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CIC GENERAL INSURANCE (U) LTD

A subsidiary of CIC Insurance Group (PLC), CIC General Insurance (U) Ltd is one of the leading insurance service providers in the region. With our head office is in Kampala and regional offices in Kasese, Mbarara, Mbale, and Kampala Town Office, we are serving a wide range of customers from Cooperatives to Corporates, SMEs, NGOs, Government entities, and individuals. We offer a wide range of insurance and financial solutions through the co-operative spirit. Our insurance policy packages protect our client’s businesses giving them peace of mind to grow their wealth and achieve their financial goals. In all we do, we keep our word, a testament to our commitment to honor genuine and valid claims from all our clients.

Welcome to CIC. “We keep our word” to secure your future.

Inholo
Board Chairman

George Inholo

PATRICK NYAGA
Director

Mr. Patrick Nyaga

James Njue Njiru
Director

Mr. James Njue

Sebastian Okot Ondoga
Director

Sebastian Okot Ondoga

Mary Josephine Nabuyungo
Director

Ms. Mary Josephine Nabuyungo

Badebye
Director

Dan N Badebye

Douglas Ndawula Kakyukyu
Director

Douglas Ndawula Kakyukyu

Mr. Sylivester Ndiroramukama
Director

Mr. Sylivester Ndiroramukama

Board Chairman

George Inholo

Age 58 years, George joined the CIC in February 2020, as a board member on CIC general business
board and then later appointed to serve on the Audit and risk committee.
George is an economist and social administrator by training with multiple post graduate qualifications in
the fields of Project management, General management skills, Hospitality, Health safety and
environment, Negotiation skills and Product Marketing
He is the chairman of orange residence and business center in Kampala, the Chairman of Genesis
Arcade complex (shopping mall, apartments and real estate, he is a Rotarian
George brings on board 33 years of professional corporate experience in hospitality management with
ITT Sheraton International, 11 years in Sub Sahara Africa, Middle East & Europe, 16years with Unilever
global FMCG company operating in over 100 countries, as well as manufacturing sector with Uganda
clays where he has been the Managing Director for 6 years (2014 -2020).

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

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.

Director

Sebastian Okot Ondoga

Sebastian, aged 65, joined the CIC board in 2008 as an independent non-executive director.
Currently he is in private agribusiness. He holds a BSc in Economics and Mathematics and Postgraduate Certificate in Project Planning and Management of Makerere University and MBA (Management) of Ndejje University, Uganda.

He was on the Board of Trustees of Non-Performing Assets Recovery Trust (NPART) in 2006-2007 and on board of directors of PostBank Uganda Ltd (2013-2019) where he chaired the board’s HR and Remuneration Committee, Credit Committee and was board Committee member of the Audit Committee and the Operations Committee.

He has 21 years of experience in commercial banking having worked with then Uganda Commercial Bank (1981-2002) rising from Trainee to Chief Manager where he was involved in operations, treasury functions, inspection, supervision etc.

He has attended a number of trainings in banking, strategy, budgeting, audit issues, corporate governance etc in Uganda, Kenya, Zanzibar, South Africa and the UAE. He is also a member of the Institute of Directors (IoD) (Kenya).

Director

Ms. Mary Josephine Nabuyungo

Ms. Nabuyungo is a board member of CIC General Insurance. She is a strong co-operator who has served the cooperative movement at international, Continental, and National levels.
She holds a Bachelor of Education – Makerere University, Diploma in Education – Nagongera National Teachers’ College, Grade III Certificate – Buwalasi T.T.C, Grade II Certificate – Sancta Maria Primary Education.
From 2015 to 2019, she served as a Director at CIC Africa (Uganda) Limited. She is a seasoned educator with specialization in Primary and Teacher Education. She is currently involved in Education Development work as a Head Teacher of St Joseph’s Mixed Primary School Naggalama since 2003 to date. She served as the Chairperson of African Confederation of Savings and Credit Associations (ACCOSCA), Treasurer Uganda Co-Operative Savings & Credit Union, Chairperson Mukono Kayunga Teachers’ SACCO, Chairperson UNATU Central Region, Chairperson East African Women Network, President Primary Head teachers Association Mukono for 12 Years, Vice Chairperson Uganda Primary Head teachers Association, Member Board of Governors of two Catholic Schools, Secretary to Naggalama Parish Catholic Pastoral Council, In Charge CARITAS Lugazi Diocese.
She has specialization in Education Administration and Planning, Policy, Planning and Advocacy, including in Financial Management of Income Generating Activities. She has had numerous exposures in organizational Psychology through experience, training, conferences and symposia both locally & internationally.

Director

Dan N Badebye

Mr. Badebye joined CIC General Insurance Uganda Ltd in 2022 and sits on the Audit Committee and Investment Committee. He is a partner at Bawunha and Badebye Certified Public Accountants and he is also the Director of Finance at Uganda Christian University.  With over 20 years’ experience, he has served as Director Finance and Administration of the Uganda Retirement Benefits Regulatory Authority, Head of Finance at National Drug Authority, Head of Support Services at Baylor – Uganda and Head of Finance at Uganda Management Institute.

He holds a bachelor’s degree in Commerce of Makerere University and a master’s degree in Business Administration jointly awarded by the East and Southern Africa Management Institute (ESAMI) and Maastricht School of Management (MSM). He is a Fellow of the Association of Chartered Certified Accountants (ACCA), a Member of the Institute of Certified Public Accountants of Uganda (ICPAU) and graduate of the Institute of Chartered Secretaries & Administrators (ICSA).

Dan N Badebye serves on the Member Services Committee of the Institute of Certified Public Accountants of Uganda (ICPAU). He also served as the Chairman Board of Directors of the CPA Cooperative Society Ltd.

Director

Douglas Ndawula Kakyukyu

Douglas Ndawula Kakyukyu aged 46years joined the Board in 2022 as an Independent Non-Executive Director. He holds; a master’s degree in business administration (Project Planning and Management) of Makerere University, a Bachelor of Engineering in Mechanical & Manufacturing Engineering (Hons) of Kyambogo University plus many other diplomas and professional certificates. He is a member of the Institute of Corporate Governance.

The Director has over 21 years’ experience in the fields of; strategic planning, policy formulation and implementation, management, engineering, manufacturing, health and safety management, human resources management, marketing and distribution, etc.

He has worked as a General Manager for Wavah Water Limited, and worked for; British American Tobacco Limited, Hima Cement Limited, Cotton Development Organization, Uganda Ginners and Cotton Exporters Association, Sugar Cooperation of Uganda and currently, he is the Chief Executive Officer of Soroti Fruits Limited, the makers of Teju Juices.

Director

Mr. Sylivester Ndiroramukama

Mr. Sylvester Ndiroramukama is a Board Director, CIC General Insurance. He is the Chief Executive Officer for Uganda Cooperative Savings and Credit Union. He has got a wealth of experience in Research Methodologies, Product Development, Financial analysis and on spot Technical Assistance and Mentoring to SACCOs and microfinance.
Mr. Ndiroramukama has got hands on experience in project management and reporting skills, negotiation and communication skills, accounting and financial management skills.
Mr. Ndiroramukama has a Bachelor of Commerce (Accounting) Degree from Makerere University, Diploma in Microfinance from Uganda Institute of Bankers, Higher Diploma in Marketing from Uganda College of commerce Aduku, Postgraduate Diploma in Project Planning and Management (PGD-PPM) from Uganda Management Institute. He is a Certified Public Accountant of ICPAU. Pursuing a Masters in Management Studies (Project Planning and Management) at Uganda Management Institute.

CIC General Insurance Limited quick facts as of 2022

10
Products
31.81
GWP
30.3
Total Assets

This subsidiary offers a wide range of general insurance products to cater for the various insurance needs of different market segments. They include;

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