Jubilee Group Names Juan Cazcarra New CEO as Kipng’etich Retires

Juan Cazcarra

Jubilee Group has appointed Juan Cazcarra as its next Group Chief Executive Officer. He will take over on December 1, 2026, following the retirement of Dr. Julius Kipng’etich.

The insurance group announced the leadership change on Monday, November 2. Kipng’etich will leave office on November 30 after eight years at the helm.

Cazcarra brings more than 20 years of experience in the insurance industry. His career includes senior leadership positions across Europe, Southeast Asia and Africa.

He joined Jubilee Group in July 2021 and became Deputy Group CEO in April 2025. His appointment places him at the helm after several years within the organisation.

Cazcarra holds an MBA from Universidad Pontificia Comillas (ICADE). He also earned a Bachelor’s degree in Law from the University of Zaragoza, both in Spain.

Jubilee Group Chairman Zul Abdal welcomed the appointment. He said Cazcarra’s industry experience and knowledge of the business would support the company’s next growth phase.

The board also praised Kipng’etich for his contribution during his tenure. Abdal credited him with strengthening the group’s regional position, supporting sustainable growth and developing talent.

The leadership change comes shortly after Sanlam Allianz Holdings Kenya appointed Jacqueline Karasha as its new CEO. Her appointment took effect on November 1, 2026.

Karasha previously served as CEO of Sanlam Allianz Life Insurance Kenya. She brings more than 17 years of experience in leadership, sales and insurance operations.