CIC Africa (U) LTD

As a subsidiary of CIC Insurance Group (PLC), we have enabled Ugandans attain financial security over the last ten years through provision of our range of customized financial and insurance solutions. The experience spanning more than 5 decades operating in the East African region that include Kenya, Uganda Malawi and South Sudan has ensured provision of exemplary services to our customers in Uganda.
The company has also registered commendable growth and expansion over the last decade and established successful subsidiaries in the insurance industry comprising of CIC General Insurance (U) Ltd and CIC Africa Life Assurance Ltd. Our two business have reliably cushioned individuals, cooperatives, public and private sectors through the provision of insurance services to help mitigate risks against themselves, their businesses as well as help with planning for life events at varied stages.
The company ownership is structured along the principle of mutuality, which is aptly demonstrated through a significant ownership of the business being set aside specifically for cooperatives. Through this arrangement, we ensure that our service provision is well cut out to ensure the benefits trickle down to the lowest levels of our society, and that profit maximization is realized not only through policyholder benefits but also through shareholder returns.
Our wide range of insurance packages protect our clients’ businesses giving them peace of mind to grow their wealth and achieve their financial goals. In all we do, we keep our word.

Asiimwe Ivan
CIC Africa Board Chairman

CPA Ivan Asiimwe

Nelson Kuria
CIC Group Chairman / Director

Dr. Nelson Kuria

James Njue Njiru
CIC Group Vice Chairman / Director

Mr. James Njue

PATRICK NYAGA
CIC Group CEO / Director

Mr. Patrick Nyaga

CPA Derick Nkajja
Director

Francis Ogwang

Robert Bariyo Barigye
Director

Robert Bariyo Barigye

Derick Nkajja
Director

CPA Derick Nkajja

Managing Director – CIC Africa (Uganda) Limited

Mr. James Kinyua

CIC Africa Board Chairman

CPA Ivan Asiimwe

CPA Ivan Asiimwe is the Chairman CIC Africa (U) Ltd. He has 14 years’ experience working with Cooperatives, Currently: General Secretary – Uganda Cooperative Alliance Ltd (UCA), Tutor and President of Association of Financial Cooperative Professionals of Uganda with duties like Guiding and managing the Association of Cooperative Management Professionals in Uganda

CIC Group Chairman / Director

Dr. Nelson Kuria

Dr. Nelson Kuria aged 67, Joined the Board in the year 2020 as an Independent Non- Executive Director. He holds a BA in Economics, MA in Leadership studies and an Executive Leadership training from Stanford Business School. The Director has 36 years of experience in development finance and insurance. He entered the insurance industry in 1982 through Kenya National Assurance Company as an assistant Manager in charge of Research and rose to the position of Chief Manager General Insurance Division and later also served as the General Manager in Gateway insurance Company. He was the CIC Insurance Group CEO from 2011 to 2015. Dr. Kuria is currently the Chairman of Smep Microfinance, Enwealth Financial Service and African International University Council. He is also a Board Member of Kenyatta National Hospital, Habitat for Humanity and Kenya Society of Professional Co-operators

CIC Group Vice Chairman / Director

Mr. James Njue

Mr. James Njue Njiru aged 53, is the director representing Eastern Region-based societies. He is the Chairman of the Nawiri Sacco Society. He is also a Director of Co-op Holdings Co-operative Society and the Cooperative Bank of Kenya Ltd. Mr. Njiru is a Board of Management member for various schools in the Eastern Region. He holds a diploma in Business Management from the Kenya Institute of Management.

CIC Group CEO / Director

Mr. Patrick Nyaga

Mr. Patrick Nyaga is the Group Chief Executive Officer. He holds a master of Business Administration from Strathmore Business School and a Bachelor of Commerce Degree in Accounting. He is a Certified Public Accountant (K) and a member of ICPAK. Mr. Nyaga has over 29 years of working experience mainly in banking and auditing. He has worked in various senior positions in banking. Prior to joining CIC Group Ltd, he was the Group Finance and Strategy Director- at Cooperative Bank of Kenya Limited.

He previously worked at Barclays Bank now (ABSA) as the Regional Head of Assurance and at KPMG (EA), with the main focus being the audit of financial institutions in Kenya and the region. He is a member of the Institute of Directors of Kenya and has undertaken training in several Corporate Governance courses including in Insurance Business.

Director

Francis Ogwang

Francis Ogwang is the chairman, Board of Directors – CIC Africa Life Assurance Uganda Limited.
He is currently the Country Manager Uganda East African Development Bank since 2018 to date. Previously, Francis worked as the country Head of Corporate Banking Ecobank Uganda, he has played various roles in Credit, Operations and Business Development; last role held was Chief Manager Business Growth Centenary Rural Development Bank Limited 2000-2012
Francis is pursuing a Master of Philosophy in Development Finance at Stellenbosch Business School-University of Stellenbosch, South Africa. He has a Master of Business Administration Finance and Accounting, and a BA Economics from Makerere University Business School, Post graduate diploma in Banking and Risk Management – SIDA/KPMG Program
He is also a Board Member; Uganda Development Corporation, Board Member, Micropay Uganda Limited, Board Member of the Uganda Catholic Management and Training Institute, as well as Past President of the Rotary Club of Kiwatule

Director

Robert Bariyo Barigye

Robert Bariyo Barigye is a board member CIC Africa Uganda Ltd, and also the Registrar of Cooperatives – Uganda. He holds a Master of Business Administration (MBA) degree majoring in Financial Management from the University of Pune, possesses several qualifications in procurement, human resource development and investment management.
Robert has vast experience in both the private sector and public service. He has previously worked with various local and international NGOs including Enterprise Uganda as a Senior Enterprise Development Officer, USAID as a Rural Finance Specialist and Uganda Cooperative Alliance (UCA) as a Project Coordinator for a Canadian Cooperative Association-funded Project. He has been working with the Ministry of Trade, Industry and Cooperatives (MTIC) since 2011 when he joined as a Principal Cooperative Officer.
In his current role as the Commissioner for Cooperative Development/Registrar of Cooperative Societies, he is responsible for creating an enabling environment and policy framework for the development of the cooperative movement and enforcing compliance of regulatory requirements.
Robert brings a wealth of experience from the Boards of other key institutions; National Agricultural Advisory Services (NAADS) from 2014 to 2020. Currently on the Board of Directors of Uganda Microfinance Regulatory Authority (UMRA), Uganda Warehouse Receipts System Authority (UWRSA) and the Microfinance Support Centre Limited (MSC).

Director

CPA Derick Nkajja

CPA Derick Nkajja aged 50 a Director seconded by the Uganda Cooperative Saving and Credit Union (UCSCU). He is a Certified Public Accountant, a member of ICPAU. He is also the sitting Chief Executive Officer and Secretary to the Council of the Institute of Certified Public Accountants of Uganda (ICPAU).

 

CPA Nkajja serves on the Finance Committee of the Institute of Corporate Governance of Uganda (ICGU). He is the Board Treasurer of Uganda Cooperative Savings & Credit Union Ltd. He also serves on the Trade Committee of the Private Sector Foundation of Uganda.

 

Previously, CPA Nkajja served as the Chairperson of Franciscan Investment Cooperative (FIC SACCO), one of the vibrant SACCOs in Uganda. He represented the African Continent on the International Federation of Accountants (IFAC) Compliance Advisory Panel (CAP) for a period of six (6) years. He served on the founding Board of the Pan Africa Federation of Accountants (PAFA), representing the Eastern Africa region.

 

Before Joining ICPAU, he was a Finance Manager at Capital Radio Limited in Uganda, a media group with interests both in Uganda and Kenya.

 

He holds a Master of Business Administration of Edinburgh Business School, Heriot-Watt University UK, a Bachelor of Commerce (Accounting) of Makerere University and a Diploma in Business Studies.

Managing Director – CIC Africa (Uganda) Limited

Mr. James Kinyua

James Kinyua is the Managing Director of CIC Africa (Uganda) Limited. He has over 15 years of experience in the insurance and financial services sector. He possesses strong expertise in business development, market expansion, operational excellence, and strategic leadership.

Prior to assuming his current role, James held various leadership roles within CIC Group where he played an instrumental role in advancing strategic initiatives, strengthening distribution channels, and enhancing operational performance. Earlier in his career, he gained valuable industry experience working with ICEA LION Group and Unaitas Sacco, where he held roles responsible for delivering value to customers and stakeholders.

James holds a Bachelor of Economics and Finance from Kenyatta University and is currently a finalist pursuing a Master’s in Economics Policy Management at the University of Nairobi. He also holds a Diploma in Insurance from the College of Insurance and is an Associate Member of the Insurance Institute of Kenya (IIK) as well as a member of the Institute of Directors of Kenya.

Managing Director – CIC Africa (Uganda) Limited

Mr. James Kinyua

People and Culture

Pheonah Tusiime

Company Secretary

Hannington Kyogula

Head of Cooperatives

Sharon Nahabwe

General Manager Business Development

Lydia Matuli

Head of Operations

Peter Odero

Managing Director – CIC Africa (Uganda) Limited

Mr. James Kinyua

James Kinyua is the Managing Director of CIC Africa (Uganda) Limited. He has over 15 years of experience in the insurance and financial services sector. He possesses strong expertise in business development, market expansion, operational excellence, and strategic leadership.

Prior to assuming his current role, James held various leadership roles within CIC Group where he played an instrumental role in advancing strategic initiatives, strengthening distribution channels, and enhancing operational performance. Earlier in his career, he gained valuable industry experience working with ICEA LION Group and Unaitas Sacco, where he held roles responsible for delivering value to customers and stakeholders.

James holds a Bachelor of Economics and Finance from Kenyatta University and is currently a finalist pursuing a Master’s in Economics Policy Management at the University of Nairobi. He also holds a Diploma in Insurance from the College of Insurance and is an Associate Member of the Insurance Institute of Kenya (IIK) as well as a member of the Institute of Directors of Kenya.

People and Culture

Pheonah Tusiime

Ms. Pheonah Tusiime is a dynamic People & Culture Manager with extensive expertise in designing and implementing HR systems, processes, policies, and strategic initiatives that enable organizations to achieve their objectives. She joined CIC in January 2018 as the HR & Administration Manager. 

She is a member of the Human Resource Managers Association of Uganda (HRMAU) and has over 15 years of managerial and strategic leadership experience in human capital management, including the development and implementation of HR systems, policies, and procedures.

Pheonah completed her Master of Business Administration at Makerere University and is awaiting graduation in 2027. She also holds a Postgraduate Diploma in Human Resource Management

Company Secretary

Hannington Kyogula

Mr. Hannington Kyogula is an accomplished governance and legal professional with over a decade of progressive experience spanning corporate governance, financial services, insurance, employment law, commercial advisory, and regulatory compliance. He joined CIC in January 2024 as Company Secretary and Legal Manager, bringing with him a distinguished track record of strengthening governance structures and advancing institutional legal excellence.

A Chartered Governance Professional, Advocate of the High Court of Uganda, and Commissioner for Oaths, Hannington is highly regarded for his depth of expertise in board advisory, corporate compliance, and strategic legal leadership. He is a Member of the Chartered Governance Institute (UK & Ireland), the Uganda Law Society, and the East Africa Law Society.

Hannington holds a Master of Laws (LL.M) from Makerere University, a Chartered Secretary and governance qualification from the Chartered Governance Institute (UK & Ireland), a Postgraduate Diploma in Legal Practice from the Law Development Centre (Kampala), and a Bachelor of Laws Degree from Kampala International University.

Head of Cooperatives

Sharon Nahabwe

Sharon Nahabwe brings over 23 years of professional experience in the cooperative sector, with the last three years dedicated to insurance for cooperatives as Head of Cooperatives at CIC Insurance. She joined CIC Insurance in 2023 from Bushenyi District Local Government, where she served as Principal Commercial Officer.

Her career began in 2003 at Kyamuhunga Peoples SACCO (KYAPS) as a Banking Assistant. Over the years, she rose through the ranks to become General Manager, a position she held for five years. Sharon’s extensive background in cooperative management and financial services has equipped her with deep expertise in strengthening cooperative institutions and advancing financial inclusion.

She holds a Postgraduate Diploma in Financial Management from Uganda Management Institute and a Bachelor’s degree in Business Administration (Accounting and Finance) from Uganda Martyrs University, Nkozi

General Manager Business Development

Lydia Matuli

Lydia Matuli is the General Manager – Business Development, CIC Africa (U) Ltd, with over 10 years of leadership experience in Life and General insurance. In her current role, she leads strategy execution, marketing, and distribution channel expansion across CIC Uganda entities, with responsibility for optimizing a multi-channel distribution model spanning agency, bancassurance, brokers, branches, corporates, and alternative partnerships.

She has held senior business development roles across leading insurance institutions in Uganda, including CIC Africa Life Assurance, Britam Life Assurance, ICEA Life Assurance, and Sanlam Life Uganda, building deep expertise in growth strategy, partnership development, sales leadership, operations alignment, and customer experience improvement.

Lydia is recognized for setting up and scaling bancassurance distribution, strengthening retail networks, improving operational efficiency, and driving service excellence through training and process improvement. She holds a Diploma in Insurance from the Insurance Training College of Uganda and a Bachelor of Arts in Industrial and Organizational Psychology from Makerere University.

Head of Operations

Peter Odero

Mr. Peter Odero is a seasoned Operations Manager with wide experience in strategies formulation and implementation, internal control implementation & monitoring, operations efficiency and financial management. He joined CIC Group in March 2025 and transition to CIC Africa Uganda in February 2026 as the Head of Operations. He is a member of the Institute of Certified Public Accountants in Kenya (ICPAK) and has over 5 years of strategic leadership & external audit experience in Operations management, including the development and implementation of Standard operations procedures, policies, and internal controls.

Peter Graduated with a Degree in Human Resource Management from The Jomo Kenya University of Agriculture and Technology (JKUAT) 2021.

TitleCategoryYearDownloads
GB Conflict of Interest PolicyGeneral Insurance2024https://ug.cicinsurancegroup.com/wp-content/uploads/2024/01/GB-Conflict-of-Interest-Policy.pdf
Asset Conflict of Interest PolicyAsset Management2024https://ug.cicinsurancegroup.com/wp-content/uploads/2024/01/Asset-Conflict-of-Interest-Policy.pdf
Life Conflict of Interest PolicyLife Assurance2024https://ug.cicinsurancegroup.com/wp-content/uploads/2024/01/Life-Conflict-of-Interest-Policy.pdf
CIC AFRICA - 2022 INTEGRATED ANNUAL REPORTINTEGRATED ANNUAL REPORT2022https://ug.cicinsurancegroup.com/wp-content/uploads/2023/11/CIC-AFRICA-2022-INTEGRATED-ANNUAL-REPORT.pdf
CIC General Insurance Integrated Financial ReportFinancial Report2022https://ug.cicinsurancegroup.com/wp-content/uploads/2023/11/2022-CIC-General-Insurance-Integrated-Financial-Report.pdf
CIC Africa Life Assurance Integrated Financial ReportFinancial Report2022https://ug.cicinsurancegroup.com/wp-content/uploads/2023/11/2022-CIC-Africa-Life-Assurance-Integrated-Financial-Report.pdf
CIC Africa - 2021 Financial Statements 130322 - FinalFinancials2021https://ug.cicinsurancegroup.com/wp-content/uploads/2022/05/CIC-Africa-2021-Financial-Statements-130322-Final.pdf
CIC Africa (U) Limited Financials Booklet 2020Financials2020https://ug.cicinsurancegroup.com/wp-content/uploads/2022/05/CIC-Africa-U-Limited-Financials-Booklet-2020.pdf
CIC Africa (U) Ltd Annual Report Booklet 2019Financials2019https://ug.cicinsurancegroup.com/wp-content/uploads/2022/05/CIC-Africa-U-Ltd-Annual-Report-Booklet-2019.pdf
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