Dr. Alhaj Kaddunabbi Ibrahim Lubega is a Fellow and Certified Professional of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) with over 20 years hands-on experience in finance operations, regulation and supervision. He has passion for good governance, policy making, standard setting and capacity building. Currently, he is the Chief Executive Officer of the Insurance Regulatory Authority

of Uganda (IRA) and Chairman of the East African Insurance Supervisors Association (EAISA). Alhaj Kaddunabbi is also the Past President of the African Insurance Organisation (AIO), 2017/18. He sits on several boards of both private and public entities in keeping with his calling to set up governance systems that outlive him.

As Chief Executive Officer, Alhaj Kaddunabbi has presided over several reforms (Legal and Regulatory) aimed at strengthening the oversight role of the Authority. These include revision of the Insurance Act to provide for a more risk-sensitive supervisory approach, Bancassurance regulations that set a framework for Commercial Banks to sell insurance, Draft Corporate Governance Regulations, Market Conduct, Prudential, Intermediaries, among others. He has put in place structures and systems to ensure adequate execution of the Authority’s supervisory mandate including skill enhancement of staff to match the regulatory challenges.

At the Sector level, under his leadership, the sector has grown exponentially in terms of Gross written premiums from UGX 240 billion in 2010 to UGX 1.44 Trillion in 2022.

His appreciation of the wider financial sector issues has propelled him to initiate and pursue Memoranda of Understanding with different financial sector regulators in the country and outside to ensure adequate cooperation and handling of any systemic risks that may threaten the stability of sector and economy as a whole.

Prior to his current assignment, Alhaj Kaddunabbi was a Legislator in the Parliament of the Republic of Uganda for 10 years where he chaired the Parliamentary Committee on the National Economy and Board of Trustees of the Parliamentary Pension Scheme. He was also an Executive Member of the Parliamentary Union of the Organization of the Islamic Conference.