Andrew Makumbi


Job Title: Chief financial officer

Company: Jubilee Allianz Uganda


Andrew Makumbi is the CFO at Jubilee Allianz General Insurance Company.

The experienced professional has spent over a decade leading finance functions in the insurance industry.

Andrew has extensive experience in financial reporting and corporate accounting, finance operations, audit and advisory as well as general management. He has worked in a number of African countries including Kenya and South Africa.

Andrew holds a Bachelor of Science degree in Mathematics from Makerere University and is a chartered accountant, a fellow of the Association of Chartered Accountants, UK, and a member of CPA, Uganda. He has also attended the Executive and Leadership Development programme at Strathmore Business School, Nairobi.

Oct 2019 - Present: Chief Financial Officer, Jubilee Insurance Uganda
Jan 2016 - Oct 2019: Chief Financial Officer, AIG Kenya
May 2015 - Dec 2015: Regional Operational Controller, AIG Kenya
Nov 2013 - Apr 2015: Chief Financial Officer, AIG Kenya
Feb 2012 - Oct 2013: Chief Accountant, The Jubilee Insurance Company of Uganda Limited
Jan 2009 - Aug 2011: Assistant Manager, PricewaterhouseCoopers Uganda
Jul 2006 - Dec 2008: Senior Audit Associate, PricewaterhouseCoopers Uganda
Sep 2004 - Jun 2006: Audit Associate, PricewaterhouseCoopers Uganda

Executive and Leadership Development program: Strathmore Business School.
2001 - 2005: Bachelor’s (Mathematics), Makerere University

Jubilee Allianz Uganda
Jubilee Allianz General Insurance Company Limited (Jubilee Allianz Uganda) is a subsidiary of the Allianz Group, a worldwide leader in insurance and asset management. For over 80 years, Jubilee Insurance has distinguished itself as a regional market leader and composite insurer in East Africa, with a diverse business and an investment portfolio.

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