Jubilee Group has appointed Juan Cazcarra as its new Group Chief Executive Officer (CEO), replacing Dr. Julius Kipng’etich, who is set to retire after eight years at the helm.
In a statement issued on Monday, November 2, 2026, the financial services group announced that Cazcarra would assume office on December 1, succeeding Kipng’etich, whose tenure ends on November 30.
Cazcarra, who joined Jubilee Group in July 2021, has served as Deputy Group CEO since April 2025.
He brings more than 20 years of experience in the insurance industry, having held senior management positions across Europe, Southeast Asia and Africa.
During his time at Jubilee, Cazcarra has been involved in advancing the group’s digital transformation agenda, improving operational efficiency, simplifying internal processes and strengthening customer service delivery.
The company said his experience across different markets, combined with his understanding of Jubilee’s operations and the wider insurance industry, positioned him to lead its next phase of growth.
Commenting on the appointment, Jubilee Group Chairman Zul Abdal said the incoming CEO had demonstrated an understanding of the company’s business and strategic ambitions.
“On behalf of the Board, I congratulate Juan Cazcarra on his appointment as Group Chief Executive Officer. Having worked closely with the Group’s leadership and contributed to our progress, Juan brings extensive industry experience, institutional knowledge and a clear understanding of our business and ambitions,” Abdal said.
“We are confident in his ability to build on our achievements and lead the Group through its next phase of growth,” he added.
Cazcarra holds a Master of Business Administration (MBA) from Universidad Pontificia Comillas (ICADE) and a Bachelor’s Degree in Law from Universidad de Zaragoza, both in Spain.
His appointment follows his progression through Jubilee’s leadership structure, having joined the organisation in 2021 before becoming Deputy Group CEO in April 2025.
His experience spans insurance operations across multiple international markets, with a focus on business transformation, operational efficiency and service delivery.
Kipng’etich will leave the position on November 30, 2026, after serving as Jubilee Group CEO since 2018.
The company credited him with strengthening its regional market position, promoting sustainable growth and investing in employee development during his eight-year tenure.
Abdal praised the outgoing CEO for his contribution to the group’s growth and leadership development.
“We extend our sincere appreciation to Dr. Julius for his exceptional leadership and dedicated service to Jubilee. His contribution has been instrumental in strengthening the Group’s position in the region, championing sustainable growth and developing the talent that will shape our future,” the chairman said.
“We wish him every success and fulfilment in his retirement,” he added.
The appointment takes effect on December 1, 2026.
