Board Of Directors

The Board of Phoenix of Uganda Assurance Co. Ltd. is constituted of prominent Mauritian, East African, Indian and Ugandan businessmen and professionals whose wealth of experience and knowledge extends to the fields of Accounting, financial Industry, Banking, Law and Insurance.
 

Mr. Dominique Galea
Chairman
Mr. Maheboob S. Alibhai
Director
Mr Vincent Ah Chuen
Director
Mrs Melanie Faugier
Alternate Director to Mr. Vincent Ah Chuen
Mr James Mukasa Sebugenyi
Director
Mr. Raj Kumar Verma
Director
Mr. Lakshmana Lutchmenarraidoo
Director
Mrs. Nasim Bhalwani
Director
Mr. Latimer Kagimu Mukasa
Managing Director
Mr. Akbar Chagani
Finance Director

MR DOMINIQUE GALEA

Chairman

Mr Dominique Galea, born in 1952, holds a “Hautes Etudes Commerciales” (HEC) degree. He started his career in the textile industry in the early 1980s by setting up an agency business, Kasa Textile & Co Ltd. He has since diversified his activities by acquiring a majority interest in Ducray Lenoir Ltd in 1988, and in Rey & Lenferna Ltd in 1998. Mr Galea subsequently took over Forges Tardieu Ltd in early 2005. He was appointed to the Board of The Mauritius Union Assurance Cy. Ltd in June 2010 and was elected Chairman. Mr Galea is a member of its Corporate Governance, Nomination and Remuneration Committee. He is also the Chairman of La Prudence (Mauricienne) Assurances Ltée, of United Docks Ltd, of Rey & Lenferna Ltd and of Forges Tardieu Ltd, and a director of Associated Brokers Ltd and Ascencia Ltd. Additionally, Mr Galea is the chairman of Phoenix of East Africa Assurance Company Limited, and is a director of its three subsidiaries.

MR. MAHEBOOB SADRUDIN ALIBHAI

Director

Mr. Maheboob Alibhai, born in 1955 and educated in Vancouver, Canada, has been involved in various acquisitions in Kenya. He has also been involved in numerous businesses namely banking, assembly and distribution of motor vehicles, entertainment, manufacturing of biscuits and plastics, and importation of consumer goods. He was actively involved in the acquisition of Phoenix of East Africa Company Limited from Sun Alliance in the U.K. in 1992 and thereafter founded the Phoenix Assurance Group of Companies in Tanzania, Uganda, Rwanda, Zambia, Botswana, Mozambique, Namibia and Swaziland as green-field operations. He is also a Director of several other companies in East and Southern Africa which include micro-lending, FMCG trading and real estate development. Mr. Alibhai is a founding member of Young Presidents' Organization (YPO) in Kenya, and a member of Chief Executives' Organization (CEO) and past Chairman of Phoenix of Uganda Assurance Company Ltd ( 2003 to April 2016)

MR VINCENT AH CHUEN

Director - appointed in 2014

Mr Vincent Ah Chuen, born in 1944, is the Managing Director of ABC Group of Companies. He was appointed to the Board of The Mauritius Union Assurance Cy. Ltd in 1992 and is a member of its Corporate Governance, Nomination and Remuneration Committee. He is the Chairman of Associated Brokers Ltd and a Director of La Prudence (Mauricienne)

Assurances Ltée. Mr Ah Chuen is also a Director of Les Moulins de La Concorde Ltée, of POLICY Ltd, of ABC Motors Co. Ltd, of New Goodwill Investment Ltd and Council Member of Sir J. Moilin Ah-Chuen Foundation. He is also a director of Phoenix Transafrica Holdings Ltd, of Phoenix of East Africa Assurance Co Ltd and two of its subsidiaries.

MRS MÉLANIE FAUGIER

Alternate Director to Mr Vincent Ah Chuen

Mrs Mélanie Faugier, born in 1980, is the Managing Director of Cottons Trading Ltd and Senior homes Ltd. From June 2004 to July 2007 she was the Trading Manager of Thon des Mascareignes (which belongs to the IBL Group). She also worked for Schlumberger Oilfield Services in Equatorial Guinea and for Association Solidari’terre in Madagascar. Mrs Faugier was appointed to the Board of The Mauritius Union Assurance Cy. Ltd in July 2010 and is a member of the Audit & Risk Committee. Mrs Faugier is a director of Phoenix Transafrica holdings, of Phoenix of East Africa Assurance Co Ltd and two of its subsidiaries.

Mrs Faugier holds a DEUG in economics from University of Paris I – Panthéon Sorbonne and an Msc in Management from EM Lyon School of Management.

MR. LAKSHMANA LUTCHMENARRAIDOO

Director

Mr Lakshmana (Kris) Lutchmenarraidoo, born in 1951, worked for the State Bank of Mauritius from 1973 to 1986 and holds a Banking Diploma from Finafrica Institute. He was promoted to management level in 1978 and was the Assistant General Manager of the bank from 1982 to 1986. In 1987, he joined the Mauritius Leasing Company Ltd as General Manager before being appointed Managing Director in 1997 and President of the Financial Services arm of the British American Group from 1999 to 2002. He joined Mauritius Post Ltd in July 2002 as Executive Chairman and was appointed Chief Executive Officer of the Mauritius Post and Cooperative Bank Ltd in May 2003. In September 2005, he left the bank to join Mauritours Ltd as General Manager. He joined La Prudence (Mauricienne) Assurances Ltée in September 2007 as General Manager of the general insurance department and was appointed to the board on 28 May 2010.

Mr Lutchmenarraidoo has been the Chief Executive Officer of The Mauritius Union Assurance Cy. Ltd from 2011 to 2014. He was appointed as Managing Director of Phoenix of East Africa Assurance Company Limited in July 2014, and he is also the Chairman of Phoenix of Tanzania Assurance Company Limited, and a Board Member of Phoenix of Uganda Assurance Company Limited, and Phoenix of Rwanda Assurance Company Limited.

MRS. NASIM BHALWANI

Director

Mrs. Bhalwani, born in 1951, studied Accounting Diplomas Business and is the Director Phoenix of Uganda Assurance. She worked as an accountant for City Center Staff Bureau Limited between1972-1981 and thereafter was appointed the President of the Company in Los Angeles. 1992 to date has been working in Africa namely Tanzania starting with the Foreign Exchange Bureau and then clothing and food Business.

MR. RAJ KUMAR VERMA

Director

Mr. Raj Verma, born in 1954 and studied at College in 1972 and is the Managing Director Verma Company in Uganda and ETS Verma in Rwanda. He worked as managing Director and is results driven to strengthen management teams to maximize company profitability and efficiency.

MR. JAMES MUKASA SEBUGENYI

Director

Mr. James Mukasa, born in 1966 a senior partner at one of the leading law firms in Uganda qualified as a lawyer 1990. He is specialized in commercial and corporate, civil litigation as well as general management law and Business practice. 

MR. CONJEEVARAM KRISHNA SRINIVASAN

Managing Director

He was appointed Managing Director of the Company in November 2015 having served as the Technical and Claims Departments Head for over a decade in Phoenix of Uganda Assurance Company Ltd. He is an Engineer and specialist in Risk Management.

He is a Fellow of the Insurance Institute of India and holds an Advance Diploma in Management. With over 26 years in risk management and risk assessment & General Insurance Srinivasan is well versed with in these fields.

MR. AKBAR CHAGANI

Finance Director

Holds an MBA Finance with a Distinction with over nine years’ experience in general Insurance, Finance and Administration.