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
FMHL is a leading diversified financial services group offering integrated solutions across life assurance, health insurance, short-term insurance, reinsurance, property management, and investment services. The Group’s ability to adapt to dynamic environments and capitalize on growth opportunities positions it as a key player in the region.
FMHL is a resilient and forward-looking institution, committed to delivering value to investors and stakeholders through strategic agility, regional expansion, and a focus on innovation.
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