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Old Mutual Appoints Former Rwanda Central Bank Governor to Board

Martin ArumbyMartin Arum
June 12, 2026
Reading Time: 4 mins read
Old Mutual Appoints John Rwangombwa As Independent Board Director

John Rwangombwa PHOTO/Rwanda Central Bank.

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Old Mutual Holdings PLS has announced the appointment of John Rwangombwa as an independent non-executive director of the company.

In a statement on June 12, 2026, the company said that the appointment is subject to the necessary approvals.

“The Board of Directors is pleased to announce the appointment of Mr. John Rwangombwa as an independent non-executive director of the company,” read part of the statement.

The company congratulated Mr. Rwangombwa on his appointment and welcomed him on board.

“The Board congratulates and warmly welcomes Mr. John Rwangombwa and looks forward to his valuable contribution to the company,” read part of the statement.


Also Read: Jubilee Insurance Company: History, Branches, Premiums, And Packages Offered


Profile of John Rwangombwa

Rwangombwa is a 61-year-old Rwandan national economist and policy expert.

He has over 30 years of experience in public-sector leadership, particularly in financial management, macroeconomic policy, and banking.

Rwangombwa was the Governor of the National Bank of Rwanda from 2013 to 2025.

In this role, he led significant institutional and regulatory reforms to strengthen Rwanda’s monetary policy framework and enhance the resilience and stability of the country’s financial sector.

He also served as the Minister of Finance and Economic Planning in Rwanda.

As a minister, he led key economic reforms including public financial management, modernization, and capital market development initiatives.

Rwangombwa has also held several other senior government positions, including Permanent Secretary, Secretary to the Treasury, Accountant General, and Deputy Commissioner for Customs at the Rwanda Revenue Authority.

Rwangombwa has also served as Chair of the Association of African Central Banks and as a member of the IMF Board of Governors.

He was recognized as the Central Bank Governor of the Year (Sub-Saharan Africa), and as AFIS African Governor of the Year.

Rwangombwa Qualifications

He holds a Bachelor of Commerce (Accounting) degree from Makerere University.

At the same time, Rwangombwa holds a Master of Business Administration (MBA) in Public Administration from the Maastricht School of Management.


Also Read: Old Mutual Life Insurance Company: History, Branches, Premiums and Packages Offered


About Old Mutual Holdings Plc

Old Mutual Holdings Plc is a financial services group operating in East and Southern Africa, but it operates as Old Mutual in Kenya.

The board of directors oversees management, sets strategies, and ensures staff accountability and compliance.

Old Mutual operates under the Capital Markets Authority and Insurance and financial regulations in Kenya and is listed on the Nairobi Securities Exchange (NSE).

Services include insurance services, investment and wealth management, asset management, Pension and retirement solutions, and corporate financial services.

Follow our WhatsApp Channel and X Account for real-time news updates

Old Mutual Appoints John Rwangombwa As Independent Board Director
John Rwangombwa with Rwandan President Paul Kagame at a past event. PHOTO/Kagame.
Tags: John RwangombwaOld Mutual Holdings
Martin Arum

Martin Arum

Martin Arum is a dedicated Communication and Media practitioner. He currently contributes to The Kenya Times, where he develops his craft in digital journalism, news writing, and multimedia storytelling. Martin is driven by a commitment to factual and impactful reporting that not only informs but also sparks meaningful engagement across digital platforms. With a keen interest in modern communication trends and audience-driven content, he aims to bridge narratives between communities and the evolving media landscape. He can be reached at [email protected]

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