Who We Are
Commitment to Excellence and Innovation
First Mutual Holdings Limited is a leading financial management group in Zimbabwe offering services in risk management, wealth creation and wealth management in the insurance sector.
The Group has more than a hundred years of serving Zimbabwe by provision of economic dignity though its strategic business units. We have diverse interests in life assurance, health insurance, short term insurance; short term re-insurance; long term re-insurance; wealth management, property sector, funeral services and microfinance housed under the following subsidiaries; First Mutual Life, First Mutual Health, NicozDiamond Insurance, First Mutual Reinsurance, FMRE Property & Casualty (Botswana), First Mutual Wealth Management, First Mutual Properties, First Mutual Funeral Services and First Mutual Microfinance.
Our Investment Case
What sets FMHL apart as an investment opportunity
First Mutual Holdings Limited (FMHL) presents a compelling long-term investment opportunity as a diversified, regionally integrated financial services group anchored in stability, innovation, and sustainability. With operations spanning life and health insurance, reinsurance, general insurance, microfinance, property and wealth management, FMHL offers access to resilient revenue streams across high-growth Southern African markets. Backed by a strong governance framework, robust regulatory capital, and a forward-looking sustainability strategy, FMHL is well positioned to deliver shareholder value through economic cycles.
Meet our management team
Leadership That Drives Vision and Excellence
Meet our board of directors guiding our vision and strategy to elevate investor value.
Douglas Hoto
Group Chief Executive Officer
William Marere
Group Finance Officer
