Old Mutual CEO Tapped for Pan-African Council Steering £1 Trillion Toward Nature Investments
Old Mutual Group CEO Arthur Oginga has been appointed to the governing council of the Africa Natural Capital Alliance (ANCA), joining a powerful coalition of leaders tasked with mobilizing finance for nature-positive growth across the continent.
The appointment places Mr. Oginga alongside other top executives, including Equity Bank Group CEO James Mwangi and Nedbank CEO Jason Quinn, on a council designed to steer investment towards Africa’s natural assets, such as its forests, wetlands, and biodiversity.
The new council was formally unveiled at the ANCA Summit 2025, which concluded last week. The alliance, established by FSD Africa in 2022, aims to embed the value of nature into economic and financial decision-making. It has grown to include 130 members whose collective assets exceed £1 trillion.
In his acceptance speech, Mr Oginga said the appointment underscores Old Mutual’s commitment to sustainable development and continued investment in climate-resilient projects, strategic underwriting, and risk pricing.
“I am honoured to join the ANCA Governing Council at such a pivotal time for Africa,” Mr. Oginga said in a statement. “By aligning capital flows with nature-positive outcomes, we can help restore ecosystems, strengthen climate resilience, and unlock sustainable livelihoods for millions across the continent.”
Other prominent council members include CIFOR-ICRAF CEO Eliane Ubalijoro, Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) Chairman Dr. David Obura, and African Wildlife Foundation CEO Kaddu Sebunya. Their collective leadership signals a serious push to develop nature-positive economies throughout Africa.
