NCBA Insurance proudly served as the Platinum Sponsor of the Actuarial Students Society of Kenya (ASSK) Product Development Competition, bringing to life its new purpose: Banking on Belief, Empowering Ambitions – Ubuntu Spirit. This sponsorship reflects NCBA’s unwavering commitment to youth empowerment, mentorship, and sustainable skill-building, particularly for young professionals and in the financial services sector.
The competition brought together actuarial students from universities across Kenya, challenging them to apply their problem-solving skills to real-world industry issues. Participants developed innovative solutions in insurance, risk management, financial services, and economic resilience, demonstrating the critical role actuarial science plays in shaping sustainable financial futures.
ASSK continues to serve as a vital bridge between academic training and professional practice, connecting students with industry leaders and creating opportunities for mentorship, practical learning, and career development.
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Speaking on NCBA Insurance’s role, Stella Njung’e, CEO and Managing Director of NCBA Insurance, emphasized the company’s belief in nurturing talent:
“Actuaries today are innovators and strategic thinkers who help organizations navigate complexity. By sponsoring this competition, we are not only investing in the future of insurance but also living our purpose Banking on Belief, Empowering Ambitions. We believe in the collective strength of mentorship, collaboration, and inclusivity to build a sustainable future for youth and women across Africa.”
Through the NCBA Change the Story initiative, the company continues to champion education, mentorship, and innovation. Its Sponsorship of the ASSK Product Development Competition underscores NCBA Insurance’s dedication to creating meaningful opportunities for young professionals to gain practical experience, build industry connections, and contribute fresh ideas that drive positive change.
This year’s competition highlighted the transformative potential of actuarial science in advancing financial inclusion, resilience, and sustainability. By fostering mentorship and skill-building, NCBA Insurance is helping shape a generation of professionals ready to lead Africa’s insurance and financial services industry with purpose and impact.
