Stanbic Bank Uganda has Friday announced Dogo Singh as the new head of bancassurance.
Mr Singh will oversee the bank’s bancassurance business. Stanbic Bank, Uganda’s largest bank by assets, was granted a bancassurance license by the Insurance Regulatory Authority of Uganda in October 2017, the first bank to receive the clearance.
Bancassurance was mandated by the Financial Institutions Amendment Bill 2016. The business model refers to using a bank and its branches, sales network and customer relationships to sell insurance products.
Mr Singh has previously worked with DHL and most recently UAP Old Mutual in different roles. A statement issued by Stanbic Bank said he “has a very good comprehension of underwriting and business acquisition and business management and a strong knowledge of people management.
“He has managed about 250 people of different capacities both directly and indirectly. Dogo has a passion for mentorship and empowering young people. He is a board member of AIESEC which is an international exchange program for students and a board member for Public Health Ambassador Uganda.”
Mr Singh has a BSc in Computer Science degree from Makerere University and an MBA from the Eastern and Southern Africa Management Institute.