Type | Public company |
---|---|
KN: JUB | |
Industry | Insurance and finance |
Founded | 1937 |
Headquarters | , |
Key people | Nizar N. Juma Group Chairman Julius Kipng’etich Group CEO [1] |
Products | Insurance, investments, real estate, management services |
Revenue | USD 300 million (2013) Aftertax:US$27.8 million (KES:2.5 billion) (2013) |
Total assets | US$678 million (KES:61.16 billion) (2013) |
Number of employees | 878 (2015) |
Website | www |
Jubilee Holdings Limited is a financial services holding company, with its headquarters in Nairobi, Kenya. The company maintains subsidiaries in Kenya, Uganda, Tanzania, Burundi, and Mauritius. [2] Its activities are mainly in the insurance sector. [3]
Jubilee Holdings Limited is a large financial services conglomerate in East Africa, the Indian Ocean Islands, and parts of southwestern Asia. As of December 2013, the company controlled assets valued at over US$678 million (KES:61.16 billion), with shareholder's equity of approximately US$119 million (KES:10.7 billion) [4] The company's subsidiary in Kenya, Jubilee Insurance Company Limited, was the largest insurance company in that country, the largest economy in the East African Community, according to a report by the Insurance Regulatory Authority, released in December 2014. [5]
The following is a list of subsidiaries (50+% shareholding) and associated companies (less than 50% shareholding) of Jubilee Holdings Limited, who together form the Jubilee Group. [6]
The shares of stock of the holding company are listed on the stock exchanges in Nairobi, Kampala, and Dar es Salaam. [9] The largest shareholders in the company as of December 2015 are listed in the table below: [4]
Jubilee Holdings Limited Stock Ownership | ||||||||||||||||||||||||
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The activities of the Holding Company (The Group), are supervised by an eight-person board of directors, led by Group chairman Nizar N. Juma. [10]
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