UAP Old Mutual Holdings has named a new Chief Executive Officer to take over from Peter Mwangi, who resigned after serving for five years.
Arthur Oginga, who currently serves as the Chief Operating Officer for Old Mutual Africa, will be taking over the holding from April 14, 2020.
The Board Chairman Dr. J.B. Wanjui confirmed Mr. Mwangi resignation, saying that he will be pursuing new interests.
“Peter’s departure is a regrettable loss, but we wish him nothing but the very best as he embarks on the next phase of his career,” sai Dr. Wanjui.
Mr. Oginga Over as the Acting Chief Financial Officer for UAP Old Mutual based in Nairobi for the last two years.
Mr.Wanjui said the Board expressed confidence in Mr.Oginga’s ability to take the helm as the Group CEO of UAP Old Mutual.
The chair further noted that the appointment was made possible by UAP Old Mutual’s robust succession planning and talent pipeline thus enabling the Board to make the internal appointment with great confidence.
“Arthur is not only familiar with the East Africa business, but is also highly experienced and able to take the helm and enable a seamless transition. Arthur will also provide the necessary stability during these turbulent times globally, to steer the business to the next level without any undue internal disruptions,” the Board Chairman said.