Jubilee Holdings appoints former exec responsible for Equitel as new CEO

Jubilee Holdings Limited (JHL) has announced the appointment of Dr. Julius Kipng’etich as its Regional Chief Executive Officer (CEO).

Dr Kipng’etich previously served as the COO of Equity Group Holdings Limited. He spearheaded regional growth, new product development and the mobile virtual network operator (MVNO) – Equitel development.

“I am delighted to welcome Dr. Julius Kipng’etich to Jubilee Holdings. He brings on board an outstanding track record of; business process re-engineering, strategic management and a deep understanding of the regional market,” said Jubilee Holdings Chairman, Mr. Nizar Juma.

“I am very confident that through his leadership, we will continue to deliver enhanced value to all our stakeholders.”

Track record

Dr Kipng’etich is the immediate former CEO of Uchumi Supermarkets Ltd and he brings to the group extensive knowledge and experience in strategy and management.

In addition to this, he had an illustrious career as the Director and CEO of the Kenya Wildlife Service (KWS) where he has been credited for a complete turnaround of the organization.

It was during his tenure that KWS recorded tremendous growth and was listed as one of the top five most respected parastatals in East Africa.

Dr. Kipng’etich holds a Masters of Business Administration and a Bachelors of Commerce Degree (Accounting Option) from the University of Nairobi.

“It is a great honor for me to be joining Jubilee Holdings. The group has been in existence for 80 years, has a strong regional presence, excellent products, and a very innovative and talented workforce, all which are a catalyst for our continued success going forward.

I am excited about my new role, the prospects it brings and I look forward to contributing positively to the changing landscape in the insurance industry across the region” said Dr. Kipng’etich.