.

Unlocking possibilities
Our heritage at Old Mutual Limited

Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions. Our Group was established in Cape Town in 1845 as South Africa’s first mutual life insurance company, offering financial security in uncertain times. Our purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals while investing their funds in ways that will create a positive future for them, their families, their communities and broader society. In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business. 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)
Old Mutual Limited
Get to know us

Get to know our executive committee as well as our initiatives to uplift our communities.

What we do

We provide financial solutions to individuals, small and medium-sized businesses, corporates and institutions across several market segments and geographies in South Africa, the Rest of Africa and certain other emerging markets.

Savings and protection

Innovative life assurance based product solutions, addressing both protection and savings needs, as well as short term insurance solutions through Old Mutual Insure.

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Investment

Growing our customers’ savings and wealth, whether through active and direct asset management through the Old Mutual Investment Group or the selection of funds for customers to invest in through multi-managers.

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Lending

Old Mutual offers personal loans and debt consolidation loans tailored to the individual needs of its customers. All loan products are provided through Old Mutual Finance, a licensed financial services and registered credit provider.

A customer shakes hands with an Old Mutual Rwanda staff member and his colleague after they discussed a loan.
Banking

The Money Account is both a low-cost transactional account and a one of a kind unit trust savings account. This innovative banking product is offered by Old Mutual Transaction Services (Pty) Ltd in association with Bidvest Bank Ltd and Old Mutual Investment Administrators, a licensed financial services provider.

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Our vision and our strategy

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 South Africa and around the world. We will focus, drive and optimise our businesses to enhance value for customers, shareholders and the communities we serve.

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Our strategic priorities
  • Defend SA market share in Mass and Corporate markets
  • Defend and grow in the SA Personal Finance market
  • Improve the competitiveness of Wealth and Investments
  • Continued turnaround of Old Mutual Insure
  • Turnaround East African business and improve returns across the Rest of Africa
  • Win the war for talent
  • Refresh the technology offering
  • Cost efficiency leadership

For more information, please visit the Old Mutual Limited site.

UAP Insurance Rwanda
Governance

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.

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