On January 22, 2016 Dietmar Raich was appointed as Jubilee Holdings Limited Group chief executive to oversee operations in five African countries. Prior to this appointment, Mr. Raich served as the company's regional CEO for the Life Business, where he provided strategic direction and business results for Jubilee Insurance's Life business. The new Group CEO has over 34 years of insurance industry and management experience having worked previously as Head of Global Life & Health - Strategy and Development at Allianz in Munich, Germany before being posted to Bahrain as the General Manager & Chief Financial Officer at Allianz Middle East & South Asia.