SanlamAllianz Holdings Kenya has appointed Dr Martin-Oduor Otieno as its new board chairman, effective 4th June 2026, succeeding Dr John Simba, who retires after more than two decades in the corner office.
It is during his tenure that SanlamAllianz navigated several milestones, including strategic mergers and acquisitions, recapitalization initiatives and the transition from Pan African Insurance to the Sanlam Allianz brand.
Dr Oduor-Otieno brings to Sanlam Allianz expensive experience in banking, corporate governance and board leadership position across multiple sectors.
With the new board appointments, Sanlam Allianz remains focused on strengthening the group’s regional positioning, capital efficiency and long term shareholder value creation following recent restructuring efforts.
Dr. John Simba, who served as the company’s Board Chairman and Non-Executive Director for more than two decades.
Dr. Oduor-Otieno, holds an honorary Doctor of Business Leadership degree from KCA University, an Executive MBA from ESAM/Maastricht School of Management, and a Bachelor of Commerce degree from the University of Nairobi.
In addition to his strong academic background, Dr. Oduor brings a wealth of experience to Sanlam Allianz. He currently serves as Group Chairman of East African Breweries PLC and as a Non-Executive Director of BAT Kenya Plc and AfricaNenda Foundation.
Latest financial results of Sanlam Allianz 2025 Results show that in the period ended December 31, 2025, the company recorded a profit after tax of KSh 838.0 million, up 2.5% compared to the previous year.
Insurance revenue declined by 3.2% to KSh 4.4 billion, while insurance service result surged 45.7% to KSh 951.5 million. The Group’s balance sheet remained largely stable, with total assets expanding by 0.5% to KSh 39.4 billion.
With the new board appointments, Sanlam Allianz remains focused on strengthening the group’s regional positioning, capital efficiency and long term shareholder value creation following recent restructuring efforts.
Dr. John Simba, who served as the company’s Board Chairman and Non-Executive Director for more than two decades. Dr. Oduor-Otieno, holds an honorary Doctor of Business Leadership degree from KCA University, an Executive MBA from ESAM/Maastricht School of Management, and a Bachelor of Commerce degree from the University of Nairobi.
In addition to his strong academic background, Dr. Oduor brings a wealth of experience to Sanlam Allianz. He currently serves as Group Chairman of East African Breweries PLC and as a Non-Executive Director of BAT Kenya Plc and AfricaNenda Foundation.
Sanlam Allianz Financial Results 2025
Latest financial results of Sanlam Allianz Holdings Kenya 2025 Results show that in the period ended December 31, 2025, the company recorded a profit after tax of KSh 838.0 million, up 2.5% compared to the previous year.
Insurance revenue declined by 3.2% to KSh 4.4 billion, while insurance service result surged 45.7% to KSh 951.5 million. The Group’s balance sheet remained largely stable, with total assets expanding by 0.5% to KSh 39.4 billion.
Sanlam Allianz Holdings (Kenya) PLC formerly Sanlam Kenya Plc operates within the diversified financial services sector, specifically focusing on insurance (life and general), financial planning, retirement, investments, and wealth management in Kenya.
Sanlam Kenya Plc, listed on the Nairobi Securities Exchange, provides a comprehensive suite of financial solutions tailored for the Kenyan market.
Through its key subsidiaries, Sanlam Life Insurance Limited and Sanlam General Insurance Limited, the Group underwrites life and non-life insurance risks, including those associated with death, disability, credit protection, mortgage protection, and property protection.
The company also holds interests in a wholly-owned investment company, Sanlam Securities Limited, and several dormant subsidiaries. Sanlam is a global entity with a presence in 44 countries, positioning Sanlam Kenya as part of a larger international financial services group.
Uchumi Supermarket, has meanwhile, appointed John Mwara as Board Chairman, effective 29th April 2026. Mwara succeeds John Karani Ndiwa, who served as acting chairperson for nearly 8 years during one of the most challenging periods in the retailer’s history.
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