other businesses in Kenya, to create a single entity that is referred to as UAP-Old Mutual Group. The combined company is expected to list its shares on the Nairobi Securities Exchange. In June 2015, Peter Mwangi was appointed chief executive officer of the UAP-Old Mutual Group. In April 2020, Arthur Oginga took over as CEO. Joe B. Wanjui, the former chairman of UAP Holdings, will assume the role of chairman of the new UAP Old Mutual Group. Subsidiaries and associated companies The companies that comprise the Old Mutual Holdings include, but are not limited, to the following: UAP Insurance Company Limited – Nairobi, Kenya – 100% Shareholding – The flagship company of the group. Offering general insurance. UAP Life Assurance Limited – Nairobi, Kenya – 100% shareholding – Offering life insurance. UAP Insurance Uganda Limited – Kampala, Uganda – 53% shareholding – Offering general insurance. UAP Life Assurance Uganda Limited – Kampala, Uganda – 53% shareholding – Offering life insurance. UAP Insurance South Sudan Limited – Juba, South Sudan – 100% shareholding – Offering general and life Insurance. UAP Financial Services Kenya Limited – Nairobi, Kenya – 100% shareholding – Offering financial services, investment management, Investment advisory, and brokerage services. UAP Financial Services Uganda Limited – Kampala, Uganda – 89% shareholding – Offering financial services, investment management, advisory and brokerage services. UAP Investments – Nairobi, Kenya – 100% shareholding – Offering unit trusts and pension services. UAP Properties Uganda Limited – Kampala, Uganda – 79% shareholding – real estate. UAP Properties Kenya Limited – Nairobi, Kenya – 100% shareholding – real estate. UAP Properties South Sudan Limited – Juba, South Sudan – 70% shareholding – real estate. UAP Brokers – Kinshasa, Democratic Republic of Congo – Offering brokerage services. Union Life Rwanda Ltd – Kigali, Rwanda – 100% shareholding – Offering life insurance. Union Insurance Rwanda Ltd – Kigali, Rwanda – 100% shareholding – Offering general insurance. UAP Century Insurance Company Limited – Dar es Salaam, Tanzania, – 60% shareholding – Offering general and life insurance. UAP Africa Limited – Port Louis, Mauritius – 100% shareholding – Holding company for insurance businesses. UAP Investments – Port Louis, Mauritius – 100% shareholding – Holding company for advisory financial service businesses. UAP Properties – Port Louis, Mauritius – 100% shareholding – Holding company for real estate businesses. UAP Global Services – Port Louis, Mauritius – 100% shareholding – Dormant. UAP Credit Services